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MAXImum [283]
3 years ago
11

Ruben Delgado was making wooden pens and pencils, which had unique engravings, as a hobby until Simon Yoder recognized Ruben's t

alent. Simon immediately ordered 250 pens and pencils of various styles to be displayed in his shop's showcase. Within three months, the wooden pencils were a hit with all students! Ruben Delgado had never thought of marketing his talent, but Simon's enthusiasm and the recent sales were enough to change his mind. With limited resources, Ruben contacted three additional specialty shops within 100 miles that were situated near schools. He explained his manufacturing processes and engraving options to each. All three shop owners placed a trial order. Within two months, just prior to the holiday season, each shop owner placed an additional order. Ruben was ecstatic! "I figured business would slow down after that," Ruben stated, "but in February I was contacted by Elmore Distributors. At that point, I had to make a huge decision about how far I wanted to go with this business." Elmore Distributors provides products for school fundraisers in a seven-state area. Ruben was offered a two-year contract and immediate inclusion in Elmore’s promotional flyer. Ruben Delgado accepted the offer and, along with it, the responsibility to produce thousands of wooden pens and pencils. "I had to get a grip on the magnitude of this project," Ruben added. He decided to place his major focus on the large contract with Elmore. However, to avoid placing his total emphasis with one customer, Ruben continued nurturing his four previously established accounts without targeting any additional customers. "At this point, I had set up an assembly line in a rented building," Ruben explained. "I had to hire three full-time employees to work the line while I managed the customer orders and purchased materials." Ruben paused, "But I can’t take the Elmore project for granted. It might not always be there. I’ll have to have a good alternate plan if that day comes." In the scenario, Ruben has segmented his market based on ________. A) geography B) benefits sought C) occasion D) degree of loyalty E) demographics
Business
2 answers:
DedPeter [7]3 years ago
8 0

Answer: the answer is E) Demographics

Explanation:

shusha [124]3 years ago
5 0

Answer:

E demographics

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According to​ economists, an efficient tax is one that A. maximizes tax revenue for government. B. is relatively easy to collect
k0ka [10]

Answer:

The correct answer is D. imposes a small deadweight loss relative to the tax revenue it raises.

Explanation:

By not discouraging the activity, it is understood that taxes should not distort the economic decisions of the individuals subject to taxation. In the theory of Public Finance the inefficiency of taxation can be analyzed through the so-called "excess tax", as a quantification of the loss of utility generated by a distorting tax. The excess of tax arises because the loss of total welfare generated by the tax on the individual with the modification in their behavior, is greater than the mere loss of welfare caused by the decrease in disposable income that comes with the payment of the tax. The value of excess tax that is generated by the substitution effect is greater the higher the tax rate and elasticity (Musgrave, 1986). Therefore, the relationship of exchange between efficiency and equity is not so simple for governments when designing their fiscal policy.

6 0
4 years ago
Factors leading to the slow growth of demand in embryonic industries include all of the following except the
wolverine [178]

Answer:

C) lack of venture capital for innovative products.

Explanation:

Embryonic industries are such industries that are at the beginning stage in their life-cycle. More specifically, newly established ventures are called the embryonic industry or firm.

Options A, B, D, and E all are wrong because a new firm may not produce high qualified first products. It may not have the right complementary products, the production cost may be higher than expected, and finally, there are a few distribution points. Those lead to the slow growth of the embryonic industry.

Option C is the answer because venture capitalists like to invest in innovative products, so there should not be a lack of capital.

4 0
3 years ago
The goods a company has available to sell to customers are called
Fofino [41]
I think the most appropriate answer would A.

I hope it helped you!
7 0
3 years ago
Read 2 more answers
Fixed costs remain constant at​ $450,000 per month. During​ high-output months variable costs are​ $300,000, and during​ low-out
FrozenT [24]

Answer:

High indirect-cost rate is $31.25

Low indirect-cost rate is  $115

Explanation:

It is noteworthy that the indirect cost-rate refers to the sum of variable cost per hour+fixed cost per hour

High indirect-cost rate=variable cost per hour+fixed cost per hour

High output:

variable cost per hour=total variable costs/number of hours

fixed cost per hour=Fixed costs/number of hours

variable cost per hour=($300,000/24,000)=$12.5

fixed cost per hour =($450,000/24000)=$18.75

high indirect cost-rate=$12.5+$18.75=$31.25

Low output:

variable cost per hour=total variable costs/number of hours

fixed cost per hour=Fixed costs/number of hours

variable cost per hour=($125,000/5,000)=$25.00

fixed cost per hour =($450,000/5,000)=$90

low indirect cost-rate=$25+$90=$115

3 0
3 years ago
Seasons Construction is constructing an office building under contract for Cannon Company and uses the percentage-of-completion
lana66690 [7]

Answer:

SEASONS CONSTRUCTION

At the end of Dexc 31 2023

The revenue to be recognized will be = 25% * $18,600,000 =  $4.650,000

The cost to be recognized =  25% * $18,750,000 =  $4,687,500

Since percentage of completion method is being used, the revenue and cost to be recognized for the ywear 2023 will be based on the proportion of work completed in that year.

Explanation:

5 0
3 years ago
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