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3 years ago

Which economic concept helps explain the changing demand for jewelry?

Business

1 answer:

Anettt [7]3 years ago

5 0

Answer:

A.fungibility  is a economic concept which helps explain the changing demand for jewelry.

Fungibility is the ability of a good or asset to be interchanged with other individual goods or assets .

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What is the difference between the value of a firm's final product and the value added by the firm to the final product?

sweet [91]

Answer:

The value of a firm's final product is the selling price whereas value added refers to the addition of value to the raw material (intermediate products).

Explanation:

The term "value added" describes the enhancement a company gives to its product before offering it to the customer. It can be considered as an extra special feature added by a company to increase the value of a final product.

3 0

3 years ago

The new product development process has seven stages going from new product strategy development to commercialization. At which

mina [271]

Answer:

Idea generation

Explanation:

Idea generation -

It is the method for searching new methodology or technique to the solution to any previous idea .

It is the main and the most primary focus during the phase of the creative process .

Analyzing the market , interpreting the competitions and asking the customers , all falls in this stage .

Hence , the stage which is asked by the question data is the stage of Idea generation .

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3 years ago

Choose all that apply. Select all the responsibilities of consumers. Gather information about products and services before makin

jolli1 [7]

Answer:

Stay informed about products that you buy to be aware of product recalls.

Gather information about products and services before making a purchase to be aware of price, quality, and the product specifications.

Read instructions on products and use them as intended.

Take action and report faulty products, fraudulent activity, and any other violation of consumer rights.

Consider the impact of your purchases on others and choose products that do not harm the environment.

Insist on compensation if you are not satisfied with your purchase.

8 0

3 years ago

Swiss Furniture Company manufactures bookshelves and uses an activityminus−based costing system. The following information is pr

UkoKoshka [18]

Answer:

Cost of material handling and assembling per book shelf = $135.0811

Explanation:

Material Handling = $7,700 for 10,430 parts

Assembling = $10,600 for 10,430 parts

Packaging $2,640 for 1,490 bookshelves.

Each bookshelf consists 77 parts

We need to calculate material handling and assembling cost per book shelf.

Material handling cost per part = $7,700/10,430 = 0.738

Cost for 77 parts = 0.738 X 77 =$56.826

Assembling costs per part = $10,600/10,430 = $1.0163

Cost for 77 parts = $1.0163 X 77 = $78.2551

Cost of material handling and assembling per book shelf = $56.826 + $78.2551 = $135.0811

8 0

3 years ago

Independent auditing can best be described as:________. A. A regulatory function that prevents the issuance of improper financia

Elden [556K]

Answer:

C. A discipline that enhances the degree of confidence that users can place in financial statements.

Explanation:

Independent auditing includes the process of auditing by an independent auditor. It involves the process of analyzing and examining the financial transactions and records. The company's accounts, the business records, the transactions are all monitored and audited so as to avoid any unprecedented act. It do not indulge any means of profit in the whole process. Independent auditing is adopted by the shareholders in order to protect from any sort of frauds or unacceptable claims made in terms of financial records.

8 0

3 years ago