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e-lub [12.9K]
3 years ago
14

I decide to take some sugar, milk, and flavoring and make it into ice cream. I get a ridiculous mess! This is not a good idea. I

next go to the store and buy some Ben & Jerry's ice cream. THEY have turned the ingredients into ice cream for me. I am willing to pay them for that effort. What type of utility has Ben and Jerry's provided me?
a. Possession Utility -- without them I would not be able to possess the ice cream
b. Time Utility -- they saved me the time of doing it myself
c. Place Utility -- I did not have to make it at my place
d. Form Utility -- They have converted the ingredients into the form I wanted
e. Electric Utility -- they use electricity in making the product
Business
1 answer:
Schach [20]3 years ago
5 0

Answer:

D. Form Utility -- They have converted the ingredients into the form I wanted

Explanation:

Since the person failed to turn sugar, milk and flavoring and make it to ice-cream, the person never know how to do it, the person had the time, place and electric utility except form utility - they converted the ingredients in the form the person wanted

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Magic Events, Inc. is a global concert promoter that is organizing the world concert tour of the newest boy band. The company ha
Grace [21]

Answer:

A. as much advertising to fans as possible

Explanation:

The event triangle is made up of these 3 components

1. The participants

2. The sponsors

3. The spectators

Here the fans represent the spectators. They are the most critical factor of the event triangle .

The spectators are those who the boy band would be playing for. They are the ones who would go out to watch the event.

The spectators become monetary when the advertisement gets them to buy tickets for the event. That is they pay a fee to watch the event.

Primarily they provide necessary financial support for the event plus the money made from adverts.

3 0
3 years ago
What are Pros and cons of perfect competition?
Anit [1.1K]

Explanation:

Perfect competition - A perfectly competition firm is one that is marked by a huge number of seller / producers as well as a large number of buyers . These firms produce large amounts of homogeneovs products that are sold at a price decided in the market by market force .

4 0
3 years ago
Read 2 more answers
Eaton Tool Company has fixed costs of $340,400, sells its units for $80, and has variable costs of $43 per unit. a. Compute the
blsea [12.9K]

Answer and Explanation:

The computation is shown below:

But before reaching to the final answers, first determine the contribution margin per unit which is

a. Contribution margin per unit =Sales-Variable cost  

= $80 - $43

= $37 per unit

Now

Breakeven = Fixed expenses ÷ Contribution margin

= $340,400 ÷ $37

= 9,200 units

b.Contribution margin = Sales - Variable cost  

= $80 - $46

= $34 per unit

Now

New Breakeven = Fixed expenses ÷ Contribution margin

= $270,000 ÷ 34

= 7,941 units

3 0
3 years ago
Branch Corporation issued $12 million of commercial paper on March 1 on a nine-month note. Interest was discounted at issuance a
siniylev [52]

Answer:

1                   Cash                                                     11,190,000

                      Discount on Note Payable                810,000

                       Note Payable                                          12,000,000

2-                 Interest Expense                                   810,000

                          Discount on Note Payable                    810,000

3-                  Note Payable                                       12,000,000

                           Cash                                                     12,000,000

Explanation:

In order to pass the Journal entry for issuance of Note Payable. First we need to calculate the Discount on issue of Bond Payable. The discount on note payable is calculated using the 12,000,000 x 9% x 9/12 = 810,000. In case of note payable is discount is interest expense for issuer hence on due corporation will pay full value of note to purchaser of note.

8 0
3 years ago
The S&P 500 index delivered a return of 20%, -10%, 20%, and 5% over four successive years.
sladkih [1.3K]

Answer:

C) 8.75%

Explanation:

Number of periods = 4 years

Given return rates = 20%, -10%, 20%, and 5%

To obtain the arithmetic average annual return, add the return rates given for all periods and divide the sum by the number of periods.

AAR = \frac{20-10+ 20+ 5}{4} \\AAR=8.75\%

Over four years, the S&P 500 index delivered an arithmetic average annual return of 8.75%.

4 0
3 years ago
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