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3 years ago

Differentiate among the following.

1 answer:

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Full Warranty means the coverage meets the federal minimum standards for comprehensive warranties, while "Limited Warranty" means the coverage does not. ... This is an example of a full warranty. It specifies that the customer has a right to a replacement or a refund if repairs are not possible.

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An economy has full-employment output of 5000. Government purchases are 1000. Desired consumption and desired investment are giv

V125BC [204]

Answer:

a. real interest rate is 0.217 or 21.7%.

b. saving = 134 , investment is 332 , consumption is 3666.

Explanation:

a) Y = Cd + Id + Gd

Where Y= output

Cd= consumption

Id= Investment purchases

Gd=Government purchases

Y= (3600 - 2000r + 0.10Y) + (1200 - 4000r) + 1000

Y=5800-6000r+0.10Y

0.9Y=5800-6000r

At full employment Y=5000

Putting the value of Y in the above equation

0.9*5000=5800-6000r

5800-4500=6000r

r=0.217

Therefore real interest rate is 0.217 or 21.7%.

(b) Sd = Y - Cd - G

where Sd is national saving

Sd = Y - (3600 - 2000r + 0.1Y) - 1200

Sd = 5000-(3600 - 2000*0.217 + 0.1*5000) - 1200 =5000-3600+434-500-1200 = 134

Therefore, saving = 134

Id= 1200-4000*0.217 =332

Therefore, investment is 332

Cd= 3600-2000r+0.10Y=3600-434+500=3666

Therefore, consumption is 3666.

5 0

4 years ago

The owner of a soccer team and local stadium has commissioned a study that showed the demand by fans for stadium seats (per play

AVprozaik [17]

The most probable answer here should be the teams playing. Each of the fans will have to support their favorite team, making the stadium be in more demanding situation if the fans' favorite teams are on play. The number of seats will most likely sell out during this period.

4 0

3 years ago

digby's product manager is considering lowering the price of the don product by $2.50 and wants to know what the impact will be

Zarrin [17]

Rigby's product manager is considering lowering the price of the don product by $2.50 and wants to know what the impact will be on the product’s contribution margin. Assuming no inventory carry costs, Don's contribution margin, if the price is lowered, will be 4.00%

“Contribution margin suggests you the mixture quantity of sales to be had after variable expenses to cowl fixed prices and provide earnings to the organization,” Knight says. you would possibly think about this as the part of income that allows offsetting fixed costs.

Contribution Margin = Net Revenue - Variable Expenses

Material Cost = 604 * 14.36 = 8673.44

Labor Cost = 604 * 7.09 = 4282.36

Current price = $35

Price is lowered by $2.5 ,then new price will be = $35 - $2.5 = $32.50

Therrefore, New Sales = 604 * 32.5 = $19630

Variable expenses = 8673.44 + 4282.36 = 12955.8

Contribution margin = 19630 - 12955.8 = 6674.2

Contrinution margin ratio = contribution margin / net sales

New Contribution margin = 6674.2/19630 = 34.00%

The contribution margin is beneficial for figuring out how income, variable costs, and fixed expenses all affect operating profit. It offers enterprise owners a manner of assessing how numerous income degrees will affect profitability.

Learn more about contribution margin here brainly.com/question/24881206

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6 0

1 year ago

Advertising is an expenditure that ultimately must be justified in terms of its effect on sales and profits, yet most evaluation

inn [45]

Answer: Emphasis must be made on sales and profits, with the central position being how the customer perceive this goods

Explanation:

Advertisement should be aimed at improving sales and expanding the market for goods. Advertisement is not just to bring customers but also inform them on updates about products. Although customers attitude are needed, this helps the manufacturer or producer to know feedback on what the market is saying, as this cannot be ignored. Emphasis must be made on sales and profits, with the central position being how the customer perceive this goods.

The apparent mismatch is producers looking solely to what the customers are saying rather than considering profit, market expansion, sales, all surrounded by the customer as the focus

7 0

3 years ago

Industry standards for financial statement analysis: Multiple Choice Are based on a single competitor's financial performance. A

Zigmanuir [339]

Answer:

Are used to compare a company's performance to industry performance.

Explanation:

This is used to actually rate or rank a company with other companies in the industry. Industry standards are one of the good ways for a company to benchmark.

6 0

4 years ago