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malfutka [58]
4 years ago
9

In the Romer model, the inputs to production are:

Business
1 answer:
frosja888 [35]4 years ago
6 0

Answer:

c. labor and ideas.

Explanation:

The Romer model is a type of economical model that breaks down the world into objects and ideas such as capital, labor

In the Romer model, the inputs to production are labor and ideas.

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Variable costs as a percentage of sales for lemon inc. are 80%, current sales are $600,000, and fixed costs are $130,000. How mu
GREYUIT [131]

When sales increase by $40,000, operating income will change by $-12,000.

<h3>By how much would operating income change?</h3>

The net operating income is total revenue less direct and indirect expenses. Direct expense is variable cost and indirect expenses are fixed costs.

Operating income = total revenue - variable expenses - fixed costs

Initial operating income: 600,0000 - (0.8 x 600,000) - 130,000 = -10,000

New operating income: (600,000 + 40,000) - [0.8 x (600,000 + 40,000)] - 130,000 = 2,0000

Change in operating income: -10,000 - 2,000 = $-12,000

To learn more about operating income, please check: brainly.com/question/26848906

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6 0
2 years ago
Incoterms determine the seller’s and buyer’s respective obligations concerning responsibilities and charges for the transportati
Sergeu [11.5K]

Answer:

True

Explanation:

Hi, the statement is true.

Incoterms (International Commercial Terms) are commercial terms, commonly used in international commercial transactions.

These terms determine the obligations, reponsabilities, costs and risks of  both parts involved in a comercial transaction (  buyer and seller) where goods are delivered.

Incoterms rules are accepted worldwide.

5 0
4 years ago
When mu manufacturing co. exports their technological know-how in exchange for a fee, they are entering foreign markets through
Anna007 [38]
The appropriate response is the turnkey project. One of the unique methods of completing universal business is a turnkey project. It is an agreement under which firm consents to complete configuration, build and prepare a business office and turn the venture over to the buyer when it is prepared for operation for a compensation.
5 0
3 years ago
Assume that Sonic Foundry Corporation has a contractual debt outstanding. Sonic has available two means of settlement. It can ei
katen-ka-za [31]

Answer: Make immediate payment of $2,458,000

Explanation:

The recommended payment option will be the one with a lower present value.

It can make a payment of $2,458,000 now which would be the PV of the first option.

Second option is a constant amount for 15 years to be paid on the first day of every year making it an annuity due.

Present Value of annuity due;

= Annuity * Present value factor of Annuity due, 15 periods, 11%

= 336,800 * 7.9819

= $2,688,303.92‬

<em>Lower and recommended option is to make immediate payment of $2,458,000. </em>

6 0
3 years ago
Since global expansion typically means bringing the company's existing products to new markets, it would be considered a _______
velikii [3]

Answer:

<u>Market development.</u>

Explanation:

Market development strategy refers to a strategy used by organizations wishing to expand in the market by identifying and developing new market segments for their product, ie the focus is on gaining new uses and potential new customers. for your products.

For this to be a successful strategy, the marketing manager must consider whether there is a need for product modification or new product insertion, and if there are enough research efforts on sales channel and customer behavior so that This strategy meets the expectations of increased efficiency, market expansion and profitability.

4 0
3 years ago
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