Answer:
understate the impact of a tax for substitutes and overstate the impact for complements.
Explanation:
Partial equillibrum analysis is consideration of only a part of the market to attain equillibrum. It is based on data that has restricted range. For example when the price of one good changes while others are held constant. This does not consider real life scenario that multiple prices are changing.
In this type of analysis there is less emphasis on tax on subsititutes and more for complements. This is because a single product is being considered and compliments share similar demand pattern so they are considered more.
Answer:
3
Explanation:
Differentiated marketing
This is when a company on purpose creates products that attract at least two or more market segment s or target groups. In the case of Pure& Natural Inc selling six differnt brands of laundry detergent, this brands are tailored to meet the specification and requirement of different market segments. To buttress the point a shoe company that makes shoe for both men and women, this are two different target groups within one company
Logical view focuses on how individual users logically access information to meet their own particular business needs.
Answer:
a. 0.36
Explanation:
The computation of the gross profit rate is shown below:
Gross profit rate = Gross profit ÷ Net sales revenue
where,
Net sales revenue = Sales revenue - Sales return and allowances - sales discounts
= $160,000 - $3,000 - $7,000
= $150,000
And, the Cost of goods sold is $96,000
So, the gross profit is
= $54,000 ÷ $150,000
= 0.36
Answer:
47,000
Explanation:
Impairment Loss = Book Value − Fair Value
$180,500 − $133,500 = $47,000