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Arlecino [84]
3 years ago
10

Dave has forty acres where he grows corn and soybeans. He also has five milk cows and some chickens. Dave sells organic milk and

eggs at the local farmers' market. He also drives a school bus. Most years about 70 percent of Dave's income is from his agricultural activities and 30 percent is from his school-bus-driving job. If Dave declares bankruptcy, he will file under:
Business
1 answer:
I am Lyosha [343]3 years ago
3 0
He has 20
cows cause his mom is fat
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While setting the price of a product, what must managers consider? A cost of the whole marketing mix B) buying capacity of the c
Naddik [55]

Answer:

While setting the price of a product, managers must consider all of the following: A) cost of the whole marketing mix B) buying capacity of the customers C) profit it should bring the company D) transportation cost E) personnel cost to the company

Explanation:

Key factors in calculating the sale price can be:

  • Costs are a major factor in determining the selling price and a way of forming a price that is primarily related to costs called “ground” because it represents the minimum at which the price can be set. It includes cost plus other costs with no projected or minimal profit;
  • Demand/buying capacity as a key factor in price calculation is tied to a method called the "ceiling" because capacity exceeds the price limit that customers are willing to accept to get a product or service.
  • Competition as a pricing factor refers to alternatives that customers can choose from, and competition allows them to do so;

Cost-based pricing has its sub-methods such is Cost plus method

The basic principle is to add a rate of profit to the sum of direct and indirect costs. This way price consider a profit to it should bring to company.

Direct costs include material and labor costs, and indirect or general costs comprise a portion of fixed indirect costs such as depreciation, administration costs, sales costs and other general costs.

Formula: price = Direct costs + Indirect costs + Rate of profit

5 0
3 years ago
Share an example from your life where you had to make a choice knowing that you are giving up opportunities for doing or gaining
Alik [6]

Explanation:

I would have to give up my dream of getting an economics degree because I felt that an economics degree would give me a more stable future. My parents always believed that, after finishing my education, I should pursue my acting career.

I'd make another choice, since I'm happy with my job now. If I choose to perform, I should have struggled a lot.

Consumers C make decisions because each action has a risk cost. You can't do two things at the same time and must choose one.

Individual producers / nations must choose what they are to produce, how they are to produce and how much they are to produce, as their resources are limited and their alternatives are being applied.

7 0
3 years ago
The trial balance of ABC Co. does not balance. АВС CO. TRIAL BALANCE JUNE 30, 2019 Debit Credit Cash 0 5740 Accounts Receivable
Vika [28.1K]

Answer:

ill do it of you make it more readable

Explanation:

4 0
3 years ago
__________This import tax was meant to replace the earlier "Tariff of Abominations", but it was widely disliked by southern merc
mrs_skeptik [129]

Answer:

Tariff of 1832

Explanation:

The Tariff of 1832 was enacted to replace the 1828 import tariffs commonly known as Tariffs of Abomination. Most southern states did not like it, but its greatest opposition came from South Carolina since its economy depended greatly in foreign trade. Back then America's largest export was cotton produced by southern states.

Due to South Carolina's extreme opposition, it was replaced by the Compromise Tariff of 1833. This last tariff would gradually decrease the tax rates until they fell back to 1816 levels, which was approximately 20%.

The Nullification Crisis refers to a legal process carried out in South Carolina that determined that federal taxes, specifically import tariffs were unconstitutional and shouldn't apply to them. The problem is that the Supreme Court decides what is unconstitutional or not, not a state court.

7 0
3 years ago
What is the factor affect the net export of a country
Tamiku [17]

The factor that affect the net export of a country include:

  • domestic and foreign incomes
  • relative price levels
  • exchange rates
  • foreign trade policies etc

<h3>What is a net export?</h3>

This refers to the the difference between the monetary value of a nation's exports and imports over a certain time period.

In conclusion, the net export is derived after the deduction of the total import from the total export in a year.

Read more about net export

<em>brainly.com/question/21205765</em>

#SPJ1

3 0
2 years ago
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