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Pachacha [2.7K]
4 years ago
12

The goal in marketing is to ____.

Business
1 answer:
vaieri [72.5K]4 years ago
6 0
The answer you are looking for is C. meet the needs and wants of the customer.
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An individual leaves a college faculty, where she was earning $70,000 a year, to begin a new venture. She invests her savings of
Lubov Fominskaja [6]

Answer:$141,000

Explanation:

Implicit cost related to the given question

Earning as a college faculty left = 70,000

Interest on own investment = 6% on 42,000 = 2520

Total implicit cost = 70,000+2520 = 72,520

Explicit cost the related to the given question

Rent of office equipment = 25,000

Hiring two students at 18,000 each = 36,000

Rent of office space = 10,000

Other variable expenses = 38,000

Total explicit cost = 25,000+36,000+10,000+38,000 = 109,000

Total Revenue = 250,000

Accounting profit = Total Revenue – Explicit Cost

Accounting profit = 250,000 – 109,000 = $141,000

6 0
4 years ago
Much of macroeconomics attempts to explain a. changes in the growth rate of state government spending. b. changes in the prices
irina1246 [14]

Answer:

C) long-run growth and short-run fluctuations in real GDP

Explanation:

Macroeconomics is a strand of economic science that discusses large economic aggregates, such as income, inflation, and employment variations. It is an approach that aims to discuss these factors and bring about improvements through economic policies. The concerns of the macroeconomy are mainly to maintain a stabilized economic system, with sustainable growth of GDP, income and social and economic indicators.

6 0
3 years ago
Novak Co. uses the net method to account for cash discounts. On June 1, 2020, it made sales of $52,500 with terms 3/15, n/45. On
Misha Larkins [42]

Answer:

Explanation:

The journal entries are shown below:

On 1 June 2020

Accounts receivable A/c Dr  $50,925

       To Sales revenue $50,925

(Being goods are sold on credit)

On July 12 2020

Cash A/c Dr $50,925

     To Accounts receivable A/c  $50,925

(Being cash received is recorded)

The computation is shown below:

= Sales amount - discount

= $52,500 - $1,575

= $50,925

And, The discount = Sales amount × discount rate

= $52,500 × 3%

= $1,575

6 0
3 years ago
Howrley-David, Inc., manufactures two models of motorcycles: the Fatboy and the Screamer. Both models are assembled in the same
natima [27]

Answer:

Fatboy = $4,000

Screamer = $5,000

Explanation:

Particulars                         Amount  

Direct labor                       $6,000,000  

Indirect materials               $1,800,000  

Other overhead                $4,200,000  

Conversion costs                 $ 12,000,000  

Number of units assembled  6,000  

Operation cost per unit           2,000

Particulars                 Fatboy        Screamer            Total

Operation cost             $4,000,000     $8,000,000   $12,000,000

Fatboy = 2,000 × 2,000

Screamer = 4,000 × 2,000

Materials cost             $4,000,000     $12,000,000   $16,000,000

Fatboy= 2,000 × 2,000

Screamer = 4,000 × 3,000

Total cost              $8,000,000 $20,000,000    $28,000,000

Number of units       2,000         4,000             6,000

Unit cost                $4,000          $5,000

7 0
4 years ago
Cynthia hates writing term papers and reports, so when she receives an assignment to write a paper for her law class, she calls
klasskru [66]

Answer: Vicarious infringement

Explanation:

Vicarious infringement is a term used in legal processes to describe the Liabilities of which a person or an organisation incurs or inherits as a result of the infringement acts of another person, the other person may be a person's agent who represents him in certain circumstances.

VICARIOUS INFRINGEMENT IS THE SAME FOR BOTH COPYRIGHT AND TRADEMARK LAWS.

5 0
4 years ago
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