The answer & explanation for this question is given in the attachment below.
Answer:
B. Mass communication has cost advantages for firms in consumer goods industries that are trying to sell to a large segment of the market.
Answer:
WIP 5,040
Factory Overhead 5,040
Explanation:
280,000/25,000 = 11.2 per labour hor
Job labour hors x rate = overhead applied
450 x 11.2 = 5,040
We will increase the work in process, because there is no information about the job being complete.
And we will use the factory overhead account to post the applied overhead
Answer: d. the Japanese firm will sell steel at a higher price abroad than at home.
Explanation:
Price elasticity measures the change in quantity demanded resulting from a change in price. The higher the price elasticity, the more the change.
In this scenario, the price elasticity is lower abroad than it is in Japan. The company will therefore charge a higher price abroad because they know that the quantity demanded will not change as much even if they raise prices. This is as opposed to Japan where the quantity demanded will change more if they increase prices.
Answer:
Option D, PROUD TRADITIONALISTS.
Explanation:
Environmental activism refers to the coming together of various group of individuals and organizations that work in collaboration in social, scientific, political, and conservational fields with the main purpose of addressing environmental concerns.
Proud traditionalists: have their environmental efforts focused on keeping home running efficiently and effectively. They are focused on family and hardwork and are moderately environmentally conscious.
Heather and Jeff are concerned about the environment because of the high cost of heating their home in winter therefore, the environmental activism segment that best describes Heather and her family is PROUD TRADITIONALISTS.
