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kykrilka [37]
3 years ago
5

An accountant buys a supply of pencils to be used in calculating the taxes of other business firms. based on this information, p

encils in this case would be considered what type of product?
Business
2 answers:
masya89 [10]3 years ago
7 0
Buisness Product.............
Zanzabum3 years ago
5 0

Options:

a) Business

b) Process materials

c) Raw material

d) Convenience

e) Consumer

Answer:

A) Business

Explanation:

Products are classified as being business products or consumer products depending on what purpose the  buyer's will use them for. If the buyer uses them to produce another product or service, then they are business products, but if the buyer only uses them for personal uses (non-commercial uses), they are consumer products.

In this case, since the accountant uses the pencils to carry on his professional activities, the pencils would be classified as business products.

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________ exists when a large number of firms produce goods that are similar but customers believe there is a difference.
hichkok12 [17]

Answer:

Monopolistic Competition

Explanation:

4 0
3 years ago
Read 2 more answers
Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint pr
SashulF [63]

Answer:

Incremental loss of Spock = $19,800

Incremental profit of Uhura = $12,300

Incremental profit of Sulu = $94,200

Explanation:

Note: See the attached excel for the determination the incremental profit or loss that each of the three joint products.

In the attached excl file, the following formulae are used:

a. Incremental sales value = Sales value of processed product -  Sales value at split off point

b. Incremental profit (loss) = Incremental sales value - Costs to process further

Download xlsx
5 0
3 years ago
You're trying to save to buy a new $199,000 Ferrari. You have $49,000 today that can be invested at your bank. The bank pays 5.7
Gelneren [198K]

Answer:

It will take 25.28 year to have enough to buy the car ( ignoring Inflation effect)

Explanation:

Current Deposit = PV = $49,000

Future Value = FV = $199,000

Interest Rate = r = 5.7%

Use following Formula

FV = PV ( 1 + r )^n

$199,000 = $49,000 ( 1 + 0.057 )^n

$199,000 / $49,000 = ( 1 + 0.057 )^n

4.06 = 1.057^n

Log 4.06 = n log 1.057

n = log 4.06 / log 1.057

n = 25.28

it requires 25.28 year to have an amount to buy the Ferrari.

6 0
3 years ago
Entrepreneurship is the component of human resources that performs the functions of​ organizing, managing, and assembling the ot
MArishka [77]

Answer: True

Explanation: Entrepreneurship is the ability to create and run a business venture with the aim of generating a profit. This comes in the form of starting new businesses. It takes into account planning, organising, managing an assembling the 4 factors of production, and using these factors to create a product or service that customers can buy, in exchange for money. The four factors of production are: land, labour, natural resources and capital. It is important to note that although entrepreneurs aim to make a profit, they can also bear risks that can affect their business ventures and thus the profit that they make.

5 0
3 years ago
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Anna Preston is a senior manager in a high-technology company in the United States. She has an in-depth knowledge of her company
Dmitrij [34]

Answer: SHE IS A GLOBAL BUSINESS SAVVY

Explanation: Anna preston has adequate and knowledge driven understanding of local and international business environment which has can help to enhance the organisational growth and excellent performance.

6 0
3 years ago
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