The answer to this answer is B.lower spending
Lower spending means that the government used less money to be allocated into the government programs (such as welfares, infrastructure, etc)
By doing this, the government will have larger chunk of the budget at the end of the fiscal year, which cause a budget surplus for the governemnt
Answer:
33.33%
Explanation:
Unemployment rate is the proportion of the labour force without a job
Unemployment rate = (number of unemployed workers / total labour force ) x 100
25 /75 x 100 = 33.33%
Answer:
1. b. Competitive
2. a. It should provide superior value in terms of lower price, and/or convenience, and accessibility
Explanation:
The competitive pricing is marketing strategy in which a product price is set after careful consideration of competitor's price. The pricing of a product is determined based on competitor's product price. The Carmax product moisture plus should follow competitive pricing strategy as the market is not in the mature stage.
The Carmax should offer lower price and create high value to the consumers. Carmax can gain competitive advantage by economies of scale and some unique features.
Answer:
$30,870
Explanation:
Sales per unit: 67,200/3,200 = 21
variable expenses per unit : 38,976/3200 = 12.18
.......................
Sales 3500 unit: 21*3500 = 73,500
Variable expenses 3500 units : 12.18*3500 = 42,630
Contribution margin = Sales-Variable expenses = 73,500-42,630
=$30,870
