1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Westkost [7]
3 years ago
15

A firm selling televisions knows from marketing research that when consumers in developing countries reach on average a yearly i

ncome equivalent to $1,000 they are more likely to purchase one of their televisions. Such a low income is sometimes enough because
Business
1 answer:
yulyashka [42]3 years ago
5 0

Answer:

That low income can be enough because of either one of these two reasons (or the two at the sime time):

  • A high proportion of subsidized good for low-income earners in developing countries: a consumer making $1,000 per year on average could benefit from subsidized food, housing, healthcare, and even transportation, allowing this person to devote most of his income to other expenses.
  • Cheap credit available: this same person could not have enough money to pay for the television in cash, but could easily obtain a credit with low interest rates, and long-term payments.

You might be interested in
one theory behind ____ is that the best outcome to civil ______ is a _____ and that parties will move toward agreement if they u
Leviafan [203]

Answer:

The correct answers that fills the gaps are: discovery, litigation, negotiated settlement, examine, evidence.

Explanation:

The litigation is a conflict of interest qualified and elevated to a jurisdictional authority, by a subject of law, with an intention or claim against another that manifests a resistance or that opposes the approach of the former, as Francisco Carnal suggests.

Some authors consider that the concept of litigation only applies to civil proceedings in contractual disputes, and that the term controversy should be used in criminal proceedings. However, progress has been made regarding this idea, because now, in criminal proceedings, civil action or damages are usually used, which gives rise to extra contractual liability.

5 0
3 years ago
Suppose there is a large increase in the money supply in an economy that previously had low inflation. As a consequence, aggrega
hoa [83]

Answer:

It illustrates that the classical model of the price level best applies to economies with persistently high inflation.

Explanation:

When a very low inflation rate has been constant in an economy, and the money supply increases suddenly, in the short run that change will not immediately increase the inflation rate, but instead it will increase real output.

Classical economists argue that an increase in the money supply will immediately affect the inflation rate, but that theory applies mostly to economies that have a certain level of inflation. For example, for the past 12 years, European nations have been experiencing very low inflation rates, sometimes even negative rates. But during that same period, the European Central Bank has carried on a huge expansionary policy. It favored economic growth, although not as much as expected, but it didn't skyrocket inflation rate as the classical economy model predicted.

3 0
3 years ago
The Marshall Company has a process costing system. All materials are added when the process is first begun. At the beginning of
Oliga [24]

Answer:

The equivalent units of of materials in September = 62,400 units

Explanation:

<em>Equivalent units are useful to apportion cost between work in progress and completed units. They are notional whole units which represent incomplete work</em>

Equivalent Units = Degree of work completed (%) × inventory units

Items                        units            workings           Equivalent units

Completed unit        58,500      58,500× 100%  =     58,500

Closing WIP              6,500        6,500 × 3/5   =       <u>3,900</u>

Total equivalent units of materials                            <u>62,400.</u>

The equivalent units of of materials in September = 62,400 units

5 0
3 years ago
Which country in the middle east has the most crude oil?.
Gekata [30.6K]
Saudi Arabia has the most
5 0
2 years ago
Fortune, Inc., is preparing its master budget for the first quarter. The company sells a single product at a price of S25 per un
alukav5142 [94]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Selling price= $25 per unit.

Sales (in units):

January= 45,000

February= 55,000

March= 50,000

The cost of goods sold is $14 per unit.

The gross profit is calculated using the following formula:

Gross profit= selling price - cost of goods sold

January:

Sales= 45,000*25= 1,125,000

COGS= 45,000*14= (630,000)

Gross profit= 525,000

February:

Sales= 55,000*25= 1,375,000

COGS= 55,000*14= (770,000)

Gross profit= 605,000

March:

Sales= 50,000*25= 1,250,000

COGS= 50,000*14= (700,000)

Gross profit= 550,000

5 0
3 years ago
Other questions:
  • In terms of delivering a presentation, explain how a slide presentation differs from a lecture?
    15·1 answer
  • Lois kay is an experienced baker. she has decided to bake and decorate her daughter's wedding cake instead of ordering one at th
    8·1 answer
  • As of January 1, 2021, Chelsea Co. had a balance of $520,000 in its allowance for uncollectible accounts. Based on experience, 2
    8·1 answer
  • The sticker price on a new car includes:
    6·1 answer
  • A man buys several loaves of bread at $1 a loaf and sells them at 25 cents a loaf. he does it again and again. entirely as a res
    12·1 answer
  • Transactions of a company involving external sources of funding are referred to as: Investing activities. Operating activities.
    9·1 answer
  • Hudson Co. reports the contribution margin income statement for 2015. Contribution Margin Income Statement For Year Ended Decem
    8·1 answer
  • When a price floor becomes binding because of the change in the supply of hops, the net effect will be ?
    11·1 answer
  • Jordan has $5. 37, which he is using to buy ingredients to make salsa. He is buying one red pepper for $1. 29 and three pounds o
    11·1 answer
  • Who gains from inflation? multiple choice 3 those with the most skill. no one benefits from inflation. borrowers lenders
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!