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Svetradugi [14.3K]
3 years ago
5

1. Imagine you have $15,000 saved in a personal account to help supplement your

Business
1 answer:
Mnenie [13.5K]3 years ago
5 0

Answer:

Savings: $15,000

Fixed Expenses:

Rent: $500 -> $525

Variable Expenses:

Utilities: $45

Gas: $120

Food: $250

Annual Fees/ Budget

Rent- $525*12(months) = (annually) $6,300

Utilities- $45*12= $540

Gas- $120*12= $1,440

Food- $350*12= $4,200

Total expenses: $12,480

Total savings: $2,520

Explanation:

Since they didn't give a starting month, it's best to calculate the change in rent price into the monthly -> annually fees.

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Management is considering using a new component that would increase the unit variable cost by $50. Since the new component would
katrin [286]

Answer:

Because fixed costs will not change, the overall effect on the company's monthly net operating income will be equal to the contribution margin of the product once the new component is added.

Explanation:

The contribution margin is equal to: Revenue - Variable Costs.

We already know that the variable cost will be increased by $50 once new component is added, and that monthly sales are expected to increase by 500 units after that.

Depending on the price of the product, the amount sold, and the variable costs, we get the contribution margin, and this contribution margin will be exactly the same as the overall effect on the net operating income.

7 0
3 years ago
Select the type of economic system that best matches each of the given descriptions.
Svetllana [295]

Answer:

based on government control- command

of resources and production

based on traditions and customs- traditional;

based on the forces of supply and demand- market

based on price rationing and includes- mixed

some government involvement

Explanation:

i dont cap

7 0
3 years ago
Cory is working on a global marketing assessment team looking out well into the future to help determine the most attractive mar
grin007 [14]

Answer:

The correct answer is letter "A": countries with high purchasing power today may not continue to show the same growth in the future.

Explanation:

Even if during the past decade the world's major economies have been the same -<em>The U.S., Japan, China, Russia, and Germany</em>- it does not necessarily mean the scenario will not change for the next one hundred years. Some other countries like Saudi Arabia, Switzerland, Belize, Luxembourg, and Australia have started to show signs of increasing development that could turn the worldwide economy into a new direction. The last five (5) countries are reported as being the top nations with the highest purchasing power for 2018.

7 0
3 years ago
list different types (models) of diffusion and provided examples/illustrations of each in the real world.
DedPeter [7]

The different types of diffusions are

Expansion Diffusion

Contagious Diffusion.

Hierarchical Diffusion.

Stimulus Diffusion.

Expansion diffusion is while innovations unfold to new places even as staying sturdy in their original places. For instance, Islam has unfold at some point of the sector, but stayed sturdy in the center East, wherein it became based.

Expansion diffusion happens when the spreading phenomenon has a supply and diffuses outwards into new areas, an instance being a spreading wildfire. Relocation diffusion takes place while the spreading phenomenon migrates into new areas, leaving at the back of its beginning or source of the sickness.

Expansion Diffusion is the spread of a concept through a population wherein the amount of these influences grows continuously large. There are 3 sub-styles of growth diffusion: Stimulus, Hierarchical, and Contagious.

Learn more about Expansion diffusion here: brainly.com/question/7215000

#SPJ4

6 0
2 years ago
BJT Corporation is owned 40 percent by Bill, 30 percent by Jack, and 30 percent by the Trumpet Partnership. Bill and Jack are fa
natulia [17]

Answer:

33%

Explanation:

By virtue of been having 10% interest in Trumpet Partnership, Jack has a 10% share out of 30 percent owned by Trumpet Partnership (0.10 * 30=3%).

Additionally, his own 30 percent is still pay of his direct and constructive ownership of BJT Corporation, thus making his total direct stand at 33%.

8 0
3 years ago
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