Answer:
The correct answer is (d)
Explanation:
Better quality can help to reduce many costs such as customer’s dissatisfaction cost, inspection cost and warrant and service cost. When customers don't like the quality of the product they are likely to buy the same product from somewhere else that is the dissatisfaction cost. Still, maintenance cost is likely to incur no matter how good the quality is. Maintenance cost helps to keep the product clean and fresh for long-term use.
Answer:
Total producer surplus= $30
Explanation:
Producer surplus is the difference between the price a seller is willing to sell and the market price or actual price at which the item is bought. The producer surplus is the additional benefit the seller gets from a sale.
Consumer surplus= Market price - Price seller is willing to sell for
Marco is willing to sell at $15 hour
Kelly is willing to pay $30 per hour
Mike is willing to pay $20 per hour
Surplus from Kelly= 30- 15= $15
Surplus from Mike= 20- 15= $5
Total producer surplus= ($15*1 hour) + ($5 *3 hours)
Total producer surplus= 15 + 15= $30
Answer:
<em>HELLO</em><em> </em><em>CAN</em><em> </em><em>U</em><em> </em><em>TELL</em><em> </em><em>ME</em><em> </em><em>HOW</em><em> </em><em>TO</em><em> </em><em>SEE</em><em> </em><em>LEADERBOARD</em><em> </em><em>HERE</em><em> </em>
<em>I</em><em>N</em><em> </em><em>AUSTRALIA</em><em> </em><em> </em>
<em>I</em><em> </em><em>AM</em><em> </em><em>FROM</em><em> </em><em>INDIA</em><em> </em><em>AND</em><em> </em><em>I</em><em> </em><em>M</em><em> </em><em>HERE</em><em> </em><em>TO</em><em> </em><em>EXPLORE</em><em> </em><em>THE</em><em> </em><em>ASTUTRALIAN</em><em> </em><em>BRAINLY</em><em> </em>
<em>PLEASE</em><em> </em><em>HELP</em>
Answer:
selling expense
Explanation:
The cost which is charged to manufactured a product is known as product cost
Plus product cost is a combination of direct material; direct labor and indirect cost i.e indirect material and indirect cost
In mathematically,
Product cost = Direct materials cost + Direct labor cost + manufacturing overhead cost
The indirect cost is also known as manufacturing overhead cost.
The cost which is charged to manufactured a product is known as product cost
Answer: d. No, a contract has not been formed, since Harry has not signed a contract for the goods.
Explanation:
The Uniform Commercial Code (UCC) utilizes the Statute of Frauds which states that contracts for goods worth over $500 in value are to be signed for them to be valid.
The goods here are worth:
= 1,200 * 2
= $2,400
This contract is well worth over the $500 required for the contract to be signed which means that as Harry did not sign the contract, there is no contract.