The statement the price of radio programming should fall is false.
<h3>What is Complements-in-consumption </h3>
Complements in consumption can be defined as the way in which two or more product complement each other when use of consume together or when use jointly.
Hence, Based on the scenario the statement is false because assuming the both music radio ,and concert are complements in consumption the price of radio programming will not fall.
Learn more about Complements in consumption here:brainly.com/question/12194202
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This wouldn’t by chance have multiple choice options would it?
Answer:
A. 3.21 years
Explanation:
In the payback, we analyze in how many years the invested amount is recovered. The computation is shown below:
In year 0 = $7,500
In year 1 = $1,100
In year 2 = $1,640
In year 3 = $3,800
In year 4 = $4,500
If we sum the first 3 year cash inflows than it would be $6,540
Now we deduct the $6,540 from the $7,500 , so the amount would be $960 as if we added the fourth year cash inflow so the total amount exceed to the initial investment. So, we deduct it
And, the next year cash inflow is $4,500
So, the payback period equal to
= 3 years + $960 ÷ $4,500
= 3.21 years
In 3.21 yeas, the invested amount is recovered.
Answer:
$865.75
Explanation:
The computation of break even point is given below:-
Total sales
= $23,000 + $36,000
= $59,000
Total variable cost
= $10,000 + $17,660
= $27,660
So, contribution margin = Total sales = Total variable cost
= $59,000 - $27,660
= $31,340
Profit volume ratio = (Contribution margin per unit) ÷ (Total sales) × 100
= $31,340 ÷ $59,000 × 100
= 53.11%
Since, the break even point = Fixed cost ÷ profit margin ratio
= $45,980 ÷ 53.11%
= $865.75
A country is possibly over investing in human capital if people are not educated enough to fill existing job openings is false. A country would be over investing in human capital if people were overqualified for the jobs that were available. A good example of this would be a lawyer only able to get a job at a department store. The lawyer is well overqualified for the job however, that is all they can find available.
