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podryga [215]
3 years ago
6

Durable goods are: a. consumers' goods b. raw materials combined to produce consumer goods c. those that must be replaced after

each use d. those that may be stored and repaired e. none of the above
Business
1 answer:
Leokris [45]3 years ago
3 0

Answer:

d. those that may be stored and repaired

Explanation:

Durable goods are those goods that are stored and repaired. It is to be considered for the long-lasting so it can be stored. Also it can be repaired when they wear out

For example: mobile phone, table, chair, toys, etc

Therefore as per the given situation, the option d is correct

And, the remaining options are to be considered

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A radiology clinic is considering buying a new $700,000 x-ray machine, which will have no salvage value after installation becau
meriva

Answer: c. Ten years, because maintenance costs don't increase.

Explanation:

With the maintenance costs constant at $24,000 a year, the machine is still expected to go 10 years before it's x-ray source is depleted and it has to be scrapped.

This means that the useful life is therefore 10 years because the maintenance cost will not increase but will still keep the machine going for 10 years.

6 0
2 years ago
During the year, Patriot Partners had $245,000 in revenues, $120,000 and expenses, and $40,000 in declared dividends. What was P
Bezzdna [24]

Answer:

Patriots net income for the year = $245,000

Explanation:

Data provided in the question:

Revenue of Patriot Partners during the year = $245,000

Expenses of Patriot Partners during the year = $120,000

Declared dividends by Patriot Partners = $40,000

Now,

The Patriots net income for the year will be

= Revenue of Patriot Partners - Expenses of Patriot Partners

or

Patriots net income for the year = $245,000 - $120,000

or

Patriots net income for the year = $125,000

3 0
3 years ago
Fixed costs for a product are $60,000. The product itself sells for $4.00 and it costs $1.00 to make each product. How will the
Kamila [148]

Answer:

The break-even point in units will increase by 400 units.

Explanation:

Giving the following information:

Fixed costs= $60,000

Selling price= $4.00

Unitary variable cost= $1

First, we need to calculate the current break-even point for the current situation.

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 6,000 / (4 - 1)

Break-even point in units= 2,000 units

<u>Now, the unitary variable cost is $1.5</u>

<u></u>

Break-even point in units= 6,000 / (4 - 1.5)

Break-even point in units= 2,400 units

The break-even point in units will increase by 400 units.

4 0
3 years ago
Managing the flow of goods and materials from the customer backward through the supply chain is called _____.
Montano1993 [528]
Is called reverse logistics
6 0
3 years ago
A recent hurricane destroys half the orange crop. Assuming that the demand for oranges is relatively inelastic, the short impact
elena-s [515]

Answer:

1. Demand would REMAIN THE SAME.

Demand would not change as we are told that demand is relatively inelastic.

2. Supply of oranges will DECREASE.

The hurricane destroyed half of the orange crop. This means that there will be less oranges to sell in the market so the supply will reduce.

3. Market Price of Oranges will RISE

With the supply decreasing and the demand remaining the same, the supply curve will shift left and the new equilibrium will be a higher market price to account for the scarcity.

4. Market Quantity will DECREASE

As the supply to the market decrease, the Quantity available in the market will decrease as well.

5. Total Revenue will RISE.

When market prices rise for a commodity with inelastic demand, total revenue will invariably rise.

3 0
2 years ago
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