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Westkost [7]
3 years ago
14

Frany and Frank live in southern Alabama where winters are normally fairly mild. Last January, during an unusually cold spell, t

he water pipes in their house froze and burst. Frany had to search online for a local plumber who came out and repaired the pipes the same day. The plumber's services represent an example of a(n) ________.
Business
1 answer:
m_a_m_a [10]3 years ago
6 0

Answer: Unsought service

Explanation:

The unsought service is basically refers to the unsought goods where the goods are purchased due to the fear of the danger and the lack of the desire to buying the product or the services.

The reference books, encyclopedia and the fire extinguishers are some common examples of the unsought services.

According to the given question, the plumber service best illustrate the example of the unsought services.

Therefore, the unsought service is the correct answer.

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May, Inc. had the following transactions in 2019, its first year of operations: Issued 22,000 shares of common stock. The stock
tatuchka [14]

Answer:

The amount of paid-in capital        $

Common stocks (22,000 x $2)      44,000

Preferred stocks (1,800 x $120)     216,000

Amount of paid-in capital               260,000

The correct answer is C

Explanation:

The amount of paid-in capital is the total of paid-in capital of common stocks and paid-in capital of preferred stocks. The paid-in capital of each stock is computed as number of stock multiplied by par value of each stock.

6 0
3 years ago
when perfectly competitive firm X sells three units of product Z, its marginal revenue is $4.67. when it sells one hundred units
Ghella [55]

Answer:

B) $4.67

Explanation:

By definition marginal revenue is the revenue generated by the sale of one more unit of product Z.

Marginal revenue = unit price

Since firm X participates in a perfectly competitive market, it is a price taker, and since the marginal revenue is constant, we can assume that this is the equilibrium price of product Z.  

3 0
3 years ago
What would NOT cause Duff beer’s production possibilities curve to expand in the short run?
VARVARA [1.3K]

The answer is C. Increased demand

6 0
3 years ago
Boeing does not manufacture all the components of the Dreamliner at its own factory in the United States because​ _________. A.
nlexa [21]

Answer:

Answer 1: C. Boeing wants to produce the Dreamliner at the least possible cost. To do so Boeing buys from the firms that have the lowest costs for delivering the components.

Answer 2: B. Boeing would be able to make more business decisions about the Dreamliner

Explanation:

Answer 1: It is cost effective for Boeing to manufacture all the components of the Dreamliner buy purchasing from the components from other firms instead of manufacturing them in its factory in the United States.

Answer 2: If Boeing manufactured all the Dreamliner's components in its own factories, they would have the upper hand in making more of the business decisions of that concerns the Dreamliner.

3 0
3 years ago
Failure to pay on a mortgage is called
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The failure to pay on a mortgage is default. Basically, the default is the failure to meet legal responsibilities in a contract, including the failure to pay back a loan. A mortgage is considered a default when a payment is late for 30 days or more. 
6 0
3 years ago
Read 2 more answers
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