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3 years ago

11. Using a hypothetical but specific example, explain how the perceived value of an item may differ from person to person.

Business

1 answer:

notka56 [123]3 years ago

3 0

Answer:

Aperson with better financial ability would have a less perceived value than someone with lesser financial ability. For example, a celebrity could buy a piece of clothing (jeans,shirts, jackets, etc.) for $100 and it would be nothing to them. But to someone working a regular 9 to 5 job, that would be an excessive amount of money to spend on one piece of clothing.

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The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $26,800. If these calcu

Allushta [10]

Answer:

$53

Explanation:

Tolar Corporation

Price per calculator × 400 calculators > $10,000 + $11,200

Price per calculator × 400 calculators > $

$21,200

Price per calculator = $21,200 ÷ 400 calculators

= $53 per calculator

8 0

4 years ago

Suppose the economy is producing at the natural rate of output. An increase in consumer and business confidence will cause _____

Leokris [45]

Answer:

d) no change; a decrease

Explanation:

The Real GDP (gross domestic product) is a macroeconomic term which is the measurement of the value of services and goods produced by economy in a certain or specific time period compared to normal GDP. The influencer elements of Real GDP are very miscellaneous due to long run and short run periods. Then, the determinants which impact on the long run growth of an economy are:

1) Growth of productivity that means the ratio of economic outputs to inputs

2)Demographic changed that means the change of quantity or quality of employment, age structure and etc.

3)Labor Force participation which means that which amount participation there is in labor activities.

As seen above, the consumer and business confidence will not have any positive or negative effect on the real GDP.

Inflation is one of the most important macroeconomic indicator that intends the rate how the purchase power of the money is falling by the rising on the price levels of goods and services. In long run, the most influencing element for inflation is the rate of money supply but if we consider business and consumer confidence are the positive things for the developing of GDP, then they will have a little bit decrease effect on inflation.

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3 years ago

- Adele Corp., a wholesaler of music equipment, issued $22,000,000 of 20-year, 7% callable

Leni [432]

Answer:Please see answer in explanation column

Explanation:

The Journal entry is shown below:-

1. To record the issue of bonds payable

Date Account titles and explanation Debit Credit

March 1 20Y1 Cash $22,000,000

To Bonds payable $22,000,000

2.To record Interest on the bonds paid

Date Account titles and explanation Debit Credit

Sept 1 20Y1 Interest expense $770,000

Cash $770,000

Calculation:

Interest = face value of bonds x interest rate x time

=$22,000,000 x 7% x 6/12

=$770,000

3. To record bonds on retirement is recorded

Date Account titles and explanation Debit Credit

Sept 1 2045 Bonds payable $22,000,000

Loss on retirement of bonds $440,000

To Cash $22,440,000

Calculation:

Cash = $22,000,000 × 102/ 100) = 22,440,000

Loss on retirement of bonds = $22,440,000 - $22,000,000 = $440,000

8 0

3 years ago

A man has $34,000 to invest. He invests some of the money at 5% and the balance at 4%. His total annual interest income is $1545

notka56 [123]

Answer:

Amount invested @ 5% = $18,500

Amount invested @ 4% = $34,000 - $18,500 = $15,500

Explanation:

Provided we have the following details,

Total investment = $34,000

Let amount invested @ 5% = x

Then, amount invested at 4% = $34,000 - x

Thus, $(x \times 0.05) + (($34,000 - x) \times 0.04) = $1,545$

0.05x + $1,360 - 0.04x = $1,545

0.01x = $1,545 - $1,360 = $185

x = $185/0.01 = $18,500

Thus, amount invested @ 5% = $18,500

Amount invested @ 4% = $34,000 - $18,500 = $15,500

7 0

3 years ago

Tara's company has launched a new style of lightweight running shoe. The company recently received some bad publicity. Tara is p

pogonyaev

Incomplete question. The remaining part reads;

<u>Identify the sales promotion technique based on the given scenario.</u>

Answer:

<u>Loyalty Points to Customers.</u>

Explanation:

An important sales promotion technique that fits well into this technique is the sales promotion technique. This technique involves providing some incentives that motivate your aggrieved customers to reconsider coming back to you.

For example, Tara could offer her customers loyalty points which they can redeem as discounts for every pair of the new style of lightweight running shoe. By so doing, she may be able to regain the trust of her customers.

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3 years ago