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jeka57 [31]
2 years ago
10

Which of the following is a trait shared by all individual goods?

Business
1 answer:
katrin [286]2 years ago
8 0

Answer: (B) Excludability

Explanation: This implies that a customer can be excluded from the use of certain goods or services if they refuse to pay the seller, for example if at the cinema the consumer does not pay for the ticket, they will not receive ticket and cannot enter the cinema.

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what do people mean when they say that it is better to balance the economy than to balance the budget?
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Which of the expenses listed is a variable expense? A.electricity B.health insurance C.emergency fund D.retirement deduction
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Chang Industries has 2,500 defective units of product that have already cost $14.50 each to produce. A salvage company will purc
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Answer:

$27,250

Explanation:

The computation of incremental income or loss on reworking the units is shown below:-

For computing the incremental income or loss on reworking the units first we need to follow some steps which is shown below:-

Incremental revenue per unit = Selling price after rework - Selling price as scrap

= $22.00 - $5.60

= $16.40

Total Incremental Revenue = Incremental revenue per unit × Total defective units

= $16.40 × 2,500

= $41,000

Total rework costs = Total defective units × Defects per unit

= 2,500 × $5.50

= $13,750

Now,

Incremental income or loss on reworking the units = Total Incremental Revenue - Total rework costs

= $41,000 - $13,750

= $27,250

7 0
3 years ago
Procter & Gamble (P&G) decided to skip a generation of consumers when it began to market Old Spice deodorant. The target
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Demographic.

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Demographic is the statistical characteristics of human populations (such as age or income) used especially to identify markets.

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