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dem82 [27]
3 years ago
12

Savvy consumers often purchase automobiles from dealerships at the end of the quarter or at year-end since dealers who meet thei

r quotas during a particular time period earn _____ in the form of rebates on all the cars they purchased from the manufacturer.
Business
1 answer:
leonid [27]3 years ago
8 0

Answer:

cumulative quantity discounts

Explanation:

Many customer’s purchase items and commodities at the end of the seasons because at year-end, the sellers, manufacturers and dealers offer various discounts to clear the inventory. Likewise, customers of savvy often buy commodities at the end of a quarter or a season to earn cumulative quantity discounts; it is a discount that is given to consumers who buy a specific amount of quality.

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A dentist shares an office building with a radio station. The electrical current from the dentist's drill causes static in the r
nydimaria [60]

Answer:

a. Would it be economically efficient for the dentist to buy and put up a shield? Why or why not? By how much would total surplus change?

No, it is not economically efficient for the dentist to buy the shield.

b. Would it be economically efficient for the radio station to buy and put up a shield? Why or why not? By how much would total surplus change?

No, it is not economically efficient for the radio to buy the shield.

c. Would it be economically efficient for the dentist to buy a new drill? Why or why not? By how much would total surplus change?

No, it is not economically efficient for the dentist to buy the drill.

d. Would it be efficient for the radio station to buy the dentist a new drill? Why or why not? By how much would total surplus change?

Yes, it is economically efficient for the radio to buy the dentist a new drill. The Coase Theorem is an economic theory that states that economic conflicts must be solved regardless of who had the initial rights of whatever is on dispute. In this case, the dentist is causing harm to the radio, but he is doing OK. So the radio has a problem, not the dentist. The radio needs to solve its problem, so they should buy the dentist a new drill.

The economic surplus = $10,000 - $6,000 = $4,000, that means that the radio will be $4,000 better.

6 0
3 years ago
You have been investing $165 a month for the last 12 years. today, your investment account is worth $60,508.29. what is your ave
Tanzania [10]
Given:
Future value, F=60508.29
Monthly payment, A = 165
Compounding period = month
Number of periods, n = 12*12=144
interest per period = i   [ to be found ]

We have the relationship
F=A((1+i)^n-1)/i
but there is no explicit formula for i for given F, A and n.
We need to solve a non-linear equation for the value of i, the monthly interest rate.
One of the ways is to solve it by fixed iteration, i.e. 
1. using the given relation, express i in terms of other parameters.
2. select an initial value of i
3. evaluate i according the equation in step 1 until the value is stable.

Here we will use the relationship to express
i=((60508.29*i)/165+1)^(1/144)-1  [ notice that i is on both sides of = sign ]
using an initial value of i=0.01 (about 1% per month).
Successively, we get
i=((60508.29*0.01)/165+1)^(1/144)-1=0.01075571
i=((60508.29*0.01075571)/165+1)^(1/144)-1=0.011160681, similarly
i=0.0113685
i=0.0114728
i=0.0115246
i=0.0115502
i=0.0115628
i=0.0115690
i=0.0115720
Assuming the above has stablilized, and the APR is 12 time the above value, namely
Annual percentage rate = 0.01157205998210142*12=0.13886=13.89%



6 0
3 years ago
A department transferred 7,000 units to the finished goods storeroom during a month. There was no beginning work in process inve
ivann1987 [24]

Answer:

It will be used using the Equivalent unit cost

$2.27

Explanation:

Period Cost / Equivalent Unit = Equivalent Unit Cost

16,800/7,400 = 2.27027 Equivalent Unit Cost

8 0
3 years ago
Individuals who wait until they turn 65 to apply for medicare will cause a delay in the start of part b coverage, because they w
Olenka [21]
Individuals who wait until they turn 65 to apply for medicare will cause a delay in the start of part b coverage, because they will have to wait until the next GENERAL enrollment period, which is held January 1 through march 31 of each year, with part b coverage starting on July 1 of the year.
4 0
3 years ago
3. Claudia Aceves borrowed $845,000 from U.S. Bank to buy a home. Less than two years into the loan, she could no longer afford
Pavlova-9 [17]

Answer:

Yeah, her argument will be good in Aceves. The further explanation is given below.

Explanation:

The promissory clause applies to just the requirement that although no attorney seems to be legal, a commitment is actionable. This happens whenever the Promiser already made that commitment to something like the Promisee who performs mostly on commitment.

  • Aceves having operated throughout the specific situation mostly on the foundation of the Bank's commitment or withdrew its complaint. Therefore in this circumstance, the essential requirement that perhaps the promisee would have focused mostly on promiser is accomplished.
  • Consecration of promise to pay estoppels is founded on either the ideals of equity as well as justice. The lender's action was unreasonable to Aceves and because of that, the premise would be effective on either the bank as to when the applicant was working on a pledge basis. Thus Aceves will be accurate in her argument.

8 0
3 years ago
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