There is 1000 tickets and you have one so you have 1 in a 1000 chance
Answer: True
Explanation:
A convenient product is the product that is relatively inexpensive item that merits little shopping effort.
A convenient product refers to an inexpensive product which requires a little amount of effort from the consumer to purchase it. Some examples of convenience products include soft drink, bread, coffee.
Therefore, the statement given is true.
Answer:
The correct answer is option e
e. Zero to $5,000
Explanation:
<em>Net Present Value (NPV) : This is one of the techniques available to evaluate the feasibility of an investment project. The NPV of a project is the difference between the present value of the cash inflows and the cash outflows of the project discounted at the required rate of return</em>
PV of cash inflows
= $15,600 × (1.15)^(-1) + ( $15,600× 1.15^(-2) + ($28,900 × 1.15^(-3) ($15,200 × 1.15^(-4)
=53,053.92
NPV =53,053.92-48,100
NPV =4,953.927
Answer:
The correct answer is when to buy.
Explanation:
When a consumer has checked all the alternatives and has made the purchase decision of what to buy, he still needs to decide from whom to buy and at what time or when to buy. This is because the price of assets or goods keeps changing with the passage of time. The change in price depends on market situations at that time.
There are a number of factors that affect the price level in the market. For instance,
- Income level
- Business cycle
- Interest rates
Changes in these factors cause a change in the price of goods and services and other assets.
Answer:
D : production capacity is prioritized to the product with the highest unit contribution margin.
Explanation:
The poduct with the highest unit contribution margin is key to calculate the Gross Profit Margin
.
"Gross profit margin analyzes the relationship between gross sales revenue and the direct costs of sales. This comparison forms the first section of the income statement. Companies will have varying types of direct costs depending on their business. Companies that are involved in the production and manufacturing of goods will use the cost of goods sold measure while service companies may have a more generalized notation.
Overall, the gross profit margin seeks to identify how efficiently a company is producing its product. The calculation for gross profit margin is gross profit divided by total revenue. In general, it is better to have a higher gross profit margin number as it represents the total gross profit per dollar of revenue.
"
Reference: Beers, Brian. “Gross, Operating, and Net Profit Margin: What's the Difference?” Investopedia, Investopedia, 14 Sept. 2019
