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Allisa [31]
3 years ago
10

Comfort Corners Home Furnishings uses labor and machinery to transform wood, plastic, metal, and cloth into comfortable chairs,

sofas, and love seats for the home. This process creates______________.
a. use facility.
b. form utility.
c. intangible productivity.
d. place utility.
Business
2 answers:
Crank3 years ago
6 0

Answer:

b) form utility.

Explanation:

Utility can be defined as the satisfaction a consumer derives from using a particular good or service. There are  different types of utilities and they include: Form utility, time utility, place utility, possession utility, and task utility.

Form utility is the satisfaction derived from the use of finished products, rather than their raw forms. Many firms try to convert the raw forms of products to a useful form that will be readily acceptable to the consumer. Examples the use of wood to make furniture.

Alinara [238K]3 years ago
3 0

Answer:

Form Utility.

Explanation:

This is the process of designing a product to target a specific client's needs or wants. Customers' desires are incorporated into the features and benefits the products offer to customers. As in the above company. Various designs of furniture have been designed to appeal to customers needs and wants in home furnishing.furnishings.

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He decides to take the company public through an IPO, issuing 2 million new shares. Assuming that he successfully completes the
Salsk061 [2.6K]

Answer:

$36.79

Explanation:

Calculation to determine What will be the IPO price per share

First step is to calculate the Cumulative shares

Cumulative shares = 375,000 + 400,000 + 250,000 + 400,000 + 2 million

Cumulative shares = 3.425 million

Now let calculate the IPO price

IPO price = $14 × $9 million / 3.425 million

IPO price= $36.79

Therefore What will be the IPO price per share is $36.79

4 0
3 years ago
For a new product to be profitable, it must Multiple Choice enable customers to obtain greater total utility from their money in
Sidana [21]

Answer:

have greater marginal utility than existing substitute products

Explanation:

Utility is the satisfaction derived from consuming a good or service.  Products or services that meet or exceed customers' expectations are deemed to have a high utility value. Goods that do not adequately address customers' needs are considered to be of low utility value.

Goods and services deemed to be of high utility value are always in high demand. Consumers will be willing to pay more for such commodities. A product with high utility value will outsell its competitors in the market.

8 0
3 years ago
2. The European Union and the United States are trading partners. (a) If the current account balance is zero, will an increase i
nalin [4]

Answer: Deficit

Explanation:

The current account shows the difference between imports and exports as well as net income from outside.

If this balance is zero, it means that imports are equal to exports and income sent abroad equals income recovered from abroad.

If real income in the US was to increase, people would demand more goods and services including more imports. This will shift the current account to a deficit as the imports will surpass the exports.

3 0
3 years ago
Koffee Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is
sergey [27]

Answer:

1.

* Number of Cups of coffee served in a week is 1,800:

Fixed cost: $1,100

Variable cost: $0.26

Total cost average cost per cup: $0.87 ( which is calculated as Total Fixed cost/Total of cups served + Variable cost per unit = 1,100/1,800 + 0.26)

* Number of Cups of coffee served in a week is 1,900:

Fixed cost: $1,100

Variable cost: $0.26

Total cost average cost per cup: $0.84 ( which is calculated as Total Fixed cost/Total of cups served + Variable cost per unit = 1,100/1,900 + 0.26)

* Number of Cups of coffee served in a week is 2,000:

Fixed cost: $1,100

Variable cost: $0.26

Total cost average cost per cup: $0.81 ( which is calculated as Total Fixed cost/Total of cups served + Variable cost per unit = 1,100/2,000 + 0.26)

2.

The average cost per cup of coffee served decreases as the number of cups of coffee served in a week increases.

This is because average cost per cup of coffee served is equal to the sum of allocated fixed cost to one cup of coffee + variable cost of one cup of coffee. Although the variable cost of one cup of coffee remains the same given changes in the number of cups served, the allocated fixed cost to one cup of coffee decreases as the cups served increases as Total fixed cost remained the same, yet it will be allocated to more cup served, so the amount allocated to one cup served will decreases.

A formula will make it easy to understand:

Average cost per cup of coffee served = Variable Cost + Total Fixed cost/Total of cups served. Variable cost and total fixed cost remains the same with the variation of number of cup served; thus as number of cups served increases, Average cost per cup of coffee served decreases.

Explanation:

7 0
3 years ago
In october 2014, facebook, inc. acquired 100 percent of the common stock of whatsapp, inc. by paying $4,473 million of cash and
Nataly [62]
Lol bruh who uses Facebook anymore XD
8 0
3 years ago
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