Answer:
a. $2,200,000
Explanation:
We solve considering the inventory identity:
the difference during the year means the difference between ending and beginning inventory was of 200,000
So we plug that into the formula and solve
Purchase 2,200,000
Answer:
b.The group may be dominated by a single person.
Explanation:
As for the given instance, it is clear that Harriet did not speak much in the conversation and that is why she might not have been able to disclose properly all her intentions and opinions towards the concerned topic.
Although Simon have stated all his opinions, that does not mean all his suggestions are right and he shall work upon them.
But still his opinions were that might be included most in the final decisions.
Thus, the drawback that can be clearly highlighted is that:
The group does consider only the person who is able to communicate maximum, and therefore statement B is most accurate to define the drawback.
Answer:
B.
standard test markets
Explanation:
Standard test markets is when a set of representative cities are selected and the full marketing mix is tested in these areas before a new product launch. The new products are sold through their normal channels to simulate reality.
Yummy peanuts is testing its new coconut flavored peanut butter in a group of representative cities. Aimed at forecasting national sales and profit. This is use of standard test markets.
Answer:
1. Increase in number of orchards
2. Increase in housing prices
Explanation:
1. What effect is the new diet likely to have on the number of apple orchards within 100 miles of New York City?
There is going to be increased demand for apples due to this new diet and this increase in demand is going to bring about a hike in the price for apples. This price increase would make business to be viable for these apple farmers. More people would want to own orchards just to make money out of the boom in apples. Because apple farming now seems to be more profitable than other activities. <u><em>So this would cause the number of apple orchards that are within 100 miles of new york city to increase.</em></u>
2. What effect is the diet likely to have on housing prices in New York City?
- There would be an increase in housing prices in New york city as farmers would rather be planting apples on these lands instead of sellng them to developers for building houses. There would be a decrease in the supply of housing in New york.
