Answer:
An example of a cost that is likely to have a direct relationship with products being manufactured is:
direct cost of raw materials.
Explanation:
Other direct costs that affect the cost of the products directly are direct labor costs and direct overhead costs. They are traceable to the products being manufactured. This is why they are called direct costs. They can be attributed to the unit of production. The opposite is the indirect costs of raw materials, labor, and overheads. These costs cannot be traced to units of the product being produced.
Answer:
Option b: Increase profits by shifting the demand curve for the product to the right
Explanation:
Marketing is simply all the activities necessary for a firm to sell a product to a consumer. Firm engages in marketing to make their brand or product known.
Advertising has a whole lot of effect in the society at large. There are economic effect, social effect and others.
effects of advertising on the prices of goods and service includes exerting an upward pressure on prices that is the Cost of advertising is passed along to consumers and Advertising makes us less price sensitive) and exerting a downward pressure on prices may lead to economies of scale and Lowers the cost of sales.
Social Effects of Advertising is that it is manipulative and promotes unnecessary consumption,Advertising makes us more intelligent consumers and promotes worthwhile social causes.
When an organization produces only a single product or service and attempts to sell it to two or more market segments. It avoids the extra costs of developing and producing additional versions of the product.
For better understanding, lets explain the term
- Market segmentation is simply known as the act of gathering or aggregating known buyers into groups that have common needs and will respond almost the same to a marketing action.
- Organization that makes only a single product or service do try to avoids any extra costs that may arise because they want to focus on just one thing
From the above, we can therefore say that the answer When an organization produces only a single product or service and attempts to sell it to two or more market segments. It avoids tahe extra costs of developing and producing additional versions of the product.
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Answer: a
Explanation:
The interest rate is the amount a lender charges for the use of assets expressed as a percentage of the principal. The interest rate is a rate of return that lenders demand for the ability to borrow their money. A loan that is considered high risk will have a higher interest rate. Interest rates are prices for loanable funds prices of funds invested, lent out or borrowed for various periods of time.
The supplier or lender of funds normally wants to earn an income and the user or borrower will generally be prepared to pay for the right to use the accumulated funds.
Interest rates apply to most lending or borrowing transactions. Individuals borrow money to purchase homes, fund projects, launch or fund businesses, or pay for college tuition.
The most logical answer to me would be A, however I recommend you don’t go with my answer JUST YET because this is an educational guess. Take time to think about my answer. Sorry if it’s wrong