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zavuch27 [327]
3 years ago
5

Cherries on Top, a national ice cream shop, is struggling financially to keep up with the bigger chains. The top executives have

decided to close all the stores in the Northeast and Texas, as that will give them an additional one million dollars to put into marketing. This executive is practicing the
A. individual approach.
B. utilitarian approach.
C. moral-rights approach.
D. justice approach.
E. value system approach
Business
1 answer:
Serggg [28]3 years ago
7 0

Answer:

The correct answer is B

Explanation:

Utilitarian approach or method is the approach which assesses or analyze the actions in terms of the outcomes or results, that is the net costs and the benefits to all the stakeholders on individual level.

This approach aspire or attempt to accomplish the greatest good for the  numbers when creating the least amount for preventing the suffering of the greatest amount.

So, the shop uses or practice the approach of utilitarian as it will provide them the extra one million dollar to put it in the marketing.

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The proper mode of acceptance of an offer up and until the offer has been accepted is established by:_____
nlexa [21]

Answer:

b. the offeror.

Explanation:

The offeror is the person who offers something while the offeree is the person who accept the offer provided by the offeror

Now in the case of acceptance, the proper mode of offer up and the till the offer would be accepted is created by the offeror as without offering the offer could not accepted

Therefore as per the given situation, the option b is correct

6 0
3 years ago
If fixed costs are $1,200,000, the unit selling price is $240, and the unit variable costs are $110, what is the amount of sales
vampirchik [111]

Answer:

10,769 units is the correct answer.

Explanation:

4 0
3 years ago
Pesos are a monetary unit used in the country of Mexico. Pesos are exchanged at a rate of 600 pesos to one U.S. dollar ($1.00).
adelina 88 [10]

Explanation:

Given , $ 1=600 pesos

so, a person wants to buy an object that cost 4,800

let assume $=x

x=4,800/600=8

So the answer is$8

<u>$ 8= 4800 pesos</u>

5 0
4 years ago
Kelly has decided to start his own business giving sailing lessons. To purchase equipment for the business, Kelly withdrew $1,00
vova2212 [387]

Answer:

The total opportunity cost of investing in the business  is explained below:

Explanation:

Opportunity cost is also known as alternative cost, the cost incurred from giving up one benefit for an alternative. Kelly withdrew 1000$ from his account, which was giving him a 3% profit annually, and the total opportunity cost of withdrawing 1000$ is  30$ annually. Similarly, he withdrew another 2000$ at 7% interest rate that is 140$which he has to pay annually.

30$ + 140$ =170$

The total annual opportunity cost is 170$

3 0
3 years ago
A firm is producing 24 units of output. At the 24th unit of output, marginal revenue is $5, and marginal cost is $4; at the 25th
agasfer [191]

Answer:

False.

Explanation:

(1) Units produced = 24 units of output

At the 24th unit of output,

Marginal revenue = $5

Marginal cost = $4

MR ≠ MC

At the 25th unit of output,

Marginal revenue = $4.50

Marginal cost = $4.50

MR = MC

At the 26th unit of output,

Marginal revenue = $4

Marginal cost = $5

MR ≠ MC

A firm maximizes its profit at a point where the marginal revenue is equal to the marginal cost i.e. MR = MC.

It is clear from the above scenario that this firm doesn't stop at 24 units of output because at this point of production profit maximizing condition is not fulfilled which means MR ≠ MC.

This firm should stopped at 25 units of output where marginal revenue is equal to the marginal cost from the 25th unit of output.

6 0
3 years ago
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