Answer:
The correct answer is (D) all, maximizes her total utility.
Explanation:
Consumer's equilibrium is a defined as a situation in which an individual uses his or her money to buy goods in a manner in which the person obtains the highest satisfaction and has no need for a change in the level of consumption on account of the price of the product.
Consumer equilibrum enables an individual to obtain complete satisfaction from his or her money. Consumer equilibrum is found by comparing the ratio of the marginal utility to the price of a commodity.
The Pricing strategy which Dream Homes implemented is known as Price lining (Option A) which categorized the prices accordingly with the financial soundness of the customers.
Explanation:
The demand for more goods always plays a vital role in ensuring good sales. The likes of the customers towards particular products depend upon the nature of unique features and its fine quality. By capturing the pulse of the purchasing power of the customers, the business ventures fixed the prices according to the level of economical weaker sections, middle, and high-income groups.
In this case, Dream Homes fix the price of freezers by measuring the ability of customers' to buy them without compromising with the customers requirements. Dream Homes uses the price lining method to gain customers' reputation by selling the products accordingly with their status of income level.
Answer:
4 years
Explanation:
Payback period is the time in which a project returns back the initial investment in the form of net cash flow.
Initial Investment = $280,000
Net Income = $20,000
To calculate the net cash flows add bask the depreciation expense in Net income each year.
Depreciation = ($280,000 - $30,000) / 5 = $50,000
Net Cash Flow = $20,000 + $50,000 = $70,000
Payback period = Initial Investment / yearly cash flow = $280,000 / $70,000 = 4 years
Answer:
The restaurants have a unique ambience, known in legal terms as their
Trade dress
Explanation:
Trade dress protects all elements used to promote a specific service or product. Examples of trade dress include packaging and the atmosphere or décor within a place of business. The term "trade dress" comes from a 1992 court ruling and refers to the way a product is "dressed" to go to market.
Answer:
The net book value of the company = $3,415,000
Explanation:
<em>The historical cost concept states that assets should be stated at their historical cost. Under this concept, the value of a company is the the net-book value of its assets. The net book value of an asset is its historical cost less the accumulated depreciation to date.</em>
The book value of the delivery company
Net fixed assets $3, 200,000
Net working capital <u> $215,000</u>
Total book value <u> $3,415,000</u>
The net book value of the company = $3,415,000
