Answer:
objections
Explanation:
salespeople should
know the product's benefits
making a presentation around what the customer wants
gathering customer reviews
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Answer:
-$13 million
Explanation:
Given that,
Budget surplus by the end of 2013 = $286 million
Budget deficit in 2014 = $425 million
Budget surplus in 2015 = $100 million
Budget deficit or surplus in 2016 is unknown.
National debt at the end of 2016 = $52 million
National Budget surplus/ deficit at the end of year 2015:
= Budget balance of 2013 + Budget balance of 2014 + Budget balance of 2015
= $286 million + (-$425 million) + $100 million
= -$39 million
So the government will fund this deficit by taking debt of $39 million.
National debt at the end of 2016 = Total debt till 2015 + Surplus/deficit for year 2016
-$52 million = (-$39 million) + Surplus/deficit for year 2016
- $52 million + $39 million = Surplus/deficit for year 2016
-$13 million = Surplus/deficit for year 2016
This is budget deficit of $13 million because debt increased by 13 million in 2016.
Answer:
The answer is B. Increasing
Explanation:
An increasing-cost industry is an industry whose costs for production increase as more companies compete.
Why is this so? - This is because each new company in the industry increases its demand for supplies and factors needed for production.
A decreasing‐cost industry is one where costs of production reduces as the industry expands.
Banks provide loans from people's savings to business firms which is used to expand the production by establishing new factories. This results to faster productivity growth since an increase in production capacities causes a corresponding increase in per capita production. Increased productivity is enjoyed by workers, entrepreneurs and all households. Therefore, the society does not get a free handout because when people are saving money there is a trade off which is an economic advantage to the society. Saving for the future by people in a a given community or society helps the economy and improves productivity.
Answer:
(a) 10,625 units
(b) 8,500 units
Explanation:
(a) Contribution Per unit:
= Selling price - Variable cost
= $25 - $17
= $8
Current break-even sales (in units):
= Total Fixed costs ÷ Contribution Per unit
= $85,000 ÷ $8
= 10,625 units
(b) Assuming selling price per unit = $27
Contribution Per unit:
= Selling price - Variable cost
= $27 - $17
= $10
Anticipated break-even sales (in units):
= Total Fixed costs ÷ Contribution Per unit
= $85,000 ÷ $10
= 8,500 units