Answer: Strivers
Explanation:
The term that refers to people who are trendy and fashionable in order to impress others and are often impulse buyers is Strivers.
It should be noted that Strivers are usually consumers that are from low income families but they so much believe in style and fashion and really wants to impress and emulate celebrities or high income earners who use lastest trends or fashion.
Answer:
The first two solutions are attached in the excel document.
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation:
Solution 3:
Amount at which purchase on February 1 be recorded if the net method were used = $9,100*90%*97% = $7,944
Answer:
market outcome is inefficient
Explanation:
This means that the market outcome is inefficient.
Since people usually exploit gains for the trade.
These are principles of individuals, The above statement further means market failure and individual pursuit self interest found in the market make the society worse off.
Answer:
Ending inventory = $227
Cost of good sold = $1,333
Explanation:
Note: The data in the question are merged together and they are first sored before answering the question as follows:
Date Transaction Number of Units Unit Cost Total Cost
Jan. 1 Beginning inventory 20 $55 $1,100
Sep. 8 Purchase <u>10 26 260 </u>
Total <u>30 $1,360</u>
The explanation to the answers are now as follows:
Weighted cost per unit = $1,360/30 = $45.3333
Ending inventory = (30 - 25) * $45.3333 = $227
Cost of good sold = 25 * $45.3333 = $1,333
Answer:
<u>A. actually reduces the percentage of union membership.</u>
Explanation:
Remember, the term <em>privatizaton </em>simply refers to a transfer of ownership of public sectors like an energy company owned by the government to private individuals.
We can say this because Public sector jobs are often seen as less profit-oriented, but as welfare focused jobs. Thus, in most economies when privatization occurs, management tends to reduce the percentage of union membership by employing certain tactics.