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Alex_Xolod [135]
3 years ago
7

Suppose Larry's Lariats produces lassos in a factory, and uses nine feet of rope to make each lasso. The rope is put into a mach

ine that automatically cuts it to the right length, then seals the ends to prevent fraying. The rope is then hand tied, dipped, and wound before being placed in a packaging machine to prepare it for retail sale. Which of the following would be considered a fixed cost for this company?
A. Employee wages
B. The rope-cutting machine
C. The cost of the factory
D. All of these expenses would be included in variable costs.
Business
1 answer:
r-ruslan [8.4K]3 years ago
5 0

Answer: The cost of the factory and The rope-cutting machine.

Explanation:

A fixed costs is a type of cost that does not depend on the production level. It does not vary with the amount oof goods or services that are produced by the company.

In this case, the cost of the factory is the fixed cost as it won't vary with the production level. Also, the rope cutting machine is s fixed cost. The employee wages is a variable cost as the.wages received will depend on the amount of goods produced.

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Kim Jordan says that she believes that "to whom much is given, much is expected." This statement speaks of her personal convicti
Marrrta [24]

Answer:

Instrumental values.

Explanation:

The two types of values that exist are terminal values and instrumental values. Terminal values are the ones people consider of the greatest importance and desire the most. These consist of goals sought after by individuals during their whole life, such as happiness, recognition, professional success, and more. On the other hand, instrumental values relate to beliefs about what are right means to fulfilling the terminal values, such as honesty, sincerity, ethics, etc. These values have more relation to the characteristics of their personality and character.

6 0
3 years ago
Name the four major categories of primary energy use in an industrial society, and match the energy sources that correspond to e
Fittoniya [83]

Four major categories of Primary energy use are:

1. Transportation

2. Industrial Process

3. Commercial and residential use

4. Generation of electrical power

Transportation depends entirely on petroleum, whereas nuclear power, coal, and water power are limited to the production of electricity. Electricity is in most commercial and residential use. Industrial processes use natural gas, oil, and electricity. Some oil, natural gas and biomass are used for the generation of electricity.

6 0
3 years ago
All of the following are required resources for differentiation except: Strong marketing capability. Corporate reputation for qu
zimovet [89]

Answer:

For comprehension purpose, I would attach options to the question:

All of the following are required resources for differentiation except:

A. Strong marketing capability B. Corporate reputation for quality. C. Product engineering. D. Intense supervision of labor.

The correct answer is Option D (Intense supervision of labor)

Explanation:

The differentiation asked in the question above is product differentiation.

Product differentiation, in Economics, talks about the efficient way a producer or seller of a product makes it unique in the market thereby creating an edge between the product and other similar ones or other products.

So, strong marketing capability exposes the strength and uniqueness of the product to prospective buyers which in turn brings sales.

Corporate reputation and product engineering are a strong boost in sales, as reputable companies and the physical appearance of a product tend to get easy acceptance in the market. While Intense supervision of labor may increase the efficiency of production but it is not to be considered as a resource for differentiation.

8 0
3 years ago
The Up and Coming Corporation's common stock has a beta of 0.92. If the risk-free rate is 0.01 and the expected return on the ma
SIZIF [17.4K]

Answer:

The company's cost of equity capital is 0.056

Explanation:

cost of equity capital

= risk free rate + beta*(expected return on market - risk free rate)

= 0.01 + 0.92*(0.06 - 0.01)

= 0.056

Therefore, The company's cost of equity capital is 0.056

3 0
3 years ago
Mich Inc., a hardware store, has a rating system in place that rates employees on their friendliness, usefulness, and product kn
makvit [3.9K]

Answer:

Customer-focused compensation strategy

Explanation:

Customer-focused compensation strategy is the rating system where the employees are rated based on the way customers are being serviced. In this scenario, Mich Inc. is rating its employees on their friendliness, usefulness, and product knowledge, so the compensation strategy followed by Mich is closely described as a customer-focused strategy.

7 0
3 years ago
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