Answer:
C) $77,090
Explanation:
June 69000 (40% in July, 50% in AUgust)
July 80000 (40% in August, 50% in Sepetember)
August 77500 (40% in September, 50% in October)
September 77900 (40% in October)
October 71800 (10% in October)
Total budgeted cash payments in October = 71,800 x 10% + 77,900 x 40% + 77,500 x 50% = 77,090
Answer:
Selective distortion
Explanation:
Selective distortion is the phenomenon where people interprete information based on their previous beliefs. This occurrence makes it difficult for such people to be influenced to make a purchase through advertisements.
This challenge to marketing also applies to selective attention and selective retention.
In this instance Bob reads a circular from the Department of Human Health and Safety recommending lower salt intake to prevent health problems. Because his grandmother still adds salt and remains healthy, Bob discards this information as being untrue.
Answer:
cost-plus regulation
Explanation:
Pricing regulation is the strategy the a government uses in controlling the price of commodities at the retail markets and other stages in the production process.
The cost-plus regulation of prices allows businesses the set prices on goods that will meet up with the cost of production of the good and also add a normal rate of profit.
In the given instance the firm covers the cost of production for its product and also adds a 15% profit to the price it charges its customer.
This is cost-plus regulation.
Answer:
a) The expected transaction price with variable consideration estimated as the expected value is $4,773.
b) The expected transaction price with variable consideration as the most likely amount is $4,730
Explanation:
a)
Probability Total
Base Fee $4,300 Fixed $ 4,300
20% Variable consideration $860 (= 0.2*4,300) 25% $215
10% Variable Consideration $430 (= 0.1*4,300) 60% $258
0% Variable consideration $ - 15% $ -
Total $4,773
it is most likely that the project would be finished in 1 week earlier.
b)
Base Fee $4,300 Fixed $ 4,300
10% Variable Consideration $430 $430
Total $4,730
Answer:
The correct answer is option B.
Explanation:
An increase in the price level would cause consumer spending to decrease as the purchasing power of the consumer will decline. This will cause the quantity of total output to decrease.
As a result, there will be an upward movement on the same aggregate demand curve, indicating a contraction in the economy.
A decrease in the price, on the other hand, would cause an expansion in the economy. It would be indicated by a downward movement on the same curve.