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2 years ago

What is the answer Why is the slope of an indifference curve bowed inward to the origin?

Business

1 answer:

natali 33 [55]2 years ago

3 0

Answer:

Indifference curves have a roughly similar shape in two ways:

Explanation:

1) they are downward sloping from left to right; 2) they are convex with respect to the origin. The downward slope of the indifference curve means that Lilly must trade off less of one good to get more of the other, while holding utility constant.

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Giampanini Fashions hopes to gain a foothold in the Indian designer market. To achieve this objective, they convince ex-super mo

faltersainse [42]

Answer:

A) tactics

Explanation:

While a marketing strategy is the overall plan, marketing tactics are the actions required to carry out the strategy. In other words, the marketing strategy sets the goals, while the marketing tactics are the activities necessary to execute the strategy and achieve those goals.

6 0

3 years ago

Item Hare’s Net Book Value on the Date of Sale List Price of Same Item If New Appraiser’s Estimate of Fair Value Punch press $ 1

Zinaida [17]

Answer:

Punch Press - $12,502
Lathe - $3,908.52
Welder - $2,344.36

Explanation:

Cost will be allocated based on proportion of total Appraiser's estimate of fair value.

Total Appraisal Estimate = 16,000 + 5000 + 3,050

= $24,050

Total Purchase Price = Purchase price + Installation cost

=17,000 + 1,800

=$18,800

Punch Press

Punch Press proportion = $\frac{16,000}{24,050} * 100$

= 66.5%

Punch Press Cost = 66.5% * 18,800

= $12,502

Lathe

Lathe proportion = $\frac{5,000}{24,050} * 100$

= 20.79%

Punch Press Cost = 20.79% * 18,800

= $3,908.52

Welder

Welder proportion = $\frac{3,000}{24,050} * 100$

= 12.47%

Punch Press Cost = 12.47% * 18,800

= $2,344.36

Note; There are multiple variants of this question so be sure to check the figures to ensure it is the right one.

7 0

3 years ago

Managers should _______ in order to empower them, to lead for competence.

kaheart [24]

A is the answer to this question

7 0

3 years ago

On November 30, Year 1, Parlor, Inc. purchased for cash at $15 per share all 250,000 shares of the outstanding common stock of S

zepelin [54]

Answer:

$275,000

Explanation:

Goodwill in business combination arises when the price paid in acquiring a business exceeds the fair value of the acquired business net assets . The fair value is used rather than the carrying amount to ensure fairness and an unbiased result

<u>Workings</u>

Purchase consideration = 250,000*15 =3,750,000

Percentage acquired = 100%

Fair value of net asset = 3,000,000+400,000+75,000= 3,475,000

Goodwill = 3,750,000=3,475,000 =275,000

6 0

3 years ago

Graham, Inc.'s April bank statement shows an April 30 balance of $5,120. Prior to reconciliation, its books show a cash balance

Mars2501 [29]

Answer:

$5,570

Explanation:

The purpose of a bank reconciliation statement is to reconcile the difference between Cash Book balance and Bank Statement balance. Also it is used to check accuracy of Cash Book and the accuracy of Bank Statement.

Graham, Inc.'s April bank reconciliation statement is prepared as :

Graham, Inc.

Bank reconciliation statement as at April 30

Balance as per Bank Statement $5,120

Add outstanding lodgments $800

Add back error at the bank $115

Less unpresented checks ($465)

Balance as per Cash Book $5,570

therefore,

The reconciled cash balance at April 30 on the bank reconciliation should be $5,570.

4 0

3 years ago