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The Blue Ridge Furniture Factory has fixed costs of $10 million and variable costs of $5 million.If it turns out 1 million chairs a year,how much is the average total cost of producing one chair?

On Jul 17, 2024


$15
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What is Harley's 2019 return on assets (rounded) ?

A) 12.5%
B) 13.2%
C) 16.0%
D) 25.0%

On Jul 15, 2024


B
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What is the UCC approach to the risk of loss of goods during transportation?

On Jun 17, 2024


The UCC provides specific rules governing risk of loss that are designed to provide certainty and to place the risk on the party best able to protect against loss and most likely to be insured against it.Risk of loss under the Code depends on the terms of the parties' agreement,on the moment the loss occurs,and on whether one of the parties was in breach of contract when the loss occurred.
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In the terminology of the Boston Consulting Group, a "Dog" refers to an organization or subunit that has ___.

A) a low market share in a high-growth market
B) a low market share in a low-growth market
C) a moderate market share in a moderate-growth market
D) a high market share in a high-growth market
E) a high market share in a low-growth market

On Jun 15, 2024


B
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A rapidly growing GDP indicates a(n) ______ economy with ______ opportunity for a firm to increase sales.

A) stagnant; little
B) stagnant; ample
C) expanding; little
D) expanding; ample
E) stable; no

On May 18, 2024


D
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Refer to Scenario 7-2. How much is total surplus at the equilibrium price in this market?

On May 16, 2024


Total surplus at the equilibrium price is $324.