What is the best answer choice

What do consumers and business in the market economy seek to do ?

Ivanshal [37]

Consumers and business in the market economy seek to earn money so they can buy products so that they don't go out of business.

6 0

3 years ago

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MC Qu. 151 Using the information below for... Using the information below for Sundar Company; determine the total manufacturing

Sphinxa [80]

Answer:

Manufacturing Cost = 94,100

Explanation:

Given that,

Direct materials used = $ 20,500

Direct labor used = 26,000

Factory overhead = 47,600

Beginning work in process = 12,200

Ending work in process = 12,800

Manufacturing Cost = Direct Material + Direct Labor + Factory Overhead

Manufacturing Cost = $20,500 + 26,000 + 47,600

Manufacturing Cost = 94,100

5 0

3 years ago

How many years would it take an amount of money to double if it is invested at a rate of 8% compounded continuously

trapecia [35]

Answer:nine years

Explanation:The result is the number of years, approximately, it'll take for your money to double. For example, if an investment scheme promises an 8% annual compounded rate of return, it will take approximately nine years (72 / 8 = 9) to double the invested money.

5 0

2 years ago

Sue’s Jewelry sold 20 necklaces for $25 each to a credit customer. The invoice included a 6% sales tax and payment terms of 2/10

ratelena [41]

The right answer for the question that is being asked and shown above is that: "B. debit to Sales Returns and Allowances for $125.00. " Five necklaceswere returned prior to payment. The entry to record the return would include a B. debit to Sales Returns and Allowances for $125.00.

3 0

3 years ago

Some companies attempt to maximize the revenue they receive from fixed operating capacity by influencing demands through price m

rosijanka [135]

Answer: Revenue management

Explanation: Revenue management is the process under which an organisation tries to analyze the consumer behavior. This analysis is further used for the objective of making product available in right quantities and at right price so that revenue could be maximized.

In the given case, the company is trying to influence demand by manipulating price, thus , they most be analyzing the relevant factors to do so.

Hence, we can conclude that this is an example of revenue management .

7 0

3 years ago