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3 years ago

When a firm doubles its inputs and finds that its output has more than doubled, this is known as: select one:

1 answer:

7 0

When a firm doubles its inputs and finds that its output has more than doubled, this is known as economies of scale. When a business has reached economies of scale, that means there is an equal amount saved in costs by increasing the production amount. The more you produce the lower the cost is to produce those items and the more amounts of items you have to sell.

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True/False

Elanso [62]

The answer is FALSE.

Relationship marketing is much important compared to maintaining databases of customer's information for mass marketing. A good relationship to clients can be a good promotion tool and technique compared to sending them promotional ads via email, SMS and social media sites. A word of a mouth is more powerful and personal compared to digital media. If the reputation of the company is good to some clients, then it will create good impression to other potential clients and to the people they know. If the company has a good impression, good attitude employees with good products, it will surely help to the company's revenue.

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3 years ago

Alan tells Sherry that he will pay her $5,000 if she runs the Boston Marathon. Once Sherry starts running the marathon, Alan, le

iragen [17]

Answer:

can revoke the contract as informal verbal agreements are not binding

Explanation:

Since in the question it is mentioned that sherry would pay her $5,000 in the case when she runs marathon now once she starts running so here alan can revoke the contract legally as there is only verbal agreements not the written agreement also they are not binding to each other

So as per the given situation, the above statement should be considered

8 0

3 years ago

Identify each of the following terms or phrases as an accounting (a) principle, (b) assumption, or (c) constraint.

german

Answer and Explanation:

The identification of the following terms as an accounting principle, assumption or constraint is

1 Business entity = Assumption

2. Measurement = Principle

3 Cost-benefit = Constraint

4 Revenue recognition = Principle

In this way the identification of the accounting terms would be done

The same is relevant too

7 0

3 years ago

The four types of consumer products differ in terms of the (1) effort the consumer spends on the decision, (2) attributes used i

yarga [219]

Answer:

Types of Consumer Product Examples

Convenience Product: Zest bar soap

Shopping Product: Sony Blu-ray Disc™ player

Doritos Hermès Birkin bag

Goodyear Ultra Grip tires

Specialty Product: Patek Philippe watch

Maytag® dishwasher

Unsought Product: Royce Poplar coffin

Explanation:

a) The factors that distinguish consumer products are:

(1) effort the consumer spends on the decision

(2) attributes used in making the purchase decision

(3) frequency of purchase.

b) Types of Consumer Product

Convenience Product

Shopping Product

Specialty Product

Unsought Product

c) Product Examples:

Royce Poplar coffin

Patek Philippe watch

Sony Blu-ray Disc™ player

Maytag® dishwasher

Doritos Hermès Birkin bag

Zest bar soap

Goodyear Ultra Grip tires

6 0

3 years ago

Professor Foley conducted a cola taste test. Each participant in the experiment first tasted 2 ounces of Coca-Cola, then 2 ounce

aalyn [17]

Answer:

The three brand are famous soft drink brands utilized by individuals. It very well may be somewhat muddled for deciding the favored taste of the buyers. This exploratory plan is flawed as a result of the potential issues engaged with it. The test here is that the members may not give an exact rating. They may rate it the equivalent. There is an issue with this trial as one of the soft drinks going level may affect the rating of the members. As indicated by Malhotra (2010) the most widely recognized strategy utilized for testing is combined correlation. This can be utilized by the members for successful examination.

The perplexing variable in the investigation incorporates the measure of time that went between the tasting of various soft drinks. The temperature of the soft drink additionally indicates the inclination of the members.

The measure of time that has gone since the members had the beverage likewise chooses their inclination level.

I would utilize correlation strategy wherein irregular examining will be picked. The refrigerated soft drinks will be given. A sense of taste chemical will be given after each drink to clean their taste. This will incorporate in excess of five preliminaries for effectiveness.

7 0

3 years ago