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3 years ago

Describe the process of coding a questionnaire. Is precoding a questionnaire a good idea? Why or why not?

Business

1 answer:

Ymorist [56]3 years ago

7 0

Answer:

Survey coding is the process of taking the open-end responses and categorizing them into groups. Once coded, they can be analyzed in the same way multiple response questions can be. The results can vary from person to person depending on what code you use for the open-ended comment. I don't know the second part sorry. But I hope this helps! =)

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Many people believe that pure monopolies charge any price they want to without affecting sales. instead, the output level for a

babymother [125]

Given that many people believe that pure monopolies charge any price they want to without affecting sales. instead, the output level for a profit-maximizing pure monopoly occurs where MC = MR (marginal cost equals marginal revenue).

3 0

4 years ago

Product Pricing: Single Product Presented is the 2017 contribution income statement of Grafton Products. GRAFTON PRODUCTS Contri

hodyreva [135]

Answer:

a)647,000

b)658,000 yes as increase net income

c) 2,480,000

Explanation:

a) current net income : 842,000

less 13,000 x 12 increce in variable manufacturing (156,000)

less increase in fixed MO (39,000)

647,000

Sales 3,200,000 (16,000 x 200)

Variable (1,408,000) 988,000x16,000/13,000 + 156,000

Contribution 1,792,000

Fixed MO (819,000)

Fixed S&A (315,000)

Net Income 658,000

$\frac{Fixed\:Cost + Target \: Profit}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}$

$\frac{Contribution \: Margin}{Sales \: Revenue} = Contribution \: Margin \: Ratio$

1,792,000 / 3,200,000 = 0.56

$\frac{1,134,000 + 254,800}{0.56} = Break\: Even\: Point_{dollars}$

4 0

3 years ago

In the short run, prices may rise faster than costs. This chapter discusses why this might happen. Suppose that labor and manage

Ainat [17]

Answer:

Slope of short-run aggregate supply curve: wage-price flexibility

In the short run, some factors are fixed and some factors can vary and the costs incurred on fixed factors are constant. Thus, the price level does not change as fast as it could have been if all are variable resources.

However, if prices are subjected to the variation in the wages, then the price level will increase faster than the costs. If actual price level is below the expected level, then the nominal wage rate is more than the expected and vice-versa. This would result in a greater slope of the short-run aggregate supply curve, which means short-run aggregate supply curve will be relatively steeper.

In the short run, the wage rate and price level are sticky downward because fall in nominal wage of workers will reduce the incentive to work.

Hence, if the wage rate adjusts continuously to any change in price; then the aggregate supply curie is relatively steep, and when wage and price level are sticky, then the short-run aggregate supply curve will be relatively flat.

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3 years ago

In regard to an operating budget identifiable costs may generally include _________.

PSYCHO15rus [73]

Answer:

Explanation:

Identifiable costs by definition are expenses that can be identified directly with a specific facility, activity or function. Operating budgets deal with short term expenses and expenses to be incurred in the next one year. Therefore, in regard to operating budget, identifiable costs may generally include cost of inventory, cost of fixed assets like land and equipment, supporting group and the direct care group wages.

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3 years ago

Which of the following functions of money enables society to gain the benefits of geographic and labor specialization? store of

grandymaker [24]

Answer:

The correct answer is: medium of exchange.

Explanation:

The medium of exchange function of money that helps the society in gaining the benefits of geographic and labor specialization.

The medium of exchange function means that money is an asset that is widely accepted as a medium of exchange in the transactions involving the exchange of goods and services.

The medium of exchange function of money eliminates the need for double coincidence of wants. Thus helps in labor and geographic specialization.

4 0

3 years ago