1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irinina [24]
3 years ago
13

Victor is calling on Meridian Cabinet Works. His goal is to close the deal for a customized profile sander valued at about $3,50

0. He would be willing to accept a purchase of one his firm's ready-made sanders, which cost about $2,000. Victor would try to convince the owner of Meridian to use the sander and to provide his company with a testimonial because this would help him approach other local wood workers. For Victor, the sale of the custom-built profile sander is his _____.
Business
1 answer:
Blizzard [7]3 years ago
8 0

Answer:

primary call objective

Explanation:

Begin each sales call with at least one objective. Reasonable objectives are ones that move the selling process forward. Reasonable objectives for a sales call are presenting a solution and getting feedback, getting agreement for a product trial, or meeting a key decision maker.

You might be interested in
Suppose that preferences over private consumption C and public goods G are such that these two goods are perfect substitutes, th
Temka [501]

Answer:

Please see explanation below.

Explanation:

Public goods are goods consumed collectively, they are provided for all members of a community,

no one can be excluded from their consumption. The consumption by one person does not decrease the consumption possibilities for others. Public goods are available for everybody without paying, and these goods cannot be rationed: they are either provided for the whole community, or for no one. Examples of public goods include the public lighting system, public roads, radio broadcasts, national defence, lighthouses, town pavements, etc.

Private goods, on the other hand, are goods consumed individually, and if a unit has been consumed by

someone, then no one else can also consume the same unit. Private goods are scarcely available, and consuming a unit will decrease the amount available for further consumption. Therefore consumers compete for private goods, i.e. private goods are rival in consumption. Consumers can consume them if they pay the price, non-payers are excluded from consumption.

In the first scenario, given that both the private good and public good are perfect substitutes, the optimum quantity produced by the government is at the point where marginal social cost is equal to the marginal social benefit. This optimum output is lower than that of the private firm because the price of public good is higher than price of private good (since marginal social cost > marginal private cost).

If b increases, that means consumers are willing to give up more units of public goods for one unit of the private good. Therefore, the quantity produced by the government will reduce.

For the second part of the question: C = aG, where a > 0.

This implies that equal or more units of the private good is consumed with a particular units of public good. The optimum output still remain at the point where marginal social cost is equal to marginal social benefit but this output level is lower than if the two goods were to be perfect substitutes.

7 0
3 years ago
What is true about hotel management companies?
abruzzese [7]

they generally manage hotels for a fee

5 0
2 years ago
Jarvey Corporation is studying a project that would have a ten-year life and would require a $450,000 investment in equipment wh
Tems11 [23]

Answer:

Payback period = 3 years

Explanation:

<em>The payback period is the average length of time it takes the cash inflow from a project to recoup the cash outflow.</em>

<em>Where a project is expected to generate a series of equal annual net cash inflow, the payback period can be calculated as:  </em>

<em>Payback period =The initial invest /Net cash inflow per year </em>

The cash inflow = Net operating income + Depreciation

                          = 105, 000 + 45,000 = 150,000

Note we have to add back depreciation because it is not a cash-based expenses. And payback period makes use of only cash-based revenue and expenses.

Payback period = 450,000/150,000

                          = 3 years

Payback period = 3 years

5 0
3 years ago
Santa Fe purchased the rights to extract turquoise on a tract of land over a five-year period. Santa Fe paid $429,000 for extrac
notsponge [240]

Answer:

Option B $128700

Explanation:

The amortization can be calculated using the following formula:

Amortization for the Year = Assets Value * (Turquoise Extracted / Total Turquoise)

Amortization for the Year = $429,000 * (1950/6,500) = $128,700

The method used is depletioning method because it seems that the company will extract all of the turquoise within the 3.33 year time (6500/1950), which is within the 5 years duration for which the right to extract the turquoise is purchaseed. Otherwise the straigth line method would had be used here.

8 0
3 years ago
A small monopoly manufacturer of widgets has a constant marginal cost of ​$2020. The demand for this​ firm's widgets is Upper Q
mixas84 [53]

Answer: $903.13

Explanation:

The marginal cost should be $20 and not $2020

Given the following;

Marginal cost = $20

Q = 105 - 1P

Therefore ;

P = 105 - Q

Total revenue (TR) = Price(P) * Quantity(Q)

TR = (105 -Q)Q

Marginal revenue= 105 - 2Q

For optimal Monopoly;

MR = MC

105 - 2Q = 20

2Q = 105 - 20

Q = 85 ÷ 2

Q = 42.5

Therefore,

P = 105 - Q

P = 105 - 42.5 = 62.5

Social cost = area of triangle

Social cost = 0.5 * 42.5 * 42.5 =903.125

Social cost= $903.13

7 0
3 years ago
Other questions:
  • Nelson Mfg. owns a manufacturing facility that is currently sitting idle. The facility is located on a piece of land that origin
    5·1 answer
  • A contract that is voidable
    9·1 answer
  • There is a 3 percent error rate at a specific point in a production process. If an inspector is placed at this point, all the er
    8·1 answer
  • Please Help!!!! Economics
    8·1 answer
  • Premier Co. produces park equipment and is currently producing 10,000 park benches annually. A supplier has offered to produce t
    5·1 answer
  • On August 31,the balance sheet of La Brava Veterinary Clinic showed cash $9,000,Account receivable$1700,supplies $600,equipments
    12·2 answers
  • Carmel Corporation is considering the purchase of a machine costing $52,000 with a 4-year useful life and no salvage value. Carm
    5·1 answer
  • The Blossom Company has disclosed the following financial information in its annual reports for the period ending March 31, 2017
    8·1 answer
  • Identify What prevented the economy from slipping
    10·1 answer
  • Yes! Assuming Economia's aggregate supply curve is upward sloping, when the aggregate demand curve shifts rightward, this will:
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!