Answer:
The correct answer is option b.
Explanation:
The conversion cost can be defined as the cost incurred in converting direct materials into finished products. It includes direct labor costs and manufacturing overhead costs.
In other words, it is the production cost reducing the cost of direct materials.
It is the cost involved in transforming raw materials into finished products, however, it does not include the cost of raw materials.
In this particular scenario, the dairies are making an effort to change the way that adults perceive chocolate milk, and they want to reposition it in the minds of their customers.
The term "repositioning" refers to the process of moving a product's position in the mind of the client in relation to the benefits that the product provides. It is a very difficult and nuanced procedure due to the fact that the brand or product needs or requires changing the way in which the market views the product. Repositioning is the process of changing how a product or service is understood or perceived by a particular market. This can be done to attract new customers or retain existing ones.
The positioning of a product is determined by the customers' perceptions of the product's qualities and their judgments of the product in respect to competing products. Consequently, repositioning requires making significant adjustments to the way the target market perceives the product. Repositioning is not always easy, especially for companies that have established names and faces within their customer base.
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Answer:primary boycott
Explanation:Primary boycott means a boycott by a labor union and its members to stop consumers from using, purchasing, and transporting a particular employer's or a specific company's products, goods, or services.
To boycott means to stop buying or using the goods or services of a certain company or country as a protest.
The equilibrium price is $0.5 while the equilibrium quantity is 8.5
From the Demand data that we have in this question,
Slope = 3
Intercept = 10
The demand equation
D = -3p + 10
D = 10 - 3p
The supply data
Slope = 5
Intercept = 6
Supply equation
S = 6 + 5p
D = S
This is because at equilibrium, <u>supply = demand</u>
Therefore,
10-3P = 6+5P
collect like terms
10-6 = 3p+5p
4 = 8p
Divide through by 8
Equilibrium price = $0.5
The equilibrium quantity
D = 10 - 3*0.5
= 10-1.5
= 8.5
Therefore from the calculation, the equilibrium price is $0.5 and the equilibrium quantity is 8.5
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Answer:
Annual deposit= $60,982.31
Explanation:
Giving the following information:
Future Value= $2,500,000
Number of periods= 20 years
Interest rate= 0.07
<u>To calculate the annual deposit, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (2,500,000*0.07) / [(1.07^20) - 1]
A= 60,982.31
