Marketing to people based on their lifestyle is called

A firm uses the chase strategy of aggregate planning. It produced 1000 units in the last period. Demand in the next period is es

Maksim231197 [3]

Option E is correct.

Explanation:

Case strategy focuses on to produce only such amount of goods that is ordered by the customers. In the chase strategy of aggregate planning, demand and capacity are matched for every period, one by one. In the given problem, since the firm is using the chase strategy, it would first match demand and capacity for the next period.

Since the demand for the next period is 1100 units, and the firm produced 1000 units in the last period, it would require more workers to cater to the additional requirement of 100 units.

By hiring workers, the firm would be able to match the demand and supply for the next period.

4 0

3 years ago

Price Reading Quiz QUESTION 3 of 10: is the total revenue of a business less all expenses over a period of time. Oa) Profit O b)

ollegr [7]

Answer:

Profit

Explanation:

Profit is the monetary or financial gain by a business when its revenues exceed costs. Revenue is the income a company gets through selling its goods and services. Costs are the expenses incurred in making goods and services for sale.

If the revenues are more than the costs, a business will make profits. But if the costs are more, the company will suffer losses.

8 0

3 years ago

Indicate whether a debit or credit decreases the normal balance of each of the following accounts.

Alinara [238K]

Answer:

__________________Increase ___Decrease ___ Normal balance

a. Postage Expense__ Debit ______ Credit ______ Debit

b. Utilities Payable___ Credit ______Debit _______Credit

c. Prepaid Insurance__Debit ______ Credit ______ Debit

d. Janitorial Expense __Debit ______Credit ______ Debit

e. Advertising Expense Debit ______Credit ______ Debit

f. Rent Payable______ Credit ______Debit _______Credit

g. Prepaid Parking ____Debit ______ Credit ______ Debit

h. Fuel Expense ______Debit ______Credit ______ Debit

i. Accounts Receivable _Debit ______Credit ______ Debit

j. Service Revenue____Credit ______ Debit _______Credit

k. Unearned Revenue_ Credit ______ Debit _______Credit

l. Warehouse________ Debit ______ Credit _______ Debit

Explanation:

Debit Balance

All the Assets and Expense has the Normal debit balance that is increased by the debit entry and decreased by the credit entry.

The followings are the account with debit balances.

Expenses

a. Postage Expense

d. Janitorial Expense

e. Advertising Expense

h. Fuel Expense

Assets

c. Prepaid Insurance

g. Prepaid Parking

i. Accounts Receivable

l. Warehouse

Credit Balance

All the Revenue, Liabilities, and Equity accounts have the Normal credit balance that is increased by the credit entry and decreased by the debit entry.

The followings are the account with credit balances.

Liabilities

b. Utilities Payable

f. Rent Payable

k. Unearned Revenue

Revenue

j. Service Revenue

7 0

3 years ago

question content areause this information for pierce company to answer the following question.on may 1, pierce company purchased

Marina86 [1]

On May 1, Pierce Company purchased $60,000 of Stanton Company's 12% bonds at 100 plus accrued interest of $2,400. On June 30, Pierce received its first semiannual interest. On February 1, Pierce sold $50,000 of the bonds at 103 plus accrued interest.

The journal entry Pierce will record on February 1 will include the total proceeds from the February 1 sale credit to Gain on Sale of Investments for $1,500

(this would also include a

Dr: Cash for $51,500

Cr: Investment-Stanton Company for $50,000)

Interest is the monetary fee for the privilege of borrowing money, usually expressed as an annual rate (APR). Interest is the amount a lender or financial institution receives for lending money.

In finance and economics, interest is a payment made by a borrower or deposit-taking financial institution to a lender or depositor in excess of the repayment of principal at a specified rate. It is different from a fee that a borrower can pay to a lender or a third party. Interest is usually given as an annual percentage of the loan amount. This percentage is called the interest rate on the loan. For example, if you deposit money in a savings account, the bank will pay you interest. Banks pay you to hold your money and use it to invest in other transactions.

Learn more about interest here

brainly.com/question/25793394

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5 0

2 years ago

Consider a market where: Consumer surplus is 250 Producer surplus is 125. If both consumer surplus and producer surplus are ma

mario62 [17]

Answer:

A. Deadweight loss = 125 units.

B. Deadweight loss = 25 units.

Explanation:

In a free market and completely efficient economy, the consumer surplus equals the producer surplus. Both benefits of free trade. When consumers o producers have a minor surplus, necessarily implies a loss on eficiency, usually caused by government regulations like taxes or price ceilings.

The amount of welfare lost is measure by the difference between consumer and producer surplus.

In the first case:

|Consumer surplus - producer surplus| = 25 units

|250- 125| = 125 units

And in the second case:

|180- 155| = 25 units

5 0

3 years ago