<span>Brand awareness facilitates decision-making and is especially important for which type of consumer goods: public goods.
Public goods are non-excludable items so there is fair game for anyone and everyone in the market for an item to make this purchase. Because this items are everywhere, there is normally a decent amount of competing brands with the same product though packaging, quality and quantity can differentiate. Brand awareness helps the consumer know which brand to purchase when there are dozens to choose from. </span>
<span>Competition and the price of goods and services have a direct relationship. If there is more competition in a specific market then prices tend to lower; this is a good thing for consumers. For example; two companies are competing to sell more cell phones than their rival. If one company figures out a way to lower production costs and sales, the other will soon follow to keep up with the competition. </span>
Answer
The contribution margin ratio multiplied by the selling price per unit equals the contribution margin per unit.
Explanation:
What happens to the contribution margin ratio of a company that produces only a single product is that the contribution margin ratio multiplied by the selling price per unit equals the contribution margin per unit
Answer:
$65,000
Explanation:
Calculation to determine how much income does Joe Harry report if Joe's S Corporation, earned Using the specific identification allocation method
Using this formula
Income=Amount earned*Interest rate
Let plug in the formula
Income=$260,000 × 25%
Income= $65,000
Therefore Using the specific identification allocation method how much income does Joe Harry report if Joe's S Corporation, earned will be $65,000
Answer:
12%
Explanation:
We use the RATE formula for determine the annual interest rate which is shown below:
Present value = $10,000
Future value = $0
PMT = $222.44
NPER = 60 months
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this, monthly rate is 1%
Now the annual interest rate is
= 1% × 12 months
= 12%