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
SVEN [57.7K]
3 years ago
10

How is the value of a product determined?

Business
1 answer:
svetoff [14.1K]3 years ago
5 0

Answer:

One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.

You might be interested in
Suppose that a company needs 1,500,000 items during a year and that preparation for each production run costs $900. Suppose also
elena-s [515]

Answer:

30,000 units

Explanation:

According to the inventory cost model, the production run size that minimizes costs is given by:

P = \sqrt{\frac{2*D*S}{H}}

Where D is the annual demand (1,500,000 items), S is the cost of each production run ($900) and H is the holding cost per unit ($3). Applying the given data:

P = \sqrt{\frac{2*1,500,000*900}{3}}\\P=30,000\ units

Each production run should consist of 30,000 units.

7 0
3 years ago
What current treaty defines the legal relationship between airlines and international passengers, outlining what the airline is
kari74 [83]

Answer: The Montreal Convention 1999 (MC99)

Explanation:

The Montreal Convention of 1999 (MC99) unified all different international treaties that were in force with regards to Airline liability since 1929.

Designed as a single, universal treaty meant to govern airline liability across the globe, it established airline liability in the case of death or injury to passengers, as well as in cases of delay, damage or loss of baggage and cargo.

The United States of America RATIFIED the Agreement on the 5th of September 2003 after it passed the Senate in July of the same year. It then came into effect 60 days later on the 4th of November 2003.

6 0
3 years ago
Read 2 more answers
Econville has 100 million adult citizens. Of these, there are 40 million full-time workers and 20 million part-time workers. The
Gekata [30.6K]

Answer:

B) 4.76%

Explanation:

total unemployment = 2.5 million all the people currently seeking jobs and 0.5 million those temporarily laid off  (and expecting a recall) = 3 million

Econville's total labor force = 40 million full time workers + 20 million part time workers + 3 million unemployed = 63 million

unemployment rate = unemployed / total labor force = (3 million / 63 million) x 100 = 4.76%

4 0
4 years ago
suppose that the u.s. government imposes a quota on imported textiles and restricts the quantity imported to​ 3,000 yards.  
scZoUnD [109]

The demand and supply of imported textiles are given. Initially, the price is $4.50 per yard and the quantity imported is 4,500 yards.

Now the government imposes quotas on imported textiles. That means the government restricts the quantity that must be imported to 3,000 yards. The graph is as follows:

Initially, the market is in equilibrium at point E. The price iS S4.5 per yard and the quantity

imported is 4,500 yards. After the government puts restrictions on imports, the supply

curve remains the same that is, Upward sloping till 3,000 yards are imported. After that, the supply curve becomes vertical because no more imports are possible whatever the price is. Green colored line is the new supply curve

As a result of this, the equilibrium shifts from point E to point F. The price of

imported textiles has increased to $ó per card and the quantity of import is 3,000 yards.

Learn more about imported textiles here: brainly.com/question/9452496

#SPJ4

6 0
2 years ago
For simplicity we hold the price level fixed at 1 and assume that inflationary expectations are fixed at 2%. y is also held cons
Anastasy [175]

Equilibrium interest rates refers to the point where the demand for particular amount of money is equal to the money's supply.
In this case, we just need to do a complete substitution and calculation

4000= 1 X[1200+0.5(6,000) - 200 (i)
]4,000=4,200- 200 (
i)I=<span>1%</span>
6 0
3 years ago
Other questions:
  • How is the trading in the stocks of major corporations regulated?
    5·1 answer
  • Susan never graduated from high school, but her friend Anita earned a college degree. Because of this, Susan is more likely than
    5·1 answer
  • Can work give less 24 tell u come back to work
    15·1 answer
  • Fifty employees of GlowFax Inc. quit the company this year. Thirty-five of the employees left by choice, while the rest were ask
    12·1 answer
  • On January 1, 2021, Gundy Enterprises purchases an office building for $151,000, paying $41,000 down and borrowing the remaining
    13·1 answer
  • Hot Topic has a policy of promoting from within. If Hot Topic uses clearly defined selection criteria and a transparent process,
    9·1 answer
  • An accountant is starting a new job and wants to make sure he does not put himself or his company at legal risk. He talks to his
    9·1 answer
  • Presented below is pension information for Company Y for 2021.
    15·1 answer
  • When treasury stock is purchased with cash, what is the impact on the balance sheet equation? a. No change: The reduction of the
    8·1 answer
  • An annual report for International Paper Company included the following note:The last-in, first-out inventory method is used to
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!