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2 years ago

Which term describes what a manufacturer spends for goods or services?

Business

2 answers:

MA_775_DIABLO [31]2 years ago

5 0

"Cost" is a term describes what a manufacturer spends for goods or services.

Cost refers to the financial value of goods and services that producers and shoppers buy. In a fundamental financial sense, cost is the proportion of the elective open doors inevitable in the decision of one great or action over others. This basic expense is generally alluded to as happenstance cost. For a buyer with a settled pay, the open door cost of obtaining another residential machine might be, for instance, the estimation of a get-away outing not taken.

Hoochie [10]2 years ago

4 0

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

Cost is a term describes what a manufacturer spends for goods or services.

In production, research, retail, and accounting, a cost is the value of money that has been used up to produce something, and hence is not available for use anymore. In business, the cost may be one of acquisition, in which case the amount of money expended to acquire it is counted as cost.

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Answer: Block worldwide

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2 years ago

Read 2 more answers

There are four seats on the board of directors of MMT, Inc., up for election. The firm has 175,000 shares of stock outstanding a

Archy [21]

Answer:

We must spend $575,023 to acquire sufficient shares to guarantee your election to the board

Explanation:

To calculate the number of shares, the below formula will be used

Number of shares = [(S * X) / (D + 1)] + 1

S = Total number of shares, X = Number of seats you want to leave, D = Total number of seats

Number of shares = (175,000 * 1) / (4 + 1) + 1

Number of shares = (175,000 / 5) + 1

Number of shares = 35,000 + 1

Number of shares = 35,001

We control 35,001 if we wants to guarantee election to the board.

The additional no of shares that we need to buy is as calculated below as we already owns 10,000 shares

Cost = (Number of shares required - Number of shares already owned) * Price per share

Cost = (35,001 shares - 10,000 shares) * $23

Cost = 25,001 shares * $23

Cost = $575,023

Thus, it will cost us $575,023 to guarantee that we will be elected to the board.

4 0

2 years ago

The determinants of aggregate demand Multiple Choice explain shifts in the aggregate demand curve. explain why the aggregate dem

tamaranim1 [39]

Answer:

shifts in the demand curve

Explanation:

Aggregate demand is total value of goods and services demanded at a particular time in an economy. It indicate goods and services that will be bought at different prices.

The determinants of aggregate demand are factors that could cause shift in aggregate demand curve either to the left or right. A shift in aggregate demand curve to the right means an increase in quantity demand while a shift to the left means a decrease in quantity demand at every price level.

The determinants are ;

Price of the goods - An increase in price of the goods itself will bring about shift in the demand curve to the left and vice versa

Consumer expectations- When consumers expect price of goods to be high, demand curve would shift to the right and vice versa.

Price of related goods- An increase in price of related or complementary good would cause the demand to either shift to the left or right.

Income of the buyers - Increase in come of buyers would shift the demand curve to the right and vice versa.

Taste or preference of consumers- When consumer's preference shift in favour of a product, demand for such product would increase thus shifting the demand curve to the right.

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2 years ago

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2 years ago

Which of these best fits the definition of interest, as it applies to finance? a. interest is the money earned by investing. b.

ladessa [460]

The definition for interest in terms of finance is interest is the cost of borrowing. Therefore the correct option is (B).

<h3>What is Finance?</h3>

Finance refers to the money or the funds required by the company to undertake the business projects. Here, finance is the separate field of the study taught to the management students.

Interest refers to the amount charged to the borrower to the lender on the loan facility provided to them. Every lender charges the rate of the interest according to his will.

Bank also charge the rate of the interest on the loan provided to the customer. Therefore the correct option is (B).

Learn more about Finance here:

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1 year ago