Imagine you are creating a new product to sell in an up-and-coming market. Which of the below statements indicates that it would be easy for you, as the new entrant, to compete in this market? the threat-of-new-entrants force is high in the up-and-coming market; the threat-of-new-entrants force is low in the up-and-coming market; the threat-of-new-entrants force is impossible to define in the up-and-coming market; all of these, depending on the time of year.

Joint cost cheyenne, inc. produces three products from a common input. the joint costs for a typical quarter follow: direct materials $45,000 direct labor 55,000 overhead 60,000 the revenues from each product are as follows: product a $75,000 product b 80,000 product c 30,000 management is considering processing product a beyond the split-off point, which would increase the sales value of product a to $116,000. however, to process product a further means that the company must rent some special equipment costing $17,500 per quarter. additional materials and labor also needed would cost $12,650 per quarter. a. what is the gross profit currently being earned by the three products for one quarter? $answer b. what is the effect on quarterly profits if the company decides to process product a further? $answer