Answer:
A. the economy is producing at less than its potential output and has some cyclical unemployment.
Explanation:
Increase in government spending will increase domestic income, only if economy is producing at less than its potential output.
Increase in federal government spending raises the level of 'govt expenditure' in Aggregate Demand. This creates 'Excess Demand' (AD > AS). However, if the economy is at full employment level, i.e all the resources are already best efficiently utilised as per their production potential. Then, the economy can't increase its domestic income more than its full employment (full potential) level. So : Increase in government spending in full employment case, wont increase total production/ income/ employment further ; as the economy is already at full employment & can't increase economic activity beyond that.
Answer:
15,000 units
Explanation:
Calculation for the equivalent units of production using the weighted average method
Using this formula
Equivalent units of production=
Units completed+Ending work in process inventory
Let plug in the formula
Equivalent units of production=10,000+(10,000×50%)
Equivalent units of production=10,000+5,000
Equivalent units of production=15,000 units
Therefore the equivalent units of production will be 15,000 units
Answer:
Gross profit= 131,500
Explanation:
Giving the following information:
Last quarter, RP Enterprises earned $220,000 in sales revenue and had $90,000 cost of goods sold (at standard). RP also experienced these variances: Materials price: $2,400 F Materials quantity: $1,400 U Labor price: $2,000 U Labor quantity: $1,000 F Overhead: $1,500 F
To calculate the cost of goods sold, we use actaul costs and quantity of direct labor and direct materials. Therefore, the only estimated cost is overhead.
Gross profit= 220,000 - 90,000 + 1,500= 131,500
Answer: (B) Positioning
Explanation:
The positioning is the term which basically maintain and also established the main image of the product and brands in the market.
It basically helps in creating the distinct place in the consumer minds and it is one of the important element in the marketing strategy.
According to the given question, the positioning is one of the variable in the marketing that basically target the customers for understand the organization main objective about the product.
Therefore, Option (B) is correct answer.
Answer:
3. Distribution
Explanation:
Distribution refers to making a product available to customers for purchase by transferring it from the source of manufacture to the retailers. Distribution is one of the essential components of marketing mix.
Channels to distribution are whole sellers, retailers, brokers and middlemen, and direct sales. Distribution entails all activities relating to supply of finished products to customers.
In the given case, Leon's work involves transportation of metal components as well as efficient movement of the finished systems from manufacturing unit to the warehouses and subsequently to distribution trucks. These represent activities of distribution.
