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Vlad1618 [11]
3 years ago
11

Willingness to pay

Business
1 answer:
alex41 [277]3 years ago
4 0

Answer:

The correct answer is option a.

Explanation:

The willingness to pay for a product can be defined as the maximum amount an individual is willing to procure or obtain a product. The price of a product lies between a consumer's willingness to pay and a seller's willingness to accept.  

The willingness to accept is the minimum amount a seller is willing to accept to let go of a product. Willingness to pay indicates how valuable good is for the buyer.

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Joe quits his computer programming​ job, where he was earning a salary of ​$65,000 per​ year, to start his own computer software
Verizon [17]

Answer:

The accounting cost and the economic cost associated with​ Joe's computer software business is $75,00 and the $165,000 respectively.

Explanation:

The computation of the accounting cost and the economic cost is shown below:

Accounting cost =  Other Expenses + Salary paid to himself

                           = $35000 + $40,000

                           = $75,000

Economic cost = Accounting cost + Salary expense + Rent expenses

                        = $75,000 + $65,000 + $25,000

                        = $165,000

8 0
3 years ago
Taco Loco is unsure whether the amount of beef that their computer thinks is in inventory is correct. What is the range in value
STALIN [3.7K]

Answer:

C: 17.78-30 pounds

6 0
4 years ago
By definition, employee engagement encompasses which of the following dimensions?
Mariulka [41]

Answer:

a, motivational

b, emotional

c, Rational

Explanation:

Employees engagement is level to which an employee has passion for his/her job (motivation), commitment to the firm (emotion) as well as his/her rational input in his/her efforts (rationality or use of discretion).

Employee engagement could be mistaken for employee satisfaction but they are not related.

5 0
4 years ago
Nelson Industries makes widgets using a two-step process that involves machining first and assembly second. In the Machining Dep
alexira [117]

Answer:

12,600

Explanation:

Concept of Equivalent units of production measures the number of units in terms of percentage completion in input elements of the process.

<u>The equivalent units of production for materials</u>

Note : all materials are issued at the beginning of the process, therefore materials are 100% complete in both Widgets transferred out and Ending widgets.

Calculation :

transferred out (8,600 × 100%)     = 8,600

ending inventory  (4,000 × 100%) = 4,000

total                                                 = 12,600

Therefore,  the equivalent units of production for materials in the Machining Department is 12,600.

4 0
3 years ago
When each partner contributes capital and owns a specified right to a percentage of the proceeds from the alliance, the collabor
JulijaS [17]

Answer:

The correct answer is "equity ownership"

Explanation:

When each partner contributes capital and owns a specified right to a percentage of the proceeds from the alliance, the collaborative relationship is referred to as equity ownership.

represents the amount that would be returned proportionally to the company shareholders

7 0
3 years ago
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