Answer:
- Purchase of large-scale machinery to mold each case.-<u> Major Equipment
</u>
Major equipment are large scale type assets.
- Purchase of cleaning fluids for maintaining manufacturing equipment - <u>Supply </u>
Supply goods are bought to enable the company maintain their equipment.
- Purchase of accounting services for tax preparation - <u>Business Service</u>
They are services purchased to maintain the business.
- Purchase of bulk plastics to be molded into cases - <u>Raw Materials</u>
These are the commodity goods that will be used to make finished products.
- Purchase of multifunction laser printers for office use - <u>Accessory Equipment </u>
Accessory equipment are light in nature but are still needed to help in the operations of the business.
- Purchase of leather straps to be fastened to finished cases - <u>Component Part</u>
- Purchase of plastic glues to attach decorations to finished cases - <u>Process Material</u>
These are products that will be used in the production process.
Pure competition or perfect competition is where all firms have full knowledge of what is going on in the market, where there is free flow of information between not only the producers, but also with the consumers.
As such, all firms have no dominant share of market power since each individual firm is able to produce the good of the same quality and quantity (factors of production are fluid, and no costs in transportation in this theory). And at the same time, consumers have full knowledge of the quality of good they are getting and hence no firm will be able to exploit the misinformation of a good for its own profits.
This builds up to the point of a perfectly elastic demand curve, where consumers know what amount and at which price point do they value the product at. And knowing for the fact that small individual firms in a purely competitive firm have no say over prices, they become the price takers for this kind of market. Thus where MB=MC, the equilibrium point is reached and it is also at the socially optimal level since all consumers have full knowledge of the pros and cons of consuming a product (hence no externalities).
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Answer:
1 It is a form of entertainment
2 you can dedicate time to your passions
3 they're helpful for your mental health
Investment manager not getting a steady return on the aggressive growth choice.
<h3>Are funds that invest in aggressive growth a wise choice?</h3>
For investors ready to take on a little bit more risk, aggressive growth funds are recognized in the market as providing above average returns. By investing more heavily in companies they assess as having strong growth prospects, they are likely to beat traditional growth funds.
<h3>Which investing principle comes first?</h3>
The real estate investing 1% rule compares the cost of the investment property to the projected gross income. The monthly rent of a prospective investment must be equal to or greater than 1% of the acquisition price in order for it to pass the 1% rule.
To learn more about Aggressive Investment here:
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Answer:
C. 45,000 units
Explanation:
Inventory of finished units at March 31
10,000
Add:
Sales units
40,000
Total units
50,000
Less:
Inventory of finished units March 1
(5,000)
Balance
45,000
Therefore, the number of units that the company should plan on producing in March is 45,000 units
