Answer:
B) Fixed cost is the constant for a particular product and does not change as more items are made. Marginal cost is the rate of change of cost C(x) at the level of production x and is equal to the slope of the cost function at x.
Explanation:
Fixed costs do not change when the quantity of goods or services produced changes, that is why they are fixed (they do not move).
While marginal costs are the costs associated to producing one extra unit of output. They change as the total output changes.
Profit maximizing firms should increase their output level until the marginal cost equals the marginal revenue (revenue generated by selling one additional unit of output).
I believe the answer is: it gives a special tax break to employees who are saving primarily for retirement.
This make the taxpayers able to maxmize their purchasing power prior to their retirement. Which allow them to do things such as putting more money down on their mortrage, improve their standard of living, increasing their life saving, or putting of some of their income in various type of investments.
The primary goal of a
firm pursuing a blue ocean strategy should be to OFFER A DIFFERENTIATED SERVICE
OR PRODUCT AT A LOW COST.<span>
<span>Blue ocean strategy is a marketing strategy which submits
that leading companies can succeed not by engaging in competition with other
companies but by systematically creating uncontested market space which are
ripe for growth. The strategy employs simultaneous pursuit of high product
differentiation and low cost, which makes competition irrelevant</span></span>
The journal entry for the sale would include a credit to sales tax payable for $156 if the selling price of the merchandise is $2600.
The government levies a consumption tax known as a sales tax on the purchase of goods and services. At the point of sale, a standard sales tax is imposed, collected by the retailer, and paid to the government. Companies must first apply for a sales tax permit from their state's department of taxation in order to be able to collect sales tax from customers. Every time a customer makes a purchase, businesses collect sales tax, which they subsequently monthly or quarterly send to the state.
As the selling price of the merchandise is $2,600 and the state sales tax is 6%, this means that 6% of $2,600 has to be paid to the state governing body.
Sales tax = 6% of 2600
Sales tax = 6/100 × 2600
Sales tax = 0.06 × 2600
Sales tax = $156
Therefore; the entry to journalize the sale would include a credit to sales tax payable for $156 if the selling price of the merchandise is $2600.
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Answer:
C. Promotional product marketing
Explanation:
Promotional product marketing involves the use of special offers such as freebies, discounts and so on in attempting to raise and customer's interest and influence his or her purchase decisions. It helps in developing good will amongst customer with the ultimate aim directed at improving sales and revenue received. It involves the use of given out products in order to promote the organization goods and services it offers. These products shared with customers usually connects with customers by engaging their senses and developing a rapport with the brand doing the promo.
