Answer: The correct answer is "a. Opportunity".
Explanation: This would be considered an <u>OPPORTUNITY</u> for BruceCo.
This situation according to the SWOT analysis, represents an opportunity for BruceCo because the announcement of an authority reported on a benefit of coffee consumption, and this small coffee producer, can take advantage and exploit this announcement in order to increase its sales.
Answer:
The correct answer is C. when income increases, demand for a normal good increases while demand for an inferior good falls.
Explanation:
The normal good is that whose quantity demanded for each of the prices increases when the rent increases. A lower good is one whose quantity demanded decreases when income increases. The inferior goods are usually those for which there are higher quality alternatives. When it comes to a normal good, increasing the income of the consumer increases the quantity demanded at each price. Causing a shift in demand to the right.
Answer:
B) the sale of goods to a customer.
Explanation:
When goods are sold to a customer, the cost of goods sold account is debited by the same value that the finished goods inventory is credited.
For example, suppose a company sells $1,000 worth of goods to a customer, and the sales price is $1,200. The customer pays by cash the full value of the goods. The journal entry would be:
Account Debit Credit
Cash $1,200
Sales Revenue $1,200
Cost of Goods Sold $1,000
Finished Goods Inventory $1,000
Answer: $2,98,491.106 ⇒ Total cost of production
Explanation:
Given that,
Total cost of production at x = 1000 units
C(x) = 2000 + 170x + 4
C(1000) = 2000 + 170(1000) + 4
= 2000 + 170000 + 126491.106
= $2,98,491.106 ⇒ Total cost of production
So, above is the cost of producing 1000 units.
