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Eddi Din [679]
3 years ago
6

Which of the following is an advantage of newspaper advertising?

Business
1 answer:
Furkat [3]3 years ago
4 0

Answer: Option A  

                             

Explanation: One of the major advantage of using newspaper is that an individual can reach to the prospects on such demo-graphical areas where other mediums might not work effectively and efficiently.

If an entity wants to advertise its product to smaller audiences at living in difficult places then it should go for newspaper. Also newspaper is the most common medium as one might not watch tv or listen radio daily but most of the individuals read newspaper everyday at morning.

Hence the correct option is A .

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Mack's guitar fabrication shop produces low cost, highly durable guitars for beginners. Typically, out of the 100 guitars that b
Anuta_ua [19.1K]

Answer:

a. Labor productivity is 16.67 per hour

b. Multifactor productivity = 0.93

Explanation:

a.

Number of guitars produced = 100

Guitars good enough to sell = 80%

Number of guitars good enough to sell = 80% * 100 = 80 guitars.

Selling per price = 250

Labour hours per guitar = 12 hours

Value of output = 250 * 80 = 20.000

input in labor hourse = guitars produced * labors per guitar = 100 * 12 = 1200 hours

Labor productivity = output/input = 20.000 / 1.200 = 16.67 per hour

Therefore, labor productivity is 16.67 per hour

b.

labor cost = 11 per hour

material cost= 42 per guitar

overhead cost = 4.000

total labor cost = guitars produced* labor cost per hour*labor hours per guitar

= 100*11*12

=13.200

Total material cost = guitars produced * material cost per guitar = 100 * 42 = 4.200

Multifactor productivity = output / labour cost + material cost + overhead cost

Multifactor productivity = 20.000 / (13200 + 4200 + 4000)

Multifactor productivity = 20.000 / 21.400

Multifactor productivity = 0.93

4 0
3 years ago
John decided to leave his job and open a bookshop in the city center. He was working as an engineer before and getting an annual
marishachu [46]

Answer:

a) Calculate the implicit costs

Implicit costs are the opportunity costs, the earnings that John forgone for running his business. These are:

His $35,000 annual salary as an engineer.

His $60,000 savings earning a 7% interest rate, for a total annual return of $64,200,

So his total implicit costs are 35,000 + 64,200 = $99,200

b) Calculate the explicit costs.

The explicit costs are the things John has to actually pay money for while running his business: 20,000 for his worker + 15,000 for rent, and 10,000 for utilities = 45,000 in total.

c) Calculate the total cost.

Total costs = implicit costs + explicit costs

Total costs = 99,200 + 45,000

Total costs = 144,200

d) Calculate his profit/loss.

His accounting profit is the revenue he obtains from his business minus his explicit costs:

accounting profit = 210,000 - 45,000 = 165,000 profit

His economic profit is the revenue minus his total costs

economic profit = 210,000 - 144,200 = 65,800 profit

e) Should he continue to the business or go back to his job?

He should continue running his business because he is earning both an economic profit and an accounting profit compared with what he was earning as an engineer + his savings.

3 0
3 years ago
In the united states about ________ of all jobs are in consumer services.
gregori [183]
<span> 50 percent

Hope this helps!</span>
4 0
3 years ago
Imagine that a researcher wants to test the hypothesis that getting married increases happiness. he finds 100 people who are mar
GuDViN [60]

Answer: This is a qualitative research design.

A qualitative research design is usually used when one wants to understand people’s experiences, that are not usually quantifiable.

This research design does not aim to build a model and predict values. Rather, <u>it’s aim is to explore and understand existing experiences.  </u>

In a qualitative research design, the researcher decides the hypothesis that needs to be tested even before collecting the data. The researcher then collects the data, analyses it and interprets the results himself.

6 0
3 years ago
Read 2 more answers
Boyd Docker engaged in the following activities in establishing his photography studio, SnapShot!:
WARRIOR [948]

Answer:

1. Dr Cash $8,290

Cr Common stock $8,290

2. Dr Supplies $980

Cr Cash $390

Cr Accounts payable $590

3. No Entry $0

No Entry $0

Explanation:

Preparation of the entries to record the transactions

1. Based on the information given if he deposited the amount of $8,290 of his own money into this account in exchange for common stock the journal entry will be:

Dr Cash $8,290

Cr Common stock $8,290

(Being To record the investment)

2. Based on the information given in a situation where he Purchased photography supplies at a total cost of the amount of $980 which means that if The business paid the amount of $390 in cash, and the balance is on account the journal entry will be:

Dr Supplies $980

Cr Cash $390

Cr Accounts payable $590

($980-$390)

(Being To record the purchase of supplies)

3. Based on the information given in a situation where he Obtained the estimates on the cost of photography equipment from the three different manufacturers which means that no transaction or entry will be recorded.

No Entry $0

No Entry $0

4 0
3 years ago
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