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lions [1.4K]
3 years ago
13

In the fives C’s, how is cost different from price?

Business
1 answer:
Elan Coil [88]3 years ago
3 0

Answer:

it includes all of the costs related to the product

Explanation:

in fives C, cost represent the total value of economic sacrifice that a business have to made in order to create the product. It includes things like the cost of materials, the amount of salary that need to be made to pay the employees who made it, the amount of money needed to operate machines to make it, etc.

Price on the other hand, is the amount of payment / compensation that the business expect from customers in exchange of obtaining the product. As a general rule to generate a profit, the Total price need to exceed the amount of cost of that product.

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An educational software company wants to compare the effectiveness of teaching about supply and demand curves between computer a
Fiesta28 [93]

Answer:

Yes, this is often an experiment. the corporate assigned students to either the animation or the text, instead of watching post hoc ergo propter hoc data.

Explanation:  

The explanatory variables are the pre-test data and therefore the assignment to a given group. The responding variable is that the post-test data.

6 0
3 years ago
In macroeconomics, a _______________ describes the common way in which market values are measured in an economy (Money acts as a
Tatiana [17]

In macro economics a unit of account describes the common way i which the market values are measured in an economy

Explanation:

When the market capitalization of a company which is traded in public and the company's number of out standing shares are multiplied then it is the way to calculate the market value in an economy

The economic value and the market values are not the same the market value is the value of a product in the market and the amount that the consumer is willing to pay for that product on the other hand economic value is the value that is benefited from the products that is the gain value in the market

7 0
3 years ago
Which of the following least likely describes a firm that is experiencing economies of scale?
Dennis_Churaev [7]

Answer:C

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5 0
4 years ago
When estimating the incremental after-tax free cash flows for a project, we include which one of the following costs?A. Investme
I am Lyosha [343]

Answer: Opportunity cost

Explanation:

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A sunk cost is a type of cost that an economic agent such as the individual, the firm or the government has already spent and therefore cannot be recovered again. This isn't included.

8 0
4 years ago
A(n) _____ is a measure, such as price or quantity, that can take on different values at different times.
Nat2105 [25]

Answer:

Variable

Explanation:

Given that, Variable is defined as a mathematical term that is often time used in business operation as well, to describe a form of value or cost that is not stable or permanent, which can change over a given period of time.

Hence, in this situation, the correct answer is " a VARIABLE is a measure, such as a price or quantity, that can take on different values at different times.

3 0
3 years ago
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