Answer:
Option (A) is correct.
Explanation:
The average fixed cost is determined by dividing the total fixed cost by number of units produced.
Given that,
Fixed cost = $24
The average fixed cost of producing 3 units of output is:
= Total Fixed cost ÷ Number of units produced
= $24 ÷ 3
= 8
Therefore, the average fixed cost of producing 3 units of output is $8.00.
Answer:
The price level and GDP will fall.
Explanation:
A decline in money supply will increase the interest rate, as a result the investment will decline. This will cause production to decrease. An increase in tax will cause the cost of production to increase, reducing the supply. The taxes will decrease the disposable income, further reduing demand and cnsumption. A pessimistic expectation of business will also cause production to decline.
A rise in the value of dollars will make exports expensive, reducing exports. All of this will cause the GDP and price level to decline.
Answer:
$750
Explanation:
Calculation to determine what the amount of supplies expense reported on the Year 2 income statement is:
Using this formula
Supplies expense=Balance in Supplies account
+Cash paid to purchase supplies)-Supplies on hand
Let plug in the formula
Supplies total amount =($200 + $600) -$50
Supplies total amount=$800-$50
Supplies total amount=$750
Therefore the amount of supplies expense reported on the Year 2 income statement is:$750.
Answer: Geographic Segmentation.
Explanation:
Geographic segmentation is the marketing strategy in which parameters like countries, states, cities, villages, urban / rural, climatic conditions, density of population are considered before satisfying the need of the market in order to reach out to customers living in a similar region or area.Consumers that live in different geographic regions have different needs and want, so it is necessary that cultural characteristics are targeted to ensure efficient marketing.
For example the nacho cheese sauce company here, used Geographic segmentation to be able to provide the needs of Americans in the East a West and the Southwest. By using this marketing strategy , it would be able to satisfy it's customers at the same time. As a result, the cheese sauce soup company geographically segments its target market into two halves based on the choices of Americans at different locations.
Answer:
False
Explanation:
You can only say an aspect of product performance is mission critical is the sensitivity of the price has been suppressed. Hence the safety of an automobile is a very important factor hence price sensitivity should not increase. In a situation where the product performance is not regarded as mission-critical and if the product fails it is not so significant, then price sensitivity increases.
