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stiks02 [169]
3 years ago
9

All of the following costs are likely to decrease as a result of better quality except:

Business
1 answer:
swat323 years ago
5 0

Answer:

The correct answer is (d)

Explanation:

Better quality can help to reduce many costs such as customer’s dissatisfaction cost, inspection cost and warrant and service cost. When customers don't like the quality of the product they are likely to buy the same product from somewhere else that is the dissatisfaction cost. Still, maintenance cost is likely to incur no matter how good the quality is. Maintenance cost helps to keep the product clean and fresh for long-term use.

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Why does supply decrease when the price<br> of resources increases?
krek1111 [17]

Answer:

see below

Explanation:

Resources are the ( inputs) materials used in the production of goods meant for sale. The cost of inputs has a direct impact on the price of the finished goods(output).  An increase in the cost of inputs increases the cost of production. An increase in production cost increases without a corresponding rise in the selling price means that the profits margin per unit will decline.

Suppliers are motivated to sell or deliver more quantities in the market by profit prospects. An increase in the costs of inputs decreases profit margins. Reduced profits margin result in suppliers supplying reduced quantities in the markets.

4 0
3 years ago
Milano Gallery purchases the copyright on a painting for $420,000 on January 1. The copyright is good for 10 more years. The com
alex41 [277]

Answer:

Explanation:

The journal entries are shown below:

On January 1

Copyright A/c Dr $420,000

        To Cash A/c $420,000

(Being copyright is purchased)

On December 31

Amortization A/c Dr $42,000

          To Accumulated amortization A/c $42,000

(Being annual amortization is recorded)

The computation is shown below:

= Purchase value of copyright ÷  number of goods years

= $420,000 ÷ 10 years

= $42,000

6 0
3 years ago
Your latest shipment of chicken has some items with usda stickers and some items with usda grade stamps. what is the difference
Ket [755]
USDA actually has several stickers/labels/stamps that could have different meanings. However, the sticker most likely indicates that the chicken has passed for inspection while the grading stamp means that the poultry processor also requested to have the quality of the chicken evaluated and graded.

The USDA has separate programs for the inspection and for the grading of meet. The former is mandatory and guarantees the wholesomeness of the meat. This means that the animal from which the meat was taken from is not diseased and that the meat is clean and fit for human consumption. Inspection programs are paid for by public funds. 

However, USDA also has a grading program, which is paid for by the meat processors. The grading program checks and classifies the meat according to its quality (e.g. flavor, juiciness, and tenderness). Poultry with a Grade A poultry for example is one which does not have "defects" such as feathers, discoloration and bruising. 
5 0
3 years ago
Read 2 more answers
Consumer ________ helps answer questions such as why people choose one product or brand over another
san4es73 [151]

Answer:

The answer is Consumer Behavior

Explanation:

Consumer Behavior is the study of individual customers, a group of people or organizations with regard to how these people and organizations purchase and dispose goods and services that are needed to satisfy their wants or needs.

This study seeks to understand how the behave in  the marketplace and the reason(s) for this behavior.

The importance of understanding consumer behavior is that it can help you become more effective at marketing, advertising, product design and development, which will have the major impact of your customers.

An example can be seen when someone seeks the advice of his/her friend before purchasing a car. In this case, they may buy the car not because they like it, but because a friend recommended that car.

4 0
3 years ago
A 2-year T-note was issued 9 months ago with a face value of $1000. It pays a 5% per annum coupon, paid semiannually. Suppose th
grandymaker [24]

Answer:

The Price of Bond today = $997.07

Explanation:

Semi annual coupons = $1000 * 5% / 2

Semi annual coupons = $25

As 9 months is already over in the two year bond, the coupons are payable

3 months from now, 9 months from now and 15 months from now.

The present value of all these coupons and the principal should be equal to the price of the bond today.  In case of continuous compounding, the formula for Present Value of any future Cash flow C is C*e^(-r*t).

Price of Bond = $25 * e^(-0.06*3/12) + 25*e^(-.061*9/12)+ 1025*e(-0.062*15/12)

Using the value of e as 2.71828

Price of Bond = $25 * 2.71828^(-0.06*3/12) + 25*2.71828^(-.061*9/12)+ 1025*2.71828(-0.062*15/12)

Price of Bond = $ 25 * 2.71828 ^-0.015 + 25*2.71828^-0.04575 + 1025*2.71828^-0.0775

Price of Bond = $ 25 * 1/2.71828^0.015 + 25*1/2.71828^0.04575 + 1025*1/2.71828^0.0775

Price of Bond = $997.07

7 0
3 years ago
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