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timama [110]
3 years ago
12

Dion has an auto repair business for high-end cars like a Porsche or Ferrari. He wants to market his services to Porsche, BMW, a

nd Ferrari owners in his community of Midland, Texas. Right now, car owners have to drive to Lubbock, Dallas, or Austin to get their cars serviced. Dion should consult The North American Industry Classification System for data that can be used to:_________.
a. identify potential new customers
b. identify opportunities for new product lines
c. classify business establishments all over the world
d. classify firms according to their number of customers
Business
1 answer:
lozanna [386]3 years ago
3 0

Answer:

d. classify firms according to their number of customers

Explanation:

Since Dion wants to market his services to these car firms, he should consult for data that can be used to classify firms according to the customers that they have.

It has been stated clearly that people have to drive to Lubbock dallas, or Austin to get their cars serviced, so the firms can beclassified according to the number of customers.

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Match the following terms with their definitions. Salary, rewards, net pay, occupation, costs, benefit, deduction1. a fixed amou
Katena32 [7]

Answer:

1. A fixed amount of money periodically paid to a person for work – Salary

2. The price paid to acquire, produce, or accomplish something – costs

3. The portion of the wages that the employee actually gets to take home - net pay

4. Perks provided by your employer – benefit

5. Something that causes or increases personal satisfaction – rewards

6. An amount that is subtracted from your paycheck employee – deduction

7. A person's usual work or business; a way of earning a living - occupation

Explanation:

1. The salary is defined as the amount received by a person for work, this income does not include any extra benefit. to be considered as a salary it has to be paid periodically.

2. The cost is the expense caused for the production of a product, in the case of a service is the cost of offering it. includes direct and indirect labor force cost, amortized costs of the machinery and supplies (for products).

3. The net pay is the salary amount paid to an employee after the deduction of any amount legally recognized, it may include taxes and other items.

4. The benefits are extra gains that an employer may give to workers, different from the salary amount, it may include bonus or specific medical insurance advantages.

5. The rewards are non-usual prizes or recognitions received by people due to a personal or labor goal.

6. The deduction is al legal reduction done by a company in the payment of an employee.

7. The occupation is the activity that a person develops to obtain living resources, it can include personal business or employment.

4 0
3 years ago
Suppose that you are an economic-policy advisor. Environmental groups are pressuring you to implement the highest-possible carbo
liraira [26]

Answer: a tax equal to the external cost.

Explanation:

The most efficient taxes are those that will be equal to the external cost of production that a company is imposing on the environment. This means in effect that a company is paying for the pollution it is inflicting on the environment.

Companies polluting less would pay less and those polluting more would pay more. This is the logic of a tax equal to the external cost.

3 0
3 years ago
Which of the following is not an indicator of the business cycle?
Svetach [21]
D Bc it is d is why it is d is correct
4 0
3 years ago
Answer this question on the basis of the given information for an economy in 2016. dollar value of resource extraction activity
Flura [38]
<span>Basis of the given information for an economy in 2016. Dollar value of resource extraction activity = $20 billion Dollar value of production activity = $50 billion Dollar value of distribution activity = $80 billion Dollar value of final output = $110 billion Gross output for this economy in 2016 equals $260 billion.</span>
6 0
3 years ago
A suggested project requires initial fixed assets of $227,000, has a life of 4 years, and has no salvage value. Assume depreciat
Nat2105 [25]

Answer:

NPV = -$132,193.77

Explanation:

best case NPV:

price per unit (+4%) = $48.88

sales per year (+4%) = 32,240

variable cost per unit (-2%) = $22.54

fixed costs (-2%) = $826,042

depreciation expense per year = $227,000 / 4 = $56,750

contribution margin per unit = $26.34

23% tax rate

discount rate = 11.5%

initial outlay = $227,000

net cash flows = {[($26.34 x 32,240) - $826,042 - $56,750] x 77%} + $56,750 = $30,885.392

NPV = -$132,193.77

5 0
3 years ago
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