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Blababa [14]
1 year ago
8

The product market is the place where _______. Multiple choice question. businesses sell resources and households buy resources

businesses sell resources and households sell goods and services businesses sell goods and services and households buy goods and services businesses sell resources and households buy goods and services
Business
1 answer:
Vadim26 [7]1 year ago
3 0

The product market refers to the place where: C. businesses sell goods and services and households buy goods and services.

<h3>What is a product market?</h3>

A product market can be defined as any place where business firms (organizations) make their goods and services available for purchase by households (consumers).

This ultimately implies that, a product market refers to the place where various business firms sell their goods and services and households buy these goods and services.

Read more on products here: brainly.com/question/14308690

#SPJ1

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The manufacturing overhead budget at Polich Corporation is based on budgeted direct labor-hours. The direct labor budget indicat
just olya [345]

Answer:

Predetermined manufacturing overhead rate= $22.2 per direct labor hour

Explanation:

Giving the following information:

Fixed manufacturing overhead= $127,840 per month

Estimated direct labor hours= 9,400

The variable overhead rate is $8.60 per direct labor hour

<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= (127,840 / 9,400) + 8.6

Predetermined manufacturing overhead rate= $22.2 per direct labor hour

7 0
2 years ago
In February of the current year, Paul and Jean, a married couple, cashed a qualified Series EE savings bond they bought in Novem
Sergeeva-Olga [200]

Answer:

Explanation:

Calculation of amount of interest income Paul and Jean can exclude =I \frac{E}{P+I}

where I = interest received, E = educational expenses, P = principle.

Proceeds received                                 $7,132  

Principle                                                         $5,000  

Interest                                                         $2,132  

Qualified Higher Educational expenses $4,000

=2132*(4000/(5000+2132))= $1,195.74  

Answer is 1,195.74 exclusion

4 0
2 years ago
Terry Washington recently started a new firm in the financial services industry. Prior to starting his firm, he spent considerab
Mekhanik [1.2K]

Answer:

Industrial Analysis.

Explanation:

Terry Washington recently started a new firm in the financial services industry. Prior to starting his firm, he spent considerable time doing research on the profit potential of the industry. The research that Terry was doing is called <u>Industrial </u>analysis.

Industrial Analysis: It is an analysis or function conducted by the owner of business to understand the dynamics and workflow of any specific industry. It help to know the industrial environment to gain the competitve advantage and potential of the business in the industry. Later on the basis of Industrial analysis, SWOT analysis is conducted to know Strength, weakness, opportunity and threats of a company.

5 0
2 years ago
Because of a chronic water shortage in California, new athletic fields must use artificial turf or xeriscape landscaping. If the
Colt1911 [192]

Answer: <em><u>Developers can spend $55316.9</u></em>

Explanation:

EAR =[e^{Annual percentage rate} -1]\times 100

Effective Annual Rate=(e^{(9/100)} -1)\times 100

Effective Annual Rate% = 9.42

PV_{Ordinary Annuity} = C\times [\frac{(1-(1+\frac{i}{100} )^{-n} )}{(i/100)} ]

where;

C = Cash flow per period

i = interest rate

n = number of payments

PV = 3500\times [\frac{(1-(1+\frac{9.42}{400} )^{-5\times 4} )}{(9.42/400)} ]

PV =  $55316.9

7 0
3 years ago
When __________ advertisers seek to determine the cost of advertising needed to achieve the desired objectives.
Katarina [22]

Answer:

determining the advertising budget                              

Explanation:

An advertising budget refers to the estimate of the advertising spending of a corporation over a specified period of time frame. More crucially, it is the cash a firm is capable of setting aside to achieve its advertising goals. In developing a marketing budget, a corporation should evaluate the importance of investing a dollar in ads against such a currency's value as known revenues.

The advertising budget is a part of the general revenue or market presence of a business that can be seen as the investment in the development of a product. The greatest marketing outlays — and initiatives — concentrate on the desires of consumers and solve their issues, not corporate problems like overstock cuts.

7 0
2 years ago
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