Answer: market penetration
Explanation: In order to carter to its rapidly increasing number of patrons, Phoenix is engaging in market penetration by opening 400 stores to this effect. Market penetration is simply defined as a process of increasing or making more sales to current customers of an organisation without changing or modifying the products of the organisation.
Answer:
A. There is a tax rate at which tax revenues are maximized.
Explanation:
By Laffer Curve definition we can easily understand the relationship between tax rate and tax revenues. It was developed by Arthur Laffer. The Laffer Curve describes that:
- with an optimal tax rate government maximizes total tax revenues
- there is no tax revenue collection at the two extreme tax rates of 0% and 100%
- at the left side of the curve higher tax rates decrease the incentive to work and invest. As a result this leads to to decrease in total tax revenue.
The Garden company sells a product for $50 per unit. Variable costs are $40 per unit. 50 % of the contribution margin per unit, in total, and as a ratio.
Selling price per unit - Variable cost per unit = Contribution margin per unit
50 - 25 = $ 25
Sales - Variable cost = Contribution margin
( 610 * 50 ) - ( 610 * 25 ) = $ 15250
Contribution margin / Sales = Contribution margin ratio
15250 / 30500 = 50%.
Variable costs are directly related to the cost of producing goods and services, whereas fixed costs do not change with the level of production. Variable costs are commonly referred to as COGS, but fixed costs are not usually included in COGS. Fluctuations in sales and production levels can affect variable costs when factors such as sales commissions are included in the unit price of production. On the other hand, fixed costs still have to be paid, even if production slows down significantly.
Learn more about Variable costs at
brainly.com/question/5965421
#SPJ4
Answer:
Option B is correct one.
<u>Practicality</u>
Explanation:
Natasha addressed practicality in her persuasive speech on question of policy. Because she is talking about on-ground realities.
