Answer:
$9.34
Explanation:
Provided that,
Time takes for removing the virus = 40 minutes
Paid per hour = $14
We know that 1 hour has 60 minutes so 40 minutes would be equal to
= 40 minutes ÷ 60 minutes
= 0.67
So, the direct cost of this service would be]
= Paid per hour × time taken
= $14 × 0.6667
= $9.34
We simply multiplied the paid per hour by the time taken so that the direct cost could find out
Answer:
Q = min[3B; 40L]
Explanation:
This is an example of Leontief production function in which factors of production, in this case B and L, are used in fixed proportion that is determined by the production technology which makes substitutability between factors impossible.
If we assume that 3 ounces of B and 40 minutes of L are always required to produce one unit of espresso represented by Q, the functional form of the production function can be written as follows:
Q = min[3B; 40L].
Answer:
use promotions to get consumers to try the brand
Explanation:
Based on the scenario being described within the question it can be said that Walkane Juices is an underdog which is trying to use promotions to get consumers to try the brand. This is done with the hopes that the promotion will attract a large amount of individuals who may otherwise never try the brand, and once they try the brand they may like it and decide to start buying the product. Thus increasing sales for the company.
Answer:
Reject Accept Net Income
order order increase / (decrease)
Revenues $0 $114,250 $114,250
(4570*25)
Cost - variable manufacturing $0 $73,120 ($73,120)
(4570*16)
Shipping $0 $4,570 ($4,570)
(4570*1)
Net Income $0 $36,560 $36,560
So, the special order should be accepted.
Identifying the prospective buyer is the correct answer.
Identifying prospective buyer, establishing contact and a relationship with the buyer, presenting product to the buyer and demonstrating its uses and benefits, convincing customers about the product by efficiently handling objections from customers, negotiating the price and terms of payment, and finally receiving orders are all part of the personal selling process.
It is a series of activities that must be completed in order to successfully obtain an order and begin building long-term buyer relationships. The activities are applicable to all types of selling and can be tailored to most sales situations.
To learn more about personal selling process, click here
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