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Tema [17]
3 years ago
9

When a real estate agent says the three most important factors when buying a property are “location, location, location,” the ag

ent is referring to one of the forms of _____.
I found the answer and its "nonprice competition", so free points to who ever see this first
Business
2 answers:
ella [17]3 years ago
6 0

I always thought this meant the neighborhood where the real estate was found or the community. Your answer of non prince competition really surprises me. Thanks for posting.

Lorico [155]3 years ago
3 0

<u>Answer:</u>

The correct answer for this is 'non price competition'.

<u>Explanation:</u>

When a real estate agent says the three most important factors when buying a property are “location, location, location,” the agent is referring to one of the forms of non price competition.

Non-price competition is a type of competition where two or more than two producers use factors like customer service, packaging or delivery rather than the price to increase the demand of the product or service.

Here, location is used as a non-price competition to increase the demand.

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Item I51 is used in one of Policy Corporation's products. The company makes 20,800 units of this item each year. The company's A
Lilit [14]

Answer:

Impact on net income= $118,880

Explanation:

Giving the following information:

Item I51 is used in one of Policy Corporation's products. The company makes 20,800 units.

Direct materials $ 1.90

Direct labor $ 2.90

Variable manufacturing overhead $ 4.00

Supervisor’s salary $ 1.70

Depreciation of special equipment $ 3.40

Allocated general overhead $ 9.20

Buy= 18.60

If this offer is accepted, the supervisor's salary and all of the variable costs, including direct labor, can be avoided. The special equipment used to make the item was purchased many years ago and has no salvage value or other use. The allocated general overhead represents the fixed costs of the entire company. If the outside supplier's offer were accepted, only $31,600 of these allocated general overhead costs would be avoided.

Make in house:

We will only consider the incremental costs (those that varies on each option)

Direct materials $ 1.90* 20800= 39520

Direct labor $ 2.90=60320

Variable manufacturing overhead $ 4.00= 83200

Supervisor’s salary $ 1.70= 35360

Allocated general overhead= 31600

Total= $250,000

Buy:

18.60*20800= $368880

It is more convenient to continue producing in house.

Impact on net income= 368,880 - 250000= $118,880

6 0
3 years ago
True or False: Without engaging in international trade, Freedonia and Lamponia would have been able to consume at the after-trad
solniwko [45]

"Without engaging in international trade, Freedonia and Lamponia would have been able to consume at the after-trade consumption bundles" is FALSE.

<u>Option:</u> B

<u>Explanation:</u>

Specialization refers to countries' propensity to focus in certain items they exchange for other commodities, rather than to manufacture all the consumer goods on their own. As the PPF production possibilities frontier displays that production is impractical, Freedonia and Lamponia had to engage in international trade.

Both countries are able to consume the goods they produce.When a country is skilled in manufacturing a good, it can manufacture this good at a lower cost of opportunity than its trading nation. For this comparative advantage, both countries benefit from competing and trading with one another.

7 0
3 years ago
No arbitrage is equivalent to the idea that all risk-free investments should offer investors:
olga nikolaevna [1]

Answer:

JOIN MY ZOOM  528-468-7585

Explanation:

7 0
2 years ago
Which of the following statements is TRUE?
Dahasolnce [82]

Answer:

Third one....The interest rate on your savings account will vary over time and be set by the government

Earn interest at a norminal rate.

7 0
3 years ago
Trade deficits usually occur when crops are in short supply.<br> O True<br> O False
FromTheMoon [43]
I think the answer is true, but if I’m wrong sorry
5 0
3 years ago
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