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It is reported that the Sports Memorabilia market is $12 billion. For signed merchandise, the market is currently at $1.5 billion.
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What is a bulk-gaining industry?
an industry in which the final product weighs more or comprisesa greater volume than inputs.
How do you calculate variable unit costs and total annual costs?
Annual units sold, 1000. Raw materials annual cost 650. Building rent annual cost 9000. If sales volume increased to 6000 units and 8000 units, what is the total annual cost and unit cost for fixed varible? ---------------------------- Cost per unit of raw material=650/1000= 0.65 Fixed cost(Rent)=9000 Fixed cost per unit= 9000/1000= 9.00 If the sales volume increases to 6000 units, then total cost= 12900 and cost per unit = 2.150 Variable cost+ fixed cost= (0.65*6000) + 9000= 12900 / 6000 = 2.15 If the sales volume increases to 8000 units, then total cost= 14200 and cost per unit = 1.775 (0.65*8000) + 9000= 14200 / 8000 = 1.775
How is density used in industry?
Density or, more strictly, variations in density are perhaps most commonly used to separate materials of different density in a machine called a centrifuge. Density measures a relationship between the mass and volume of an object.
Suppose the government places a sales tax on firms in a monopolistically competitive industry Explain what happens to the equilibrium price and the number of the firms in the industry?
The supply curve shifts upward because of the tax, so the equilibrium price increases, but the price the sellers receive decreases. Because the sellers' price decreases, the firms are making a loss, so some firms drop out of the market.IF THE GOVERRNMENT PLACES A SALES TAX ON FIRMS IN AMONOPOLISTICALLY COMPETITIVE INDUSTRY,THE REACTION WOULD VARY-with the nature of product-with the nature of market factors-with the high value/ low value of the products-RATE OF THE THE SALES TAX.etc.-----------------------------------------------------------IF THE RATE OF THE SALES TAX WAS 2/3%,IT WILL HAVE NO IMPACT .----------------------------------------------------------------------IF THE RATE OF THE SALES TAX WAS WAS 10/12 %,IT WILL CREATE AN IMPACT ON THE MARKET.-the sensitive customers will move over to the cheaper substitutes.-the reduction in sales volumes will affect the channels/ resellersas they will shift to other substitutes.-the volume reduction will affect the productivity of the firms.-the volume reduction will affect the unit production cost.HENCE SUCH MARGINAL PLAYERS WILL CLOSE THE PRODUCTION UNIT.ONLY LARGE VOLUME MANUFACTURERS CAN SUSTAINTHE SALES AND MANAGE TO STAY IN THE MARKET.
What economic factors or condition affect companies operating in construction industry?
Mostly GDP growth and GDP per capita (as conjucture in construction industry is highly correlated with economic growth), interest rates (cost of credits for companies and their clients), inflation (if costs of energy and materials rises so the costs of construction services grow as well -> demand for them falls), private income and investments volume (mainly government) (if higher -> demand rises). Interest rates and stability of exchange rates encourage more FDI so the cash from them may be transferred into construction industry.Hope I'm right, I'm writing thesis about construction industry :).
What is now the latest total sales volume the MLM industry producing?
Network Marketing is a now a billion dollar industry. There are successful mlm companies with access of over 300 million in annual sales.
What are Walmart stores sales volume?
What is the annual volume of the Cleveland Ga. Walmart Supercenter
Where did the greatest challenge to the dry pasta and noodle industry come from?
The greatest challenge to the dry pasta and noodle industry was expected to come from competition with other types of pasta. For example, the sales volume of frozen pasta grew at an annual rate of 19.1 percent from 1980 to 1985
What is the annual volume of white cement import to Nigeria?
10
What is the annual sales volume for walmart stores in farmington, nm?
Not sure
What is a bulk-gaining industry?
an industry in which the final product weighs more or comprisesa greater volume than inputs.
If I have a number that represents 10 months of volume how do I calculate the annual volume?
Divide the ten months of volume by 10. This will give you the volume for one month. Times the one month volume by 12 (the number of months in a full year).
What was SIC 3699's sales volume in 1987?
In 1987 the industry's sales volume reached $792 million
What was SIC 3699's sales volume in 1994?
In 1994 the industry's sales volume reached $5.1 billion
What were SIC 3699's sales volume in 1990?
In 1990 the industry's sales volume reached $5.8 billion
What are the revenues of the specialty paint and coatings industry?
Having declined both in terms of volume and revenues in 1991 and 1992, this industry segment rebounded to sales of $3.1 billion in volume of 194 million gallons by 1994
Who rule the hospitality industry?
France. france is the world leader in volume and quolity.
