Hi there! The answer is 7%
The price of the book is $ 22.
Santino bought it for $ 23.54.
Therefore, the amount of tax is $ 1.54
Now we can find the sales tax rate by using the following formula:
Filling in gives:
Answer:
gain surplus from paying a lower price
Explanation:
An effective price ceiling will cause consumers to "gain surplus from paying a lower price."
This is based on the idea that an effective price ceiling usually leads to prices being below the equilibrium price or equates to a lower price.
At this point, the buyers demand more of the products, while the sellers have a lower incentive to produce more. And therefore, the quantity demanded will exceed the quantity supplied.
Hence, consumers gain excess (more demands) by paying a lower price.
Answer:
A) Raw materials used
B) Raw materials beginning inventory
C) Raw materials purchases
Explanation:
When we are calculating the cost of goods sold, we must calculate total direct materials used + total direct labor + overhead overhead costs applied.
To calculate how much direct (raw and intermediate) materials are used, we start with our beginning inventory of (raw and intermediate) materials + purchases of (raw and intermediate) materials - ending inventory of raw materials - indirect materials used.
Some industries only calculate raw materials used, but others might include intermediate components in the equation.
When evaluating advertising results, the Attitudinal measure technique can be used to measure consumers' beliefs or feelings about a product before and after exposure to the ad.
<h3>What are Pre-testing and post-testing in advertising?</h3>
Pre-testing and Post-testing. Pretesting is testing the advertisement before running it so that the likelihood of preparing the most effective ads, by allowing an opportunity to detect and eliminate weaknesses or flaws increases. Post-testing is done after the advertisement is run on the media.
Advertising Research – 4 Important Types: Product Appeal, Advertising Message, Advertising Media Selection, and Advertising Effectiveness Research.
To learn more about post-testing visit the link
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If carrie's company manufactures household appliances under the brand names best baker and crafty cook, as well as cleaning supplies under the names refresh and mrs. patton's cleaning supplies. this description details carrie's company's product mix.
<h3>What is product mix?</h3>
A product mix can be defined as the amount of products that are related that a company produced or manufactured under the same company brand.
Most companies tend to make use of product mix by producing items that are similar using the same company brand name for all their items just as in the given scenario in which the company produces or manufactures best baker and crafty cook under the same brand names.
One of the advantage of making use of product mix is that it enables companies to easily get to their customers.
Therefore we can cocnclude that the scenario best illustrate an example of product mix.
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