Answer: a. When inventory purchase costs are rising.
Explanation:
Last In First Out is an inventory stock valuation method where newer inventory is sold first and older inventory are sold last.
When a LIFO liquidation occurs, it means that the company has sold off its new stock and are now selling the older one.
This will lead them to have a lower cost of goods sold as the older stock is usually cheaper. If Inventory purchase costs are increasing in the market, then sales prices will have to increase as well. The company will sell at this new price but will still have that lower cost of goods sold.
This means that they would have more profits as a result which will lead to more taxes being charged on them.
Answer: (D) buy more ice cream and fewer cookies
Explanation: When a consumer spends all of his income and consumes a bundle of goods such that the marginal utility per dollar from all goods is equal, then the consumer's total utility is maximized. Buying more of ice-cream gives the only combination that gives him the same marginal utility per dollar Bobby spends on cookies as on ice cream.
Marginal utility estimates the added satisfaction a consumer gets from consuming additional units of goods or services. It is used to determine how much of a product consumers are willing to purchase.
A monopoly is when one thing has control over the market they are in. It's a good thing for us as consumers of the U.S. postal service being a monopoly because we do not have to deal with price wars between competing companies. Due to the USPS being our best option for mailing various items in the United States and to other countries we don't have to constantly figure out which option of shipping is the best to ship and where they are in relation to where we live. The USPS is located all over the United States and deliver and pick up at almost every residence.
Answer:
A process designed to identify, qualify, and prioritize sales opportunities, whether they represent potential new customers or opportunities to generate additional business from existing customers
Explanation:
1) Generating Sales Leads
-Qualifying sales leads
2) Determining Sales Prospects
3) Prioritizing Sales Prospects
4) Preparing for Sales Dialogue
5) Remaining stages in the trust-based sales process
A or D
process of elimination..
B. (it’s verbal communication, not written)
C. (i highly doubt this is a possible answer.....but you are always willing to test that out for yourself)
E. (interpersonal is a conversation with oneself or “within a person”)
so now you’re left with A or D