Answer:
C) Expense $23,000 for 2018.
Explanation:
Iris owns and operates TV rental outlets, so all the expenses she makes while investigating possible purchases of related businesses (other TV rental outlets) can be deducted from her income. This deductions can be made regardless of whether Iris ended up purchasing the new stores or not.
Answer:
1. b. Competitive
2. a. It should provide superior value in terms of lower price, and/or convenience, and accessibility
Explanation:
The competitive pricing is marketing strategy in which a product price is set after careful consideration of competitor's price. The pricing of a product is determined based on competitor's product price. The Carmax product moisture plus should follow competitive pricing strategy as the market is not in the mature stage.
The Carmax should offer lower price and create high value to the consumers. Carmax can gain competitive advantage by economies of scale and some unique features.
Answer:
50%
Explanation:
The formula and the computation of the contribution margin ratio is shown below:
Contribution margin ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $40 per unit - $20 per unit
= $20 per unit
So, the CM ratio is
= ($20 per unit) ÷ ($40 per unit) × 100
= 50%
Answer:
The correct answer to the following question is option B) The government should use the contractionary fiscal policy to shift the aggregate demand to the left .
Explanation:
In the situation where inflation is rising at a fast speed in the economy, then government needs to use contractionary fiscal policy in which government will decrease their spending and increase the taxes in order to decrease the spending of people and the aggregate demand ,which will then ultimately lead to shift in the aggregate demand towards the left.
