Answer:
Option C It attempts to determine the retail price by using production costs as a base.
Explanation:
This approach helps in determining the retail price of the competitors that he is charging in the market. This gives a better insight to what the production costs are of the competitors.This information is very important for pricing decisions and for cost control strategy. This gives a better insight where we are and where we must be. So the option C is correct here.
Answer:
Daily saving (NPV) is $33
Annual saving is $12,045
Explanation:
1.What is the NPV of accepting the lockbox agreement?
The total about to be deposited in bank lockbox per day = average receipt size * number of checks per day
= $135 * 7,300 = $985,500
The daily interest to be received = $985,500 * 0.016% = $158
Daily saving (NPV) = Interest received – lockbox fee = $158 - $125 = $33
2. What would the net annual savings be if the service were adopted?
Annual saving = daily saving * 356 days = $33 * 365 = $12,045
Answer:
Option (B) is correct.
Explanation:
The utility maximization point for a consumer is as follows:
It is given that,
price of Pepsi(x) = $1 per can
price of a hamburger(y) = $2
Marginal utility from Pepsi = 4
Marginal utility from hamburgers = 6
Hence,
4 > 3
Therefore, it can be seen that the consumer's utility is not maximized at this point.
Law of diminishing marginal utility states that as the consumer consumes more and more quantity of goods then as a result the utility obtained from the consumption goes on diminishing.
So, there is a need to increase the quantity of Pepsi consumed and reducing the quantity of hamburgers consumed.
Explanation:
the characteristics are as follows:-
1. Natural resources are useful, profitable and beneficial .
2. Natural resources have limited availability.
3. They are potential for depletion or consumption.
4. Natural resources are non-renewable sources in nature.
The most damaging effect of bank failures in the great depression was that the peoples lost their jobs that were working in the banks.
<h3>What is the great depression?</h3>
The great depression was the very bad condition of the economy, where there was the fall in the aggregate economy. This phrase started from the year 1929, that continues till 1939.
Many peoples lost their jobs and became unemployed due to the execution of the great depression. The most detrimental effect of bank failures during the Great Depression was that people that worked in banks lost their employment.
Therefore, The great depression was started from the United States and spread to all over the world.
Learn more about the great depression, refer to:
brainly.com/question/17642418
#SPJ4