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3 years ago

19. The usefulness of a product to consumers is referred to as product:

Business

2 answers:

uranmaximum [27]3 years ago

4 0

Answer:

The usefulness benefits that a consumer receives from buying and using products or services is called utility... so it's B). ♡ hope this helps ♡

Romashka [77]3 years ago

3 0

The answer should is b “utility”

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Suppose that students at Big University buy season football tickets at the beginning of the fall semester. Everyone expects that

Elena L [17]

Answer:

A) The current supply will shift to the left

Explanation:

The supply curve shifts to the left when the total quantity supplied decreases, which results in a price increase at any given quantity.

If everyone expects that the football team will have a great season, the quantity demanded for tickets will increase, which will increase their price. But the suppliers will also hold to their tickets until a day or two before the games to increase expectations and fans' anxieties. That way the price will increase even more, and they will make a higher profit.

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3 years ago

A rich uncle wants to make you a millionaire. How much money must he deposit in a trust fund paying 12% compounded quarterly at

Reptile [31]

Answer:

P=24.92 per quarter

Explanation:

this problem can be solved applying the concept of annuity, keep in mind that an annuity is a formula which allows you to calculate the future value of future payments affected by an interest rate.by definition the future value of an annuity is given by:

$s_{n} =P*\frac{(1+i)^{n}-1 }{i}$

where $s_{n}$ is the future value of the annuity, $i$ is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:

$s_{60*4} =P*\frac{(1+(0.12/4))^{60*4}-1 }{(0.12/4)}$

we will asume that deposits are made as interest is compounded it is quarterly thats why we multiply 60 and 4 and also we divide 12% into 4, so:

$1,000,000 =P*\frac{(1+(0.12/4))^{60*4}-1 }{(0.12/4)}$

solving P

P=24.92

8 0

3 years ago

Zhao Co. has fixed costs of $429,000. Its single product sells for $187 per unit, and variable costs are $122 per unit. If the c

otez555 [7]

Answer:

$635,000 and : 34%

Explanation:

Margins of safety is the difference between expected sales and the break-even point.

For Zhao, expected sales are 10,000 units

The break-even points in units = fixed cost/ contribution margin per unit

fixed costs = $429,000

Contribution margin per unit = selling price - variable costs per unit

=$187 - $122

=$65

break-even point in units = $429,000/$65

break-even point = 6600 units

Margin of safety = 10,000 - 6600 units

=3400 units

In dollars is equal to margin of safety in units x selling price

=3400 x 187

as a percent of expected sales.

=3400/10000 x 100

=0.34 x 10,000

=34%

4 0

3 years ago

The operations vice president of security home bank has been interested in investigating the efficiency of the bank’s operations

aliya0001 [1]

The costing study of bank operation goes thus:

<h3 /><h3>Opening accounts:</h3>

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 5% = $8,000

Asst. branch manager salary $75,000 x 15% = $11,250

Branch manager salary $80,000 x 5% = $4,000

Total $23,250

Activity rate of opening accounts = Total cost of opening accounts / new accounts opened

Activity rate = $23,250 / 500 = $46.50 per new account

<h3>Processing deposits and withdrawals:</h3>

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 65% = $104,000

Asst. branch manager salary $75,000 x 5% = $3,750

Branch manager salary $80,000 x 0% = $0

Total $107,750

Activity rate of opening accounts = Total cost of processing deposits and withdrawals / deposits and withdrawals processed

Activity rate = $107,750 / 100,000 = $1.08 per deposit and withdrawal processed

<h3> Processing other customer transactions:</h3>

Distribution of Resource Amount Percentage Amount

Teller wages $160,000 x 20% = $32,000

Asst. branch manager salary $75,000 x 30% = $22,500

Branch manager salary $80,000 x 10% = $8,000

Total $62,500

Activity rate of opening accounts = Total cost of processing other customer transactions / other customer transactions processed

Activity rate = $62,500 / 5,000 = $12.50 per other customer transactions processed

learn more about costing of bank operation from here: brainly.com/question/988393

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2 years ago

The tax incidence (A) is the manner in which the burden of a tax is shared among participants in a market. (B) can be shifted to

8090 [49]

Answer:

(A) is the manner in which the burden of a tax is shared among participants in a market

Explanation:

Tax incidence refers to the burden of a tax between buyers or sellers or other stakeholders.

When price elasticity of supply is greater than price elasticity of demand, i.e a change in price causes supply to change more than demand, the tax incidence is said to be more burdensome for the buyers and vice versa.

It represents the distribution of tax burden to various sections of a society such as producers, consumers, etc.

For example, if taxes and duties are raised on alcohol or cigarettes, the producers shall transfer such burden on the consumers by covering their margin and raising prices. Thus, in such a case, the tax incidence would be borne by the consumers.

4 0

3 years ago