In a decision to either sell as is or process a product further, joint costs are considered irrelevant and process further costs are considered relevant.
The decision of whether to sell the product right away or wait to sell it in order to earn more money. Although we think that growing the business's income is great, we also need to make sure that the costs associated with the growth will be met. We must contrast the profit margin between selling now and selling later because additional processes will demand more resources and expenses.
Additionally, we need to make an effort to maximise the return on our investment. Additional processes might need more money spent on equipment. These factors require us to apply the sell or process further technique in order to choose the best course of action.
Typically, this scenario occurs in a joint product where one or more outputs can be generated and produce additional revenue. The joint products are produced at the same cost up until the point where they are divided and further sold or processed. Although the products can be sold at the split point, there are instances when continuing developing them is more profitable.
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Answer:
Economic ; Economic
Explanation:
A decision will be considered as 'economic reason' if that decision is based on monetary benefit. This is what Maria's intention when working at JCPenny. She just wants to get the highest salary as possible.
Joe on the other hand, works for patron.
Meaning that He works there seeking for connections. Even though he is not aiming directly for money/salary, getting connections actually a monetary reasons since it often lead to more career/business opportunities.
Interest rates and bond prices have an adverse correlation. Bond prices grow during periods of low-interest rates and decline during periods of high-interest rates.
<h3>What is the interest rate?</h3>
The cost of borrowing and the rewards for saving are both indicated by the interest rate. Since there is a premium if the coupon rate is higher than the market rate, the bond's price will be higher. Bond prices will decrease if the coupon rate is lower because there will be a discount.
The price of long-term bonds is more affected by interest rates than the price of short-term bonds. A bond's price varies depending on how long it is.
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Answer: Consumerization
Explanation:
Consumerization is the impact that consumer originated technologies will have on enterprises. Consumerization reflects how companies will be affected, and can take advantage of, latest technologies and models which improve in the consumer space,
In consumerization, new information technology emerge first in the consumer market and later spreads into firms and government organizations. .
A savings account you can redraw from, while a certificate of deposite has to be left alone for a certain while, and it ussually gains more interest.
