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Elina [12.6K]
4 years ago
11

Kelly recognized her old, rusty car had seen its last mile. When she began searching for a new car to replace it, she relied on

both ________ sources of information.
Business
1 answer:
zimovet [89]4 years ago
6 0

Answer:

Internal and External

Explanation:

Kelly recognized her old, rusty car had seen its last mile. When she began searching for a new car to replace it, she relied on both internal and external sources of information. These are two sources of information which are used by the customers when they buy any product or service. In internal sources of information, they contact their immediate family and friends or their social circle in order to seek information regarding products and services they are going to buy. While external sources includes advertisements, reading certain magazines and newspaper etc.

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it enables people to use money wisely

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Read 2 more answers
An establishment has three departments with variable costs as a percentage of sales revenue of 30 percent, 40 percent, and 50 pe
zalisa [80]

Answer:

60 percent

Explanation:

Contribution margin refers to the revenue a firm derives after deducting the variable cost it has incurred.

Contribution margin = Sales - Variable costs

Contribution margin or contribution to sales ratio represents the percentage of contribution a firm earns from the sale of it's output.

It is represented mathematically as,

= \frac{Contribution\ margin}{Sales}

Also, contribution margin ratio = 100 - variable cost ratio percentage.

Hence, contribution margin for three departments would be:

A = 100 - 30% = 70%

B = 100 - 40% = 60%

C = 100- 50% = 50%

This represents if sales revenue is 100, contribution margin earned is 70, 60 and 50 under three cases.

Since sales revenue in all three departments is the same, let us assume the sales revenue of a department as y.

\frac{0.70y\ +\ 0.60y\ +\ 0.50y}{3y}    

Thus, weighted average contribution margin would be, 60 percent

7 0
3 years ago
Initially, a perfectly competitive industry that has 1,000 firms is in long-run equilibrium. Then 100 firms in the industry adop
Simora [160]

Answer:

B. falls; positive economic; incur economic losses

Explanation: A perfectly Competitive industry is a collection of firms who are producing similar products,these firms are known as price takers as the pressure from the market forces and other impacts that causes an change in price will affect them easily as they will have to take the price even when it is not favourable to their business, this is done in order to remain competitive and relevant in the market.

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3 years ago
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