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3 years ago

What is a trade off?

Business

1 answer:

bezimeni [28]3 years ago

6 0

a balance achieved between two desirable but incompatible features; a compromise.

"a trade-off between objectivity and relevance"

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Clarence lives in Maine, which has a sales tax of 5%. He just bought a digital camera whose full price was $725, but after sendi

Doss [256]

Answer:

=$600

Explanation:

Full price refers to the highest amount payable, or the total amount to be paid. Clarence must have paid the full paid which was $725.

A rebate is promotions discount given by the manufacturer. It is enjoyed by way of claiming after purchase. By filling the rebate forms , Clarence was claiming the discount entitled to her. She got a check of $125.

Her final expenditure on the camera was $725- $125= $600

=$600

4 0

3 years ago

Luebke Incorporated has provided the following data for the month of November. The balance in the Finished Goods inventory accou

vodka [1.7K]

Answer: $‭238,800‬

Explanation:

Adjusted Cost of Goods for November = Beginning Finished good inventory + Cost of goods manufactured - Ending Finished goods inventory - Overapplied Overheads

Overapplied Overhead = Overhead applied - Actual Overhead

= 60,400 - 56,800

= $3,600

Adjusted Cost of Goods for November = 58,000 + 215,000 - 30,600 - 3,600

= $‭238,800‬

8 0

3 years ago

Allesandra would like to work in a school environment, and she knows that she would prefer a career in which she spends lots of

Margaret [11]

Elementary school teacher that’s the answer

8 0

3 years ago

Suppose the current issue of The New York Times reports an outbreak of mad cow disease in Nebraska, as well as the discovery of

Svetach [21]

Answer:

Price and quantity of chickens sold will increase.

Explanation:

Due to the prevalence of the mad cow disease, demand for cow meat will go down. Since chicken is a substitute for cow meat and there is a breed that grows twice as much with the same feeds, the demand for chicken will rise.

In economics when other factors apart from price changes it results in demand shift. In this instance demand will shift to the right.

As illustrated in the attached diagram, there will be higher quantity demanded at higher prices than before.

4 0

3 years ago

Gomez runs a small pottery firm. He hires one helper at $14,500 per year, pays annual rent of $7,500 for his shop, and spends $1

uysha [10]

Answer:

a). Accounting profits=$6,000

b). Economic profit=-$6,000

Explanation:

a). The accounting profits for Gomez's pottery firm can be expressed in the form;

Accounting profits-Total monetary revenue-Total monetary expenses

where;

Total monetary revenue=$86,000

Total monetary expenses=excludes opportunity cost=wages+rent+materials+equipment=(14,500+7,500+18,000+40,000)=$80,000

replacing;

Accounting profits=(86,000-80,000)=$6,000

Accounting profits=$6,000

b). Gomez's economic profit

Economic profit=Total revenue-total costs

where;

Total revenue=(86,000+5,000+6,000)=97,000

Total costs includes opportunity cost=(80,000+23,000)=103,000

replacing;

Economic profit=(97,000-103,000)=-$6,000

Economic profit=-$6,000

6 0

3 years ago