Answer:
Inelastic: Demand for business goods tends to be me more inelastic than demand for consumer goods.
Explanation:
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Answer:
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Explanation:
The basic theory illustrated in (Figure) is that, because of the existence of fixed costs in most production processes, in the first stages of production and subsequent sale of the products, the company will realize a loss. For example, assume that in an extreme case the company has fixed costs of ?20,000, a sales price of ?400 per unit and variable costs of ?250 per unit, and it sells no units. It would realize a loss of ?20,000 (the fixed costs) since it recognized no revenue or variable costs. This loss explains why the company’s cost graph recognized costs (in this example, ?20,000) even though there were no sales. If it subsequently sells units, the loss would be reduced by ?150 (the contribution margin) for each unit sold. This relationship will be continued until we reach the break-even point, where total revenue equals total costs. Once we reach the break-even point for each unit sold the company will realize an increase in profits of ?150.
For each additional unit sold, the loss typically is lessened until it reaches the break-even point. At this stage, the company is theoretically realizing neither a profit nor a loss. After the next sale beyond the break-even point, the company will begin to make a profit, and the profit will continue to increase as more units are sold. While there are exceptions and complications that could be incorporated, these are the general guidelines for break-even analysis.
As you can imagine, the concept of the break-even point applies to every business endeavor—manufacturing, retail, and service. Because of its universal applicability, it is a critical concept to managers, business owners, and accountants. When a company first starts out, it is important for the owners to know when their sales will be sufficient
Answer:<u><em>(d.) Evaluation of whether the response made to a demand or threat was effective</em></u>
Explanation:
Richard Lazarus stated that stress is a process where the manufacturing of stressors by the surrounding, and the effect on an individual subjected to these stressors.
He also stated that these cognitive appraisal will happen when a individual considers two major element that add in his response to stress. These two element are as follow :
The baleful propensity of the stress to the individual, and
The classification of resources required to decrease, endure or decimate the stressor and the stress it produces.
The answer to this question is a problem.
Problem is a situation that everybody encounters that is needed for a solution or a specific result. Problems cannot be ignored or avoided, a person should should know how to solve it and deal with the problem once it hits you. In order to deal with problems, a person should always focus on the outcome and the possible solution to it.
Answer:
I personally like UPS because most of the times I have to send documents or goods domestically and UPS is very well known for its domestics shipments and I also prefer it because of its low rates as compared to FedEx which has higher rates. I am also comfortable with UPS because of its customer services. They respond to your query very quickly and try to resolve it as soon as possible. Their first priority is always their customers.
