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finlep [7]
3 years ago
5

Instances where' silence is golden ' is applicable

Business
1 answer:
lord [1]3 years ago
5 0
Elaborate two instances in workplace where the statement silence is golden is applicable
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(Table: Cherry Farm) Use Table: Cherry Farm. If Hank and Helen have one of 100 farms in the perfectly competitive cherry industr
Dmitry_Shevchenko [17]

Answer:

500

Explanation:

please find attached the table referred to in this question and a second table where marginal cost is included

A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply.

in a perfect competition, price = marginal cost = marginal revenue

Marginal cost = total cost 2 - total cost 1

e.g. marginal cost at 2 units of output = $7 - $2 = $5

Hank and Helen would supply at the point  where marginal cost is equal to $5.

looking at the second attached table, there are two points where marginal cost is equal to $5. at output 1 and output 5.

at output one, Hank and Helen would be earning a loss because total cost is greater than total revenue. so they would not supply at this point.

at output five, Hank and Helen would earn a profit and thus would supply at 5 units of output.

Since all firms face and identical cost structure, the industry supply would be 100 x 5 = 500 pounds

6 0
3 years ago
Mary wants to create a brochure for her new canoe rental business. What type of application software should she use?
xeze [42]
C publishing software
7 0
3 years ago
Read 2 more answers
The primary goal of any marketing communication is to get the consumer to buy the product.
o-na [289]

The primary purpose of any marketing communication is to get the purchaser to buy the product. b) false

The final purpose of a marketing communique is to increase sales of your company's services and products. while you stay in contact with customers, deal with them as valued assets, and invite remarks, you construct the muse for worthwhile lengthy-term relationships.

Advertising is any paid shape of verbal exchange from a recognized sponsor or source that attracts interest to ideas, goods, services, or the sponsor itself- basically classified ads and advertisements (whether or not digital or print).

Marketing Communications specialists attention to their company's product or service to face out among competitors, so ability clients note them. They communicate with clients and advertise to new ones via social media and other online systems.

Learn more about marketing communication here: brainly.com/question/9696745

#SPJ4

7 0
2 years ago
On May 1, 2017, ABC Company signed a contract to provide 1 year of marketing research services to Anderson Company starting on M
Anna71 [15]

Answer:

Debit          Cash Account                              $12,000

Credit         Unearned Revenues Account    $12,000

Being advance payment for marketing research services by Anderson

Explanation:

Revenue received before it is earned are reported as liability until it is earned, this is consistent with  accrual basis of accounting. when payment for service not yet performed or goods not yet delivered is received, such a payment must not recognized in the period of payment but in the period when that service is preformed or when the goods are delivered.  

The treatment for advance payment of income is a debit to cash or bank and a credit to unearned revenues account or income received in advance account.

6 0
3 years ago
Counselors of Savannah purchased equipment on January ​1, 2017​, for $43,000.
GalinKa [24]

Answer:

Book value by December 31,2018=$26,000

gain on the sale by December 31, 2018=$1,200

Explanation:

The expression for the accumulated depreciation is as follows;

depreciable cost=Acquisition cost-residual value

where;

acquisition cost=$43,000

residual value=$500

replacing;

depreciable cost=43,000-500=$42,500

depreciable cost=$42,500

The annual depreciation can be expressed as;

annual depreciation=depreciable cost/estimated life

where;

depreciable cost=$42,500

estimated life=5 years

replacing;

annual depreciation=42,500/5=8,500

annual depreciation=$8,500

Accumulated depreciation after 2 years=annual depreciation×2=(8,500×2)=$17,000

Book value=acquisition cost-accumulated depreciation

where;

acquisition cost=$43,000

accumulated depreciation=$17,000

replacing;

Book value=43,000-17,000=$26,000

net gain/loss=sale-book value

net gain/loss=27,200-26,000

gain on the sale by December 31, 2018=$1,200

3 0
3 years ago
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