Answer:
a) a positive externality
Explanation:
Higher education is a clear example of a positive externality. This is because producing highly educated individuals provides a large number of benefits to the overall society that was not part of creating this college graduate, therefore being a third-party but still benefiting from this scenario. The benefits that a highly trained and educated individual can bring to a society is huge and affects different areas such as architecture, economics, society wellness, etc.
Answer:
$965 Unfavorable
Explanation:
The calculation of variable overhead rate variance for June is given below:-
Variable overhead rate variance = Actual variable overhead cost - (direct labor-hours × Variable overhead Standard rate
$11,861 - (2,420 × $5.30)
= $11,861 - $12,826
= $965 Unfavorable
Therefore for computing the variable overhead rate variance for June we simply applied the above formula.
Answer:
1. Budget.
2. Financial goals.
3. Competition.
4. Marketing message.
5. Other marketing goals.
6. Brand image goals.
7. Product description.
8. Pricing.
9. Marketing research.
10. Promotional strategies.
Explanation:
1. <u>Budget</u>: The amount you plan to spend on each promotional strategy.
2. <u>Financial goals</u>: The number of sales you plan to have in the next year.
3. <u>Competition</u>: Strengths and weaknesses of other companies that provide similar products.
4. <u>Marketing message</u>: The message about your product's benefits that you plan to convey to your target market.
5. <u>Other marketing goals</u>: The percentage of customers who say they are highly satisfied in your customer profile survey.
6. <u>Brand image goals</u>: The qualities you want to have people associate with your product.
7. <u>Product description</u>: A list of the product's features.
8. <u>Pricing</u>: How the cost of your product will support your brand image and marketing message.
9. <u>Market research</u>: A description of general economic trends and how they are likely to affect the target market.
10. <u>Promotional strategies</u>: Ways you will communicate with your target market.
Answer:
Journal entries:
Explanation:
For recording the purchase of goods of credit
Inventory dr. 2000
Accounts payable cr. in the name of the vendor 2000
For recording the return of goods purchased
Account payable dr. in the name of the vendor 2000
Inventory cr 2000
In this scenario, Ethan<span> is engaging in a sales dialogue. Sales dialogue is a series of talks between the buyers and sellers. This would usually take place over time in order to build relationships. The purpose of this dialogue is to determine whether the prospect customer should b</span>e targeted. This dialogue would also help to clarity the prospect's situation. It would also help the seller to discover the prospect's needs and requirements in transacting the business. <span> </span>