How do the courts make law?

Share an example from your life where you had to make a choice knowing that you are giving up opportunities for doing or gaining

Alik [6]

Explanation:

I would have to give up my dream of getting an economics degree because I felt that an economics degree would give me a more stable future. My parents always believed that, after finishing my education, I should pursue my acting career.

I'd make another choice, since I'm happy with my job now. If I choose to perform, I should have struggled a lot.

Consumers C make decisions because each action has a risk cost. You can't do two things at the same time and must choose one.

Individual producers / nations must choose what they are to produce, how they are to produce and how much they are to produce, as their resources are limited and their alternatives are being applied.

7 0

3 years ago

Cupid Co. manufactures dog toys. One of its most popular products, Bacon Ben, has the following costs to produce 1,000 units: $9

Gennadij [26K]

Answer:

3,520= direct labor

Explanation:

Giving the following information:

Bacon Ben, has the following costs to produce 1,000 units:

$9,600 direct materials

$1,920 in advertising costs

$960 plant manager salary

$640 salaries for factory maintenance

To calculate the direct labor cost we need to use the following formula:

Total manufactured cost= direct materials + direct labor + allocated manufacturing overhead

Total manufactured cost= 1,000*14.72= $14,720

Direct material=9,600

Overhead= plant manager salary + salaries for factory maintenance

Overhead= 960 + 640= 1,600

14,720= 9,600 + direct labor + 1,600

3,520= direct labor

8 0

3 years ago

refer to scenario 12.3. given ray-ban's plan for positioning the new sunglass line, they should use a ____ strategy when introd

bogdanovich [222]

Suppose that Ray-Ban is considering a new line of sunglasses that would be sold in major department stores. The new line would be positioned as a more distinctive brand than the typical glasses sold through department stores, and would be priced higher than other brands in the store, but a lower price line than the current Ray-Ban lines that are sold through more selective stores. In determining the price for this sunglass line, Ray-Ban wants to gather information about all brands sold in department stores and about customers' perceptions of those brands.

Given Ray-Ban's plan for positioning the new sunglass line, they should use a price skimming strategy when introducing their new product.

Price skimming is a pricing strategy in which a marketer sets a relatively high initial price for a product or service at first, then lowers the price over time. It is a temporal version of price discrimination/yield management.

5 0

3 years ago

For most people, the purchase of a Ford automobile would employ which type of consumer decision making? a.Generic decision makin

sashaice [31]

Answer:

1. B

2. E

Explanation:

1. Consumer or buyers use the extended decision making as it is that decision making which involves high level of the purchase involvement, extensive internal and the extensive information search with complex evaluation of the alternatives. In case of automobiles, buyers will choose the extended decision making as it is expensive, infrequently purchased products.

2. As there is involvement of high risk of financial loss in the future purchasing power, for people or consumer, the automobiles have the situational involvement, it is the short term state which directs towards the attaching relevance of a situation or person. In other words, it is an state where, it establish a level of involvement when a consumer or person think of a specific situation or object.

8 0

3 years ago

David ricardo believed that:

inessss [21]

Trade will benefit countries when it generates gold and silver for the national treasury.

5 0

3 years ago