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3 years ago

Consumers affect wich goods and services are produced because they?

1 answer:

6 0

The answer is Supply and Demand, whatever people want to eat more of is what restaurants and other stores will make and sell.
Hope this helped :)

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The city of Brittainville’s Special Revenue Fund levied $350,000 in taxes, of which 1% was expected to be uncollectible during t

Arturiano [62]

Answer:

fund balance will increase by $404,000

Explanation:

Given data:

Fund levived in taxes $350,000

1% of fund expected to be uncollectible

Amount of fund collected $7500 as interest revenue

$ 50,000 transferred to general fund

As it is given 1% is uncollectible , remaining value would be

= $350,000- $3,500 (1% * $350,000)

= $346,500

The other inflows are $7,500 + $50,000,

Total inflow is = $57,500.

Total transaction = $346,500 + $57,500 = $404,000

8 0

3 years ago

It costs Crane Company $28 of variable costs and $15 of allocated fixed costs to produce an industrial trash can that sells for

Taya2010 [7]

Answer:

Effect on income= $6,000 increase

Explanation:

Giving the following information:

Unitary variable cost= $28

Selling price= $30

Number of units= 3,000

<u>Because it is a special offer and there is unused capacity, we will not take into account the allocated fixed costs.</u>

Effect on income= 3,000*(30 - 28)

Effect on income= $6,000 increase

8 0

3 years ago

Why is money not considered to be a capital resource in economics? Why is entrepreneurial ability considered a category of econo

Nata [24]

Answer:

Money is not considered a capital resource because money is not productive. It provides access to resources but itself does not directly contribute to the production of goods and services.

Entrepreneurial ability does directly produce goods and services; it organizes the resources that do. Entrepreneurs are risk-takers.

Explanation:

3 0

4 years ago

g Crane Corporation incurred the following costs while manufacturing its product. Materials used in product$126,400Advertising e

IgorC [24]

Answer:

124,300

Explanation:

Finished goods is the inventory which is completed during the period and is ready to be sold out. Finished goods is a part of available for sale inventory of a company. Crane corporations finished goods inventory on the year end December 31 is 124,300. This is calculated as follows,

Finished goods inventory = Beginning Work in process - Materials added - Ending work in process .

Finished goods inventory = $14,600 + $126,400 - $16,700

Finished goods inventory = 124,300

5 0

3 years ago

Firms that sell luxury products, custom-made products, and services (like wedding planners, home builders, etc) often take the t

Illusion [34]

Answer:

One to one marketing

Explanation:

One to one marketing refers to that form of marketing wherein the seller's focus is upon identifying and satisfying individual customer needs and creating products of value, tailor made for satisfying those needs.

Under such form of marketing, the seller stresses upon knowing individual choices and preferences and then serving the customer needs on individual or one to one basis.

One to one marketing is of two forms, personalization and customization. Under the former, the seller recommends products to customers based upon their past purchase history.

Under customization , the company provides an option to the customers to get a product customized as per their requirement and needs.

5 0

4 years ago