Answer: 2 sacks of potatoes
Explanation:
In the past, meatballs cost 4 crowns per crock which was twice the price of Potatoes at 2 crowns per sack.
Now that potatoes were are the new currency but relative prices apply, the same notion above applies too.
If meatballs are twice the price of potatoes and potatoes are now the currency, then meatballs which are still twice the price of potatoes must be:
= 2 * 1 sack of potatoes
= 2 sacks of potatoes
Answer:
$1,498,750
Explanation:
The computation of total cost to be purchased is shown below:-
Materials purchased = Ending inventory + materials used - Beginning inventory
= (23,100 × 20% × 2.5) + (24,400 × 2.5) - 12,600
= 11,550 + 61,000 - 12,600
= 72,550 - 12,600
= 59,950
August purchase = Materials purchased × Cost per kilogram
= 59,950 × $25
= $1,498,750
Therefore for computing the august purchase we simply multiply material purchased with cost per kilogram.
a larger company can seem more reliable to some people and often times large companies can run smaller ones out of buisness
Answer:
Monetary Policy
Explanation:
Monetary Policy aims to alter aggregate spending (spending) in economy by changing the interest rates, as interest rates are the 'cost of money' to public. This policy is decided by Central Bank.
Monetary Policy has Quantitative tools : Bank Rate, Repo Rate, Legal Reserve Ratio etc and Quantitative tools : Selective Credit Control, Moral Suasion etc.
If the above tools are used to provide public cheaper money (low interest rate credit), it is called Expansionary Monetary Policy. If the above tools are used to provide public costlier money (higher interest rate credit), it is called Contractionary Monetary Policy.
Answer:
Product re positioning
Explanation:
Product re positioning is a process of altering the incumbent perception about a product's benefit , features , overall identity and targeted market in comparison to what similar competitive products are offering.
Such product can be redefined to attract a wider and new market targets.
It requires a lot of innovation , strategies and hard work as the target market has to be convinced of the changes and improvement of the product and the old view of the product completely erased.