Answer:
B) False
Explanation:
One of the main characteristics of monopolistic competition is that many suppliers sell products that are different from one another, so they cannot be considered perfect substitutes. For example, restaurants usually operate under monopolistic competition since they all offer similar services but at the same time they are all different.
So if you like variety, then you should like monopolistic competition.
I would do make me a millionaire
Answer:
the internal rate of return is 6%
Explanation:
The computation of the irr is shown below
Given that
Initial investment = $588.81
And yearly cash flows for the next 10 years is $80
Now for determining the internal rate of return we have to apply the formula
= IRR()
After applying the internal rate of return formula, the internal rate of return is 6%
Hence, the internal rate of return is 6%
Answer:
door in the face sales technique
Explanation:
The door in the face (DITF) sales technique is used when the salesperson purposely makes a large request knowing that it will be rejected, and then following the sales approach by offering a much smaller request that is more reasonable and easily accepted.
For example, you want your parents to buy you a new motorcycle. Instead of asking your parents for a new motorcycle, you ask them to buy you a car. You know that they will probably reject the idea of giving you a car, but after they reject your initial proposal, you ask them to at least buy you a motorcycle. That will seem to be a much more reasonable request.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Estimated manufacturing overhead $75,000
Direct labor hours incurred 4,800
Direct labor hours estimated 5,000
A) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 75,000/5,000= $15 per direct labor hour
B) Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 15*4,800= $72,000