1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
KiRa [710]
3 years ago
8

Select all the items that describe the role of a producer. a) You want to charge a price that earns profits. b) You want to char

ge a price that does not cover fixed costs. c) You want to charge a price that covers variable costs. d) You want to have a large market share.
Business
1 answer:
allsm [11]3 years ago
3 0

Answer: All except option B

Explanation: In simple words, producer refers to an individual who collects All the factors such as labor, capital and land to produce and supply a  commodity with the ultimate objective of having any monetary gain.

Thus, a producer will charge a price that will cover all of his or her costs and would increase its sales and market share for increase in profits.

Thus, the correct option is B .

You might be interested in
Designs by Candice is a graphic design studio specializing in logos and business stationery. Candice has just made a $69,300 inv
borishaifa [10]

Answer:

Designs by Candice

Her costs include:

Costs of materials, labor, overheads.  

Then in charging her customers she would include the profit target of $7,623 (representing 11% of her capital investment).

Explanation:

As a graphic design studio, Design by Candice would buy stationery and design materials, including 3D printers and other software.  Candice would also incur labor costs on those doing the design proper.  There are also manufacturing overheads, including rent, utilities, etc. and not to forget other indirect costs like selling and marketing and administrative expenses.

7 0
3 years ago
A group of products within a product class that are closely related because they perform a similar function, are sold to the sam
solniwko [45]

Answer:

Explanation:

Product Line

A product line represents related products under a single brand name produced, grouped and sold by the same company. Organisations use product lines to keep and expand their consumer base by adding products that will appeal to their customers in the same line of products which they are familiar with.

A consumer will always be motivated to buy a complete kit of products in a product line to take care of similar issues such as skin care, face care among others rather than buying different products from different brands to make up a complete kit.

Most product lines are marketed in groups and are placed together to appeal to customers. Specifically, organisations know that consumers will be willing to test new products that are part of the same product line they have known and are used to.

3 0
3 years ago
Which of these are disadvantages of self-employment?
777dan777 [17]
Financial insecurity, discouragement, legal issues, long hours
4 0
3 years ago
The Allowance for Doubtful Accounts T-account will have the ______ on the credit side. Multiple choice question. sales discounts
docker41 [41]

The Allowance for Doubtful Accounts T-account will have the  <u>estimated bad debts from the adjusting entry</u> sales discounts .

Doubtful account

An allowance for doubtful accounts is considered a “contra asset,” because it reduces the amount of an asset, in this case the accounts receivable. The allowance, sometimes called a bad debt reserve, represents management's estimate of the amount of accounts receivable that will not be paid by customers.

Learn more doubtful account here :

brainly.com/question/15409074

#SPJ4

8 0
2 years ago
b. Now suppose instead that housing credits are withdrawn gradually at a rate of $500 for each $1,000 that someone is earning ab
zavuch27 [327]

Answer: $0

Explanation:

Layla qualifies for $8,000 in housing credits.

These are withdrawn at $500 for every $1,000 she earns above the wage limit of $26,500

Layla's annual income = 35,000 + 7,500

= $42,500

Amount earned above limit = 42,500 - 26,500

= $16,000

Amount of housing credit withdrawn is $500 per thousand so for $16,000, $8,000 will be withdrawn from her housing credit.

Housing credit = 8,000 - 8,000

= $0

5 0
3 years ago
Other questions:
  • Casey is considering taking out a 30-year loan with monthly payments of $205 at an APR of 1.9%, compounded monthly, and this equ
    8·2 answers
  • The requirements for a physical change to be considered the consequence of aging are: the decline is universal, intrinsic, progr
    9·1 answer
  • Lubbock county is planning to construct a bridge across the Rio de Lubbock to facilitate afternoon skiing in the El Dusto ski ba
    13·1 answer
  • H&amp;R Block Inc. provides tax preparation services throughout the United States and other parts of the world. These services a
    10·1 answer
  • In the context of factors that influence the motivation to learn, when an organization seeks to convince employees that they can
    15·2 answers
  • The end product of a team effort is often a written report, a series of self-contained electronic slides, and an oral presentati
    7·1 answer
  • Bruce Company reported net income for 20X1 of $100,000. The company reported depreciation expense of $17,500 and amortization of
    5·1 answer
  • If there is a high demand for a product, then production will be__.
    9·2 answers
  • Will give brainliest for all answers
    13·1 answer
  • Which of the following accounts are classified as shareholders' equity?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!