Answer:
c. 21,645
Explanation:
The computation of number of fans required to meet the company's goal is shown below:
= (Fixed cost+ target profit) ÷ (Contribution margin per unit)
= ($222,640 + $470,000) ÷ ($32)
= ($692,640) ÷ ($32)
= $21,645
The contribution margin per unit = Selling price per unit - Variable expense per unit
Therefore, the number of fans equal to $21,645
We calculated by above formula.
Answer:
You forgot to add the screen shot!
Explanation:
Hope this helps!
Answer:
What is the term used to describe product attributes that attract certain customers and can be used to form the competitive position of a firm?
Competitive dimensions.
Explanation:
In the business world, there are companies that sell products that are used for the same things. The companies in this types of environments are in competition with each other since they are all fighting over the same resource which is market share. A bigger market share usually translates to more customers and more sales. Bigger sales reflects to a bigger profit margin. For a company to have a bigger market share, there are a number of things that they can do to form the competitive position of their firm. They can do this by using product attributes that attract certain customers, a situation termed competitive dimensions.
The following competitive dimensions can be considered, namely;
1. Quality: companies can focus on the quality of their product by improving the quality of the features above the competition. In this way some customers might consider opting for that product because of its perceived quality. The major features of quality are: reliability, performance, serviceability and value for money.
2. Time: the following form the major components of time, namely; delivery time, manufacturing lead-time and frequency of delivery.
3. Price and cost: these include selling price and the service costs.
Answer: Demographic information
Explanation:
The demographic information is basically refers to the statistical data that is related to the specific group of the consumers.
The main use of the demographical information is that we can easily understand the each segment of the group of the customer in the business.
By using the demographical data we can easily understand the various types of characteristics in an organization such as work situation, income and the ethnicity by proper survey.
Therefore, Demographical information is the correct answer.
The long-run aggregate supply curve would shift to the right if countries with high minimum wages and lengthy and expensive procedures for obtaining business licenses were to lower both the minimum wage and these requirements.
<h3>In the long run, what happens to the aggregate supply?</h3>
Because it is vertical in nature, the traditional long-run aggregate supply does not shift with the price level. This is because, in the long run, businesses do not alter their output because resources adjust to the price change.
<h3>Why does the aggregate supply curve change over time?</h3>
Changes in the variables that have an effect on an economy's potential output are the only things that can cause the long-run aggregate supply curve to change. Changes in technology, capital, natural resources, and labor are all factors that alter the aggregate supply over the long term.
To learn more about long-run aggregate supply curve here
brainly.com/question/27064601
#SPJ1
