Answer:
The correct answer is E
Explanation:
Marketing is the procedure or the process of interesting the potential customers or consumers as well as the clients in products or services. In short, it is the procedure which involves distributing, promoting, selling and researching the services or the products.
Therefore, the marketing is the set of institutions, activity and the processes for communicating, delivering and creating that value for the clients, society and customers at huge.
Writ of Certiorari: a document that orders a lower court to deliver its record in a case so that the higher court may review it.
Purchases = Sales units + Closing inventory - Beginning Inventory
= 7,400 + (2,400 * 120%) - 2,400
= 7,800 units
Answer:
D. Net Accounts Receivable will be understated
Explanation:
Answer:
b) Nothing, because you are already minimizing cost
Explanation:
cost of producing one additional unit by hiring more workers = $10 / 50 units = $0.20 per unit
cost of producing one additional unit by buying the machine = $200 / 1,000 units = $0.20 per unit
Since labor exhibits a diminishing return, the next unit of labor will produce less than 50 units. This means that if you want to increase production, you should buy the machine.
Using the same logic, the previous units of labor were able to produce more than 50 units, which means that the average total cost was lower using labor than the machine. So if the company's concern is to minimize costs, then they are already doing so.