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goblinko [34]
3 years ago
14

Candice is a jewelry shop owner, specializing in beaded necklaces. For each of the following inputs, classify each item as a var

iable input or a fixed input in the long run.
i. Shipping
ii. Chairs
iii. Upper Managment salary
iv. Beads
v. Hourly Labour
vi. Computers
vii. 2 years Lease on office and rental space
Business
1 answer:
Valentin [98]3 years ago
6 0

Answer:

Fixed Inputs : ii , iii , vi , vii

Variable Inputs : i , iv , v

Explanation:

Short run is a period in which few factors (inputs) of business can be changed. Fixed Inputs are inputs of the business which are constant in short run.  Variable Inputs are inputs of business which are change-able in short run.

Fixed Inputs : Chairs , Upper Management Salary, Computers , 2 Years lease on office & rental space. As, these can't be changed in short run.

Variable Inputs : Shipping , Beads , Hourly Labour. As, these can be changed in short run.

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Galina-37 [17]

Major's best course of action at this time would be to contact the Better Business Bureau.

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  • A money-back guarantee, also known as a satisfaction guarantee, is essentially a simple guarantee that a buyer will receive a refund if he or she is dissatisfied with a product or service.
  • Money-back guarantees are not required by law in the United States. A seller, on the other hand, may advertise a money-back guarantee only if they offer a full refund of the purchaser's money and clearly state all requirements and limitations that apply.
  • Perhaps the most significant benefit of providing a money-back guarantee is that it lowers the barrier to purchase by instilling trust in the customer.
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6 0
1 year ago
The futures price of gold is $1,000. Futures contracts are for 100 ounces of gold, and the margin requirement is $3,000 a contra
Dmitry [639]

Answer:

a. The initial remittance is the same as the initial margin requirement of $3,000.

b. The profit is;

= 100 ounces * ( 1,005 - 1,000)

= $500

Return is;

= Profit/ Margin

= 500/3,000

= 16.67%

c. The loss is;

= 100 * ( 1,000 - 998)

= -$200

d. If the futures price declines to $984, what must the speculator do?

Depends on if the maintenance requirement is still below the balance.

= 3,000 - 100 * (1,000 - 984)

= $1,400

This is below the maintenance margin of $1,500 and so the speculator will have to deposit an amount that will take it back to the original margin requirement.

= 3,000 - 1,400

= $1,600

Speculator should deposit $1,600.

e. = 3,000 - 100 (1,000 - 982)

= $1,200

8 0
3 years ago
Foyert Corp. requires a minimum $30,000 cash balance. Loans taken to meet this requirement cost 1% interest per month (paid mont
igor_vitrenko [27]

Answer:

From the attached excel file, we have:

a. Ending Cash Balance:

October = $30,000

November = $30,000

December = $34,546

b. Loan Balance End of Month:

October = $20,100

November = $15,301

December = $0

Explanation:

Note: See the attached excel file for the cash budget for October, November, and December.

In the attached excel file, the following calculations are made:

October additional loan = Minimum required cash balance - October Preliminary cash balance = $30,000 - $19,900 = $10,100

November Loan Repayment = November Preliminary cash balance - Minimum required cash balance = $34,799 = $30,000 = $4,799

Download xlsx
8 0
3 years ago
Dartmouth Assessment Centre screens and trains employees for a computer assembly firm in Halifax. The progress of all trainees i
alexdok [17]

Answer:

Discourage Torri from continuing. Encourage Julie to continue.

Explanation:

The progress of all trainees is tracked. Those not showing good progress are moved to less demanding programs. This means that there is hope of still doing/getting a job, if they don't pass this test.

REQUIREMENT: By the 10th time doing the test, trainees must be able to complete the task in a maximum of 1 hour.

1st Trainee: Torri Olson-Alves

5 hours on Unit 4;   4 hours on Unit 8

Should Torri be encouraged to continue? NO.

There are 10 units or repetitions in all. If Torri spends 5 hours on Unit 4 and spends 4 hours on Unit 8, then Torri is slow or isn't making much progress. After 4 repetitions, her marginal product only increased by an hour. She most likely won't make it to 1 hour by the 10th repetition.

2nd Trainee: Julie Burgmeier

4 hours on Unit 3;   3 hours on Unit 6

Should Julie be encouraged to continue? YES.

Julie makes a progress of 1 hour after 3 repetitions. We can predict that after another 3 repetitions (on Unit 9) progress would be made again and by Unit 10, she would have met the required benchmark.

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3 years ago
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adell [148]

The given scenario is referred to as product bundle pricing.

Option E

<u>Explanation: </u>

Product bundles consist of various individual products or services sold as a merged package to consumers. For particular, brand bundles consisting of complementary products or, less often, similar products are considered "package deals."

When retailers sell multiples of exactly the same items, it is usually called "a multipack," not a package of items.  

For example, a stationary meal in a restaurant or a beach package that contains sunscreen, sand-sheets, towels, and flip-flops as just a product that can be purchased.

Many stores only market many stock products in a consumer package rather than as single or packaged pieces. The package generally costs less for retailers selling identical items separately and as part of a consumer bundle than if a buyer bought the items separately.

7 0
3 years ago
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