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blsea [12.9K]
3 years ago
6

The graph shows a production possibilities curve for a company. Which area

Business
2 answers:
HACTEHA [7]3 years ago
5 0

Answer:d

Explanation:

Apex

egoroff_w [7]3 years ago
3 0

Answer:it’s d

Explanation:

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A free enterprise system provides individuals the opportunity to make their own economic decisions, without restrictions from th
ozzi

Explanation:

The free enterprise system is one influenced by the market, which will determine all economic variables, such as price, products and services, and is a system independent of government control to function.

Therefore, it is correct to state that in a free enterprise system, the offer and demand of the consumer for a product or service that will be the determinant of the success or failure of an organization.

As an example of an entrepreneur, we can mention Steve Jobs, who created one of the largest technology companies in the world, Apple. The free enterprise system was one of the reasons for Apple to succeed in becoming one of the most valued companies in the world, due to the fact that it brought innovative products to the market that became examples of products of value to consumers, which made company to grow and become so successful in the market. If the company operated in a government-controlled market, it would probably have to follow specific rules and restrictions for the production of its products that could limit the company, and its performance could be restricted and not as innovative as the company in the market, which is one of the reasons why it achieved success.

5 0
3 years ago
A construction company entered into a fixed-price contract to build an office building for $28 million. Construction costs incur
Radda [10]

Answer:

$3.2 million

Explanation:

The revenue and gross profit or loss which the company identify in the first and second year if it recognizes revenue upon contract completion is calculated below.

Total costs = Incurred costs + estimated costs to complete = $8 million + $12 million = $20 million

Revenue to recognize = $8m/$20m*$28m = $11.2 million

Gross Profit = Revenue recognized less costs incurred

= $11.2m - $8m = $3.2 million

4 0
3 years ago
Natraj Corporation uses the weighted-average method in its process costing system. Operating data for the Lubricating Department
bazaltina [42]

Answer: $41,520

Explanation;

Equivalent units of production are used when some goods have not been fully processed but costs need to be attached to them. The incomplete ones will be converted to complete goods depending on how far along the production process they are.

Equivalent units for conversion costs = Transfers out during October + Ending WIP * Percentage completion

= 37,800 + (5,700 * 60%)

= $41,520

4 0
3 years ago
A company is targeting consumers who have not purchased its products for several months. It is segmenting the consumer market ba
Nina [5.8K]

Answer:

Usage Rate.

Explanation:

A company is targeting consumers who have not purchased its products for several months. It is segmenting the consumer market based on usage rate. It is one of the type of behavioral segmentation where markets are segmented on the basis of consumers knowledge, response towards product, usage rate and attitude. Marketers divide the markets into nonusers, ex-users, potential users, first time users and regular users in order to target them accordingly.

3 0
3 years ago
Lana Reid is an accounting clerk at Tenity Enterprises who is paid $18.15 per hour. During a week’s pay period, she worked 39 ho
butalik [34]

Answer:

$720.25

Explanation:

Given data:

Lana salary per hour = $18.15

total hour of work by her is 39 hr 41  minutes

we know from hundredth hour pay method

hundredth hr for 41 mints is = \frac{(41}{60}) \times  100 = 68.33

so we have  39 hrs 41 minutes that can be written as = 39.6833

So, salary for 39.6833 is = $18.15 \times 39.6833 = $720.25

4 0
3 years ago
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