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melisa1 [442]
3 years ago
6

Alex is at the hardware store comparing different types of piping for a repair in his home kitchen. He can choose between copper

piping or plastic piping. He knows that copper piping is stronger but more expensive. He also knows that plastic piping will work for the job that he is doing, and it is less expensive Based on the information presented in this scenario, what can you determine about the copper piping?
a. Copper is a resource that is less scarce then plastic.
b. Copper is more freely available than plastic.
c. Copper is a renewable resource.
d. Copper is a scarce resource, which increases its value.
Business
2 answers:
Sati [7]3 years ago
8 0

Answer:

D. Copper is a scarce resource, which increases its value.

Explanation:

ED2020

SIZIF [17.4K]3 years ago
5 0

Answer:

D. Copper is a scarce resource, which increases its value.

Explanation:

Scarcity determine how much a certain type of resources is available. When the resources become less available, The price of that resources tend to increase.

Since producing copper is way harder than producing plastic, Producer needs a way to accommodate the bigger efforts that they need to make to produce the copper. This justify  why the price of copper is higher.

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a sophisticated blank test might involve manipulating an advertising variable like schedule or copy through cable systems, and o
erma4kov [3.2K]

A sophisticated  sales test might involve manipulating an advertising variable like schedule or copy through cable systems, and observing the affects on purchasing at local supermarkets.

What is advertising variable?

  • Although advertising expenditures can change greatly, they are not regarded as variable costs.
  • Instead, marketing costs are fixed, meaning they don't change based on how many goods or services you offer to customers.

Why is marketing considered a variable cost?

  • Businesses may set aside a specific amount for advertising within their fixed marketing budget, despite having a fixed budget for marketing.
  • Advertising is therefore a current expense rather than a fixed one. Therefore, whether it be print or online, businesses must spend money on advertising.

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3 0
1 year ago
It becomes particularly urgent for a company to consider diversification when there are
elena-s [515]
<span>The company could consider diversifying when sales are beginning to slow and there is a way to leverage some of the business's core competencies in other areas that would be more competitive. In addition, this could allow the business to not worry about being "all-in" in a certain area, where that area's success or failure could lead to the entire business thriving or failing. By diversifying itself, the business can also lower production and sales costs or increase overall sales.</span>
6 0
3 years ago
Walters manufactures a specialty food product that can currently be sold for $21.20 per unit and has 19,200 units on hand. Alter
sdas [7]

Answer:

$37,760

Explanation:

The income for the current operation, without further processing, is given by:

I_1 = 19,200*\$21.20\\I_1=\$407,040

If the product is further processed at a cost of $11,200, the company would sell 11,200 units at $31,80 each and 5,200 at $19.20 each, for an income of:

I_2= 11,200*\$31.80+5,200*\$19.20-\$11,200\\I_2=\$444,800

Therefore, the incremental net income of processing further would be:

\Delta I=I_2-I_1=\$444,800-\$407,040\\\Delta I=\$37,760

The incremental net income would be $37,760.

5 0
2 years ago
Suppose a self-regulating economy is in a recessionary gap at the time the Fed enacts expansionary monetary policy. Furthermore,
anzhelika [568]

The combination of expansionary monetary policy and a self-regulating economy will cause real GDP will rise to the level above natural real GDP and the recessionary gap would hence turn into an inflationary gap situation.

<h3>What do you mean by monetary policy?</h3>

Monetary Policy refers to the control of the quantity of money available in an economy through which new money is supplied.

The self-regulating economy experiences a recessionary gap. The real GDP is less than the level of natural real GDP. The gap is been corrected by the rightward shift in the short-run aggregate supply curve.

Due to interplay, real GDP will rise to the level above natural real GDP and the recessionary gap turn into an inflationary gap.

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8 0
2 years ago
The corporate charter of Martin Corporation allows the issuance of a maximum of 4,000,000 shares of $1 par value common stock. D
Mrrafil [7]

The question is incomplete. Here is the complete question

The corporate charter of Martin Corporation allows the issuance of a maximum of 4,000,000 shares of $1 par value common stock. During its first three years of operation, Martin issued 3,200,000 shares at $15 per share. It later acquired 30,000 of these shares as treasury stock for $25 per share. Based on the above information, answer the following questions:

a. How many shares authorized?

b. How many shares were issued?

c. How many shares are outstanding?

d. What is the balance of the Common Stock account?

e. What is the balance of the Treasury Stock account?

Answer:

(a) 4,000,000 shares

(b) 3,200,000 shares

(c) 3,170,000 shares

(d) $3,200,000

(e) $750,000

Explanation:

(A) Number of shares that was authorized is 4,000,000

(B) Number of shares that was issued is 3,200,000

(C) The number of shares outstanding can be calculated as follows

= number of shares issued-acquired shares in the treasury stock

= 3,200,000-30,000

= 3,170,000

(D) The balance of common stock account can be calculated as follows

= number of shares that was issued-per value

= 3,200,000×$1

= $3,200,000

(E) The balance of the treasury stock account can be calculated as follows

= acquired shares in the treasury stock×price per share

= 30,000×$25

= $750,000

6 0
3 years ago
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