Answer:
Suppose the government decides to increase taxes by $40 billion in order to increase Social Security benefits by the same amount. If the MPC is 0.9, will aggregate demand increase, decrease or remain unchanged at current prices with this combined tax transfer policy? No change Increase in AD O Decrease in AD
C. An increase in the price of piano parts(raw materials). Makes the firm purchase less raw materials(piano parts) to manufacture less finished goods(pianos) therefore less products(pianos) will be supplied.
Godiva chocolates produces specially decorated boxes of candies for valentine's day, easter, and christmas. This is an example of occasion segmentation.
Occasion segmentation is when you divide the market into different groups based on different occasions when a buyer will spend money on a product or service. Different products are normally marketed for events and time of the year.
Bundling of product is a tactic to sell the products and usually the sellers use this type of marketing techniques to sell their products.
<h3>What is a Product?</h3>
A product is a commodity that is produced by a seller and is then sold to the consumer, at a market price.
Bundle of products are made when there are products that have low demand and are not sold separately, these type of products are bundled with the products that have high demand and are presented as a bundle on a relatively cheaper price to attract the customer.
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Answer and Explanation:
The computation of the lower of cost or market for ending inventory applied separately to each product is presented below:
Product Units (A) Cost per Unit Market per Unit Minimum cost (B) Value (A × B)
Helmets 24 $50 $54 $50 $1,200
Bats 17 $78 $72 $72 $1,224
Shoes 38 $95 $91 $91 $3,458
Uniforms 42 $36 $36 $36 $1,512
Total cost $7,394
First we take the lower unit of cost or market and after than the lower unit should be multiplied with the number of units so that the ending inventory could come
