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2 years ago

10

you hear about an economy with no change in the number of workers or capital. yet, production increases. what idea does this ill

ustrate?

1 answer:

olasank [31]2 years ago

8 0

Answer:

It might be because of an increase in efficiency in the workforce or advances in technology. Hope it helps :)

Explanation:

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Although not recommended, some marketers decide to ignore market segmentation and target the whole market with one offer. this i

vodka [1.7K]

The description above is trying to define the undifferentiated marketing strategy as this strategy focuses more on things that will appear to the people, what will make people more attracted and feel more appealed on what they are selling or trying to promote in which they try to ignore the market segmentation. The undifferentiated marketing strategy focuses more on the whole market with just one offer and they tend to use more marketing strategies that will be of beneficial to them in terms of attracting the consumers for this is their main goal and what they focus more when this marketing strategy is being used in the business or marketing field.

7 0

2 years ago

Russell Preston delivers parts for several local auto parts stores. He charges clients $1.30 per mile driven. Russell has determ

Lapatulllka [165]

Answer:

A. Determine how many miles Russell needs to drive to break even?

break even formula = total fixed costs / contribution margin

total fixed costs = $1,220
contribution margin = $1.30 - $0.29 = $1.01

break even formula = $1,220 / $1.01 = 1,207.9 ≈ 1,208 miles

B. Assume Russell drove 2,500 miles last month. Without making any additional calculations, determine whether he earned a profit or a loss last month.

if he drove 2,500 he made a profit because it is more than the break even point.

C. Determine how many miles Russell must drive to earn $2,135.00 in profit.

($1,220 + $2,135) / $1.01 = 3,321.7 ≈ 3,322 miles

D. Prepare a contribution margin income statement assuming Russell drove 2,500 miles last month.

total revenue $3,250

<u>- variable costs ($725)</u>

contribution margin $2,525

<u>- fixed costs ($1,220)</u>

net income $1,305

E. Use the above information to calculate Russell’s degree of operating leverage.

Degree of operating leverage = contribution margin / operating income = $2,525 / $3,250 = 0.7769 or 77.69%

8 0

2 years ago

Celeste's accountant fails to prepare her tax returns accurately, and Celeste is charged penalties and interest by the Internal

Gre4nikov [31]

Answer:

Option D. The accountant was a member of a professional organization.

Explanation:

The reason is that for a successful claim under the negligence act, the claimant have to prove following three things:

Duty of care existed between the relation
She has suffered economic harm &
The harm was proximately caused by the accountant's breach of the duty of care.

So the accountant's membership is not a valid requirement under the negligence act for a successful claim.

4 0

2 years ago

One investigating company tracked all credit card purchase during 2012 and measured two variables: (1) the type of credit card u

Sergeeva-Olga [200]

The level of each variable measured is (1) the type of credit card is Nominal variable or a categorical variable which comes under multiple categories.(2) the amount (in dollars) of each purchase is ration variable it can have both discrete it starts at a fixed zero point.

Explanation:

There are four levels of measurement, while analyzing data of columns.
Nominal,Ordinal, Interval and ratio.
Nominal each row of that particular column has specific identification.
Nominal can have classification race,gender,ethnicity.
Ordinal data is based on the ranking system, order or list.
Numbers are still used arbitrary.
Interval distance between the numbers Celsius,Fahrenheit and kelvin.
Ratio data has an absolute zero point non-arbitrary, It is measuring .
Blood pressure is a common example of ratio data.

3 0

2 years ago

What accounting method should hariette choose when she runs the profit and loss report?

Zinaida [17]

Hariette should choose cash basis of accounting when she runs the profit and loss report. A company's reporting guidelines and practices for revenues and expenses make up its accounting method. Cash accounting and accrual accounting are the two primary accounting techniques.

Revenues and costs are recorded in cash accounting when they are received and paid. There are three different accounting methods: modified cash basis, cash basis, and accrual basis. Let's briefly review the fundamentals before we discuss which types of firms use certain accounting techniques.

If you only consider popularity, accrual accounting comes out on top since it is both the most popular and the most accurate techniques.

To learn more about accounting, click here.

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4 0

1 year ago