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3 years ago

A view of a spectacular sunset along a private beach is an example of_______.

Business

1 answer:

Digiron [165]3 years ago

5 0

Answer:

B. NON RIVAL but EXCLUDABLE good

Explanation:

A good is Excludable if it can be feasibly prevented to be used by people , by efficiently excluding non paying consumers from using it . Ex: Excludable - Private Property , Non Excludable - Air Pollution

A good is Rival , if it's consumption by a consumer doesn't reduce it's availability for consumption by other consumers . Ex : Rival - Food Item , Non Rival - Voice of a Radio

A view of spectacular sunset along a private beach is : Excludable ; because of it being 'Private' - so can prevented to be accessed by non paying consumers Non Rival ; because consumption of that view by a consumer doesn't reduce its potentiality to be viewed by other people [unless its exceptionally crowded]

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Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual i

White raven [17]

Answer and Explanation:

The journal entries are shown below:

1. Merchandise Inventory $1,620

To Accounts Payable $1,620

(Being the calculators purchased on account)

2. Merchandise Inventory $50

To Cash $50

(Being freight expenses paid for cash)

3. Accounts Payable $38

To Merchandise Inventory $38

(being the returned inventory is recorded)

4. Accounts Receivable $690

To Sales Revenues $690

(Being the sales is recorded)

Cost of Goods Sold $520

To Merchandise Inventory $520

(Being the cost is recorded)

5. Sales returns $45

To Accounts Receivable $45

(being the sales return is recorded)

Merchandise Inventory $34

To Cost of Goods Sold $34

(Being the cost of returned is recorded)

6. Accounts Receivable $760

To Sales Revenues $760

(being the sale is recorded)

Cost of Goods Sold $570

To Merchandise Inventory $570

(Being the cost is recorded)

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3 years ago

Assume that at the current market price, a perfectly competitive firm's profit-maximizing level of output yields total revenues

wlad13 [49]

Answer:

c. The firm is earning zero economic profit and should continue to operate.

Explanation:

This is because at that point firm has not earned any profit or facing a loss.

6 0

3 years ago

Carrie's Car Care receives more than 25% of its total sales revenues from operations outside of the United States. Carrie's woul

Anvisha [2.4K]

Answer:

The answer is: E) None of these.

Explanation:

A foreign national is a person who wasn´t born in the country in which he or she temporarily lives in.

We don´t have enough information to know if Carrie´s Car Care is a wealthy company. Maybe its total sales are just $10,000 a year but they export $2,500.

A multinational corporation usually has branches or subsidiaries. All we know about Carrie´s Car Care is that it makes some money outside the US, but we don´t know how. Maybe they simply export 25% of their products or maybe they are a huge multinational corporation. Not enough information.

The term globalization corporation doesn´t exist. The term corporate globalization refers to very large multinationals that reach all or most of the world´s markets.

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3 years ago

All things equal, a magma will have __________ viscosity than a lava

mixas84 [53]

The answer to this question is Lower
Viscosity refers to the rate of thickness on a certain substance compared to another. Unlike magma, Lava is the mixture of various liquid, crystals, and some elements such as silicon, oxygen, aluminum, calcium, iron, magnesium sodium, potassium, phosphorus, and titanium, which makes it significantly more thicker compared to magma.

3 0

3 years ago

What are some of the primary reasons a company decides to expand internationally? Identify a company in the news that has recent

nignag [31]

Answer:

Primary reasons a company would decide to expand internationally are as follows:

Expanding markets and increasing sales are one of the primary reasons.
Companies get globalized in order to become a market leader.
The company may choose to enter into international market in order to diversify a company's product line.
Markets and investments would be protected by companies once they enter into international market and get engaged in an international business.
Controlling the expenses is again one of the most important reasons. Company would buy the resources to gain cost advantage.
For example, the company which is located in Canada gets most of their resources from China; the company would look forward to get situated near China.
Another reason would be, to get protected from their competitors or to gain advantage over them; the company would decide to expand internationally.

The three motivational factors that induce a company to go global are as follows:

Economies of Scale — The advantage that a company gain through mass production to achieve the lowest possible production cost per unit.
Economies of scope — The advantage that a firm gains by producing different varieties of products and services and at different regions.
Low-Cost Production Factors — It is an opportunity to purchase the resources at the lower possible cost.

Jaguar Land Rover decided to manufacture cars outside the UK for the first time. In recent years, it has rapidly expanded in its home UK and the company is planning to go to Brazil and implement the strategies that they had implemented in India.

Jaguar Land Rover moves to other countries to gain the opportunity of producing at a lower price and to gain economies of scale.

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3 years ago