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3 years ago

Which of the following is an advantage of being an entrepreneur in the consumer service industry?

2 answers:

5 0

The only initial investment is the hard goods. business basics can be learned along the way as well but the first one is most beneficial.

choli [55]3 years ago

3 0

The only initial investment required is the purchase of hard goods. This is an advantage of being an entrepreneur in the consumer service industry. When you service other people (consumers) you are making an initial large investment of what you need to start however the materials overtime, are less and less of an expense because most of the work for customer service is facilitating their needs.

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Match the Activity Level with the proper definition. a. Activities performed for each unit of production b. Activities performed

labwork [276]

Answer:

Activity-based costing involves the identification and assignment of cost to different activities in an organization. As per definitions, the correct match of these activity descriptions and their key terms would be as follows:

A). Unit-level activities - These include Activities performed for each unit of production.

B). Batch-level activities - It includes Activities performed for each batch of products rather than each unit.

C). Product-level activities - These activities include the Activities performed in support of an entire product line but are not always performed every time a new unit or batch of products is produced.

D). Facility-level activities - These are the Activities required to support or sustain an entire production process.

E). Customer Level Activities - These Activities are required for supporting every single customer.

7 0

3 years ago

Q 8.3: voight company's account balances at december 31 for accounts receivable and allowance for doubtful accounts were $1,400,

S_A_V [24]

Would do for more points

7 0

3 years ago

Select the best answer for the question.

irina [24]

Answer:

94 V

Explanation:

Here we don't have the figure showing the circuit and how the resistors are connected: therefore, we have to make some assumptions.

Here we will assume that the three resistors are connected in series: this means that they are connected along the same branch, and therefore, the current flowing through them is the same.

As a result, the total voltage drop across some resistors in series is given by the sum of the voltage drops on each resistor.

Therefore, for three resistors in series

$V=V_1+V_2+V_3$

Where here we have:

$V_1 = 56 V$ is the voltage drop on the 1st resistor

$V_2=35 V$ is the voltage drop on the 2nd resistor

$V_3=3 V$ is the voltage drop on the 3rd resistor

Substituting into the equation, we find:

$V=56+35+3=94 V$

7 0

3 years ago

If nothing changes except that producers sell more of a good or service when the price increases, we know this is an example of

Sever21 [200]

Answer:

If nothing changes except that producers sell more of a good or service when the price increases, we know this is an example of the law of SUPPLY

Explanation:

The law of supply is simply termed as when there is an increase in quantity of goods also results into an increase in the price although every other factors must remain the same

8 0

4 years ago

In the cartel model Group of answer choices firms believe that price increases result in a very elastic demand, while price decr

bekas [8.4K]

Answer:

firms coordinate their decisions to act as a multi-plant monopoly..

Explanation:

A cartel is a group of countries or firms that have reached an agreement to work together in order to influence or decide market prices for goods and services by controlling sales and the level of production or quantity of output.

In the cartel model firms coordinate their decisions to act as a multi-plant monopoly, wherein the level of production or quantity of output is divided into many production plants.

The main purpose of having the cartels do this is to make marginal cost (MC) equal to marginal revenue (MR) in the various production plants, so as to create monopoly profits by making sure each plant has its own cost.

8 0

3 years ago