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gavmur [86]
3 years ago
11

"All else held constant" is a major problem facing all methods of estimating the demand for business products. Compare and contr

ast how the marketing and economic approaches deal with this problem. Please use examples.
Business
1 answer:
pshichka [43]3 years ago
3 0

Answer:

In Economics, the phrase "All esle held constant" is also sometimes written in Latin "Ceteris Paribus". In Economics, this assumption is fundamental to the whole academic discipline since Economics is based on economic models that make a series of assumptions in order to reach partial conditions.

So in Economics, the reasoning is always in the manner of "all else held constant".

In Marketing, what is always done is to estimate demand for a product, and then, apply a marketing strategy in order to try to not only meet demand, but sell even more. This is because the main goal of Marketing is to satisfy customers beyond their expectations.

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In October of the current year, Jasmine received a $15,520 payment from a client for 32 months of rent. The rental period begins
serg [7]

Answer:

Jasmine recognize $1,940 this year if she uses the accrual method of accounting.

Explanation:

The Accrual or Matching Concept in accounting requires revenues and expenses to be recorded in the period i which they occur or incur.

The entry to record the receipt of payment is :

Cash $15,520 (debit)

Unearned Rental Income $15,520 (credit)

By the end of the year on 31 December, 4 months rent income starting September will have been earned and entries are as follows :

Unearned Rental Income $1,940 (debit)

Rental Income $1,940 (credit)

Rental Income calculation = $15,520 × 4 / 32

                                           = $1,940

5 0
3 years ago
A marketing concept is a plan on how to market a product of service to consumers.
kkurt [141]
I believe the answer could be TRUE correct me if im wrong and i hope its right and i just wanna be a good friend too you by answering this dawg!!!
5 0
3 years ago
Becca, an office manager for a small construction company, met with representatives from Xerox and Minolta, along with the presi
lilavasa [31]

Answer: User

Explanation: Becca has the role of the user of the new copier machines being purchased for their company, because although she isn't the one making the purchase, she is the one who has the duty to operate the machines on a daily basis.

6 0
3 years ago
Omega Inc. expects its net income to be $525,000 this year. The firm's dividend payout ratio is 60 percent. The firm is financed
REY [17]

Answer: $700,000

Explanation: Retained earnings is the amount of earnings left with the company after paying for dividends of common stockholders.

Retained earnings break even can be computed as follows :-

Break\:even=\frac{retained\:earnings}{equity\:ratio}

where,

retained earnings = net income (1- payout ratio)

                              = $525,000 (1 - 60%)

                              =  $210,000

therefore,

Break\:even=\frac{210,000}{0.3}

=$700,000

3 0
3 years ago
A nation whose interest rate is rising more rapidly than interest rates in other nations can expect the international value of i
Pavlova-9 [17]

Answer:

true

Explanation:

The exchange rate is the rate at which one currency is exchanged for another currency

If interest rate is higher in a country compared to other countries, investors would be interested in investing in that country because they would earn a higher return for their investment.

As a result of the higher flow of funds into the economy with the higher interest rate, the demand for the country's currency increases. If the demand increases relative to supply, the value of that currency relative to other currencies increases and its exchange rate increases. this is what is referred to as currency appreciation

6 0
3 years ago
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