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OverLord2011 [107]
3 years ago
5

_________ is the incremental cost of wear and tear on an asset.

Business
2 answers:
bogdanovich [222]3 years ago
6 0

The correct answer is DEPRECIATION.

Depreciation is defined as the incremental cost of wear and tear on an asset.

Depreciation is an accounting concept that allows a business or individual to allocate the cost of a capital item over the useful life of the item.

valkas [14]3 years ago
3 0

Hello

Depreciation is the incremental cost of wear and tear on an asset.

Thanks

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The aggregate demand curve shows a ________ relationship between ________ and aggregate output ________.
dezoksy [38]
Why should i ever care just kidding 
6 0
3 years ago
Identify a few examples of incentives that someone might encounter in his or her daily life. Instructions: In order to receive f
spin [16.1K]

Answer:

  • Receiving five cents for recycling glass bottles
  • Parking fines for illegal parking
  • Tax breaks for 401(k) retirement contributions checked

Explanation:

Recycling is good for the environment and also means companies spending less because they wouldn't have to reproduce the recycle material from scratch. Paying a person money for recycling the glass bottles is an incentive that is meant to encourage them to do it more.

Not all incentives are positive however. Some are negative and aimed at reducing a behavior. Fining people for illegal parking is an example as the logic is that the offending party will think of the fines the next time they want to park illegally and refrain from it.

Offering tax breaks to a person in order to get them to save is an incentive because they are being offered to keep more of their money if they save more.

4 0
3 years ago
The five generic types of competitive strategies include
zepelin [54]

Answer:

The correct answer is B) low-cost provider strategies, broad differentiation strategies, best-cost provider strategies.

Explanation:

A competitive advantage allows one company to produce or sell goods more effectively than another company. For that reason, entrepreneurs always try to develop competitive strategies that help them maintain that advantage.

According to researcher researcher Michael E. Porter, there are at least four types of competitive strategies: differentiation, cost leader, low cost approach, and low cost differentiation. Each entrepreneur can use one of these standard strategies or develop his own strategy since flexibility is an important characteristic of competitive strategies, although the reality is that most companies use one of these four generic strategies.

5 0
3 years ago
Quinn has landed a management position with a pioneering new small business after many years of working as a regional manager fo
dalvyx [7]

Answer: b.the principles of management are much the same at large and small firms.

Explanation:

Quinn will find that Management Principles do not discriminate against different sizes of firms and that the principles that work in one size can work across ALL sizes.

She will find that the same Principles that helped her in her big NGO will help her JUST AS WELL in this small but pioneering business.

4 0
3 years ago
Consider the elements of cost in Geordie Ltd, namely, the cost of a product, the cost of direct labour and the cost of non-labou
tangare [24]

Answer:

$73.58

Explanation:

Total cost of product = $120

Total cost of product = Cost of material + Direct labor + Overhead

Cost of material = (3 * direct labor) - $6

Overhead = ¾ of Direct labor

Total cost of product = 3DL - $6 + DL + ¾ of DL

$120 = 3DL - $6 + DL + 0.75 DL

$126 = 4.75 DL

Direct Labor = 126/4.75

Direct Labor = $26.53

 

Material cost = 3 * $26.53 - $6

Material cost = $73.58

3 0
3 years ago
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