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3 years ago

How much do credit unions spend on social media annually?

2 answers:

8 0

An analytical study of over more than 100 credit unions in the United States found that credit unions spend over $550 million annually on social media marketing.
This averages to an amount of $9.92-$14.83 spent per member of credit unions. Credit unions spend such high amounts on social media marketing in order to keep up with and maintain their relevance in the present era of digital marketing.

ValentinkaMS [17]3 years ago

4 0

<span>Credit unions of a moderate size should budget 50k towards their digital media. Smaller credit unions should stick to around 10k. The largest credit unions can spend 100k-1m depending on their size.</span>

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Select the items that describe a monopoly.

arsen [322]

Well obviously 3 is one of the answers. So is 1. and 2

4 0

3 years ago

Read 2 more answers

Help if you can thank you

makkiz [27]

Answer:

3rd one I'm pretty sure, if not then I'm srry lol

Explanation:

its common sense

6 0

3 years ago

The Metal Shop produces 1.7 million metal fasteners a year for industrial use. At this level of production, its total fixed cost

DiKsa [7]

Answer: The offer should be rejected.

Explanation:

Given the following :

Total units produced = 1,700,000 units

Total cost = $791,000

Total fixed cost = $486,000

5% increase in production = (0.05 × 1,700,000) = 85,000

Units required by customer = 50,000 ( it is still within range without incurring additional fixed and variable cost).

Hence, total variable cost :

Total cost - total fixed cost

$(791,000 - 486,000) = $305,000

Variable cost per unit :

Total variable cost / total units produced

$305,000 / 1,700,000

= $0.179

Variable cost = marginal cost (Since variable cost per unit will be unchanged).

Offered price = $0.165

$0.165 < $0.179

Since offered price < marginal cost ; The offer should be rejected.

7 0

3 years ago

The following is an extension economy of scale

ValentinkaMS [17]

The example of an extension economy of scale is Bulk buying.

Explanation:

economies of scale are the main cost whose advantages are for the enterprises that obtain due to their scale of operation, which is measured by the amount of output produced by the company with cost per unit of output resulting in decreasing with increasing scale.

Economies of scale apply to a vast variety of organizational and business situations and at multiple areas, such as a production, the plant or an entire enterprise.

Another source of scale economies is the possibility of purchasing inputs at a lower cost per unit, when they are purchased in large quantities.

Managerial economies of scale occur when large firms are able to afford specialists. They manage i an effective manner, particular areas of the company.

Economies of Scale refer to the cost advantage that us experienced by a firm when it increases its level of output.
The advantage of the huge buying arises due to the inverse relationship between per-unit fixed cost and the quantity produced. The greater the quantity of output produced, the lower the per-unit fixed cost.

8 0

3 years ago

The company estimates that it can issue debt at a rate of rd = 9%, and its tax rate is 40%. It can issue preferred stock that pa

klio [65]

Answer:

Cost of debt (after tax) = 5.4%

Cost of preferred stock ( $r_p$ ) = 10.53%