Answer:
<em>Adaptation</em>
Explanation:
A new product or an old product entering a new market normally adapts to compete with a similar product in the market. The owner or the manufacture of such product often go for a market survey to determine the size and target market of such product. The market survey helps them to make changes such as price reduction, logo change or change in packaging, to beat competing products.
<em>Sandra researched all similar products that can compete with her idea, this will help her idea to adapt when it finally enters the market as a product. </em><em>This illustration is a case of market adaptation.</em>
A)Jane has to pay fees to process and complete her home purchase. Closing
B)The bank gets an independent value on a house. appraisal
C)A licensed professional finds mold in the basement. inspection
D)Jane has had her financial status verified and gets a mortgage estimate. prequalification
Answer:
9,600 units
$316,800
Explanation:
The computation of break-even point is shown below:-
Contribution per unit = Selling price per unit - Variable price per unit
= $33 - $13
= $20
Break-even in units = Fixed cost ÷ Contribution per unit
= $192,000 ÷ $20
= 9,600 units
Break even sales in dollars = Break-even in units × selling price per unit
= $9,600 × $33
= $316,800
So, for computing the break even in units and dollars we simply applied the above formula.
(B) A demand curve shows the number of units the market will buy in a given time period, at different prices that might be changed.
<h3>
What is a demand curve?</h3>
- A demand curve is a graph in economics that depicts the relationship between the price of a commodity (the y-axis) and the quantity of that commodity that is demanded at that price (the x-axis).
- A demand curve depicts the number of units that the market will purchase in a given time period at various prices that may change.
- Demand curves can be used to model the price-quantity relationship for a single consumer (an individual demand curve) or for all consumers in a given market (a market demand curve) (a market demand curve).
- Demand curves are generally assumed to slope downward, as illustrated in the adjacent image.
- This is due to the law of demand, which states that when the price of good rises, the quantity demanded decreases.
Therefore, (B) a demand curve shows the number of units the market will buy in a given time period, at different prices that might be changed.
Know more about a demand curve here:
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The complete question is given below;
__________ shows the number of units the market will buy in a given time period, at different prices that might be changed.
a) target costing
b) a demand curve
c) price elasticity
d) total cost
b) a demand curve
Answer: He spent $2 million of company funds for his own birthday party.
Explanation:
The article in question relates to the Agency problem which is a problem that arises as a result of management acting in such a way as to benefit themselves instead of the shareholders that they are supposed to be maximizing wealth for.
Dennis Kozlowski was the former CEO of Tyco. In this position, he committed several financial crimes such as throwing a $2 million birthday party that was funded by the company. He eventually went to prison for this and the other crimes.
