Following a budget will help you keep you out of debt if you are currently in debt.
Thomas may be suffering from generalised anxiety as far as the situation describes. Generalised anxiety disorder is defined as the excessive worrying of an aspect of life for a reason that is vague. They worry too much may it could either be family, studying, or even their health.
<span>You supply a good at a price of $5. You also earn a profit at this price. This means that your marginal cost could be less than $5.
Hope it helps.</span>
Answer:
Products that have neither immediate appeal nor long-run benefits
Explanation:
A product represents a bundle of utilities created by a producer to satisfy a want.
A deficient product as the name suggests, would refer to such products which are deficient in attributes that represent a customer want and the ones which fail to satisfy customer wants.
Those products who do not conform to a particular quality standard or whose performance is below par as per customer expectations would be termed as deficient products.
Sometimes, organizations deliberately create deficient products so as to induce repurchase of subsequent products depicted as improvements over the previous ones.
Such products lack current appeal and are neither expected to accrue to long term benefits.
Answer:
$14,400
Explanation:
The computation of the net operating income in the planning budget is shown below:
= Total revenue - total fixed cost - total variable cost
= (4,800 × $31.30) - $21,600 - (4,800 × $23.80)
= $150,240 - $21,600 - $114,240
= $14,400
