The true statement about specialty products is D. They are <u>distributed to only a few outlets</u> in a geographic area.
<h3>What is a specialty product?</h3>
A specialty product is a consumer good available at limited retail locations. It implies that there is a limited supply of specialty products.
Specialty goods are mostly high-end and high-priced goods. They are not frequently purchased by consumers.
Thus, the true statement about specialty products is D. They are <u>distributed to only a few outlets</u> in a geographic area.
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Answer:
Central
Explanation:
If a television commercial for a new car carefully analyzes the car's features and price, relative to other available models. The advertiser is attempting to follow the central route to persuasion.
A central route to persuasion can be defined as the thoughtful consideration of an arguments, either content or ideas in a message.
In this scenario, the television company in its commercials used facts and data (car features and price) to actively convince potential customers of the car's worthiness relative to other available models. Therefore, the argument here is strong and is focused on the quality of the car.
The break-even for your food truck business is $37,500.
Breakeven quantity are the number of units produced and sold at which net income is zero
Breakeven quantity = fixed cost / price – variable cost per unit
Fixed cost is the cost that does not change with the unit of output. It remains constant regardless of the units of output produced.
Fixed cost of the business = $100,000 + $50,000 = $150,000
Variable cost is cost that varies with the units of output produced. Example are wages and cost of raw materials.
Variable cost of the business = $6.
Break-even = $150,000 / ($10 - $6) = 37,500
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Answer:
$725000
Explanation:
The break-even point is the point at which the firms total expenses is equal to its total revenue and it neither makes a profit nor a loss. At any point before this, the firm makes a loss and at any point after this, the firm is making a profit. This is because, it has got to a point where after the unit variable costs are covered from the revenue, there is enough to cover fixed costs as well because the firm’s fixed costs are now being spread over a greater number of units.
The break-even point is calculated as:
Fixed costs / (Selling price per unit - variable cost per unit)
Hence, in this case : $253750 / ($100 - $65) = 7250 units.
In dollars, this would be...
Revenue : 7250 x $100 = $725000
Expenses : $253750 + ($65 x 7250) = $725000
Depends are we talking capitalism, or socialism.
In capitalism there is no government intervention in the Economy, no laws, nothing.
In socialism, the government controls all of the economy, Tarriffs, Hours, etc.
So the government is supposed to play the middleman to help the people, but also the businesses, as such the united states had introduced less work hours, to help increase the productivity of the workers, which did indeed work.
