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2 years ago

Categorize each scenario as describing a movement along a demand curve or a shift of the demand curve.

Business

1 answer:

Romashka-Z-Leto [24]2 years ago

8 0

a. College students reduce how much detergent they use for each load of laundry in response to higher detergent prices.

(demand curve)

b. College students rush and buy discount furniture to take advantage of an unexpected price drop.

(Shift of a demand curve)

c. College students purchase many more energy drinks during finals week than during the rest of the semester.

(Demand curve)

d. Students eat out more often as the federal government increases how much grant money it provides students.

(Shift or a demand curve)

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When riley comes to the united states to take a job, he is surprised that his co workers conduct business lunches with their cli

xxTIMURxx [149]

Riley like comes from a high-text culture. High-context cultures rely heavily on implicit and heavy context when conducting business. Implicit communication are comments that are hinted to someone or about something but do not directly imply what they are meaning. There is no fun and play in business and business is taken seriously when in an office setting only.

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2 years ago

When Daniel was hired to work for Bush Refrigeration Company, he was told, "The sales training program is 18 weeks, and we'll pa

Alinara [238K]

Answer:

Straight salary compensation plan

Explanation:

The correct answer is Straight salary compensation plan because here Bush company of Refrigeration has placed Daniel on a straight salary compensation plan
As the Straight Pay Compensation Scheme is a form of payment that a company hires at a certain point in time that does not affect employee performance.

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3 years ago

1) Companies must consider four special service characteristics when designing service marketing programs. Discuss a recent serv

tia_tia [17]

Answer: Intangibility, inseparability, variability, and perishability

Explanation:

What makes your business stand out is what you do differently from the rest. In the business world, virtually everyone is doing the same thing, and at the end of the day fight over same customers, but have a unique selling point helps your business stand out. This unique selling poi t is what drives your marketing strategy, which should be Intangibility, inseparability, variability, and perishability. Your unique selling point is made very loud in your message, telling people why they need to use you. An example is Coca-Cola, they've been in the market for a long while, selling their business and creating that message in people's mind that they are exceptional.

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3 years ago

On December 30, Year 3, Ames Co. leased equipment under a finance lease for 10 years. It contracted to pay $40,000 annual rent o

liraira [26]

Answer:

Ames should reduce the lease liability by $17,000

Explanation:

There are two components of lease payment:

Interest expense
Amount paid against lease obligation.

Annual Lease = $40,000

Carrying amount at the beginning of the period = ( $270,000 – $40,000 ) = $230,000

Interest is calculated by multiplying the carrying amount with annual interest rate.

Interest expense = $230,000 x 10% = $23,000

Reduction in liability is the net of Lease payment and Interest expense for the period.

Reduction in lease liability = $40,000 - $23,000 = $17,000

6 0

3 years ago

Pix Company has the following production data for March: no beginning work in process, units started and completed 30,500, and e

MrMuchimi

Answer:

Summary of costs to be accounted for

Costs to be accounted for: Materials Conversion Total

Beginning WIP 0 0 0

Costs incurred in the period $142,800 $390,960 $533,760

Total costs to be accounted for $142,800 $390,960 $533,760

Calculation of cost per equivalent unit

Materials Conversion Total

Total costs to be accounted for $142,800 $390,960 $533,760

Total equivalent units 35,700 32,580

Cost per equivalent unit $4 $12 $16

Cost allocation

Materials Conversion Total

Units finished and transferred $122,000 $366,000 $488,000

Ending WIP $20,800 $24,960 $45,760

Total costs to be accounted for $142,800 $390,960 $533,760

Explanation:

beginning WIP 0 units

units started and completed 30,500

ending WIP 5,200

100% complete for materials

40% complete for conversion costs (2,080 EU)

total EU:

materials 35,700

conversion 32,580

total costs:

materials 35,700 x $4 = $142,800

conversion 32,580 x $12 = $390,960

total = $533,760

4 0

3 years ago