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NemiM [27]
3 years ago
6

Newspapers are sold daily in a wide variety of locations. This widespread distribution suggests that newspapers are classified a

s convenience goods.
Thue or False
Business
1 answer:
KonstantinChe [14]3 years ago
6 0

Answer:

True

Explanation:

Newspapers are classified as convenience goods. Convenience products are things buyers purchase regularly and effectively without placing a lot of thought into them. These incorporate papers, magazines and etc. Since buyers have a decent feeling of how a lot of these things cost, they don't consider their value except if it falls outside their desires.

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Which of the following statements regarding shrinkage is not correct?
Vesna [10]

Answer:

CORRECT: It is easier to detect shrinkage in a periodic inventory system than in a perpetual inventory system.

Explanation:

3 0
3 years ago
Consider the economies of Hermes and Gobbledigook, both of which produce gobs of goo using only tools and workers. Suppose that,
enyata [817]

Answer:

Hermes

Productivity (Gobs per worker)

2016    100

2036    120

Gobbledigook

Productivity

(Gobs per worker)

2016    80

2036    120

Initially, the number of tools per worker was higher in Hermes than in Gobbledigook. From 2016 to 2036, capital per worker rises by 4 units in each country. The 4-unit change in capital per worker causes productivity in Hermes to rise by a SMALLER  amount than productivity in Gobbledigook. This illustrates the effect OF CATCH UP which makes it POSSIBLE for countries with low output to catch up to those with higher output.

Explanation:

Hermes

Year Physical Capital Labor Force Output Productivity

(Tools per worker) (Workers) (Gobs of goo) (Gobs per worker)

2016    11    30      3,000  3,000/30=100

2036    15     30     3,600  3,600/30=120

Gobbledigook

Year Physical Capital Labor Force Output Productivity

(Tools per worker) (Workers) (Gobs of goo) (Gobs per worker)

2016   8   30   2,400 2,400/30=80

2036 12    30 3,600   3,600/30=120

Initially, the number of tools per worker was higher in Hermes than in Gobbledigook. From 2016 to 2036, capital per worker rises by 4 units in each country. The 4-unit change in capital per worker causes productivity in Hermes to rise by a SMALLER  amount than productivity in Gobbledigook. This illustrates the effect of CATCH UP which makes it POSSIBLE for countries with low output to catch up to those with higher output.

4 0
3 years ago
Three reasons why people might accidentally overdraw are:
Schach [20]

Explanation:

Before answering the question, we need to know what overdraw means. So overdraw is basically the drawing the excess of money which the account of a person actually holds. In simple words, when the money in someone account is more than the amount he thinks. He thinks he has more amount in his account and when he tries to withdraw, he comes to know the real amount. This could be because of many reasons, three of which are as follows:

They withdraw the amount from ATM and they may not record it. secondly they may have made a mistake in their arithmetic while estimating their equity, and thirdly, they might have forgotten to make a deposit.

All these reasons could be the reason for overdraw.

4 0
3 years ago
Sheen Co. manufacturers laser printers. It has outlined the following overhead cost drivers: Overhead Costs PoolCost DriverOverh
andriy [413]

Answer:

Total allocated costs= $53,070

Explanation:

<u>First, we need to calculate the allocation rates using the following formula:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Quality control=  77,000 / 1,100 = $70 per inspection

Machine operation= 153,000 / 1,500 = $102 per machine hour

Materials handling= 1,200 / 30 = $40 per batch

Miscellaneous overhead cost=   57,000 / 5,700= $10 per labor hour

<u>Now, we can allocate overhead:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Quality control= 70*295= 20,650

Machine operation= 102*240= 24,480

Materials handling= 40*6= 240

Miscellaneous overhead cost= 10*770= 7,700

Total allocated costs= $53,070

3 0
3 years ago
The ________ association area is responsible for perceiving and attending to stimuli, and the ________ association area is respo
maw [93]

Answer:

Parietal, temporal

Explanation:

The parietal association area is responsible for perceiving and attending to stimuli, and the temporal association area is responsible for identifying them.

7 0
3 years ago
Read 2 more answers
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