The total annual expenditures on advertising in the United States is about $420 billion.
Explanation:
In general, promotional expenses should be listed on the Income Statement of the organization.
Look for "advertising expenses," "marketing expenses" or "sale expenses." Often these costs may be combined in other financial or general costs.
Collectively, the top 200 marketers in the US spend a whopping 163 billion dollars on ads in 2018, up 3.6 per cent year on year, according to Ad Age's latest Leading National Marketers study.
Answer:
True
Explanation:
This is because Occasionally, there may be suits involving members of protected groups who claim that the disciplinary action was taken against them because they are members of a protected group, but if you have written policies barring unfair treatment of its staff, and a system for ensuring that the policies are followed then a company can protect itself from losing the suits.
The marginal product of the fourth worker is 150 bushels of wheat.
<h3>What is the marginal product?</h3>
Marginal product is the change in the total product of labour when labour is increased by one unit.
Marginal product = change in output / change in labour
change in output = 1300 - 1000 = 300
change in labour = 4 - 2 = 2
300 / 2 = 150
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Answer:
A. $1,300 units
Explanation:
Data provided
Fixed expenses = $212,290
Product price = $230.00
Variable cost = $66.70 per unit
The calculation of break-even in monthly unit sales is shown below:-
Unit sales to break even = Fixed expenses ÷ Unit Contribution Margin
= $212,290 ÷ ($230.00 per unit - $66.70 per unit)
= $212,290 ÷ $163.30 per unit
= $1,300 units
Therefore for computing the units sales to break even we simply applied the above formula.
Answer:
The answer is C
Explanation:
To maximize profits in a perfectly competitive market, firms or businesses' marginal revenue must equal to marginal cost (MR=MC).
Also price must equate marginal cost(which is the additional cost incurred in the production of one more unit of a good)
In perfect competition, P = MC = MR.
But in monopolistic Competition or monopoly P > MC
