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statuscvo [17]
3 years ago
14

Which of the following statements is correct?

Business
1 answer:
artcher [175]3 years ago
3 0

Answer: It is reasonable to assume that a profit-maximizing firm will never operate in the inelastic portion of its demand curve.

Explanation:

It should be noted that a firm that profit maximizing will not operate in the inelastic portion of its demand curve because at that point, the firm isn't maximizing profit.

When there's an inelastic demand, an increase in price will bring about a less than proportionate reduction in the quantity of the goods that's demanded. In such case, if the firm operates at the inelastic portion of its demand curve, when it increases price, this will lead to a reduction in income and profit will not be maximize.

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Eve runs a small business. She runs her business operations from a rented office. Eve has paid the office rent worth $10,000 for
MakcuM [25]

Answer:

C. Current liabilities

Explanation:

4 0
4 years ago
Read 2 more answers
Which of the following statements would most likely be included in a procedure?
Fantom [35]

Answer:

The statement that would most likely be included in a procedure is:

D. "Antivirus protection will be installed on all workstations at St. Eligius Healthcare."

Explanation:

A procedure is the formal, official, or standard and established manner of carrying out business processes.  It is quite different from a process, which details the steps that a procedure may follow.  A goods example of a process is the B statement, "Step 5: After the installation of the antivirus tool is complete, click the Tools menu, then Actions, then Update Definitions Now."

6 0
3 years ago
FedEx offers its customers fast and reliable package delivery. When FedEx customers weigh these benefits against the monetary co
Dahasolnce [82]

Answer:

They are acting upon perceived customer value.

Explanation:

In the field of marketing, perceived customer value can be defined as the clients' assessment of the cost of the product and services weighed against its capacity to live up to their needs and desires, particularly in comparison with it's peers. Marketing experts always attempt to impact customers' apparent perception of an item by depicting the qualities that make it better than the competition. In this way, the marketers alter the customers perceived value.

Perceived customer value usually involves the monetary cost of the product or services. It all comes down to how the customer views the price of that particular product or service weighed against the benefits. In simpler terms, the customer is always deciding if purchasing the product is worthwhile. When the customers feel that the cost doesn't march the benefits, then there are higher chances of the customers not purchasing  the product or service, especially if the competition offers a lower cost.

In the case of FedEx customers, they are trying to weigh the benefits against the monetary cost of using the reliable package delivery service. In this way, they are acting upon perceived customer value.

4 0
4 years ago
master budget schedules blank . multiple select question. may be prepared in any order are based on estimates and assumptions an
Paraphin [41]

A master budget schedules answer several key questions for a company. Thus the correct option is last.

<h3 /><h3>What is Master Budget?</h3>

A master budget is created by combining all of the smaller business budgets into one budget in order to provide a comprehensive insight into the company's financial position.

All other departments' budgets are combined into the master budget to create a single budget. It may be said that the master budget schedules provide answers to a number of issues connected to the many departments within an organization.

Therefore, the last option is appropriate.

Learn more about the master budget,  here:-

brainly.com/question/15900166

#SPJ1

5 0
1 year ago
Assume Baldwin Corp. is downsizing the size of their workforce by 15% (to the nearest person) next year from various strategic i
insens350 [35]

Answer: $362,100

Explanation:

I could not find your exact question's details but I believe this can act as a reference.

Baldwin has 473 employees (given as the Complement). They plan to downsize by 15% which means they plan to retrench;

= 473 * 15%

= 70.95

= 71 people

The cost of retrenching one person is;

= 100 + 5,000

= $5,100

For 71 employees;

= 5,100 * 71

= $362,100

3 0
3 years ago
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