Socialist: Equal Results
Market: Based in supply and demand
Traditional: Based on traditions and customs
Communist: Government Controlled
there was no question so i think it was this hopefully it is right?
Answer:
the equivalent units of production for conversion costs is 12,280.
Explanation:
<u>Calculation of the equivalent units of production for conversion costs.</u>
Units transferred out (9,800 × 100 %) = 9,800
Units of ending work in process (6,200 × 40%) = 2,480
Equivalent units of production for conversion costs =12,280
Answer:
the absolute value is -0.33 and it is inelastic
Explanation:
The computation is shown below:
The Absolute value of Price Elasticity of Demand (PED) is
= Percentage Change in Quantity Demanded ÷ Percentage Change in Price
= 0.05 ÷ (-0.15)
= -0.33
Since the price elasticity of demand is less than one so here there is an inelastic demand
Therefore the absolute value is -0.33 and it is inelastic
Answer:
The firm’s contribution margin per candle is $3.75
Explanation:
The computation of the firm’s contribution margin per candle is shown below:
Contribution margin per unit = Selling price per unit - variable cost per unit
= $6 candle - $2,25 candle
= $3.75 candle
The fixed expense is used to compute the break-even sales in units and in dollars so for this calculation, the fixed expense should not be taken. Hence, ignored it
In this case, a change in the<u> "product" </u>variable caused changes in the <u>"promotion"</u> variable of the marketing mix.
Marketing mix is tied in with putting the correct item or a mix thereof in the place, at the perfect time, and at the correct cost. The troublesome part is doing this well, as you have to know each part of your marketable strategy.
An product is a thing that is constructed or created to fulfill the necessities of a specific gathering of individuals. The product can be immaterial or unmistakable as it very well may be as administrations or merchandise.
Promotion is an imperative part of marketing as it can help mark acknowledgment and deals.
