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3 years ago

Nonprice rationing devices are required

Business

1 answer:

RUDIKE [14]3 years ago

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Answer: Option D: to allocate goods when there is a price ceiling.

Explanation: Nonprice rationing devices is the use of methods other than price controls that have the effect of limiting output. The Notice devices are often used to deploy goods when there is a price ceiling.

Common examples of Nonprice rationing devices are:

1. Queuing

2. The use of Coupon

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Prepare traditional and contribution margin income statements (Learning Objective 6) The Willowick Ice Cream Shoppe sold 8,700 s

Leto [7]

Answer:

Sales Revenues 26100

COGS 5655

gross profit 20445

rent expense 1600

depreciation expense 200

operating expense 2600

net income 16045

Sales Revenues 26100

Variable Cost 6305

Contribution margin 19795

rent expense 1600

depreciation expense 200

fixed operating expense 1950

net income 16045

Explanation:

traditional:

COGS

$12 tub / 30 ice cream cones = $0.40

+ 0.25 ice cream cones

total per unit 0.65

8,700 x 0.65 = 5655

Gross profit: sales revenue less COGS

then, we subtract the rent expense, depreicaiton expense and operatign expenses to get net income.

contribution the variable cost will be subtracted from the sales revenues

that will include the 75% of the operating expenses

The difference between sales revenue and variable cost is called contribution margin.

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3 years ago

The three-legged Ork, a space creature from the universe Warhammer, wears 1 right shoe and 2 left shoes. Which set of market bun

denis23 [38]

Answer:

6 right shoes and 12 left shoes

Explanation:

That Ork needs 2 left shoes for every right shoe, to match the feet configuration.

So, we have to look into the possible answers, which offers a 2 to 1 ratio for the left shoes.

10 right shoes and 16 left shoes

No. Left-shoes ratio is 1.6 not the 2 we need.

12 right shoes and 12 left shoes

No, the left-shoes ratio is 1, not the 2 we need.

15 right shoes and 14 left shoes

No, the left-shoes ratio is 14/15, less than 1, so not the 2 we need.

6 right shoes and 12 left shoes

YES! The left-shoes ratio is 2, exactly what we need.

4 0

3 years ago

The abrupt end of long distance cattle drives in 1885 was primarily due toa. the development of railroad cars that could haul ca

vladimir1956 [14]

Answer:

a. the development of railroad cars that could haul cattle.

Explanation:

The abrupt end of long distance cattle drives in 1885 was primarily due to the development of railroad cars that could haul cattle.

It was the advent of expanding rail road lines that terminated the cattle drive through Kansas because the end points of the cattle trail shifted to meet expanding railroad lines.

It was logical that as the railroads expanded to meet the cattle drive, one had to give way to the other because cattle do stray and trains could haul cattle

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3 years ago

The price elasticity of demand measures the: A. responsiveness of quantity demanded to a change in quantity supplied. B. respons

pickupchik [31]

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

The price elasticity of demand determines the flexibility of the volume needed to adjust the price.

The demand of an individual or market becomes inelastic if it will not adjust much to increasing prices, and it is elastic for an individual or market if the demand of a particular commodity will shift a lot as prices shift.

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3 years ago

Price Adjustments This activity is important because as marketing managers set final prices, they start with the list (quoted) p

EleoNora [17]

Answer:

1. Discount

2. Geographical adjustments

3. Allowance

4. Discount

5. Allowance

6. Discount

Explanation:

1. Discount for early purchase and delivery order of chlorine and shock products

2. Geographical adjustment of price, due to shipping and handling costs

3. Allowance given to Raquel for the old ring; to help/encourage her purchase a new one (from the store)

4. Discount on the price or cost of purchase, for customers (like Joshua) who would buy more socks at a go

5. Allowance Capri Sun gives to Safeways Store, for every 15 cases of Capri Sun ordered and displayed in front of the store

6. Discount incentive/bonus Amazon is offering its Prime members. Take note of the nomenclature "Prime members". These are customers who make frequent orders or order a lot of products. Amazon is herefore offering a discount.

NOTE:

- A discount is offered to reduce the cost of purchase - which could be direct or indirect - while an allowance is given to encourage a business deal; as in numbers 3 and 5.

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3 years ago