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Vladimir [108]
3 years ago
13

A firm currently sells $1,750,000 annually of an expensive product line. That firm is considering a similar, less expensive, dis

count line, and projects sales of $380,000. The discount line is expected to reduce sales of the expensive product line to $1,575,000. What is the incremental revenue associated with the discount product line?
Business
1 answer:
stepan [7]3 years ago
7 0

Answer:

$175,000

Explanation:

A firm currently makes an amount of $1,750,000 annually from an expensive product line

The firm projects a sales of $380,000

The discount line is expected to cause a reduction in the sales of the expensive product line to $1,575,000

Therefore, the incremental revenue associated with the discount product line can be calculated as follows

= $1,750,000-$1,575,000

= $175,000

Hence the incremental revenue associated with the discount product line is $175,000

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George is offered an investment opportunity by his friend Ray. He asks George for $6,900 and offers to repay him $12,990 after a
SVETLANKA909090 [29]

Answer:

Depositing in bank is a better option.

Explanation:

For this solution, we can either determine the interest rate given to George by his one of the friend or the future worth method,

Future worth method is used here,

Given that,

PV = $6,900

R = 9%

N = 10 Years

FV = PV\times(1+R)^{N}

FV = 6,900\times(1+0.09)^{10}

FV = 6,900\times(1.09)^{10}

FV = 6,900 × 2.3673

FV = $16,334.81

Since, the future worth of investing in bank is more than the money to be offered by the George's friend (16,334.81 > 12,900) and hence, depositing in bank is a better option.

8 0
3 years ago
LO 3.3When fixed costs decrease and all other variables remain unchanged, the break-even point will ________.
Alexxx [7]

Answer:

decrease

Explanation:

Break-even point is use to determine the minimum number of units a company needs to sell in order to fully cover the fixed costs. The formula for break-even point is ;

Break- even point = Fixed cost/ (Selling price - Variable cost)

When fixed cost(FC) is decreased while variable cost (VC) and selling price is kept at the same level, the numerator will be smaller making the break- even point to decrease.

6 0
3 years ago
Suppose the price of pepperpepper increases by 1010 percent​ and, as a​ result, the quantity of saltsalt demanded​ (holding the
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<span>The cross-price elasticity of demand between salt and pepper is -0.50 In this example salt and pepper are Complements. Instead, suppose salt and pepper were substitutes. If so, the the cross-price elasticity of demand between salt and peeper would be positive.</span>
6 0
3 years ago
Check the ONE factor that is NOT used to determine the best channel to send a message. *
mihalych1998 [28]

Answer:

Concern of your audiences response.

Explanation:

Communication can be defined as a process which typically involves the transfer of information from one person (sender) to another (recipient), through the use of semiotics, symbols and signs that are mutually understood by both parties.

The Sender Message Channel Receiver (SMCR) model of communication was developed and created by David Berlo in 1960. SCMR was developed from the Shannon-Weaver model of communication of 1949.

The SCMR model of communication comprises of four (4) main components and these are;

1. Sender (S) : this is typically the source of information (message) or the originator of a message that is being sent to a receiver. Thus, they are simply the producer of a message.

2. Channel (C) : this is the medium used by the sender for the dissemination or transmission of the message to the recipient. For example, telephone, television, radio, newspapers, billboards etc.

3. Message (M) : this is the information or data that is being sent to a recipient by a sender. It could be in the form of a video, audio, text message etc.

4. Receiver (R) : this is typically the destination of information (message) or the recipient of a message that is being sent from a sender. Thus, the receiver is any individual who is able to read, hear or see and process the message being sent or communicated in the communication process.

The factors used to determine the best channel to send a message includes the following;

I. The importance of a message

II. The amount and speed of feedback from the receiver (recipient).

III. The need for a permanent record of the message.

IV. Cost of the channel.

V. The degree of formality desired by the sender of the message.

VI. Confidentiality and sensitivity of the message being sent.

VII. The preference and level of technical expertise of the receiver (recipient).

3 0
3 years ago
What is potentially problematic about using religious symbols in<br> advertisements?
Sever21 [200]

Answer:

They might offend the intended audience.

Explanation:

If you have a certain religion and one company advertises one of those religions that is not yours customers may take offense to it and you will have less customers therefore less profit.

8 0
2 years ago
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