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Mnenie [13.5K]
3 years ago
12

When money is used to compare the relative price of a burrito and a taco, money is being used as a

Business
2 answers:
Dafna1 [17]3 years ago
4 0

Answer: B) unit of Account

Explanation:A unit of account in financial accounting refers to the words that are used to describe the specific assets and liabilities that are reported in financial statements rather than the units used to measure them. Unit of account in economics allows a somewhat meaningful interpretation of prices, costs, and profits, so that an entity can monitor its own performance. It allows shareholders to make sense of its past performance and have an idea of its future profitability.

zalisa [80]3 years ago
4 0

Answer:

B) unit of account

Explanation:

The main functions of money are:

  • Medium of exchange : money is widely accepted and used to exchange goods or services
  • Unit of account : money serves as a basis to compare the value of goods or services
  • Store of value : money can be saved since it keeps it value
  • Standard for deferred payments: you can borrow money and pay it back at a future date
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Venus Williams is one of the top women’s tennis players in the world. Because this status overrides all her other statuses, it i
Sonja [21]

Answer:

Master status

Explanation:

In the social development of an individual, some certain set of characteristics or social identity is peculiar to individuals in which that individual is known for. Such social identity is what we refer to as the status of an individual.  

Status of an individual can be achieved or ascribed. Achieved statuses such as occupation, athlete, teacher,  parent, spouse, criminal etc, all statuses gained throughout the course of individuals’ lives. Ascribed status on the or hand are statuses that an individual is born with, such as sex, race etc.

As an individual develops and interacts in a society, any particular status that makes a person well known for and easily identified with is referred to as the master status of the individual. The master status overrides other statuses of the individual. It is the status that confers a social identity that is exceptional on an individual. Master status can be ascribed or achieved.

The status of Venus Williams as one of the top women’s tennis players in the world is a Master status, which is an achieved status that overrides all other statuses that she is known for. Wherever her name  mentioned, the first thing that comes to people’s mind is her master status of being a star in tennis.

3 0
3 years ago
Gold Peak is a brand of iced tea introduced by Coca-Cola North American and intended to taste like the tea ""Mom used to brew.""
Lostsunrise [7]

Answer:

The correct answer is introductory.

Explanation:

In short, it is the stage where the conception, definition and experimental period of the product is fixed, studies say that more than 70% fail to launch to the market. It is characterized by:

  1. Low sales volume
  2. Great technical, commercial and communication investment.
  3. Great effort to fine-tune the manufacturing means.
  4. Difficulties to introduce the product in the market.
  5. Low saturation of your potential market.
  6. Few bidders.
  7. Special dedication of the sales team.

In summary, this phase is characterized by a negative profitability due to the great resources that are necessary to manufacture, launch and refine the product, compared to the sales volume achieved.

7 0
3 years ago
When the lorillard tobacco company places ads discouraging teenagers from smoking, they are using which type of institutional ad
Aleksandr-060686 [28]
<span>This is a de-marketing strategy through ads, which are assumed to be digital ads. The assumption is that the digital ad would reach the target audience of teenagers to discourage smoking. This type of marketing campaign shows the tobacco company in a 'responsible' light to the consumer. By discouraging underage use, the consumer can assume that this must be a good company and is honest in their marketing.</span>
3 0
3 years ago
The __________ shows how the capital is structured in the business, including the value of assets and the amount the firm owes a
PIT_PIT [208]

Answer:

balance sheet

Explanation:

The <u>balance sheet</u> shows how the capital is structured in the business, including the value of assets and the amount the firm owes at a specific point in time.

4 0
2 years ago
The Saturn Company records all collections from customers (including 5% sales tax) in the Sales Revenue Account. The account bal
iris [78.8K]

Answer:

$5,000

Explanation:

Calculation for what the Sales Tax Payable will be:

Sales Tax Payable=5% sales tax*Account balance $100,000

Sales Tax Payable=$5,000

Therefore the Sales Tax Payable will be: $5,000

8 0
3 years ago
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