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Serga [27]
2 years ago
12

Assignment Interview five family members or friends. Ask them how many energy drinks they would buy in a seven-day week at these

prices: .25, .75, $1.25, $1.75, $2.00. Make a table to record the quantities of energy drinks they would purchase at each price. Give at least two reasons why you think the price of a product might vary. Give at least two reasons why a consumer might buy more or less of something depending on the price. Write two paragraphs discussing the relationships between price and demand and supply and demand. Ask at least five people of varied ages the following questions: Do you believe the economy is in dire straits? Why or why not? What do you see as the outcome of the current downturn? How are you directly affected, and what worries you about the state of the economy? Do you believe it can be fixed? If so, how? Assignment Guidelines: Complete both activities in their entirety. Be sure your interviews and analyses are complete and written in well-constructed paragraphs. Your final analysis should be one to two pages in length. Submission Requirements: table interviews analyses When submitting written assignments, please: Submit the assignment question(s) with your responses. Proofread for spelling, grammar, and punctuation. Use complete sentence structure. Make sure paragraphs have at least six sentences.

Business
2 answers:
Katena32 [7]2 years ago
4 0
I don’t know what this is asking
likoan [24]2 years ago
4 0

Answer: There is a positive relationship between price and quantity demanded. Other answers are given below.

Explanation:

• The price of a product might vary as a result of the increase or decrease in sales tax and also increase or decrease in production cost.

• The reasons why a consumer might buy more or less of a product as a result of its price are income and availability of substitutes. The income of a consumer has an impact on what an individual buys. Price has a negative relationship with quantity demanded, as price increases, quantity demanded decrease. Hence, when price increases, low income earners might move to a cheaper alternative.

Also, availability of substitutes plays a part. For example, if there's an increase in the price of pepsi, people might be tempted to move to coke if there's no price change for coke.

• There's a negative relationship between price and demand and a positive relationship between price and supply. The higher the price, the higher the supply of goods producers will like to supply while consumers will reduce their demand for a product once price increases.

• I think the economy is not in dire state. There has been an increase in employment, increase in consumption and GDP as well. The economy might not be up there yet, but we are doing well.

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ArbitrLikvidat [17]

Answer:

$91,900

Explanation:

The computation of net sales revenue is shown below:-

Here, for reaching the net sales revenue we add the sales revenue and deduct the sales return and allowances with sales discounts

Net sales revenue = Sales Revenue - Sales Returns and Allowances - Sales Discounts

= $95,000 - $1,000 - $2,100

= $91,900

Therefore we have applied the above formula.

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Benoit company produces three products—a, b, and
Lana71 [14]
My answer is: Produce Product C first, then followed by Product A. to maximize contribution margin. Product B will not be produced since the maximum number of pounds has already been used in producing Products C and A.

<span> <span> </span><span><span> PER UNIT
</span> <span> PRODUCT                              A               B                C
</span> <span> SELLING PRICE                   80              62                81
</span> <span> VARIABLE EXPENSES
</span> <span> DIRECT MATERIALS            24             18                  9
</span> <span> OTHER VAR EXP.                 24             25.4             43.65
</span> <span> TOTAL VAR EXP                   48             43.4             52.65
</span> <span> CONTRIBUTION MARGIN    32             18.6             28.35
</span> <span> <span>CM RATIO </span>                            0.4             0.3                0.35
</span> <span> </span> <span>
COMPANY CAN SELL 800 UNITS OF EACH PRODUCT PER MONTH.
</span> <span> SAME RAW MATERIAL IS USED IN EACH PRODUCT.
</span> <span> MATERIAL COSTS 3 PER POUND W/ A MAX OF 5,000 POUNDS EACH MONTH
</span> <span> </span> <span>
PRODUCT      DM     <span>UNIT COST </span>        NO. OF LBS
</span> <span> A                      24            3                             8
</span> <span> B                      18            3                             6
</span> <span> C                        9            3                             3
</span> <span> </span> <span> PRODUCT NO. OF LBS/UNIT     MAX UNITS      TOTAL NO. OF LBS
</span> <span> A                       8                                800                    6400
</span> <span> B                       6                                800                    4800
</span> <span> C                       3                                800                    2400
</span> <span> TOTAL                                                                         13600
</span> <span> LIMITATION: 5,000 POUNDS PER MONTH ONLY.

</span></span></span><span> <span> </span><span><span> <span>required: </span>
</span> <span> <span>1. calculate the contribution margin per pound of the constraining resource for each product. </span>
</span> <span> 2. which orders would you advise the company to accept first, those for a, b, or c? which orders second? third?
</span> <span> </span> <span>
</span></span></span><span>PLS. SEE ATTACHMENTS FOR MY FULL COMPUTATIONS. </span>

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3 years ago
Who pays the tax does depend on who writes the check to the government?
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Who pays the tax does NOT depend on who write the check to the government.
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3 years ago
A production possibilities curve represents
pychu [463]
A is the correct answer
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