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Grace [21]
3 years ago
11

While advocates of a market-oriented economy tend to argue that consumers benefit substantially when firms seek short-term profi

ts by providing differentiated products, critics of market-oriented economies may argue that product differentiation (along with marketing and advertising) is _______________. Select the correct answer below: dishonest socially wasteful low quality boring
Business
1 answer:
ELEN [110]3 years ago
4 0

Answer: socially wasteful

Explanation:

Product differentiation is when a product is being distinguished from similar products in order to make it more appealing and therefore drive consumers choice.

It should be noted that critics of market-oriented economies may argue that product differentiation is socially wasteful.

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You have $500 in your account. You are very responsible. What is the maximum amount of money you should spend?
DanielleElmas [232]

Answer: Strictly speaking, you should only spend $400 in case of an accident, but the answer is $500

Explanation:

5 0
1 year ago
Read 2 more answers
Colorado Rocky Cookie Company offers credit terms to its customers. At the end of 2013, accounts receivable totaled $670,000. Th
Inga [223]

Answer:

Journal entries

Explanation:

The journal entry are as follows

1. Allowance for doubtful debts $25,500

              To Account receivable $25,500

(Being the written off amount is recorded)

2. Account receivable Dr $2,100

         To Allowance for doubtful debts $2,100

(Being the reinstatement of an account previously written off is recorded)

3. Cash Dr $2,100

          To Account receivable $2,100

(Being the collection of account is recorded)

4. Bad debt expense Dr $82,900

              To Allowance for doubtful debts $82,900

(Being the bad debt expense is recorded)

It is computed below:

= $670,000 × 15% - ($41,000 + $25,500 + $2,100)

= $100,500 - $17,600

= $82,900

Only these entries are recorded

3 0
3 years ago
A reconciliation of pretax financial statement income to taxable income is shown below for Fieval Industries for the year ended
hjlf

Answer:

$11,250

Explanation:

Deferred tax asset = Warranty expense in excess of deductible amount * Tax rate

Deferred tax asset = $25,000 * 25%

Deferred tax asset = $6,250

Deferred Tax liability = Depreciation in excess of financial statement amount * Tax rate

Deferred Tax liability = $70,000 * 25%

Deferred Tax liability = $17,500

Non-Current deferred tax liability = $17,500 - $6,250 = $11,250

Hence, Fieval should report $11,250 as the deferred income taxes in its 2021 balance sheet

4 0
2 years ago
One common strategy for attracting the most buyers, which can be accomplished through several tactics, is:
vekshin1
The answer is : Lowering production cost

If we lower the production cost, it will give us the ability to lower the product's price (which will attract a lot of buyers) without have to lower your revenue margin.

Lowering production costs could be accomplished through several tactics, such as : building a more modern factory, finding a cheaper resources supplier. outsourcing the labor to a cheaper country, etc

4 0
3 years ago
As of june 30, 2019, great adventures finishes its first 12 months of operations. if suzie wants to prepare financial statements
wariber [46]
<span>As of June 30, 2013, Great Adventures finishes its first 12 months of operations. If Suzie wants to prepare financial statements, part of the process would involve allowing for uncollectible accounts receivable</span>
5 0
3 years ago
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