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2 years ago

7. Choose if the product is a Good, a Service, or Both.

Business

1 answer:

Papessa [141]2 years ago

5 0

Answer:

1 buying a bicycle it's a good

2 getting a back message it's a service

3 getting the plumbing fixed in your house it's a service

4 use of a smartphone app it's a service

5 buying a new Ac unit for your house it's a service

6 buying a hamburger it's a good

7 getting your taxes completed by a tax firm it's both

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manufacturing costs for August when production was 1,000 units appear below: Direct material $12 per unit Direct labor $7,500 Va

avanturin [10]

Answer:

Total manufacturing Cost $42,250

Explanation:

The computation of the flexible budget manufacturing cost amount for a month when 900 units are produced is given below:

No. of units Produced 900 units

Direct material at $12 per unit $10,800

Direct labor (($7,500 ÷1,000) × 900) $6,750

Variable Overhead ($6,000 ÷ 1000) × 900 $5,400

Factory depreciation $9,000

Factory Supervisory salary $7,800

other fixed factory cost $2,500

Total manufacturing Cost $42,250

7 0

2 years ago

A corporation, like a(n)_______, may file suit or _______, or may form a contract or breach a contract.

eimsori [14]

A corporation, like an, can enter into contracts, be sued, sue another party, and launch lawsuits against other parties.

Simply put, to file a lawsuit is to complete and submit documents to a court, either independently or with the aid of an attorney, requesting for the lawsuit to move forward. In order to obtain compensation for "damages" that have been experienced as a result of negligence, the person is suing another person or an entity, or both.

The person or entity being sued is frequently referred to as the defendant, whereas the person or entity being sued is frequently referred to as the plaintiff.

To learn more about file suit, refer to:

brainly.com/question/28020083

#SPJ4

8 0

1 year ago

A country’s real gdp rose from 500 to 550 while its nominal gdp rose from 600 to 770. what was this country’s inflation rate?

Gennadij [26K]

<span>The inflation rate is 16.67%. To find this, we first need to compute the GDP deflator for each year and then we need to calculate the percent change in the GDP deflator. The GDP deflator is given by GDPdef=(nominal GDP/Real GDP)*100. For the first year, the GDP deflator is 120. For the second year it is 140. Percent change is given by [(new value - old value)/old value]*100. Plugging in 140 for the new value and and 120 for the old value, we see get that the percent change is 16.6667. Thus the inflation rate is approximately 16.67%.</span>

5 0

3 years ago

The additional dining space will occupy space next to Olaf’s that was recently rented to a tenant. By claiming the space for the

Illusion [34]

Answer:

$12,146

Explanation:

The computation of present value of this opportunity cost is shown below:-

Net After tax Operating Profit Per month = Rent space per month × Profit margin on the renting the space percentage

= $1,000 × 30%

= $300

Project is for 4 Years

Total months = 4 × 12

= 48 Months

Interest Rate Per month = 9% ÷ 12

= 0.75%

As per the question the Rent is Received at the start of the month

So Present Value of this opportunity cost = $300 (1 + PVAF (0.75%,47))

= $300 × ( 1 + 39.486)

= $12,145.85

= $12,146

3 0

3 years ago

Suppose, at a given federal funds rate, there is an excess supply of reserves in the federal funds market. If the Fed wants the

astraxan [27]

Answer:

B) sale; decrease

If the Fed wants the federal funds rate to stay at that level, then it should undertake an open market <u>SALE</u> of bonds, everything else held constant. If the Fed does nothing, however, the federal funds rate will <u>DECREASE</u>.

Explanation:

The federal funds rate is the rate at which banks make overnight loans to other banks or financial institutions. If the supply of money is too high, then the interest rates will start to decrease.

Money is like any other good, and its price is determined by the supply and demand. The higher the supply, the lower the equilibrium price. The equilibrium price of money is the interest rate.

If the Fed wants to avoid the decrease in the interest rate, it must absorb excess supply of money, and the only way it can do it is by selling bonds.

3 0

2 years ago