Answer:
Consumers are basis for any economy to work out.It is the consumers for which the country works and makes sure to fulfil the demand of the market. New businesses come into existence because they create needs in the consumers and fulfil those needs. These businesses become a part of the economy and therefore give an input.
If there are no consumers, there will be o demands and the produces will have no needs or demands to fulfil which would lead to less production and therefore leading towards the fall of the economy.
-You should buy something on sale after holidays.
-When it's least crowded
-When there's an official clearance
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Is this a reference to something
Answer:
This is an example of technology spillover and positive externalities.
Explanation:
Technology Spillover: The advantageous outcomes of new technological expertise on the productivity and creative capacity of other firms and nations are summoned as technology spillover.
Positive Externalities: When the consumption of goods and services leads to the benefits of other people, the term is known as positive externalities. If I become an educationist (assuming education as a good), it will help me to receive the private benefit. Besides the individual interest, I can help others to educate people.
Therefore, when Turning Inc. creates the first solar-powered cell phone battery, and it lasts up to 10 hours, it produces spillover technology.
When another company encourages to formulate technology with more lasting power, it creates a benefit for the other people as well as the technology spillover.
Hello, your answer is below!
I happened to be a business consultant outside of answering on this site, so here is how I can answer this! Hope it helps!
In its most basic form, a business plan explains where you want your startup to go in a certain time frame and how you intend to get there. A business plan is just as vital for starting a company as blueprints are for building a house. Extensive research (online or in libraries) can assist you in answering concerns regarding price structure, sales, funding, and other difficulties that may arise throughout the planning phase. One fascinating thing you'll find is that when drafting a business plan, you'll come across critical challenges that you would not have considered otherwise. One crucial piece of advice we have for all startup entrepreneurs is to "create your business plan" yourself rather than outsourcing it to professionals. The process of creating a business strategy is far more significant than the finished product. You may utilize tools like Business Plan Pro or create a structured business plan in the right style. Your bank manager, business advisory groups, alternative financing sources, and even friends and coworkers who will be operating the firm and using your plan on a regular basis may study your business plan. As a result, ensure that your strategy is comprehensive, transparent, and well-structured for everyone to grasp.
- ROR
Answer:
$1.25
Explanation:
With regards to the above and given that;
Direct material = $510 310
Direct labor = $410 $670
Manufacturing overhead?
Work in process = Direct material + Direct labor + manufacturing overhead
$3,250 = $820 + $1,080 + MOH
$3,250 - $1,900 = MOH
MOH = $1,350
Overhead rate = MOH/Direct labor hour
= $1,350/1080
= $1.25
