Answer:
The correct answer is option (b) 44,000
Explanation:
Solution
Given that:
From the question given, the first step to take is to find out how many square feet would the Building Maintenance cost be allocated
Now,
The Square feet over which Building Maintenance cost would be allocated is stated as follows:
The Square feet over which Building Maintenance cost would be allocated = Square Footage of Machining + Square Footage of Assembly = 18000 + 26000
Thus,
=18000 + 26000 = 44,000
Answer and Explanation:
The red and the convertible cars would be considered similar i.e. they are perfect substitutes also the car and the convertible car would be the substitutes but it is not a perfect as the convertible car would be the subset of the car group plus the expenditure made on the convertible car would be high so here the elasticity is more
During the sales era of marketing.
Marketing is one of the major utilitarian regions of a business firm. The advancement of promoting incorporates a few periods including the straightforward exchange time, the creation time, the business time, the advertising division time, the showcasing organization time, and the relationship showcasing time.
The sales era is the time in history from 1920 to the mid-1950s, in which makers understood that the imaginative generation contraption made tremendous excess, so they expected to discover approaches to allure purchasers or to keep creation in accordance with the request.
Answer:
Impulse Buying
Explanation:
She isn't thinking about the long term effects of her purchase, like the repayments, but is instead thinking about her short term gain.
Answer:
Income elasticity = 2
Normal good
Explanation:
Below is the given values:
Percentage decrease in consumers income = 10%
Percentage decrease in quantity demanded = 20%
Use the below formula to find the income elasticity:
Income elasticity = % change in quantity demanded / % in income
Income elasticity = -20/-10
Income elasticity = 2
Since the elasticity is 2 that means good is normal good.
