Answer:
The right answer is C.
Explanation:
In an economic model, economic processes of a set of related variables are represented, they present arguments to justify economic policy at the national level, influence business strategies and provide economic advice to households.
Helping the correct allocation of resources both public and business management.
Answer:
C. $4.20
Explanation:
The computation is shown below:
Before that we need to do following calculations
Total costs to be incurred is
= ($2 × 5,000,000 units) + $9,000,000
= $19,000,000
Now
Required return is
= $40,000,000 × 5%
= $2,000,000
So,
Sales price per unit is
= (Total cost incurred + required return) ÷ number of unit sold
= ($19,000,000 + 2,000,000) ÷ 5,000,000 units
= $4.20
Answer:
B. Executives
Explanation:
Option E is wrong. Students do not need high-end briefcases for school or other tasks.
Option D is incorrect. Postal workers do not need any expensive briefcases to carry postal service and letters.
Option C is false. Construction workers cannot afford expensive briefcases.
Option A is not correct. Police officers have not necessary to have those briefcases.
Option B is correct. Executives often need high-end briefcases to keep essential things with them. They can also afford expensive bags.
Answer:
See attached file
Explanation:
To obtain sales, the quantity sold is multiplied by the sale price in each of the regions.
Variable costs are multiplied by each of the quantities
Fixed costs are distributed according to what the company determined
From the difference between sales and variable costs we get the Contribution Margin. If the fixed costs are subtracted, the Segment Margin of each sector is obtained. Subtracting fixed costs that cannot be distributed, gives the Net Income.
The Fixed manufacturing overhead $ 800,000 was distributed between 40.000 units (produced units) not 35.000 (sold units)
Answer:
What type of competitive growth strategy is Jessica's manager discussing?
c. product development
Explanation:
Most companies in business usually compete over the number of customers that they can gain over time, at times called the market share. The amount of market share a business has directly affects the sales and profit margins. The market share is a limited resource, therefor companies in business have to use various strategies to ensure that they have a proportional share of the market. A business that is just starting or that is relatively young, needs a growth strategy especially if there is an existing competition with a huge market share. Growth strategies are methods that small businesses can use to expand and develop thus increasing there market share. There are different strategies that could be used. Some examples are; market penetration, market expansion, product development and acquisition of other companies.
Let as consider product development as a competitive growth strategy. Product development involves all the steps towards developing a new product or re-branding the product to attract customers. The decision by Jessica's manager to utilize the firm's top-secret salsa recipe and packaging them into 16-ounce jars to sell at the restaurant to expand their market share is a form of product development strategy.
