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3 years ago

What 3 things must exist in order to have demand for a good or service?

Business

2 answers:

eimsori [14]3 years ago

6 0

- WANT a good

- willing to BUY the good

-have the RESOURCES to buy the good

VikaD [51]3 years ago

3 0

The utility function and the diminishing marginal utility.

the opportunity cost, indifference curve must be convex.

income budget.

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Our society is increasingly becoming more diverse. Discuss how this affects you as an individual, an organization, and society a

Mekhanik [1.2K]

Answer

Hello,

Well, a diverse society is stable and alive with positive dynamics, easy to adapt to changes and always geared towards a positive evolutionary.

As an individual, a diverse society offers greater opportunity for personal and professional growth.

In the society, diverse cultural views can inspire creativity and innovation. A diverse society has a pool of diverse skills base which allows an organization to produce broader and more adaptable range of goods and services.

A challenge in this is that integration across multicultural groups can be difficult due to negative cultural stereotypes. Some countries require navigating visa and application of employment laws that could be challenging requirements.

Diversity quotas in colleges can be outlawed but still allow colleges to consider race in admitting students.

Wish you luck!

5 0

3 years ago

When Mia and Shane are planning their honeymoon, their travel agent tells them that if they buy a special package, their trip t

nignag [31]

Answer:

bundle pricing

Explanation:

Bundle pricing

Bundle pricing is a marketing strategy in which company want to sell their products and services in price lower than they actually charge. The reason behind inducing bundle pricing is to allow customer to have more services and products by giving them discount.

In other words bundle pricing is mean to offer heavy discount in order to make huge profit by selling their products in large number.

8 0

3 years ago

Pope’s Garage had the following accounts and amounts in its financial statements on December 31, 2019. Assume that all balance s

EleoNora [17]

Answer and Explanation:

a. The computation of the total current asset is shown below

= Account receivable + cash + supplies + merchandise inventory

= $33,000 + $9,000 + $6,000 + $31,000

= $79,000

b The total liabilities and owners equity is

= Account payable + long term debt + common stock + retained earnings

= $23,000 + $40,000 + $10,000 + $59,000

= $132,000

c. The earnings from operations is

Sales revenue $140,000

Less cost of goods sold $90,000

Gross profit $50,000

add: service revenue $20,000

Less depreciation expense $12,000

Less supplies expense $14,000

Operating income $44,000

d. The net income is

= operating income - interest expense - income tax expense

= $44,000 - $4,000 - $12,000

= $28,000

e. The average income tax rate is

= $12,000 ÷ $40,000 × 100

= 30%

f. The beginning retained earnings is

= $59,000 + $16,000 - $28,000

= $47,000

5 0

3 years ago

According to the invisible hand theory, efficiency is dependent on the activity of interacting in free markets

AfilCa [17]

The invisible hand theory states that the <u>wealth of nation</u> is dependent on the activity of interacting in free markets.

<h3>What is invisible hand theory?</h3>

This refers to the tendency of the market prices to direct an individuals into pursuing their own self interests into productive activities which consequently promote economic well-being of society.

Hence, the invisible hand theory states that the <u>wealth of nation</u> is dependent on the activity of interacting in free markets.

Read more about invisible hand theory

<em>brainly.com/question/3078419</em>

#SPJ11

6 0

2 years ago

Read 2 more answers

Currently, Warren Industries can sell 15-year, $1,000-par-value bonds paying annual interest at a 12% coupon rate. Because c

Korolek [52]

Answer:

11.57% and 9.02%

Explanation:

For computing the before-tax and after- tax cost of debt we use the RATE formula i.e to be shown in the attachment below:

Given that,

Present value = $1,050 - $20 = $1,030

Future value or Face value = $1,000

PMT = 1,000 × 12% = $120

NPER = 15 years

The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

The present value come in negative

So, after solving this,

1. The pretax cost of debt is 11.57%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 11.57% × ( 1 - 0.22)

= 9.02%

6 0

3 years ago