Should be 21 days but that is not all the time!
Answer:
A. 52% and $11 per unit
Explanation:
The contribution margin ratio is a measure of how much of a business revenue is available for covering its variable expenses. It also reveals how much is left to cover its fixed cost. The contribution margin is the unit income generated from each product sold. To calculate contribution margin ratio we divide contribution margin by sales. i.e
Contribution margin ratio = (contribution margin)/sales
Contribution margin = (sales - variable expenses)/sales
OR
contribution margin = (selling price - average variable cost)/ selling price
Since selling price is $21 and average variable cost is $10
contribution margin = (21 - 10)/21
= 11/21
=52.38% or 0.5238
Contribution margin = $21 - $10
= $11
thus, A. 52% and $11 per unit is the answer.
variable cost per unit also means average variable cost.
Answer:
understate economic welfare, because it does not take into account increases in leisure
Explanation:
While GDP is often used as an index to assess the standard of living of a state or country, there are a number of limitations to this indicator. GDP does not take into account entertainment, health and education costs, off-market operations, nature of the environment etc.
Therefore the second option is correct
Answer: Foot in the door
Explanation:
A. In Ingratiation one tries to influence the respondent by using flattery or compliments etc.
B. In Door-in-the-Face technique the influencer first make a big request followed by a small one that the respondent will most likely accept.
C. In need satisfaction the influencer first try to understand the needs of the respondent and then make his move as per the observations made.
D. In foot in the door first a small request is made which the respondent will most likely accept and then the crucial request is presented before the respondent.
E. In Adaptive Selling the technique of changing behavior is used as per the changing requirements.
Hence, from the above we can conclude that Charlotte used foot in the door.
When you outsource production, most of the time you are able to have your products produced cheaper. The cost of production in a foreign country is much cheaper because of their minimum wage standards compared to those in America.
