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3 years ago

An augmented product is any extra value that is attached to a physical product that is sold.

1 answer:

4 0

An augmented product is something that has physical and non-physical attributes that add to the value of the product itself.

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Suppose some firms exit an industry characterized by monopolistic competition. We would expect the demand curve of a firm alread

Anastaziya [24]

Answer:

b. shift to the right.

Explanation:

A monopolistic competition is when there are many sellers of differentiated goods and services in an industry. Firms set the market price for their goods and services.

If firms leave the industry, the number of firms available to cater to consumers needs have reduced while the amount of consumers remain the same. Customers of the firms that exited the industry begin to patronize firms that are still in the industry. This leads to an increase in demand for existing firms and their demand curve shifts to the right.

I hope my answer helps you

4 0

2 years ago

In which performance appraisal method are various performance levels shown along a scale that incorporates only positive perform

Hatshy [7]

Answer:

Behavioral observation scales (BOS).

Explanation:

Performance appraisal is a formal systematic process combining both written and oral elements for reviewing and evaluation of individuals or a team's task performance in an organization. It helps employers to understand the abilities of their employees for further growth, training and development. One of such tool for performance appraisal is

Behavioral observation scales (BOS) is a performance appraisal method in which various performance levels are shown along a scale that incorporates only positive performance behaviors.

This simply means, BOS is focused on using one or more scales to gauge the frequency with which a staff has performed positively, effectively and efficiently in the job.

Hence, Behavioral observation scales (BOS) are goal-orientated process helps an employer to maximize the productivity of his or her employees, team members and by extension the organization.

6 0

2 years ago

On January 1, Martinez Inc. issued $3,000,000, 11% bonds for $3,195,000. The market rate of interest for these bonds is 10%. Int

krok68 [10]

Answer:

correct option is b. $184,500

Explanation:

given data

issued amount = $3,000,000

rate = 11%

bonds for = $3,195,000

market rate of interest = 10 %

solution

firs we get here Cash paid that is

Cash paid = $3,000,000 × 11%

Cash paid = $330,000

and

Interest expense will be

Interest expense = $3,195,000 × 10%

Interest expense = $319,500

so premium amortization is

premium amortization = $330,000 - $319,500

premium amortization = $11,500

and premium over the 3 million = 195,000

New premium will be as

New premium = $195,000 - $11,500

New premium = $184,500

so correct option is b. $184,500

3 0

3 years ago

On March 1, Terrell & Associates provides legal services to Whole Grain Bakery regarding some recent food poisoning complain

zzz [600]

Answer:

March 1

Dr Notes Receivable $10,900

Cr Service Revenue $10,900

September 1

Dr Cash $11,390

Cr Notes Receivable $ 10,900

Cr Interest Revenue $490

Explanation:

March 1

Dr Notes Receivable $10,900

Cr Service Revenue $10,900

(Provide legal services and accept note)

September 1

Dr Cash $11,390

Cr Notes Receivable $ 10,900

Cr Interest Revenue $490

(Receive cash on note receivable and interest)

(Interest revenue = $10,900 x 9% x 6/12) =490.5

6 0

3 years ago

Different compounding periods, are used for different types of investments. In order to properly compare investments or loans wi

KengaRu [80]

Answer:

Explanation:

The nominal interest rate is quoted by borrowers and lenders-------------

then you can use the APR------------

different compounding periods, then the effective annual rate must------

If a loan or investment uses annual compounding, then the nominal--------

However, if compounding occurs more than once a year, EAR is the effective INOM

Quantitative problem:

Effective annual rate of Bank 2 (assuming its APR is 6%) = (1.015)^4 – 1 = 0.061364

To get the same EAR, Bank 1 should charge per half year 1.061364^(1/2) – 1 = 0.030225

The nominal interest rate (APR)= 0.030225*2 = 0.06045 = 6.05%

4 0

3 years ago