Answer:
One small opportunity costs
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Answer:
D. $18
Explanation:
According to the Fair Labour Standardz Act (FLSA) concerning overtime, employees must receive overtime pay for hours worked over 40 per workweek (any fixed and regularly recurring period of 168 hours – seven consecutive 24-hour periods) at a rate not less than one and one-half times the regular rate of pay.
This means that an employee paid at $12 dollars hourly, during overtime would now receive
$ () + $ (-)
= $
, $.
It's important to note that there is no limit on the number of hours employees 16 years or older may work in any workweek.
The stage in the product life cycle of the Instant Pot would be "growth stage".
<h3>Stages in product life cycle:</h3>
There are four stages in the life cycle of a product in the market which are-
- Take-off stage or introduction,
- Growth stage or shake-out stage,
- Maturity stage and
- Decline.
The characteristics of Growth stage are-
- Increasing sales, customers and profit.
- Greater competition from fellow companies. As rival companies release similar products, the competition is frequently strong during the growth period.
- The product will move into the growth stage if it maintains its success and continues to satisfy market demands.
- Price undercutting in the growth stage is typically uncommon because businesses in this stage can boost revenue by luring in new clients.
The said product can be confirmed to be in the growth stage because it exhibits higher growth in demand by social media marketing. Also, it shows there was a rise in the rival companies Ninja and Crock-pot pressure cookers.
Learn more about product life cycle, here
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<span>Known liabilities of estimated amounts are: Reported on balance sheet
In accounting, balance sheet represents an overview of total assets, liability, and owner's equity within a financial period.
A number of Assets that written on the balance sheet should be equivalent to the amount of Liabilities + Owner's equity</span>