Answer:
The answer is: 17
Explanation:
Demand is defined as the goods individuals are willing to purchase at the prevailing market prices. The demand curve expresses the relationship between the quantity demanded of goods at given market prices while holding all other factors constant. The given information expressed in tabular form is as follows:
Price Buyer1Qd Buyer2Qd Buyer3Qd Market Demand
$6 7 4 6 17
$5 9 7 8 24
$4 15 10 12 37
$3 21 15 16 52
In order to calculate total market demand, individual demand at the given prices are added horizontally, that is at a price of $6, total demand is 17, at $5 the total demand is 24 and so on. The higher the price the lower the quantity demanded and so on. The quantity demanded of a good and its price are inversely related.
Answer:
Company logo cost and the two year service contract
Explanation:
The capitalized cost of the asset includes those costs that is shown on the asset side of the balance sheet.
In the given scenario, the capitalized cost includes acquisition cost, sales cost, and the title transfer fee
But the cost that is not capitalized and is not reflected on the balance sheet is a company logo on the van and the two-year service contract
Answer:
D. short-term financing
Explanation:
Based on the information provided within the question it seems that in this scenario Millard's Department Stores should utilize short-term financing. This is a short term loan (usually less than one year) that you can use for you daily business operations. Which is exactly what Millard's Department Store needs in order to pay off the suppliers to continue receiving payments and continue it's business operations to make money.
Answer:
The correct answer is letter "B": The new product should deliver a meaningful and perceivable benefit to a sizable number of people.
Explanation:
A new product is a good or service that is going to be introduced to the market to satisfy the need for a specific sector. <em>For the new product to be successful, the need that it satisfies should represent a benefit for the target audience great enough to make them pay for it</em>. Besides, the new good or service must bring a differential feature to consider it more attractive compared to competitors or similar products that might already exist.
