Answer:
The correct answer to the following question is option B) a double coincidence of wants .
Explanation:
The term double coincidence of wants ( which is also know as coincidence of wants ) can be defined as a situation where a buyer and seller can simultaneously fulfill each other's needs and wants because both of them possess what other want. Here if both parties possess what other want , they can directly exchange it , without any use of monetary medium.
Managers need to pay attention to dealing with uncertain and competitive conditions. This is part of the mission and vision statements and has to do also with types of planning. The strategic planning includes long term decisions about the overall direction of the company. Conditions can change rapidly and managers must be aware of that .
When one has control over a partner's outcomes, no matter what the partner does, one exercises a form of power known as option b: fate control.
<h3>What does fate control mean?</h3>
The term fate control is known to be when a person has power over the circumstance in which a person or group is said to be facing.
Note that it is one where a person is said to have absolute control over the fate or the effect that will come out of any event or of another person or group.
Note that Fate control is seen only if the other's behavior plays no work in knowing the effect that are to be received.
Hence, When one has control over a partner's outcomes, no matter what the partner does, one exercises a form of power known as option b: fate control.
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Answer:
b. $22.75
Explanation:
We know that
Contribution margin per unit= Sales price per unit - variable cost per unit
Since the selling price is $35
And, the contribution margin is 35%
Therefore, the contribution margin per unit would be
= $35 × 35 per cent
= $12.25
Now add these figures in the formula above.
Hence, the value would be equal to
= $35 - $12.25
= $22.75
The inventory and labor costs are included in the variable cost
