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Ugo [173]
3 years ago
13

Marcie goes to the salon and has a pedicure and a manicure. What has Marcie purchased from the salon?

Business
1 answer:
Masja [62]3 years ago
6 0

Answer:

3. A service

Explanation:

Both pedicure and manicure are services therefore Marcie has purchased a service from the salon, there are no goods being traded in this transaction therefore option 1 and 2 are incorrect.

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Incremental costs - Initial and terminal cash flow
Black_prince [1.1K]

Answer:

c. $504,000

Explanation:

Total cost of new equipment = Price of equipment + Shipping & Installation costs = $3,200,000 + $160,000 = $3,360,000

Increase in working capital = Increase in inventories & account receivables - Increase in accounts payable = $640,000 - $256,000 = $384,000

Total Initial net investment outlay = $3,744,000 ($3,360,000+$384,000)

Project terminal cash-flow = Sale value of equipment (after tax) + Recovery of working capital = $200,000*(1-0.40) + $384,000 = $120,000 + $384,000  = $504,000

5 0
3 years ago
A country has passed a law setting a minimum wage for factory workers 5% below the equilibrium price. How will this law impact t
kogti [31]
This law will impact the labor market cause of low pay rate that will stop more people from applying for that job
6 0
3 years ago
Compensation for your employer over and above your income describes:
nata0808 [166]

The compensation that can be provided to the employer over and above employee's income could be an Insurance payment or accumulated Tax refund.

<h3>What is Insurance?</h3>

Insurance is a financial plan that promises to mitigate any loss suffers.

<h3>What is Tax refund?</h3>

A tax refund entails money return to an organization if they pay more tax than they should.

In conclusion, the compensation that can be provided to the employer over and above employee's income could be an Insurance payment or accumulated Tax refund.

Read more about compensation

<em>brainly.com/question/25301308</em>

6 0
3 years ago
Which of the following statements is correct?
Kamila [148]

Answer:

The correct answer is d. Different economic models employ different sets of assumptions.

Explanation:

To approach the study of economic reality it is necessary, in some way, to simplify it; keep certain variables under control. Precisely for this, it is that economic models are built.

Economic models are built on principles of departure, called "assumptions." Such assumptions fulfill the same role as the postulates in geometry. That is:

  1. They are not subject to deduction from other more basic principles.
  2. They are "reasonably" true but not necessarily verifiable.
  3. They function as premises in the logical structure to deduce the conclusions and correlations found in the lowest levels of generality.

We can say then, that the theoretical explanations refer to invisible "relationships", whose existence is proposed by the theory, and whose implications are logically deduced, and then corroborated by observations. They consist of:

  1. Assumptions (eg subjects want to maximize their earnings).
  2. Relevant variables (eg price and quantity).
  3. Binding hypothesis (eg quantity demanded based on price).
  4. Conclusions or predictions of observable facts (eg prices will rise).
5 0
3 years ago
At what point does entertainment end and marketing begin? Why did you draw the line there?
Tcecarenko [31]

Answer:

Explanation:

The central idea behind marketing is the idea that a firm or other entity will create something of value to one or more customers. The end objective of marketing is selling a product and in this case we presume marketing means advertisement.

Entertainment can be separated from marketing activities and appeal of entertainment can be used to achieve different goal. Entertainment can only be used for holding attention and interest of audience that would be the consumer or it gives pleasure or delight. It is an idea or task which is developed for keeping attention of audience and this process is accelerated by entertainment industry in order to sell entertainment product. But according to psychologists entertainment is just attainment of gratification and no other result or measurable benefits can be achieved by entertainment and role of entertainment ends here. Marketing begins with encouraging people towards purchasing the commercial product. Behind the scenes tactics like advertising, production, placement and pricing incorporated in marketing. Main objective of marketing is attracting consumers towards the product or services provided by the organization. While entertainment just hold attention and interest of consumers and it is the line between..The central idea behind marketing is the idea that a firm or other entity will create something of value to one or more customers. The end objective of marketing is selling a product and in this case we presume marketing means advertisement.

Entertainment can be separated from marketing activities and appeal of entertainment can be used to achieve different goal. Entertainment can only be used for holding attention and interest of audience that would be the consumer or it gives pleasure or delight. It is an idea or task which is developed for keeping attention of audience and this process is accelerated by entertainment industry in order to sell entertainment product. But according to psychologists entertainment is just attainment of gratification and no other result or measurable benefits can be achieved by entertainment and role of entertainment ends here. Marketing begins with encouraging people towards purchasing the commercial product. Behind the scenes tactics like advertising, production, placement and pricing incorporated in marketing. Main objective of marketing is attracting consumers towards the product or services provided by the organization. While entertainment just hold attention and interest of consumers and it is the line between... entertainment and marketing.

.

7 0
4 years ago
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