In the Tito's Vodka case study, trends in cocktails were studied to create a quarterly recipe for customers. The statement is true.
<h3>
What are cocktails?</h3>
- The Oxford Dictionaries define cocktail as "An alcoholic drink consisting of a spirit or spirits mixed with other ingredients, such as fruit juice or cream".
- A cocktail can contain alcohol, a sugar, and a bitter/citrus. When a mixed drink contains only a distilled spirit and a mixer, such as soda or fruit juice, it is a highball.
- Many of the International Bartenders Association Official Cocktails are highballs. When a mixed drink contains only a distilled spirit and a liqueur, it is a duo, and when it adds a mixer, it is a trio. Additional ingredients may be sugar, honey, milk, cream, and various herbs.
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Answer:
Standard cost= $88 per unit
Explanation:
Giving the following information:
Its specifications call for 2 square yards of wool per coat. The budgeted price of wool is $44 per square yard.
To calculate the standard cost per unit, we need to multiply the total direct material quantity per unit for its unitary cost.
Standard cost= 2sq*$44= $88 per unit
Answer:
The correct answer is option A.
Explanation:
The bureau of labor statistics works under the department of labor. It collects information regarding, unemployment rate, types of employment, etc. It provides monthly data on the unemployment rate.
The BLS considers people who are jobless, actively looking for work and available for work as unemployed. Those people who are jobless and not actively looking for work are considered discouraged workers. These workers are not included in the labor force.
The unemployment rate is calculated as the ratio of a number of unemployed workers to the total labor force.
In the survey by BLS, some discouraged workers falsely report themselves as actively looking for work even when they are not. These workers get included in unemployed workers and the total labor force. This causes the unemployment rate to be overstated.
Answer:
A. Increasing Marginal Utility B. Yes, John will spend
Explanation:
Total Utility is the total satisfaction from all units of consumption
Marginal Utility is additional satisfaction from an additional consumption unit.
Coca Cola TU MU
1 10 10
2 25 15 (25-10)
3 50 25 (25-15)
John's Marginal Utility is increasing each time in succeeding unit over its preceding unit.
b. John having $3, price of a coke = $1: will be willing to spend 1st 2nd & 3rd dollar on coke consumption because - its gainful for him (MU > P) each time.
Answer:
manager of a retail store
Explanation:
consumer services has to do with handling money and the manager of a retail store is the only option that they handle money
