NOTE: Your question isn't clear, Johnson. Would you mind checking it and writing it in a way you can be better helped?
Meanwhile, I hope these explanation below helps.
Answer and Explanation:
Two goods are said to be complementary goods if an increase in the price of a particular one leads to a commensurate decrease in the demand that buyers placed for the other one.
A good is said to be a normal good if the reason for an increase in demand is due to an increase in the income of the buyers.
A good is said to be an inferior good if there is a decrease in demand even though the buyers have experienced increase in their income.
300/12 = 25
So you would pay 25 (/dollars) every month.
I hope it helped you!
Answer:
a. $236.32 per unit
Explanation:
The Full question is "Adirondak Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. Overhead Total Direct Labor Hours DLH per Product A B Painting Dept. $250,000 10,000 16 4 Finishing Dept. 75,000 12,000 4 16 Totals $325,000 22,000 20 20"
A single plant wide factory overhead rate is been used. Thus, Overhead rate per hour = $325000 / 22000 hrs = $14.77
The total hours required to produce a product = 20 hours in painting + 20 hours in finishing
The total hours required to produce a product = 40 hours
Overhead per product = Overhead rate per hour * The total hours required to produce a product
Overhead per product = $590.8
The DLH required for a product A in painting department = 16 DLH
. Overhead rate per unit for product A in painting department = ($590.8/40 DLH) *16 DLH = $236.32 Per Unit
Answer:
The correct answer is; This fourth parcel will not be sold because all buyers will purchase it from the seller for at least the minimum price.
Explanation:
All buyers are willing to buy although all are willing to pay more than the minimum price. the seller might need to increase price
Answer:
If it were up to me, i'd go with C, but feel free to correct me if i'm wrong
Explanation:
In customer relationship management (CRM), customer valuation is a scoring process used to help a company determine which customers the company should target in order to maximize profit.
This directly relates to the scenario were looking at. Sheraton might see that this guy goes there a lot, and wants to make him feel like hes getting a great deal, so he will continue to stay there. Technically he is getting a good deal, but it isn't going to change Sheraton's profits much.
