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Stella [2.4K]
1 year ago
14

the expenses of advertising merchandise, making sales, and delivering goods to customers are known as:

Business
1 answer:
zaharov [31]1 year ago
3 0

The expenses of advertising merchandise, making sales, and delivering goods to customers are known as: selling expenses

<h3>What are selling expenses?</h3>

The expenditures incurred in distributing, marketing, and selling a good or service are referred to as selling expenses.

Selling expenses are one of three categories of costs that make up a business operating expenses. Administration and general expenses make up the other two.

Selling costs may consist of:

  • Costs related to logistics, shipping, and insurance for distribution
  • spending on social media, website upkeep, and other marketing-related expenses
  • Selling expenses like salaries, commissions, and personal expenditures

Since selling expenses are not directly related to producing a good or providing a service, they are listed as indirect expenses on a company's income statement.

Learn more about selling expenses at:

brainly.com/question/28275593

#SPJ1

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Answer:

a. positive, so Joan considers hamburger to be an inferior good.

Explanation:

Income elasticity is a microeconomic concept that aims to measure the sensitivity of demand in the face of income changes. To calculate the Income elasticity , a formula is used that divides the observed percentage change in quantity (Q) by the percentage change in price income (P): Elasticity = ▲ Q / ▲ P

The percentage change in quantity (▲ Q) and the percentage change in price (▲ P) are calculated by the difference in quantity / price in the two periods divided by the quantity / price of the first period.

▲ Q = (60 -50/60) = 0,16

▲ Q = (40.000 - 30.000/40.000) = 0,25

Elasticity = ▲ Q / ▲ P  = 0,16/0,25 = 0,64

Therefore, the elasticity is positive.

This good is considered inferior, because according to microeconomic theory, inferior goods are those whose demand increases when consumer income decreases. This is the opposite of the normal good, which has its demand increased when income increases.

8 0
2 years ago
If trade between nations is prohibited, a. nations will be unable to specialize in what they are good at and therefore end up co
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Answer:

a. nations will be unable to specialize in what they are good at and therefore end up consuming less

Explanation:

There is no country that can produce all goods and services efficiently (at the least cost ). It is for this reason that trade between countries becomes necessary. Trade between countries gives countries the opportunity to concentrate on the production of goods in which it is efficient in production and purchase goods for which it produces at higher costs.

If trade between nations is prohibited, countries would have to produce goods that they are both efficient and ijefficient in their production, resources would be wasted, specialisation in the production of goods would not occur and consumption would fall.

I hope my answer helps you

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3 years ago
Carlos does a good job of keeping track of his understanding of the material he is reading, and if he gets confused, he always r
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Comprehension monitoring

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This example suggests that Carlos has good Comprehension monitoring skills

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Answer: See explanation

Explanation:

We should note that microeconomics deal with a particular sector in the economy and not the whole sector. Macroeconomic deals with the whole economy and looks at ways by which the decisions of government have an effect on the whole economy.

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• The effect of government regulation on a monopolist's production decisions= Microeconomics

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