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2 years ago

What happens when products and resources become less available

1 answer:

6 0

When a product is scarce, consumers are faced with conducting their own cost-benefit analysis; a product in high demand but low supply will likely be expensive. ... This means that a consumer should only purchase the product if they see a greater benefit from having the product than the cost associated with obtaining it.

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What should the manager know about foodservice equipment safety?

Jet001 [13]

Your answer is B, If approved by the NSF, it will have a mark to indicate that endorsement.

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3 years ago

The following information is available for Splish Brothers Corp. for the year ended December 31, 2022. Other revenues and gains

Readme [11.4K]

Answer:

Net Income 195,300

Explanation:

The question is to prepare a multi-step income statement

Splish Brothres Corp

Income Statement for the year ended December 31, 2022

Particulars/Description Amount ($) Amount ($)

Sales Calculation

Sales Revenue 747,000

Subtract:

Sales Returns 9,000

Sales discounts 3,200 (12,200)

Net Sales 734,800

Cost of Goods sold (283,000)

Gross Profit 451,800

Operating Expenses (210,000)

Operational Income 241,800

Other gains and revenue 21,800

Other Expenses and losses (3,200) 18,600

Income before Income Taxes 260,400

Income tax expense (25% x 260,400) (65,100)

Net Income 195,300

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3 years ago

what is an everyday example of scarcity that demonstrates why scarcity is a basic economic problem that faces society?

zhannawk [14.2K]

of every day scarcity could it be how the desert doesn't really have water so the desert has a scarcity of water scarcity is a basic economic problem that Society faces because the world sometimes runs out of things that we need so certain people have to make loopholes to get to get around them another example is how during the coronavirus we had a scarcity of sanitizer Clorox wipes bleach and toilet paper

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3 years ago

Persuasive messages convince someone to accept a product, service, or idea. To persuade effectively, the sender of the message m

STatiana [176]

Answer:

Persuasive messages convince someone to accept a product, service, or idea.

Explanation:

A persuasive message starts with highlighting the customers greatest benefit. It can be boldly displayed on the heading or opening statement in a marketing conversation.

A persuasive message occurs when a person attempts to convince an individual or group to take certain specific actions•

In a business environment, the two types of persuasive messages are sales and marketing, which are utilized to convert intention to effective demand which translates into retained customers.

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3 years ago

Read 2 more answers

If the liabilities of a business increased $75,000 during a period of time and the equity in the business decreased $30,000 duri

laiz [17]

Answer:

Increased $45,000

Explanation:

Calculation for what the assets of the business must have

Using this formula

Change in Assets = Change in Liabilities + Change in Owner's Equity

Where,

Change in Liabilities =$75,000

Change in Owner's Equity=$30,000

Let plug in the formula

Change in Assets = $75,000 + ($30,000)

Change in Assets= $45,000 Increased

Therefore what the assets of the business must have will be $45,000 Increased

7 0

3 years ago