Answer:
(E). Rebates
Explanation:
A price break is a reduction in price of goods to encourage purchase.
Rebates may be offered in form of a return of a portion of the cash paid, to a customer after purchase has been made, or as a discount on price of goods during purchase.
This is done to encourage consumers to make purchases.
Answer:
The correct answer is letter "A": total value from trade in a market.
Explanation:
Canadian economist Alex Tabarrok (born in 1966) explains social surplus as the sum of consumer surplus, producer surplus, and bystanders surplus. Tabarrok takes an integrative approach in consumer surplus by stating <em>social surplus encompasses every economic trade in the market rather than only consumers and producers surplus.</em>
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Besides, Tabarrok believes when there are major external costs or benefits, the market will not reach its social surplus.
Answer:
B) 1.20
Explanation:
To find the current ratio we will divide current assets with current liabilities and find the quick ratio we just need to deduct inventory and prepaid expense from current assets in the same current ratio formula.
Data
Current assets = $7,900
Prepaid rent = $898
Inventory = $2,200
Current liabilities = $4,000
Solution
Current ratio = current asset/curremy liability
Current ratio = $7900/$4000
Current ratio = 1.975
Quick ratio = current asset - Inventories -prepaid rent / current liability
Quick ratio=$7,900-$2,200-$898/$4,000
Quick ratio = 1.20
Answer:
23.15 million
Explanation:
3.6 million acquistion of land cost is a sunk cost
4.1 million of land value is a opportunity cost
18.1 million and 950000 are intial costs
cash flow amount to use as initial investment
= 4.1 million + 18.1 million + 950000
= 23.15 million
Answer:
The answer is: Vernon's Product Life Cycle theory
Explanation:
Product Life Cycle theory was developed to describe the observed pattern of the international trade. This theory was given by Raymond Vernon and the Product Life Cycle has four stages:
1. The introduction stage: Introducing or launching new product in the local market.
2. The growth stage: Strong demand of products and increase in the sales, which increases the profits. The product are exported to other high-income developed countries.
3. The maturity stage: The production is moved to the developed countries.
4. The decline stage: The production of the products begins moves in the low-wage developing countries.
