Answer:
The answer is C.
Explanation:
Necessity goods are the goods or services that a consumer will continue buying whether income falls or the price rises. This type of goods are considered essential. The are not sensitive to price. To Jane, Diet coke is a necessity because she takes it everyday.
While luxury goods are goods that are really not essential. They are owned or bought for the sake of showing wealth or affluence. To Jane, gourmet cheese is a luxury good.
Answer:
a) Limited liability company
Explanation:
Considering the options given, as an advisor the form of business that I would recommend is: limited liability company that is a structure in which the owners are not responsible with their personal assets for the company's debts as the three owners are concerned about this risk.
I would not advise the other forms of business because the sole proprietorship is a firm that is run by one person, the general partnership is a structure in which two or more people agree to share unlimited liability which means that they share all their personal assets and are responsible for any debt the company has with them and the master limited partnership is a company that trades securities in the market.
Answer:
It is preferable to further process Product A.
Explanation:
Product should be processed further before sale if the net incremental benefits from further processing is positive.
The net incremental benefits from further processing is increase in revenue when further processed less further costs of processing.
Increase in revenue=$58,000-$40,000
=$18,000
Further processing costs=$15,000
Net incremental benefits=$18,000-$15,000
Net incremental benefits=$3,000
Since processing further brings a net benefit of $3,000, Product A should be further processed before being sold.
NASTY AND ALSO THE GUY THE ANSWERED IS NOW BANNED HAHAHA
i just asked my brother , and he goes to business school at bentley university in massachusetts, he said he was in a similar situation he said that reporting it to your supervisors is the best idea.
your welcome!!
