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3 years ago

_______________ is the process of selling goods and services to individuals for their personal use?

1 answer:

3 0

The correct answer is retailing.
Retailing is the process of selling goods and services to individuals for their personal use. You have stores, which are considered to be retailers of particular goods and services, and then you have customers who go there to buy those goods and services.

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There were initially two satellite radio providers in the U.S. market, Sirius and XM Radio. The firms merged to form one firm, a

Delicious77 [7]

Answer: a. The merged firm will operate at higher capacity and may be able to reduce costs through economies of scale and perhaps learning-by-doing, which will benefit U.S. consumers.

Explanation:

A merger occurs when two companies comes together and becomes one. This is done in order to expand the recah of a company, gain a market share, and also expand into new segments.

The plausible reasons for the limited impact of the merger will be because the merger will lead to the operation at a higher capacity which will ensure that there's cost reduction through economies of scale which will be beneficial to the consumers.

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3 years ago

Gilberto Company currently manufactures 90,000 units per year of one of its crucial parts. Variable costs are $3.20 per unit, fi

Elina [12.6K]

Answer:

Part 1

total incremental cost of making 90,000 units = $388,000

total incremental cost of buying 90,000 units = $396,000

Part 2

There is a cost advantage of $8,000 of making than buying, therefore the company should continue to manufacture the part.

Explanation:

total incremental cost of making 90,000 units

Variable costs are ($3.20 x 90,000 units) $288,000

Fixed Costs $100,000

Total $388,000

total incremental cost of buying 90,000 units

Purchase Price ($4.40 x 90,000 units) $396,000

Total $396,000

Decision :

There is a cost advantage of $8,000 of making than buying, therefore the company should continue to manufacture the part.

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3 years ago

Abused children live in families of all socioeconomic levels, races, nationalities, and religious groups, although child abuse i

Digiron [165]

Answer:

The correct answer is lower-class nonwhite.

Explanation:

The lower class is the poorest population segment of human society. It is characterized by having great gaps in its way of life and limitations in terms of access to economic resources. They are usually unemployed people, who do not own their own home or other goods or properties that are essential for living.

To this socioeconomic class belong people with very low educational levels, barely with primary education and some with secondary education. Some casual or independent workers also enter this class. Lower class families do not have good basic services in their homes.

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4 years ago

Kevin owns a retail store, and during the current year, he purchased $610,000 worth of inventory. Kevin's beginning inventory wa

Dimas [21]

Answer:

COGS= $598,020

Explanation:

Giving the following information:

Kevin owns a retail store, and during the current year, he purchased $610,000 worth of inventory. Kevin's beginning inventory was $67,000, and his ending inventory is $77,200. During the year, Kevin withdrew $1,780 in inventory for his personal use.

We need to deduct the inventory used for personal use.

To calculate the cost of goods sold, we need to use the following formula:

COGS= beginning finished inventory + cost of goods purchased - ending finished inventory

COGS= 67,000 + 610,000 - 77,200 - 1,780

COGS= $598,020

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4 years ago

Select all the choices that decision makers could use marginal analysis for to make effective decisions.

mylen [45]

<span>Adding a machine to the factory and producing another car would be the choices that decision makers could use marginal analysis to make effective decisions.</span>

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3 years ago

Read 2 more answers