Answer:
By conducting primary research using unbiased panellists, entrepreneurs can gain the latest information about the consumer's wants and needs, allowing them to adapt their product or service accordingly and gain a competitive advantage.
Explanation:
Answer:
Option B is true.
Explanation:
Giving the following information:
The break-even point in units formula is:
Break-even point= fixed costs/ contribution margin
What changes the break-even point:
A variation in fixed costs.
A variation on the selling price.
A variation in the unitary variable cost.
<u>The higher the fixed costs, the higher the number of units. Lower the contribution margin, the higher the number of units.</u>
Therefore:
a. An increase in contribution margin per unit causes the break-even point in units to increase. False, is the opposite.
b. An increase in fixed costs causes the break-even point to increase. True, now the organization needs to sell more units to cover the fixed costs.
c. The break-even point in sales dollars equals total fixed costs divided by contribution margin per unit. False, in dollars you need to divide it for the contribution margin ratio (contribution margin / selling price).
d. A decrease in the variable cost per unit causes the break-even point in units to increase. False, is the opposite.
Answer:
The correct answer is option C.your granny's monthly social security payment
Explanation:
Judging from the formula used in computing the GDP,option A relates to household consumption as the new textbook is not for resale.
Option B also points to household consumption expenditure,as the cup of coffee is for household usage.
Option C does not have a place in the formula as it is not a payment for a good or service.It is a payment that cannot be tied to any transaction.Hence,option C is your best bet.
Paying wages means parting with money in return for value-adding services,so it features in the GDP computation.
Answer:
I would choose to invest in C-T bank since it offers $7.3675 more compared to Bank Wan
Explanation:
The two options can be expressed as shown;
Option 1: Bank Wan
A=P(1+r/n)^nt
where;
A=Total amount after a given time
P=Initial deposit
r-Annual interest rate
n=number of times the interest is compounded annually
t=number of years of the investment
In our case;
P=$1,500
r=2.5%=2.5/100=0.025
n=365 days
t=1 year
Replacing;
A=1,500(1+0.025/365)^(365×1)
A=1,500(1.02530
A=1,537.97
Total amount after a year=$1,537.97 for Bank Wan
Option 2: C-T Bank
P=$1,500
r=3%=3/100=0.03
n=2
t=1
Replacing;
A=1,500(1+0.03/2)^(2×1)
A=1,500(1.015)^2
A=1,545.3375
Total amount after a year=$1,545.3375 for C-T Bank
Total amount received to be received from C-T Bank-Total amount to be received from Bank Wan
=(1,545.3375-1,537.97)=$7.3675
I would choose to invest in C-T bank since it offers $7.3675 more compared to Bank Wan
<span>The company could consider diversifying when sales are beginning to slow and there is a way to leverage some of the business's core competencies in other areas that would be more competitive. In addition, this could allow the business to not worry about being "all-in" in a certain area, where that area's success or failure could lead to the entire business thriving or failing. By diversifying itself, the business can also lower production and sales costs or increase overall sales.</span>
