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Feliz [49]
3 years ago
13

What is the difference between factor payments and profits

Business
1 answer:
Mariana [72]3 years ago
3 0

Answer:

here is some differences which is

Explanation:

Yet, just as we differentiate between daily use and the traditional sense of economic terms, a number of economists–and Econ textbooks–introduce a concept known as "economic profit." While the difference between the revenues of the companies and the costs of the factors they generate is natural, or accounting, income is the difference between the revenues of the company and the costs of those factors. Since it consists of the comparison of alternatives, economic benefit is seen as a reward for business— the making of economic decisions and taking of risks. Some go so far as to describe enterprise as a separate output factor,

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Dybala Corporation's produces and sells a single product. Data concerning that product appear below The company is currently sel
CaHeK987 [17]

Answer: Increase of $8,200

Explanation:

Currently, the company is making a net operating income of;

= Contribution Margin - Fixed expenses

= (90 * 6,700) - 547,700

= $55,300

If the company advertises, net operating income becomes;

= Contribution margin with increase in sales - Fixed expenses including advertisements

= (90 * (6,700 + 170)) - (547,700 + 7,100)

= $63,500

Increase in operating income = 63,500 - 55,300

= $8,200

6 0
3 years ago
"Global Marketing refers to: Group of answer choices The evolution of Marketing as being more than the offering of a product. Th
geniusboy [140]

Answer:

Global Marketing refers to the processes by which goods,services,capital,people,information,and ideas flow across national borders.

Explanation:

We operate in a world called global village,where time and location do not really impact doing businesses anymore, as people from different countries that are far apart, can do business without the need to physically meet, using different channels of communication made possible by advancement in technology.

Organizations,as the need to for businesses to sell its produce to a larger number of customers increases, are constantly considering selling to customers who are based in other countries through global marketing techniques.

5 0
3 years ago
Alison's dress shop buys dresses from McGuire Manufacturing. Alison purchased dresses from McGuire on July 17 and received an in
Anettt [7]

Answer:

$5,472

Explanation:

Calculation for Alison record of purchase :

First step

Invoice price ×Percentage of payment term

Where:

Invoice price =$5,700

Percentage of payment term =96%

(100%-4%)

Second step

$5,700×96%

=$5,472

Therefore Alison should record the purchase at: $5,472

4 0
3 years ago
You want to measure the impact of the media in some way. You sample several advice columns found in "Playboy" and "Playgirl" and
jarptica [38.1K]

Answer:

The correct answer is: content analysis.

Explanation:

Content analysis is a research method used to find repetitive patterns in mediums of communication portraying the different types of content such as reviews, images, audio or video. Content analysis has mainly been used in social studies but it is being implemented in business applied to marketing techniques in an attempt to spot consumer patterns.

5 0
3 years ago
Read 2 more answers
Cole has a credit card bill of $3,100. His credit limit is $3,000. Is Cole using credit responsibly or irresponsibly?
Anton [14]
I would say B, because if you exceed the limit on your credit card, that shows that you would know how to add money onto your account. You cannot use more on your credit card than you already have unless you add more money on.
5 0
3 years ago
Read 2 more answers
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