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AleksAgata [21]
3 years ago
14

You own an art supply store and the total sales in your trading area equal $17,500. your store accounts for $6,000 of the total.

in this scenario, $6,000 refers to your:
Business
1 answer:
ikadub [295]3 years ago
3 0
In this case, the $6,000 refers to your sales. If expenses and returns were deducted it will be your net sales. Sales refers to the activity of selling an amount of goods or services to consumers who enter your storefront. The goal is to make sure your sales are greater than all of our expenses to make sure you are turning a profit each month.
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Sarah is a financial planner and wants to sell fixed-income investments. Which license does she need to procure?
dimaraw [331]
The answer is series 7 which is for investment agents <span>who want to sell </span>fixed-income<span> investment products such as bonds, stocks, and packaged products.</span>
4 0
3 years ago
Read 2 more answers
At Zooey’s elementary school, children are not allowed to trade lunches or components of their lunches with other students. Lunc
Pachacha [2.7K]

Answer: c. preventing a market that would generate mutually beneficial trades.

Explanation:

Zooey could argue that the policy of lunch trades is preventing a market that would generate mutually beneficial trades because if people were allowed to trade what they want for what they have with people who have what the first person wants and wants what the first person has, that can be beneficial to both of them.

It is not unlike the system of batter trading that existed before money where people traded what they had for what they wanted.

One should be very careful here though because there are multiple disadvantages involved such as kids exchanging away more nutritious food and food poisoning.

5 0
4 years ago
The extent to which the dominant values in a society emphasize aggressiveness and the acquisition of money and other possessions
klasskru [66]

Answer:

masculinity

Explanation:

Geerte Hofstede's theory of national cultural established 5 dimensions:

  • Power distance (PDI)
  • Individualism versus collectivism (IDV)
  • Masculinity versus femininity (MAS) : masculinity emphasizes ambition and wealth accumulation, while femininity emphasizes caring and nurturing behaviors, environmental awareness and gender equality.
  • Uncertainty avoidance (UAI)
  • Long-term orientation (LTO)

3 0
3 years ago
Frances, an executive with GMO Seed &amp; Feed, Inc., has to decide whether to market a product that could offer substantial ben
Y_Kistochka [10]

Frances must stand by his ethical standards and defer his plans to market the product.

Explanation:

Frances is stranded amidst classic case of an ethical dilemma. The ethical dilemma is an ethical perspective which puts a person in a state of to do or not. This is common and everyone undergoes through this phase for more than once in his/her lifetime.

The dilemma arises due to the substantiative profits that he can earn from marketing the product and his ethical concerns that the product is harmful for a section of the user. He needs to stick to his ethical standards and put the products to more rigorous tests and research. This would enable him to market his products in the future with some twitches and upholding his ethical concerns too.

3 0
3 years ago
The profit-maximizing rule for a firm hiring both labor (L) and capital (C) under conditions of imperfect competition is g
amid [387]

Answer:

the least cost rule

Explanation:

Imperfect markets are those where all the conditions for perfect markets don't exist. In perfect markets, the profit maximizing rule for hiring labor is that you will continue to add labor until marginal revenue product = marginal cost of labor. The same applies for capital or land which are the other factors of production.

But on imperfect markets, this is not that clear, the equation in this case would be:

least cost rule ⇒ marginal product of labor / marginal cost of labor = marginal product of capital / marginal cost of capital

8 0
3 years ago
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