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svetoff [14.1K]
3 years ago
10

How can you determine the cost of something without concidering mearly its monitary value

Business
1 answer:
anastassius [24]3 years ago
5 0

Answer:

We can count the amount of money we need to spend to obtain that thing.

Explanation:

Monetary value is reliant on the currency that we need to exchange in order to a certain product. Currently, this type of value implementation is the one that commonly used by most people in all of our transactions.

For example,

Let's say that you go to Walmart and see a toothbrush with $3 price tags, without any additional discount. This means that the monetary value of that toothbrush is $3. That's it.

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A candy store sells boxes of candy containing caramels and cremes. Each box sells for $12.50 and hold 30 pieces of candy (all pi
evablogger [386]

Answer:

Number of caramels = 20

number cremes = 30 - 20 = 10

Explanation:

Data provided in the question:

Selling cost of each box = $12.50

Number of pieces of candies held in a box = 30

Cost of producing caramel = $0.25

Cost of producing cremes = $0.45

Now,

let the number of caramels be 'x'

Thus,

Number of cremes = 30 - x

Profit = Selling price - Cost

3 = $12.50 - [ 0.25x + 0.45(30 - x) ]

or

[ 0.25x + 0.45(30 - x) ] = 12.50 - 3

or

0.25x + 13.5 - 0.45x = 9.50

or

-0.20x = 9.50 - 13.5

or

-0.20x = - 4

or

x = 20

Hence,

Number of caramels = 20

number cremes = 30 - 20 = 10

6 0
4 years ago
The resource-based view differs from the institution-based view in that the resource-based view focuses on a firm's _____.
Vladimir79 [104]

The resource-based view differs from the institution-based view in that the resource-based view focuses on a firm's internal strengths and weaknesses.

Resources are all materials available in our environment that are technically accessible, economically feasible, culturally sustainable, and that help meet our needs and desires. point.

Resources are physical materials that people need and value, such as land, air, and water. Resources are characterized as renewable or non-renewable. Renewable resources are automatically renewed as they are consumed, while non-renewable resources have limited availability.

1a: Source or Support: Available Resources - Usually used in the plural. b : natural source of wealth or income - often used in the plural. c : Natural features or phenomena that improve the quality of human life. d : computable wealth - usually used in the plural.

Learn more about resource here:brainly.com/question/24514288
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7 0
2 years ago
If you were advising which actions a company should take to perform value chain activities more cost effectively, you would not
Shalnov [3]

Answer: redesign its products to eliminate those features that might have market appeal, but would excessively increase production costs.

Explanation:

The main aim of every organization are typically cost minimization and profit maximization. If I wanted to advise a company on the kind of actions to take to perform value chain activities more cost effectively, I'll tell them to improve their supply chain efficiency as well as use economies of scale and effective utilization of its resources.

Therefore, redesigning its products to eliminate those features that might have market appeal, but would excessively increase production costs is wrong as this will only lead to increase in cost.

4 0
3 years ago
Find the effective rate of interest to the nearest hundredth percent if $60.94 is earned in one year on a deposit of
Nata [24]

Answer:

6.25%

Explanation:

The formula for calculating interest rate is as follows

I= P x R x T

Where

I= interest,  P= principal amount, T is time

in this case: I= $60.94, P=$975, T=1 year

Therefore:

$60.94 = $975 x( r/100) x 1

$60.94 =975(r/100) multiply both side by 100 to get rid of the fraction.

6094=975r

r = 6094/ 975

r = 6.2502

interest rate = 6.25%

8 0
3 years ago
Discuss the intellectual debates by contemporary scholars surrounding issues of development​
r-ruslan [8.4K]

Answer:

Intellectual scholar discuss the issues of development​ as something arising out of differences between the nature and nurturing given to an individual. They also talk about relative importance of early experiences versus experiences occurring at a  later stage  in life.

They also talk about sequential development stages with age that cause emergence of certain skills in all individuals. They also talk about various theories such as cognitive theory, developmental theory, Psychoanalytic Theories, Abnormal Behavior vs. Differences etc.

Explanation:

Intellectual scholar discuss the issues of development​ as something arising out of differences between the nature and nurturing given to an individual. They also talk about relative importance of early experiences versus experiences occurring at a  later stage  in life.

They also talk about sequential development stages with age that cause emergence of certain skills in all individuals. They also talk about various theories such as cognitive theory, developmental theory, Psychoanalytic Theories, Abnormal Behavior vs. Differences etc.

4 0
2 years ago
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