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4 years ago

Why is the consumer considered "king" in a capitalist economy?

2 answers:

amm18124 years ago

7 0

The idea is that the success of any company depends on the consumer: the price and quality of the product determines how much money the firm will make. In this sense, the consumer organically selects the best companies by spending money on those companies, and in doing so is "king" because consumers determine which companies succeed and fail.

erma4kov [3.2K]4 years ago

6 0

Answer:

the consumers decide what to produce

Explanation:

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If texas instruments hires an accounting firm to compute the company's taxes, the accounting firm is providing a(n) ____ service

polet [3.4K]

<span>If texas instruments hires an accounting firm to compute the company's taxes, the accounting firm is providing a business service. Business service entails including another party or company to join in the services of the unit. There are other parties in which they can hire as well as waste chemical treater parties.</span>

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3 years ago

For the current year ended March 31, Cosgrove Company expects fixed costs of $27,600,000, a unit variable cost of $805, and a un

tatyana61 [14]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Fixed costs= $27,600,000

Unitary variable cost= $805

Unit selling price= $1,150

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 27,600,000 / (1,150 - 805)

Break-even point in units= 80,000 units

Desired income= $5,175,000

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (27,600,000 + 5,175,000) / 345

Break-even point in units= 95,000 units

4 0

4 years ago

BRAINLIEST

DIA [1.3K]

The correct answer would be 2.)chain stores.

4 0

3 years ago

Read 2 more answers

You identify three main customer groups that come to alexandria. which one will you use social media to connect with first?

valina [46]

I would use social media to connect with those who actively use social media daily. When people come into a new store, there are usually information sheets at the front to allow the store to know how they were referred, if the mention social media, that would be the first way I would try and engage these customers in the future. If they do not use social media, I would consider a different way to connect with these customers.

5 0

4 years ago

Mr. and Mrs. Frazier are legally married and realized a $723,000 gain on sale of a home that had been their principal residence

alexgriva [62]

Answer: $223,000 long-term capital gain.

Explanation:

LEGALLY MARRIED couples who file a JOINT TAX RETURN, selling their Place of PRIMARY RESIDENCE are allowed to reduce by $500,000, their Long-term capital gain.

That means that Mr. and Mrs. Frazier, bless their souls, are allowed to remove $500,000 from the total $723,000 and as such recognize only $223,000 as tax consequence on long-term capital gain.

I guess Uncle Sam likes marriages.

If you need any clarification do react or comment.

4 0

3 years ago