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Ne4ueva [31]
3 years ago
10

If your seller cost is $8.00 and the price ceiling is $7.00, you will:

Business
1 answer:
ozzi3 years ago
6 0
<span>If your seller cost is $8.00 and the price ceiling is $7.00, you will: </span>Be unable to sell a book for a profit  

Seller Cost refers to the total expense that you have to pay until the product is distributed, while price ceiling is the maximum price imposed by the Government for the product.
The only way for you to obtain profit in this situation is if you could reduce the total operational expense.
You might be interested in
Sales data, complaints, compliments, and redemption rates for coupons and rebates are types of ________________ marketers use to
skelet666 [1.2K]

The answer is feedback. This is considered to be an information in which is about the product or services being performed. They are also referred to as reactions produced by other people in means of having to use it as a basis for improvement or to correct some minor issues.

8 0
3 years ago
The management of an SBU is addressing the issue of whether through investment and a new
White raven [17]

Using a market development investment-driven strategy, the SBU (Strategic Business Unit) that can be transformed into a star is a question mark SBU.

The characteristics of a question mark SBU are:

  • high growth prospects
  • low market share
  • consumes a lot of cash
  • generates little returns
  • loses money

For the transformation of a question mark SBU, more investments and new strategies have to be brought in.

Thus, a question mark SBU has the highest potential to turn into a star if the market growth is high.

Read more about the BCG growth share matrix at brainly.com

7 0
3 years ago
An automobile factory in Michigan uses $100,000 worth of parts purchased from foreign countries along with U.S. inputs to produc
Gnom [1K]

Answer:

Total value added to the GDP is $500,000.

Explanation:

Given that,

Automobile factory uses parts that are purchased from foreign countries = $100,000

Total cars produce = 30

Price of each car = $20,000

Total cars sold = 20

Left in inventory = 10

Therefore,

Addition to GDP:

= Total value of car produced - Imports(parts purchased from foreign countries)

= (Selling price of each car × Total cars produced) - $100,000

= ($20,000 × 30) - $100,000

= $600,000 - $100,000

= $500,000

Hence, total value added to the GDP is $500,000.

5 0
3 years ago
Jill's parents are concerned because she does not have a job despite graduating from college. Her parents tell her that they got
gtnhenbr [62]

Answer:

Her sociological imagination.

Explanation:

From the question, we were informed about Jill's parents who were concerned because she does not have a job despite graduating from college. Her parents tell her that they got jobs right out of high school, so she should be able to get a job very easily. They conclude that she must be lazy. Jill tells them that they need to consider larger economic trends and changes in technology to understand why she is having trouble finding a job. Jill is using

Her sociological imagination to explain her inability to get a job. The sociological imagination can be regarded as a practice that involved having ability to “think ourselves away” from some of our daily and familiar routines of our lives, so that see them with critical and new eyes, Sociological imagination is ability gotten by individual to focus away from his/her particular situation then think from other point of view or alternative perspective. Sociological imagination can be regarded from other point of view as capacity of individual to shift his/her thought from one perspective to another perspective.

5 0
3 years ago
Chisholm Associates uses the indirect method to prepare the operating activities section of the statement of cash flows. The fol
Kobotan [32]

Answer:

$58100

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.  

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

An increase in an asset other than cash is an outflow of cash while an increase in liabilities is an inflow of cash. A decrease in an asset other than cash is an inflow of cash while an decrease in liabilities is an outflow of cash.

Change in

Accounts receivable = $ 42,550 - $ 32,100=

 = $10450   (Asset)

Prepaid insurance = 3,550 - 6,700

= -$3150  (Asset)

Accounts payable = 28,350 - 26,100  

= $2250  (liability)

Unearned revenue = 6,350 - 8,500

= -$2150  (liability)

The net cash flows from operating activities

= $65,500 - $10450  + $3150  - $2250  + $2150

= $58100

7 0
3 years ago
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