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3 years ago

(Consider This) The economic perspective used in customer decision making at fast-food restaurants is reflected in:

Business

1 answer:

Trava [24]3 years ago

3 0

Answer:

Customers walking into the fast-food restaurants and joining the shortest queues for food, or selecting a queue from lines of equal length, instead of choosing to wait in longer queues to purchase food.

Explanation:

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Considering the communication process, an advertisement of a particular copier machine model would be considered:

Leviafan [203]

Answer: encoding

Explanation:

Considering the communication process, an advertisement of a particular copier machine model would be considered encoding.

Encoding simply helps in the translatation of the idea relgarding a message into symbols or words which should be easily understood by the receiver. The copier machine is sending tothe sender.

5 0

3 years ago

What are the main goals of the federal government's fiscal policy?.

NeX [460]

The employment of government spending as well as taxation to impact the economy was known as fiscal policy.

Fiscal policy is used by governments to achieve robust and sustained growth and then to decrease poverty.

Inflation, full employment, as well as economic growth even though determined by GDP are the three major aims of fiscal policy as well as indicators of a healthy economy.

Fiscal policy objectives include stimulating demand, increasing output, creating jobs, increasing GDP, avoiding recessions, controlling inflation, and stabilizing economic growth.

To know more about fiscal policy.

brainly.com/question/14042438

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1 year ago

(True) or (False)? A chart of accounts is a list of all accounts with the detail of every transaction, as well as the running ba

Kisachek [45]

Answer:

True

Explanation:

A chart of accounts is a list of all accounts with the detail of every transaction, as well as the running balances.

A chart of accounts (COA) is a financing tool that provided a list of every account in a system. Connected to those accounts is every detail of transactions made and running balances.

8 0

3 years ago

Bramble Family Importers sold goods to Tung Decorators for $39,000 on November 1, 2020, accepting Tung’s $39,000, 6-month, 6% no

Aliun [14]

Answer:

note receivable 39,000 debit

sales revenue 39,000 credit

--Nov 1st to record sale of goods to Tung Decorators --

interest receivalbe 390 debit

interest revenue 390 credit

--Dec 31th adjusitng entry for accrued interest --

cash 40,170 debit

note receivable 39,000 credit

interest receivable 390 credit

interest revenue 780 credit

--May 1st collection of the note--

Explanation:

<u>First</u>, we record the sales revenue and we enter the promissory note at his nominal. Interest will be accrued as the time past.

<u>interest for the period Nov 1st - Dec 31th</u>

prncipal x rate x time

we must always have rate adn time in the same metric so we express the mont has fraction of year:

39,000 x 6% x 2/12 = 390

<u>collection of the note</u>

cash procceds: principal + interest

39,000 x (1 + 6% x 6/12) = 40,170

we write off both receivables, the note and the interest,

and we recognize interest revenue for the difference

40,170 - 39,000 - 390 = 780

6 0

3 years ago

(Topic: Economics)

Mademuasel [1]

The total cost when producing zero units is $20.

The marginal cost for the first unit is $50.

The average total cost when producing three units is $65.67.

The average variable cost when producing four units is $98.

<h3>What are cost functions?</h3>

Fixed cost is cost that does not change with the quantity of output produced. An example of fixed cost is rent. Average fixed cost is fixed cost divided by total output.

Variable cost is the cost that changes with output. It increases the more output is produced. Average variable cost is variable cost divided by total output.

Total cost is the sum of fixed cost and variable cost. Average total cost is total cost divided by total output. Marginal cost is the change in total cost.

Total cost of producing zero units = fixed cost + variable cost

$20 + 0 = $20

Marginal cost of the first unit = (total cost of the first unit - total cost of the zero unit) / (2 - 1)

Total cost of the first unit = (average variable cost x total output) + fixed cost$20 + 50 = $70

Marginal cost = (70 - 20) / (2 - 1) = $50

The average total cost when producing three units = Total cost / total units

Total cost of three units = marginal cost of three units + total cost of two units

Total cost of two units = 105 + 92 = $197

The average total cost = $197 / 3 = $65.67

The average variable cost when producing four units = (412 - 20) / 4 = $98

To learn more about marginal cost, please check: brainly.com/question/26246533

6 0

2 years ago