Answer:
The consumer is the one who pays to consume the goods and services produced.
Explanation:
As such consumers play a vital role in the economic system of a nation. In absence of effective demand the producers would lack a key to motivation
Answer:
$38,675
Explanation:
sales price per pillow $97.50
total production 2,000 units
total sales 1,750 units
costs:
variable costs $22.10 per unit
fixed manufacturing $13.00 per unit
fixed administrative expenses $19.50 per unit
variable costing assigns only variable costs to inventory and COGS, so the COGS using variable costing = 1,750 units x $22.10 = $38,675
under variable costing, all fixed costs are period costs (fixed manufacturing and fixed administrative).
Answer: False
Explanation:
Quotations are used in speeches to reference something said by someone else that is related to subject matter of the speech one is giving.
Quotations are best made in the middle of speeches to act as a second voice reaffirming what the speaker is saying.
Ending a speech with a quotation may show signs of low trust of the speaker in his own words to the audience.
A. An outline of the material you want to cover in your slide presentation.