Examlex
Classify each cost item of Ripon Printers given below into one of the business functions of the value chain, either (1) R&D, (2) design of products and processes, (3) production, (4) marketing (including sales), (5) distribution, or (6) customer service.
Item:
a.cost of customer order forms
b.cost of paper used in manufacture of books
c.cost of paper used in packing cartons to ship books
d.cost of paper used in display at national trade show
e.depreciation of trucks used to transport books to college bookstores
f.cost of the wood used to manufacture paper
g.salary of the scientists attempting to find another source of printing ink
h.cost of designing the book size so that a standard-sized box is filled to capacity
Supply of Wheat
Refers to the total quantity of wheat that producers are willing and able to sell at different price levels in a given period.
Technology Used
The application of scientific knowledge, tools, and equipment to improve products, processes, and services.
Number of Firms
Refers to the total quantity of individual businesses operating within a particular industry or market.
Price of Inputs
The cost of the resources used in the production of goods and services.
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