What would you like to do?
letter to a firm asking about catalogues
No because it does not produce at minimum average total cost
Firms produce multiple products because the aim is to be a producer that maximizes profit. Firms produce multiple products to get maximum profit.
variable cost plus fixed cost.
It's near its consumers
It is made just like regular tofu, but weights (usually wooden planks) are left over the blocks of tofu to express some of the water in it. This results into a firm or extra… firm texture depending on the weight and/or the duration of the press process.
A demand inelastic good (as opposed to a supply inelastic good) is a good that is essential to the well-being of individuals in the market. So certain staple food, such as mai…ze, wheat, etc. are inelastic because they are a life requirement (these would be about as close to perfectly inelastic as you could get). In order for a firm to make their product inelastic they would benefit from making their product unique, or making it seem unique to the consumer, this is called 'branding' and or 'product differentiation'. The actual product doesn't have to be entirely unique, but should have a unique feature. The producer may differ themselves from the rest in some significant way (donating to charity, sponsoring events, employing locals etc.). Either make the good (or a particular unique feature of it) somewhat of a necessity for the consumer to have, or play on emotions; either way the brand loyalty among consumers will increase. There are also methods concerning 'predatory pricing' and 'exclusive dealings', however these would require the firm in question to be established as they involve eliminating substitutes for the product.
to acquire profits
Companies making accessories for Apple computers and other devices often try to imitate the look and feel of the products they are designed for, with brushed aluminum and glos…sy black surfaces.
a]increasing marginal returns b]diminishing returns c]negative returns
Wholly depends on the customer segment that the firm is targeting. Understanding their needs is an integral part of any customization attempt.
SABMiller is a multinational brewing and beverage company. It is a bottler of Coca-Cola and has beer brands that include Fosters, Miller Genuine Draft, Grolsch, and Pilsner Ur…quell.
One of the products that can be used to help in skin firming is a facial firming cream. Another product that can be used to help in skin firming is a cellulite skin firming pr…oduct.
The firm Jeffers is a particular company that sells pet and livestock supplies for both small family and or farm. The store will also sell pet accessories such as bed and blan…kets for small critters.
The Production Budget for The Firm was $42,000,000.
the impact of produvtivity