Answer: Grapes are considered <u>intermediate goods</u> if the purchaser uses them <u>to make wine </u>to sell others but not if the purchaser eats them.
Explanation: We call intermediate goods to goods that deplete their production process.
They are used <em>to produce other goods</em> and in its application to the<em> production process </em>it is fully incorporated into the product or transformed completely with the first use.
They are bought for<u> resale</u> or used as inputs or raw materials for the production and sale of other goods.
One <u>example</u> could be the<u> flour </u>used to make<u> bread </u>is an intermediate good for consumption. ( The bread is the final product that you buy on the store ) .
Answer: <u><em>So, the minimum selling price will be $26.</em></u>
Explanation:
The fixed cost are incurred regardless of the production volume, they're tangential to decision making.
Now,
Minimum selling price that should be accepted for the product is given as follow:
Variable manufacturing cost = $20
Variable selling and admin = $6
Total cost incurred = Variable manufacturing cost + Variable selling and admin = $26.
<u><em>So, the minimum selling price will be $26.</em></u>
Answer:
Perceived quality
Explanation:
Perceive quality can be defined as the perception of a customer about the greater quality of a product as against other alternatives of the product in the market and its purpose of production.
Simply put, perceived quality is defined as the superiority of a product by a customer in comparison with other alternatives in the market.
This perceived quality ensures that a product can be highly priced since it has the edge over other alternatives and as such customers will still pay to have it regardless of the price.
From the above question, DBM beverages as a result of perceived quality is able to charge a premium price for its products because its products are certified to have a greater quality compared to its alternatives.
Cheers.
No it does not it is a non-alcohol soft drink
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Answer:
0.1935; 9
Explanation:
(a) Total return of your stock investment:
= (Trading value of stock at the year end + Dividend paid - Cost of purchasing the stock) ÷ Cost of purchasing the stock
= (52.75 + 2.75 - 46.5) ÷ 46.5
= 0.1935
(b) Total dollar return on your investment:
= Trading value of stock at the year end + Dividend paid - Cost of purchasing the stock
= 52.75 + 2.75 - 46.50
= 9