Answer:
False
Explanation:
Although the first part of the statement correctly describes the law of supply as an inverse relationship between the price of good/service and the quantity suppliers would supply (given a particular price), the second part is false.
Height of the supply curve indicates a minimum price that would incentivize suppliers to start creating a particular good. The notion of customers and purchase is related to the demand curve, not supply.
Answer:
The correct answer is letter "A": sales promotion.
Explanation:
Sales promotion is the marketing technique in which the benefits or special features of a product or service are provided to potential customers directly. In some cases, the sales promotion also is provided to the distribution channel so later the distribution channel reuses the information obtained to promote the same goods or services to the final customers.
Answer:
D. It makes all citizens pay the same percentage of their income in
taxes.
Explanation:
A proportional tax system imposes the same tax rate for all individuals regardless of the level of income. For example, if the tax rate is set at 5%, all taxpayers will be taxed at that rate. A person earning $10,000 will pay $500 (5% of 10,000) while the one earning $100,000 ( 5% of 5000)will pay $5,000.
A proportion tax system is also known as the Flat rate system. It is easy to compute and implement. The propositional tax system may appear to be fair because it treats all taxpayers equally and encourages people to earn more. However, it places a heavy tax burden on low-income earners.
Answer:
B) issued by and representing an interest in or a debt of, or guaranteed by, any bank organized under the laws of the United States, or any bank, savings institution, or trust company organized and supervised under the laws of any state.
Explanation:
The Uniform Securities Act ( USA ) is a model statute or legal framework designed to guide each state of the United States of America in drafting and balancing both state and federal regulatory securities law. It is used in the United States of America to prosecute all fraud relating to buying and selling of securities.
Under Section 401 of the Uniform Securities act, the term "agent" does not include an individual who represents an issuer in effecting transactions in a security issued by and representing an interest in or a debt of, or guaranteed by, any bank organized under the laws of the United States, or any bank, savings institution, or trust company organized and supervised under the laws of any state.
<em>However, under Section 401 of the Uniform Securities act, the term "agent" means any individual other than a broker-dealer who represents a broker-dealer or issuer in effecting or attempting to effect purchases or sales of securities.</em>
Answer:
![\left[\begin{array}{ccccc}&January&February&March&Quarter\\$sales&24500&37700&32500&94700\\$Desired ending&9425&8125&3462.5&3462.5\\$Total Needs&33925&45825&35962.5&115712.5\\$beginning&2770&9425&8125&2770\\$Production Requirement&31155&36400&27837.5&95392.5\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccccc%7D%26January%26February%26March%26Quarter%5C%5C%24sales%2624500%2637700%2632500%2694700%5C%5C%24Desired%20ending%269425%268125%263462.5%263462.5%5C%5C%24Total%20Needs%2633925%2645825%2635962.5%26115712.5%5C%5C%24beginning%262770%269425%268125%262770%5C%5C%24Production%20Requirement%2631155%2636400%2627837.5%2695392.5%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
We need to recalcualte the desired ending inventory
as currently they are calcualte at 20% and we want it at 25% we do cross multiplication
Jan: 7,540 / 20 x 25 = 9,425
We divide by 20 to get the value of a single percent f sales and then we multiply to 25 as it is our desired amount
Feb: 6,500 / 20 x 25 = 8,125
March: 2,770 / 20 x 25 = 3,462.5
Next we adjsut6 the beginning inventory for January as it is 2,770 instead of 4,900 and we can determiante the production budget need for the quarter
