Answer:
product
Explanation:
When a company is organized by product, it will structure its whole operation to cater to focus on that one product. This will include the way the arrange their production method, distribution strategy, marketing plan that they implemented, etc.
We can use coca-cola as an example.
They separate the office to cater specific products only. They do this to increase the efficiency of the production. Focusing only on one product will make it easier for the workers to understand the type of customers that they face in the market and the type of materials and production method that will be the most cost efficient.
The answer to this item is letter <em>C. PRICE ELASTIC. </em>
The price elastic demand as stated in this given corresponds to the increase or rise in the total revenue when the price is brought down or decreased. This is indicated by the PED (price elasticity of demand).
The total revenue is calculated by multiplying the total items, good, or services sold by the unit price. For the demand which is price elastic, the decrease in the price will cause a higher raise in the number of customer vying for the products and services.
Answer:
A, an economic Union.
Explanation:
An economic union is a type of trade agreement concerning the same market of commodities, between a group of countries.
The trade agreement usually involves the free flow of the factors of production as well as factors of production.
Also, the agreement means that countries that are a part of the economic union are able to adopt a currency, regulate and harmonize tax rates as well as implement similar policies.
Asides economic union, there are other types of trade agreements and they include, free-trade zones, custom union, etc.
Cheers.
Answer:
The break even in dollars is $23000000
Explanation:
The break even point in dollars is the amount of revenue which produces no profit or no loss and where total revenue equals total cost. The break even in dollars is calculated by dividing the fixed cost by the weighted average contribution margin ratio.
Break even in dollars = Fixed costs / Weighted average contribution margin ratio
Weighted average contribution margin ratio is the contribution margin ratio of each products multiplied by the products weight in the sales mix.
Weighted average contribution margin ratio = Weight in sales mix of Product A * contribution margin ratio of product A + Weight in sales mix of Product B * Contribution margin ratio of Product B
Weighted average contribution margin ratio = 0.65 * 0.3 + 0.35 * 0.5 = 0.37
Break even in dollars = 8510000 / 0.37
Break even in dollars = $23000000
Answer:
The amount of net income is $45,000
Explanation:
The computation of the net income is shown below:
= Total assets - Liabilities - stockholder equity
= $200,000 - $75,000 - $80,000
= $45,0000
By using the accounting equation, the total assets equal to the total liabilities and stockholder equity
In mathematically,
Total assets = Total liabilities + stockholder equity
But in the given question, the amounts are not equal to each other, so the difference should be termed as net income
