Answer:
Buying Criteria
Explanation:
Buying Criteria ... exists when a buyer and its supplier adopt mutually beneficial objectives, policies, and procedures for the purpose of lowering the cost or increasing the value of products and services delivered to the ultimate consumer.
Answer:
Market research.
Explanation:
When you ask questions like this, you are providing an example of market research.
Answer:
$36,000 increase
Explanation:
For computing the increase or decrease in income, first we have to determine the net cash outflow which is shown below:
Net cash outflow = Purchase of new spotter truck - sale value of old truck
= $120,000 - $31,000
= $89,000
Now the increase or decrease would be
= Variable manufacturing cost for five years - net cash outflow
= $25,000 × 5 years - $89,000
= $125,000 - $89,000
= $36,000 increase
Answer:
The correct answer is option A.
Explanation:
An economically efficient level of output is the level of output where the marginal benefit earned from the consumption is equal to marginal cost of production.
At this point, the consumer surplus and producer surplus will be maximum. The economic surplus which is a sum of both economic surplus and producer surplus will also be maximum.
Answer: B
Explanation: theyre human and a resourc