After you've made a budget, make a list of all your other monthly expenses. Debt, child care, and insurance are good places to start.
What would you say about the expense?
Spending that is done without enhancing, gaining, or extending the life of a thing is considered an expense. A capital expenditure would be made, for example, by someone who buys a new car for their business as they have added an additional asset to their organization.
A reasonable expense is one that was incurred in accordance with the plan of action that a prudent person would have taken in the specific circumstances at the time this same decision to make the expenditure was made.
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an investor wants to be able to buy 4 percent more goods and services in the future in order to induce her to invest today. during the investment period, prices are expected to rise by 2 percent. which statement(s) below is/are true? i. 4 percent is the desired real risk-free interest rate. ii. 6 percent is the approximate nominal rate of interest required. iii. 2 percent is the expected inflation rate over the period.
1st and 3rd. These statements are true. The desired real risk-free interest rate is the rate of return that the investor wants to receive on her investment, after adjusting for inflation.
In this case, the desired real rate of return is 4 percent. The expected inflation rate over the period is the increase in prices over the period, which is 2 percent.
As for statement II, it is not true. To calculate the approximate nominal rate of interest required, we need to add the desired real rate of return to the expected inflation rate:
Nominal rate of interest required = Desired real rate of return + Expected inflation rate
Nominal rate of interest required = 4% + 2% = 6%
So, the approximate nominal rate of interest required is 6 percent.
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the porter five-forces model is designed to help us understand how social attitudes and cultural values impact u.s. businesses. group of answer choices true false
The given statement "The porter five-forces model is designed to help us understand how social attitudes and cultural values impact U.S. businesses" is False because it is also used to analyze the new market.
The porter five-forces model is the model of five forces in which the analyze of the operating environment the new method of a competition in the business field.
This model from the industrial organization economics in determining the competitive intensity and attractiveness of the industry in the term of the profitability.
The five forces models in which the five forces are competitive rivalry, supplier power, buyer power, threat of substitution and the threat of new entry.
The question is incorrect, the correct question is here:
The porter five-forces model is designed to help us understand how social attitudes and cultural values impact U.S. businesses. State True or False.
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1. Equilibrium point 2. Demand curve 3. Quantity axis 4. Price axis 5 Supply curve Match each of the options above to the items below. O This is the point at which the quantity of oil in supply meets the quantity in demand. O This part of the graph indicates the quantity of oil. The quantity increases along the continuum. O This part of the graph indicates the price of oil. The price increases along the continuum. O This represents the amount of available oil. This increases when prices are high. O This represents how much oil buyers want to purchase.This increases when prices are low.
This reflects the desired amount of oil purchases. When prices are low, this gets worse.
Who is a buyer in business?A buyer, also referred to as a purchaser, is in duty of purchasing goods on behalf of a business. They are in charge of discussing contracts with vendors, investigating potential purchases, and evaluating the present product lineup.
Who is buyer and seller?Seller and Buyer. A buyer is defined as an individual who sells or has contracted to buy goods in Section 2(1) of the Act. A buyer is among the participants in the agreement because a sale is an agreement between two people. The Act's section 2 defines "seller" (13). A salesman is someone who has made a deal to sell something.
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T/F the philosophy of utilitarianism is used to explain why restaurants
The goal of utilitarianism is to produce both winners and losers. Restaurants, theaters, and hotels should make themselves disability accessible, according to utilitarian philosophy. The rights to life, freedom, and the pursuit of happiness are all examples of human rights.
What is utilitarianism ?A variation of consequentialism known as utilitarianism holds that the only criteria for determining what is right and bad are the results of any action.
Utilitarianism takes into account the interests of all sentient creatures equally, in contrast to other varieties of consequentialism like egoism and altruism.
On a number of matters, including whether decisions should be made based on the anticipated outcomes of acts (act utilitarianism) and whether agents should follow guidelines that maximize utility, utilitarians have disagreed (rule utilitarianism).
There is controversy over whether the utility of those who are least fortunate or average utility (total utilitarianism) should be prioritized.
Despite the fact that the hedonists Aristippus and Epicurus, who believed that enjoyment was the only thing that mattered.
Hence, The goal of utilitarianism is to produce both winners and losers. Restaurants, theaters, and hotels should make themselves disability accessible, according to utilitarian philosophy.
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which of the following statements about models is correct? a. the more details a model includes, the better the model. b. models cannot be used to make predictions. c. models assume away irrelevant details. d. models cannot be used to explain how the economy functions.
The correct statement about models is that the more details a model includes, the better the model.
An economic model is a condensed representation of reality that frequently use mathematical expressions to explain how the economy functions. The economic activity can be predicted using an economic model. The complex process is explained by the economic model. The economic model aids in the formulation of the proper economic policy by the decision-makers.
In order to predict what would occur in various scenarios or at a future time, an economic model is a theoretical construct that describes a process by a number of variables and a set of quantitative or logical relationships between them. It is essentially a condensed framework for explaining how the economy functions.
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which two of the following are among the biggest challenges in conducting good marketing research?
1. Consumers may not be willing to reveal personal information.
2. Consumers' stated intentions may not match their actual purchase behavior.
Consumers may not be willing to reveal personal information and Consumers' stated intentions may not match their actual purchase behavior are the biggest challenges in conducting good marketing research.
What is marketing research?The intentional, unbiased process of gathering, analyzing, and coming to a conclusion about an assessment pertinent to a suitable promotional issue that a corporation is facing is known as marketing research. It involves obtaining primary and secondary data and evaluating it in order to better understand the target market and direct product decisions.
Research methodology is to supply knowledge in order to generate suitable marketing plans and decisions. Determine target markets, ascertain consumer interests and preferences, evaluate the competition, and assess the success of marketing campaigns are some examples of this.
There are various formats for marketing research, including:
1. Primary research is gathering information from the target market directly using techniques like surveys, focus groups, and in-depth interviews.
2. Collecting data from sources that have already been compiled and published, such as market reports, government statistics, and industry studies, is known as secondary research.
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annual returns on argo stock over the last four years was (from the oldest) 14%, 9%, -2%, 14%, so what is the average growth rate (the geometric average)?
The average growth rate (the geometric average) of the annual returns om Argo stock over the last four years is approximately 7%
To calculate the geometric average of a series of annual returns, we need to multiply them together and then take the nth root of the product, where n is the number of years in the series.
In this case, we have four years of returns: 14%, 9%, -2%, and 14%.
To calculate the geometric average, we first convert the returns to decimal form by dividing by 100
1.14, 1.09, 0.98, 1.14
Then we multiply them together
1.14 x 1.09 x 0.98 x 1.14 = 1.3293
Finally, we take the fourth root of the product to get the geometric average
(1.3293)^(1/4) ≈ 1.07
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you are considering to buy a piece of art. you estimate that there is a 50% chance of selling it for $400,000 in 5 years, and a 50% chance of selling it for $800,000 in 8 years. your discount rate is 9%. what is the most you are willing to pay for this piece of art right now?
The most you are willing to pay for the piece of art right now is $359,174.
We need to compute the expected present value of the work of art to decide how much you are willing to pay for it right now (EPV). The EPV is the total of the present values of all probable future cash flows, computed using the discount rate.
The present value of $400,000 after 5 years is computed as follows:
PV = $400,000 / (1 + 0.09)^5 = $268,632
And the present value of the $800,000 after 8 years is as follows:
PV = $800,000 / (1 + 0.09)^8 = $449,716
Because each option has a 50% probability of occurring, the anticipated present value equals the sum of the present values:
EPV = (PV1 + PV2) / 2 = ($268,632 + $449,716) / 2 = $359,174
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utilize the following graph of the gasoline market to answer the following question: a question: suppose that initially the equilibrium price is $10 and equilibrium quantity is 20. now suppose that incomes decline. after the shift was there excess quantity demanded or excess quantity supplied?
If the lower income would reduce the quantity of the demand, but the quantity supplied would remain the same, resulting in excess quantity supplied.
What is demand and supply interaction?The interaction between demand and supply determines the market price and quantity of a good or service. When the quantity demanded is equal to the quantity supplied, the market is in a state of equilibrium, where price and quantity remain stable unless there is a change in demand or supply.
What happens if income is declined?If incomes decline, it is likely that people will buy less of a good at any given price. This means that the demand curve shifts to the left, resulting in a lower quantity demanded at the initial price of $10. If the quantity supplied remains unchanged, this will result in an excess quantity supplied (i.e. unsold goods) at the initial price of $10.
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all organizations operate within an environmental context. which dimensions are associated with the general environment? check all that apply. customers regulatory buyers economic
All organizations operate within an environmental context.C.economic dimensions are associated with the general environment.
What is general environment?The sociocultural, economic, political, and technological components make up the majority of the environment. The diversity of external elements that have an impact on an organization's performance and operation is known as the general environment, or macro-environment.
These outside factors can decide whether a company encounters market opportunities or failures.
Hence the correct option is economic here.
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suppose you can buy 885 shares of vertex pharmaceuticals incorporated (vrtx) stock on margin at $159 per share. your initial margin is 54% and you borrow at the 9 percent. you sell your vrtx shares 4 months later for $180 per share. there were no dividends paid and the prices reflect commissions paid. what is your percent return if you buy on margin?
The percent return if you buy VRTX stock on margin is 26.8%.
What was your return percentage if you buy on margin?To calculate the percent return on a margin trade, you need to consider the total amount borrowed, the interest paid on the loan, and the net profit from the trade.The initial investment is 885 * $159 = $140,915The amount borrowed is $140,915 * 54% = $76,000The interest paid on the loan after 4 months at 9% per year is $76,000 * (9/12 * 4) = $2,160The net profit from the trade is 885 * ($180 - $159) = $19,865The total return is ($19,865 + $76,000 - $2,160) / $76,000 = 26.8%Therefore, the percent return if you buy VRTX stock on margin is 26.8%.To learn more about stock refer:
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on december 15 we performed $5,000 worth of service for a customer and immediately received $5,000 in cash. what is our revenue for december if we use the accrual basis of accounting, assuming that this is the only transaction that affected both revenue and cash in december?
$5,000 is our revenue for December if we use the cash basis of accounting, assuming that this is the only transaction that affected both revenue and cash in December.
Cash basis accounting is a type of accounting that only records income and expenses when cash is exchanged. This system is easier to understand than accrual basis accounting, which records income and costs when they are earned or incurred, regardless of when money is actually transferred.
Small enterprises, sole proprietorships, and individuals are the most likely to adopt cash basis accounting. A cash basis accounting example is when a company records revenue only when it is received and expenses only when they are paid.
Revenue would not be recorded until it was received in cash (or another form of payment), and expenses would not be recorded until they were paid.
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If a comparison between average cost and price reveals whether a firm is earning profits, then a comparison between average variable cost and price reveals _____.
If a comparison of average expense and price reveals that a firm is profitable, a comparison of firm's variable cost and cost reveals if the firm is profitable if real costs are excluded from the calculation.
What is the distinction between average variable and variable cost?Total variable costs also include expenditures for a product cycle, whereas average variable costs show the amount that these variable costs sum for each tool that benefits.
How do you differentiate between variable repaired and semi-variable costs?A fixed cost is one that does not change based of the output of the production process. A variable cost, on the other hand, is one that is determined solely by the output level. A semi-variable cost thus combines this same features of a set rate and an indirect cost.
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design and names by which merchants or manufacturers designate and differentiate their products are known as
A trademark is anything that is used to separate one product from another on the market, including words, symbols, images, and phrases. When there is monopolistic competition, many merchants offer differentiated trademark—goods with minor differences but similar functionalities.
By informing buyers about the variations in their products, sellers can have some impact on price. The unique selling proposition (USP) of market business is what makes it stand out from the competition. It's a certain benefit that makes your business trademark stand out from competitors in your sector. The rule of law is a set of established laws that both the people and the government must uphold in order to provide predictability and restraint of government behaviour.
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Question:
When each person specializes in producing the good in which he or she has a comparative advantage, total production in the economy:
a. falls.
b. stays the same.
c. rises.
d. may fall, rise, or stay the same
Comparative Advantage:
Comparative advantage is the ability of one market player, usually thought of as a country, to produce a good at a lower opportunity cost than the other market player, or country. Since comparative advantage is a relationship between the production of two goods and not the efficiency on absolute terms, a country will always have a comparative advantage in relation to another country.
Each person can benefit from trade but overall economic production remains unchanged when each person focuses on creating the good in which he or she has a competitive advantage.
How does the Ricardian theory of comparative cost work?According to Ricardo, any country under consideration would not benefit from trade or specialization if there were an equal cost difference. The comparative cost ratio is the same for both nations due to an equal difference in costs.
When nations specialize in producing a certain good, what do they have a comparative advantage in?When a country can create a thing or service for less money than other producers, it has a comparative advantage in production. Specialization in the production of the goods benefits nations.
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of the segments that make a healthcare financial system work, which segment gathers evidence that an event has occurred?
Of the four segments that make a healthcare financial system work, D. The accounting system records evidence that an event has occurred.
An accounting system is a collection of accounting processes that are linked by rules and controls. An accounting system's purpose is to record company transactions, summarize those transactions into aggregated forms, and provide reports that decision makers can use to monitor, evaluate, and improve operations.
Though an accounting system can be totally paper-based, this is often encountered only in very small organizations. Accounting systems are often based on off-the-shelf accounting software, augmented by any procedures required to input data into the software.
An accounting system often covers the primary functional aspects of a corporation, such as purchasing products and services, selling goods and services, and paying personnel for salaries earned.
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Correct question:
Of the four segments that make a healthcare financial system work, which segment records evidence that an event has occurred?
A. The original records
B. The reporting system
C. The information system
D. The accounting system
D. The accounting system
are firms with a high percentage of union employees more likely to go bankrupt because of the higher wages that they pay? why or why not? is the following statement true or false? no. while some unions may cause firms to go bankrupt, other unions help firms to become more competitive. no overall pattern exists.
The statement "firms with a high percentage of union employees are more likely to go bankrupt because of the higher wages they pay" is false.
Whether a firm with a high percentage of union employees is more or less likely to go bankrupt depends on a variety of factors and is not solely determined by the wages paid to employees.
Unions can have both positive and negative effects on firms. On one hand, unions can increase labor costs and make it more difficult for firms to remain competitive, particularly in industries where labor costs are a significant part of the overall cost structure. On the other hand, unions can improve worker productivity and morale, reduce turnover, and increase the quality of products and services, which can make firms more competitive.
Additionally, the impact of unions on firms can vary depending on the specific industry and market conditions. In some cases, firms with a high percentage of unionized workers may be able to offset the costs of higher wages through increased efficiency, lower turnover, and other benefits. In other cases, the increased costs associated with unionized labor may be too great, leading to decreased competitiveness and potentially bankruptcy.
In conclusion, there is no overall pattern that exists for whether firms with a high percentage of union employees are more or less likely to go bankrupt. The relationship between unionization and bankruptcy is complex and depends on a variety of factors.
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Fuel efficenty regulations reduce the use of steel in automobile production and increase the use of lighter materials such as aluminum. Also, increased import restrictions have been imposed that limit the amount of steel that can be imported in the US. How would this affect a graph showing the market for steel in the US?
A drop in US steel supply is indicated by a left shift in the supply curve and the demand curve also shifts to the left, indicating a drop in US steel demand.
What is a demand curve?Demand in economics describes the willingness of a consumer to buy goods and services and to pay a certain price for them. The demand for a good or service usually falls as the price rises. Graphically displayed demand plan. Show how price and quantity demanded are related. Law of Demand All other things being equal, individuals will demand fewer units of a good or service if its price is higher.
Plot price and quantity data points with price on the y-axis and quantity on the x-axis. Then connect the dots. You will see the slope drop and move to the right.
Equilibrium(E) refers to the situation where quantity(Q) demanded equals quantity(Q) supplied. The demand(DD) & supply(SS) curve intersect at equilibrium(E).
In the given diagram we can see that DD is the initial demand(DD) curve & SS is the initial supply curve. E is the equilibrium. As the availability of substitutes increases the demand(DD) decreases & the curve shift Equilibrium(E) refers to the situation where quantity(Q) demanded equals quantity(Q) supplied. The demand(DD) & supply(SS) curve intersect at equilibrium(E).
In the above diagram we can see that DD is the initial demand(DD) curve & SS is the initial supply curve. E is the equilibrium. As the availability of substitutes increases the demand(DD) decreases & the curve shifts backward to DD1. The import restrictions lead to a decrease in supply(SS) & the curve shifts leftward to SS1. The new equilibrium is E1.ts backward to DD1. The import restrictions lead to a decrease in supply(SS) & the curve shifts leftward to SS1. The new equilibrium is E1.
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Buying a house can be described as which of these? A.) Low-involvement decision B.) Reactive decision C.) Programmed decision D.) Nonprogrammed decision
Option D is Correct. The decision to purchase a home can be characterized as non-programmed. Adopting new technology, acquiring another company, and enhancing brand image are a few instances of non-programmed.
A nonprogrammed decision is one that does not adhere to a predetermined process, and the criteria for such decisions are not clearly stated. The information on which a decision is based is typically vague or partial, which are the main features of an unprogrammed decision.
In order for us to make effective decisions when faced with non-programmed choices, our reflecting mechanism in our brains will typically need to be engaged. Heuristics, however, can enable decision-makers to switch to the rapid, reactive system when making programmed judgments, allowing them to quickly move on to other problems.
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when milk prices increased in 2008, one milk consumer stated that the reason he cut down on milk consumption is so that he could drive his car. this action represents a: a. shift of the supply curve for milk. b. movement along the demand curve for milk. c. shift of the demand curve for milk. d. movement along the supply curve for milk.
When milk prices increased in 2008, a milk consumer stated that he reduced his milk consumption in order to afford to drive his car. This action represents a shift in the demand curve for milk.
A shift of the demand curve occurs when there is a change in the quantity demanded of a good or service caused by a change in one of the demand determinants, such as price, income, tastes, and expectations. In this case, the increase in milk prices led to a reduction in the quantity demanded milk as the consumer shifted his spending to another item, such as gasoline for his car.
A movement along the demand curve, on the other hand, occurs when there is a change in price but no change in the underlying demand determinants. In this scenario, the consumer would purchase less milk as the price increases but his underlying demand for milk would remain unchanged. This can be seen as a decrease in the quantity demanded milk along a fixed demand curve.
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what value would be returned on the formula in cell d49?
It should be noted that the value that would be returned would be 1. This is based on the information provided.
Simply being able to count the cells that would fit certain criteria is the goal of a COUNTIFS function. The number of times the criteria are satisfied in this situation would be the value that is returned.
=COUNTIFS is the function (range1, criteria1, range2, criteria2, . . . )
The first range and its criteria, the second range, etc. will therefore be evaluated. As a result, since the criteria are satisfied just once, the value returned would be 1.
The only objective of a COUNTIFS function is to count the number of cells that would match a given set of criteria. The value returned in this case would depend on how frequently the criteria are met.
The function has the name =COUNTIFS (range1, criteria1, range2, criteria2, . . . )
As a result, it will evaluate the first range and its requirements, the second range, etc. The value returned would be 1, since the criteria are only matched once.
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how would each of the following transactions affect the gdp of the united states? a. the u.s. government pays $1 billion in salaries for government workers. gdp will (click to select) . b. the u.s. government pays $1 billion to social security recipients. gdp will (click to select) . c. the u.s. government pays a u.s. firm $1 billion for newly produced airplane parts. gdp will (click to select) . d. the u.s. government pays $1 billion in interest to holders of u.s. government bonds. gdp will (click to select) . e. the u.s. government pays $1 billion to saudi arabia for crude oil to add to u.s. government-owned oil reserves.
GDP was the total market value of all the products produced inside a country's borders over a certain time period.
a. An increase of $1 billion in GDP.
Government employee salaries are a direct government purchase of services and are included in GDP.
b. Transfer payments to recipients of Social Security are not included in GDP.
Despite being spent by individuals, they will still be included in the government's budget as "Personal consumption expenditure."
c. Increase GDP by $1 billion as government consumption now includes the purchase of airplane parts.
d. Not included in the GDP, as In contrast to net business interest, which is often for a loan used to buy capital equipment and is recognized as part of GDP because it is tied to production, interest paid on government bonds is not included in GDP because it is typically not for a loan used to purchase capital equipment.
e. No effect, as A $1 billion payment to Saudi Arabia for crude oil to increase reserves qualifies as government consumption and would increase GDP, but it would also be deducted as imports, so overall GDP remains unchanged.
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which of the following statements is correct? answer unselected accounts payable increases with a credit entry. unselected salaries payable increases with a debit entry. unselected salaries payable decreases with a credit entry. unselected accounts payable increases with a debit entry.
The correct statement is: unselected accounts payable increases with a credit entry.
In accounting, credit entries increase accounts on the right side of the balance sheet, which are called liability and equity accounts. Accounts payable, which represents the amount owed to suppliers for goods or services purchased on credit, is a liability account. Therefore, when a credit entry is made to accounts payable, it means that the company has acquired more liabilities and the amount owed to suppliers has increased.
Finally, a credit entry decreases liability accounts and an increase in liability accounts is shown as a debit.
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how will each of the following changes affect the equilibrium price and quantity in the market for ham? use a graph to determine your answer. 1. an increase in the price of eggs (if people eat ham and eggs together). 2. an increase in the price of pig feed. 3. a simultaneous increase in the price of pig feed and eggs.
With the help of supply and demand analysis, the effects of each of these changes on the ham market may be determined. a rise in the cost of eggs, a rise in the cost of pig food, a rise in egg and pig feed prices at the same time.
A market is a gathering place for buyers and sellers to exchange goods and services at a price that is mutually acceptable. A grocery shop is an example of a physical market. A virtual market is an online marketplace. The dynamics of supply and demand determine the market price for a certain commodity or service. The price will decrease and vice versa when the supply of an item or service outweighs the demand. Markets are essential to how resources are distributed and how commodities and services are distributed in an economy.
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organizations face three kinds of specific buying situations. they are new buy, straight rebuy, and modified rebuy. collectively, these situations are called:
There are three different business categories of buying circumstances: the direct rebuy, the modified rebuy, and the new task. The straight rebuy scenario is the simplest:
The business just orders the same product or service again. The straight rebuy, the modified rebuy, and the new task are examples of common buying scenarios. The straight rebuy scenario is the simplest: the company simply orders the same product or service again. When brand distinctions are minimal and consumer involvement is limited, habitual purchasing behaviour develops. In this circumstance, customers frequently choose a brand because they are familiar to it rather than because they have a strong opinion about it.
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tirri corporation has provided the following information: cost per unit cost per period direct materials $ 6.85 direct labor $ 3.90 variable manufacturing overhead $ 1.25 fixed manufacturing overhead $ 22,500 sales commissions $ 1.00 variable administrative expense $ 0.55 fixed selling and administrative expense $ 7,500 if the selling price is $26.20 per unit, the contribution margin per unit sold is closest to: group of answer choices $6.65 $9.70 $12.65 $15.45
If tirri corporation has provided the following information: cost per unit cost per period direct materials $ 6.85. the contribution margin per unit sold is closest to: C. $12.65.
How to find the contribution margin?Selling price per unit $ 26.20
Direct materials $ 6.85
Direct labor 3.90
Variable manufacturing overhead 1.25
Sales commissions 1.00
Variable administrative expense 0.55
Variable cost per unit sold 13.55
Contribution margin per unit $12.65
($26.20 - $13.55)
Therefore the correct option is C.
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which of the following is a way to relax a constraint or bottleneck?multiple choicehave employees work overtime.install faster machinery.train workers to improve productivity.all of these choices are correct.
Employees work overtime, Install faster machinery, Train workers to improve productivity All of these choice are correct.
These options are all viable possibilities. All of these involve removing a restriction or production process bottleneck.
By enabling extended hours of operation, making staff work overtime can enhance the capacity of a bottleneck.By allowing for higher production in the same length of time, installing quicker equipment can also boost a bottleneck's capacity.By boosting a bottleneck's productivity and output, employee productivity training may help ease a limitation.Before selecting a choice, it's crucial to weigh the affordability and viability of each alternative because some may have long-term effects or not be practical in specific circumstances.
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the economic model of consumer behavior predicts that consumers will choose to buy the combination of goods and services that makes them as well off as possible from among all the combinations that their budgets allow them to buy. a. true b. false
True. The economic model of consumer behavior suggests that consumers will select the combination of goods and services that maximizes their utility or satisfaction given their budget constraints.
What is economic model?An economic model is a theoretical framework used to analyze and explain economic behavior. It typically consists of mathematical equations and graphical representations of economic relationships. Economic models are used to describe the interactions of economic agents, to explain historical economic phenomena, and to forecast economic trends and outcomes. They are also used to test the implications of different economic policies and to evaluate the efficacy of different economic solutions. Economic models are generally based on assumptions about human behavior, economic incentives, and the structure of the economy.
In other words, consumers will make purchases based on the combination of goods and services that makes them as well off as possible within their budget.
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The slope of a budget constraint line is influenced by:a. the tastes and preferences of the decision-maker.b. none of the abovec. how much one item costs compared to the cost of the other item.d. how effectively one more of each of the two competing goods satisfies wants.
The slope of such a budget line line is effected by the proportion of a price of just one great to the price of another.
C is the correct answer.
What factors influence the curve of a budget line line?The relative price of the options determines the curve of the budget constraint. Choices outside of the budget are unaffordable. The cost of opportunity is measured by how much is given in exchange.
How steep is the initial budget line?The cliff face of the total budget is the price ratio of good 1 as well as good 2. This would imply dividing the price of goods on the x axis by the price of goods on the y axis.
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tamara is the sales representative of a pharmaceutical company. when making sales calls, she uses ingratiation techniques to make the prospects feel good about themselves. by this, tamara is appealing to the prospects' . a. self-control b. social affect c. self-concern d. social cognition
The ingratiation technique to appeal to prospects used here is "social affect."
What are ingratiation techniques ?Ingratiation techniques are strategies used to gain favour or make a positive impression on others. In the context of sales and marketing, these techniques can be used to appeal to the social affect of prospects or customers.
Examples of ingratiation techniques include:
Flattery: Complimenting the other person or their abilities.
Conformity: Agreeing with the other person's opinions and preferences.
Supplication: Expressing a need for the other person's help or support.
Association: Making a connection between the product or service being offered and a positive experience or well-known person.
Self-disclosure: Sharing personal information in order to build rapport and increase trust.
Ingratiation techniques are often used in sales, customer service, and other customer-facing roles in order to build trust and positive relationships with prospects and customers.
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