1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
s344n2d4d5 [400]
3 years ago
9

I am Stuck Please Help

Business
1 answer:
Dovator [93]3 years ago
7 0

Answer:

Explanation:

In other words, the higher the price, the lower the quantity demanded. The amount of a good that buyers purchase at a higher price is less because as the price of a good goes up, so does the opportunity cost of buying that good.

You might be interested in
The three important elements of a​ firm's business model are its target​ market, its basis for​ differentiation, and its​ ______
wlad13 [49]

Answer:

SEGMENTATION

Explanation:

The important elements involved of a firms business model are its TARGET market basis for differentiation and it segmentation these three elements involved results into important elements of a business model.

6 0
3 years ago
Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows:
Amiraneli [1.4K]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the activity rate for each activity:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Machining= 312,000/80,000= $3.9 per machine hour

Designing costs= 73,600/8,000= $9.2 per design hour

Setup costs= 71,600/500= $143.2 per batch

<u>Now, we can allocate overhead to each product:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

<u>Product A:</u>

Machining= 3.9*30,000= 117,000

Designing costs= 9.2*3,200= 29,440

Setup costs= 143.2*50= 7,160

Total overhead= $153,600

<u>Product B:</u>

Machining= 3.9*40,000= 156,000

Designing costs= 9.2*1,800= 16,560

Setup costs= 143.2*175= 25,060

Total overhead= $197,620

<u>Product C:</u>

Machining= 3.9*10,000= 39,000

Designing costs= 9.2*3,000= 27,600

Setup costs= 143.2*275= 39,380

Total overhead= $105,980

8 0
2 years ago
What is the reward of entrepreneur​
Diano4ka-milaya [45]

Answer:

As an "entrepreneur" you can make money while doing things you like.

Explanation:

5 0
3 years ago
If a gain of $5,292 is realized in selling (for cash) office equipment having a book value of $50,960, find the total amount rep
kati45 [8]

Answer:

$56,252

Explanation:

<u />

<u>For the investing activities we should post the proceeds from the sale</u>, not the gain or the book value of the equipment

if there is a gain, then it was sold above the book value by this amount

proceeds - book value = gain

book value: 50,960

gain: 5,292

proceeds - 50,960 = 5,292

proceeds =  50,960 + 5,292 = 56,252

8 0
3 years ago
Marketers need to recognize and understand consumer behavior in order for their business to be successful. List and explain why
frosja888 [35]

Answer:

Consumer behavior can be defined as the behavior shown by the final consumers and users of the products and services. It is very important for the marketers to know and understand consumer behavior. Marketers should know:

Why consumers purchase different products

How much they purchase

From where they purchase

When they purchase products

With whom they purchase products

Who initiate the buying decision

What can influence him or her

From where did they get the information

Who influence their buying decision

Who actually make the buying

How they use the products etc etc.

Markets try to study consumers from the data generated in-store and out-of-store. They do research to study consumers in depth. They also do trend analysis which means what consumers are buying, what they are watching online, which movies they are seeing, which newspapers they read etc etc. In this way, they can get data regarding their preferences, needs and wants so they can made and tailor their offers and products accordingly.

Consumers want to satisfy their needs and wants with the help of products and services. They want to use the latest and innovative products which can fulfill their needs in the most advanced and effective way at the affordable price.

5 0
3 years ago
Other questions:
  • A company wants to set up operations in a country with the following corporate tax rate structure: Taxable Income Tax Rate &lt;$
    8·1 answer
  • Company X's current assets increased by $40 million from 2007 to 2008, while the company's current liabilities increased by $25
    13·1 answer
  • Product innovation refers to efforts to create designs and applications of technology to develop new products, while __________
    10·1 answer
  • Database Systems is considering expansion into a new product line. Assets to support expansion will cost $750,000. It is estimat
    8·1 answer
  • Your spouse is a teacher at the local elementary school. Which retirement plan would she most likely have?
    13·1 answer
  • In an efficient market, prices appear to move randomly becauseA) investors do not process new information correctly.B) only new
    8·1 answer
  • Responsible drivers assess their personal fitness to drive before getting behind wheel Discuss 3 questions you should ask yourse
    7·1 answer
  • According to our Lecture, which of the following strategic concepts allow firms to achieve their missions?A) productivity, effic
    12·1 answer
  • A customer has opened a margin account and has signed both the hypothecation agreement and the loan consent agreement. The broke
    8·1 answer
  • Question 7 Suppose that Jaxon Corporation has three products: Red, Black, and White. Red has the highest contribution margin per
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!