In the experiment described in the passage, noumenon corporation was trying to determine the price that

1 answer:

7 0

<span>The corporation was trying to determine the price that would bring in the most money.
The pricing of the product will be determined by several main factors such as the total cost to create the products , the situation with competitors, the rarity of the products, and the predicted average earnings that their target consumers had,</span>

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The starting point of late adulthood is best described as ____.

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<span>The starting point of late adulthood is best described as rather vague </span>

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3 years ago

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Suppose you want to have $400,000 for g retirement in 25 years. Your account earns 8% interest. How much would you need to depos

MA_775_DIABLO [31]

Answer:

$418

Explanation:

FV = $400,000. This is the amount you want to have in your retirement account 25 years from now

i/r = 8%/year = 0.67%/month. The interest that the account pays

n = 25 years = 25 x 12 = 300 months

PV = 0

PMT (The amount of monthly deposit required to achieve the target above. This is the missing value we need to calculate)

By using financial calculator, we obtain:

PMT = $418

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3 years ago

Darnell lives in an area where labor is plentiful and locations for start-ups are relatively cheap. He is also confident that he

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Answer:

B) Entrepreneurship and knowledge

Explanation:

For Darnell, labor is readily available. The many locations where he can set up his business represents land. He is sure to get start-up funds, which is capital. Out of the four factors of production, he now needs entrepreneurship skills and knowledge.

Entrepreneurship is the art of creating a new business and managing it to profitability. It involves taking risks associated with pursuing a business opportunity. Darnell is the entrepreneur in this case. He has to coordinate all the other factors of production and make them work as a unit. He needs the knowledge to start and manage the business to make it successful.

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3 years ago

The Cooper Furniture Company of Potomac, Maryland, assembles two types of chairs (Recliners and Rockers). Separate assembly line

ale4655 [162]

Direct costs are a price that can be linked directly to the manufacturing of certain goods or services.
The cost object can be connected directly to a service, product, or department.
Direct expenses often vary from different production levels, such example, inventories, which implies that they vary.
Direct costs vary in expenses directly related to variable manufacturing costs With a production unit With production unit, fixed costs do not fluctuate.