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jonny [76]
3 years ago
5

Basic characteristic of free market system

Business
1 answer:
Fittoniya [83]3 years ago
7 0
One of the most important things is called  a free enterprise economy
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After purchasing a fancy cut diamond ring for his wife, jason feels dissatisfied with his purchase as he feels that the ring was
ivanzaharov [21]

Buyer's remorse.

Buyer's remorse is a feeling of regret after making a purchase, especially for something expensive or extravagant.

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2 years ago
Why do you think Bill Bowerman liked that Tinker shared his thoughts about the test shoes
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to connect

Explanation:

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3 years ago
ATech has fixed costs of $7 million and profits of $4 million. Its competitor, ZTech, is roughly the same size and this year ear
Triss [41]

Answer: Degree of Operating Leverage

A Tech = 2.75

Z Tech = 3

Explanation:

As defined in question itself,

Degree of Operating Leverage = 1 + \frac{fixed\ cost}{Profit}

As here, it is provided that profit for both the companies are same amounting $4 million.

Although the fixed cost differ by $1 million.

A Tech Degree of operating Leverage = 1 + \frac{7,000,000}{4,000,000} = 2.75

Z Tech Degree of Operating Leverage = 1 + \frac{8,000,000}{4,000,000} = 3

This clearly demonstrates that A Tech will reach its break even faster than the Z Tech as the ratio of fixed cost to variable cost is lower in A tech in comparison to Z Tech.

5 0
3 years ago
The sales statt at Mocmoo Real Estate is compensated primarily based on the value of the properties thay call. However, in order
Nikolay [14]

Answer:

A real estate transaction would generate a high commission for an agent but would associate the agency with the destruction of a beloved local landmark.

Explanation:

there would be a conflict of interest between the organisation and the sales person when the interests of both parties do not align.

The goal of the sales person is to earn the highest possible commission. While, the goal of the firm would be to earn profit and a have a positive image.

If the agent makes the sale, he earns a high commission but this would cost the firm its positive image. thus, the interest of both parties are at odds. this would generate a conflict of interest

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2 years ago
Sweet Treats sells ice cream cones for​ $4.25 per customer. Variable costs are​ $1.25 per cone. Fixed costs are​ $3,300 per mont
ziro4ka [17]

Answer:

Company's contribution margin​ ratio is <u>70.59%</u>

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3 years ago
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