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Anna35 [415]
3 years ago
12

Esther is ninety years old, but she still shops for her own groceries every morning. When Esther was younger, she would head to

Main Street and stop at the butcher shop for meat, the bakery for bread, and the farmer s market for fruits and vegetables. Now, she goes to a supermarket, where she can shop for all of those items under one roof and spend much less time buying food for the day. The convenience that Esther enjoys is called _____.
Business
1 answer:
Anettt [7]3 years ago
6 0

Answer:

Esther is ninety years old, but she still shops for her own groceries every morning. When Esther was younger, she would head to Main Street and stop at the butcher shop for meat, the bakery for bread, and the farmer s market for fruits and vegetables. Now, she goes to a supermarket, where she can shop for all of those items under one roof and spend much less time buying food for the day. The convenience that Esther enjoys is called <u>contact efficiency.</u>

Explanation:

In the business world, contact efficiency is a strategy used by businessmen to provide flexibility to their customers.

Under this strategy, the numbers of stores are reduced and all the main goods kept and sold under one roof to provide better service to the customers. This strategy makes more money and also saves time and energy of the customers.

In the question, Esther is shopping for all her needs from a single supermarket which makes it more reliable for her, hence depicting a perfect example of contact efficiency.

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The sales price, acquisition costs, and capital improvement costs (such as renovations or additions) of a property combine to ma
Aneli [31]

The sales price, acquisition costs, and capital improvement costs (such as renovations or additions) of a property combine to make up the<u> </u><u>Basis</u>.

Acquisition price refers to an amount paid for a constant property, for expenses associated with the purchase of a new purchaser, or for the takeover of a competitor. It is useful in identifying the entire cost of the fixed property as it consists of gadgets together with criminal charges and commissions and eliminates discounts and remaining fees.

The acquisition fee refers to the all-in value to buy an asset. these expenses encompass shipping, income taxes, and customs charges, as well as the prices of web page training, installation, and testing. Whilst acquiring property, acquisition prices can include surveying, closing expenses, and paying off liens.

Patron acquisition cost is the fee of winning a purchaser to buy a product or service. As an important unit financial, consumer acquisition expenses are often associated with purchaser lifetime costs. With CAC, any employer can gauge how lots they’re spending on obtaining every client.

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5 0
1 year ago
A bag contains 10 marbles: 6 are green, 2 are red, and 2 are blue. Frank chooses a marble at random, and without putting it back
NemiM [27]
For the green it would be 6/10 and the red 2/10
3 0
2 years ago
Read 2 more answers
A house sold for $39,379. The buyer paid 20% down. Monthly interest on the loan was $229.69. What was the annual interest rate o
djverab [1.8K]

Answer:

8.75%

Explanation:

The annual interest rate will be computed as follows:

Loan amount = Proportion of loan X Price of house

Loan amount = 80% X $39,379 = $31,503.2

Annual interest = $229.69 X 12 = $2,756.28

Annual interest rate                     = ($2,756.28/ $31,503.2) X 100%

                                                      = 8.75%

4 0
3 years ago
Company J acquired all of the outstanding common stock of Company K in exchange for cash. The consideration transferred exceeds
slamgirl [31]

<u>Answer:</u> The amounts have to be determined using fair value for plant and equipment and for long term debt.

<u>Explanation:</u>

Fair value method is based on the market price of the asset. The historical value of the assets is not used to consider the sale price of the asset. Fair value is where Company J and Company K both the parties have to accept the price based on the known facts of the assets.

Company J and Company K should both accept the price out of free will and should not be out of compulsion. Company J can report based on the financial statement fair value of the assets and long term debt.

4 0
3 years ago
If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that:________
Neko [114]

If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that marginal physical product is negative.

What is the change in total output that results from hiring one additional worker?

The difference in production brought on by using an additional unit of labor is known as the marginal product of labor.

Does hiring additional workers increase the total revenue at a decreasing rate?

Total output increases with additional employees, although at a slower rate. a stage of production where an increase in the labor force leads to a decline in labor's marginal product. With each new unit of labor added to the mix, a company with this will produce progressively less production.

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7 0
2 years ago
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