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3 years ago

Total cost of purchasing a vehicle

Business

1 answer:

den301095 [7]3 years ago

8 0

Answer:

The cost is totally unique to each car model and brand. I would say the average car costs around $30,000 - $40,000. It's important that you are able to afford and fully pay for the car, wether in full, or by a monthly plan. It really is subjective to the individual and their price range and budget.

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Are savings rate and the long term growth rate positively related?

inna [77]

I had that same question look on my profile

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3 years ago

When buyers refuse to pay a product’s stated price or when improvements in other items or fashion changes reduce the appeal of t

hoa [83]

Reduction in the price. If they do not reduce the price, then people will not buy the product, and they will be left with too many of the same products.

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3 years ago

The long-run elasticity of supply in most industries is ___________ than the short-run elasticity because in the long run,

Naily [24]

Answer:

The correct answer is option b.

Explanation:

The elasticity of supply for a good is generally higher in the long run as compared to the short run. This is because a firm is able to expand its production more in the long run.

In the long run, all the factors are variable, so production can be increased to a greater extent. In the short run, a firm can increase only the quantity of labor employed to increase production.

Also, firms cannot enter an industry in the short run but they can in the long run. This implies that the overall production in the industry can be increased more in the long run.

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3 years ago

With ________ products and services, a higher price might lead to a greater quantity sold, but only up to a certain point.

blsea [12.9K]

With prestige products and services, a higher price might lead to a greater quantity sold, but only up to a certain point.

A product is something that can be supplied to a market in order to satiate a customer's need or desire. In case of marketing, a product is an item or service which is made accessible for consumer utility in response to their demand. Products are also sometimes found in form of merchandise in the retail sector, or they are purchased as raw materials and then made into finished things in the manufacturing sector. The most common types of commodities are basic materials which includes metals or agricultural goods, but can also include anything that is readily available in the open market.

Learn more about products here:

brainly.com/question/22852400

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2 years ago

40. The Battaglia Co. produces lounge chairs. At a budgeted amount of 10,000 lounge chairs the manufacturing overhead is $50,000

bija089 [108]

Answer:

C. $4,500 favorable

Explanation:

Spending Variance is the difference between the actual and estimated value of the expense. In this question we need to calculate the variance of total manufacturing overhead.

Variable

Actual Variable cost = $60,500

Manufacturing overhead application rate = Budgeted overhead / Budgeted units = $50,000 / 10,000 units = $5 per unit

Applied Overhead = Actual production x application rate = 11,000 units x $5 = $55,000

Variance = $60,500 - $55,000 = $5,500 unfavorable

Fixed

Actual fixed overhead = $125,000

Budgeted Fixed overhead = $135,000

Variance = $135,000 - $125,000 = $10,000 Favorable

Total Variance = Variance of variable manufacturing overhead cost + Variance of fixed manufacturing overhead cost

Total Variance = $10,000 Favorable - $5,500 unfavorable

Total Variance = $4,500 Favorable

4 0

3 years ago