Answer:
The answer is: D) A good-quality radio particular to that brand of automobile
Explanation:
An order winner is a product´s characteristic that will make a client decide to purchase the product. Order qualifiers are products´ characteristics that makes the product be considered as a purchase option by customers. Order qualifiers are like minimum market standards that products must meet to be able to compete in that market.
In this question the only characteristic unique to the car manufacturer was the good quality radio (order winner). All the other characteristics were similar between brands or car designs.
Answer:
B) Incurable
Explanation:
The convenience store is working legally in front of your house, and unless you have enough money to buy the whole business and close it, then you cannot do anything about it. That is what incurable means in real estate: the costs of improvements or corrections necessary are higher than the value that is added by the improvement or cure.
That is probably the reason why the house is so cheap and Maria can afford it.
Answer:
c. 600
Explanation:
One pack of diapers requires two pounds of raw material and one hour of direct labor for manufacture. Since Raw material costs $3 per pound and direct production labor is paid $4 per hour.
Therefore the cost of producing one pack of diaper = 2 pounds($3 per pound) + 1 hr($4 per hour) = $6 + $4 = $10
Since Fixed supervisory costs are $2,000 per month and EB rents its factory for $4,000 per month, the total expense for x diapers per month is given as:
Expense = $2000 + $4000 + $10x = $10x + $6000
The revenue generated by selling x diapers per month since one pack is sold at $20 is given as:
Revenue = $20x
At break even, Revenue = Expense
Therefore: $10x + $6000 = $20x
20x - 10x = 6000
10x = 6000
x = 6000/10 = 600
EB would need to sell 600 diapers to break even
Answer:
2. (i) demand-side; (ii) both; (iii) supply-side; (iv) supply-side; (v) both
Explanation:
a. $1,000 per person tax reduction ⇒ focus on aggregate demand (more money for consumers to spend)
b. a 5% reduction in all tax rates ⇒ focus on both aggregate demand and supply (more money for consumers and suppliers)
c. Pell Grants, which are government subsidies for college education ⇒ focus on aggregate supply (more money for suppliers of college education)
d. government-sponsored prizes for new scientific discoveries ⇒ focus on aggregate supply (more money for suppliers of new scientific discoveries)
e. an increase in unemployment compensation ⇒ focus on both aggregate demand and supply (more money for consumers resulting in higher prices and lower output)
Answer:
market outcome is inefficient
Explanation:
This means that the market outcome is inefficient.
Since people usually exploit gains for the trade.
These are principles of individuals, The above statement further means market failure and individual pursuit self interest found in the market make the society worse off.
