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3 years ago

_____ can be useful in analyzing how a choice affects a particular market and shapes the economic system as a whole.

Business

1 answer:

ololo11 [35]3 years ago

7 0

Answer:

A. Opportunity Cost

Explanation:

Choice affecting an economic system, market can be studied by : Macro Economics which studies Economy as 'a whole'.

On contrary, Microeconomics studies individual units of economy & marginal analysis is a tool used frequently in it. And ,Normative Economics reflects subjective non verifiable statements about how economy 'should be'.

So , all of three are not apt to analyse the above statement.

However, Opportunity Cost reflects cost of next best alternative sacrifised while making an economic choice. So ,it is useful to analyse 'choice' affecting an economic system, market. Eg :Opportunity cost is an important tool used in determining comparative advantage of a country in producing a good based on its opportunity cost (other good sacrifised to produce it).

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The crowding-out effect refers to the possibility that:

Natalka [10]

Answer:

a. a deficit, financed by borrowing in the capital markets, will increase the interest rate and reduce investment in the private sector.

Explanation:

Crowding out effect is when government borrowing from the capital markets leads to an increase in interest rate. this makes it more expensive for private sector to borrow and this reduces investment by private sector

6 0

3 years ago

A TV manufacturing company uses speakers at the rate of 8000/mo. When it places an order for speakers it incurs a fixed cost of

sveticcg [70]

Solution :

1. Ordering quantity 500 1000 10000 30000 80000

2. No. of orders 16 8 0.8 0.27 0.1

3. Average inventory 250 500 5000 15000 40000

4. Value of average 2750 5250 50000 142500 370000

inventory

5. Monthly total cost

a). Cost of material 88000 84000 80000 760000 740000

b). Ordering cost 19200 9600 960 320 120

c). Carrying cost 27.5 52.5 500 1425 3700

Total monthly cost 107227.5 93652.5 81460 77745 77820

Among the total monthly cost, $ 77,745 is the least cost.

Therefore, the optimum order size of quantity = 30,000

The number of orders per month = 8000/30000 = 0.267

Time between two consecutive orders = 30000/8000 = 3.75 months

7 0

3 years ago

Jim's Espresso expects sales to grow by 10.3 % next year. Using the following statements and the percent of sales method, forec

stepladder [879]

Answer:

Jim's Espresso

The forecasted costs will be :___________

a. Costs = $110,168

b. Depreciation = $6,575

c. Net Income = $70,482

d. Cash = $16,600

e. Accounts receivable = $2,283

f. Inventory = $4,511

g. Property, plant, and equipment = $11,085

Explanation:

a) Data and Calculations:

Sales growth = 10.3%

Balance Sheet

Assets Percentage of sales

Current Forecast

Cash and Equivalents $15,050 0.07357 $16,600

Accounts Receivable 2070 0.01012 2,283

Inventories 4090 0.01999 4,511

Total Current Assets $21,210

Property, Plant and Equipment 10,050 0.04913 11,085

Total Assets $31,260

Liabilities and Equity:

Accounts Payable $1,580

Debt 3930

Total Liabilities $5,510

Stockholders' Equity 25750

Total Liabilities and Equity $31,260

Income Statement: Current % Forecast

Year

Sales $204,560 1 $225,630

Costs Except Depreciation (99,880) 0.48827 (110,168)

EBITDA $104,680 0.51173

Depreciation (5,960) 0.02914 (6,575)

EBIT $98,720 0.48260

Interest Expense (net) (410) 0.00200

Pretax Income $98,310 0.48059

Income Tax (34,409) 0.16821

Net Income $63,901 0.31238 $70,482

The forecasts are based on sales of the current year and the next year.

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3 years ago

Variables that are based on some objective physical (gender, ethnicity), measurable (age, income), or other classification attri

prohojiy [21]

Answer:

Demographic segmentation

Explanation:

Demographic segmentation can be defined as a market segmentation in which variables such as gender, ethnicity, age, income, occupation of potential customers are taken into consideration.

The market is divided into segment according to age, race, religion, gender, family size, ethnicity, income, and education.

Demographic segmentation makes information such as who will buy your products, where to sell your product, how to market your product available to the producer.

It ensures that customers are well cared for. When a producer focus on a particular group of customers, they will be more committed and dedicated to satisfying their customers. Demographic segmentation ensures customer satisfaction.

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3 years ago

Question 38 All of the following statements regarding flextime are true EXCEPT it gives employees more personal control over tim

Vladimir79 [104]

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Any sort of dispute involving two or more persons is referred to as interpersonal conflict. Contrasted with an intrapersonal conflict, which is an internal conflict with yourself, this is not the same thing. Interpersonal conflict, whether mild or severe, is a typical result of human contact. The conflict in a tale, which serves as the opposing force, typically falls into one of four categories: conflict with one's own nature, conflict with people, confrontation with the environment, or conflict with supernatural forces. The affiliation, connection, contact, and link between two or more individuals are all considered to constitute interpersonal relationships. There are several varieties of connections. This section emphasizes four different kinds of connections.

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1 year ago