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EastWind [94]
3 years ago
12

The ____ adds up the money earned by producers plus taxes paid to the government

Business
2 answers:
SCORPION-xisa [38]3 years ago
7 0
Gross Income. Net income is after taxes have been deducted.
olga55 [171]3 years ago
6 0
Income approach is the correct answer im 100 percent sure of it
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You go to an all-you-can-eat buffet. Once you pay the price to enter the buffet, you can fill your plate as much as you want at
Snowcat [4.5K]

Answer:

<u>Zero</u>

Explanation:

Marginal utility refers to the extra satisfaction derived, which is expressed in utils, when an additional unit of a commodity is consumed.

Total utility reaches it's maximum point when marginal utility is zero. As total utility begins to fall, the marginal utility becomes negative.

Alfred Marshall cited the law of diminishing marginal utility, which states, as more and more units of a commodity are consumed, the successive utility derived must fall.

In the given case, if utility is maximized, the marginal utility derived from the last bite eaten would be zero.

3 0
3 years ago
The characteristic that all forms of direct marketing have in common is that they:
dlinn [17]
The characteristic that all forms of direct marketing have in common is that they:

are carried out by agents or brokers.

involve face-to-face or teleconferencing sessions with the customer.

include some type of activity that directly links manufacturers to the ultimate consumer.

make use of exclusive distribution systems with a network of traditional "bricks and mortar" stores.
5 0
3 years ago
The Kitchen Company makes toaster ovens and bread machines. Toaster ovens Sales price per unit: $60 Variable costs per unit: $38
Sever21 [200]

Answer:

The company should produce 7,500 bread machines to maximize profit

Explanation:

Given:

                                                                      Toaster Ovens Bread Machines

         Sales Price per unit                                     60                           135

Less: variable cost per unit                                   38                           75

Contribution Margin per unit                                22                           60

Machine hours per unit                                            1                           2

Now,

Contribution Margin per Machine Hour = \frac{\textup{Contribution Margin per unit}}{\textup{Machine hours per unit}}

thus,

Contribution Margin per Machine Hour        22                           30

Since,

The Contribution Margin per Machine Hour for the bread is more, therefore to maximize profits the kitchen company should produce Breads machines.

also,

Number of units to be produced = \frac{\textup{Machine hours}}{\textup{Machine hours required}}

= \frac{\textup{15,000}}{\textup{2}}

= 7,500 units

5 0
3 years ago
Developing, promoting, and distributing products to satisfy customer needs and wants is the marketing concept c. Marketing produ
Vitek1552 [10]

Answer:

d. Market segmentation

Explanation:

8 0
3 years ago
Individuals and businesses must choose between the different uses for their available resources. This is called ______ resources
ki77a [65]

The term by which individuals and businesses choose between the different use of available resources is called <u>allocating </u>and it is due to the concept of <u>scarcity</u>.

<h3>What is Scarcity?</h3>

According to economics, Scarcity signifies that the demand for a product or service exceeds the supply of that product or service.

It is the underlying truth of existence that there is only a finite number of human and nonhuman resources for each economic product.

Therefore, Individuals and business corporations must choose between several uses for the available resources they have from the idea of <u>allocating </u>resources and due to the concept of <u>scarcity.</u>

<u></u>

Learn more about scarcity here:

brainly.com/question/1088553

6 0
2 years ago
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