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allsm [11]
2 years ago
14

Costs and benefits that should be ignored when making decisions are called ______ costs and benefits.

Business
2 answers:
miskamm [114]2 years ago
8 0

The first step in making a choice is to define the issue at hand. When making judgments, related costs and benefits should be evaluated. When making judgments, extraneous costs and advantages should be overlooked.

notsponge [240]2 years ago
7 0
The first step in making a choice is to define the issue at hand. When making judgments, related costs and benefits should be evaluated. When making judgments, extraneous costs and advantages should be overlooked.
You might be interested in
Rising unemployment levels tend to stifle demand for goods and services, which can have the effect of forcing prices downward is
Yuki888 [10]

Answer:

This is called deflation.

Explanation:

Deflation refers to the situation when there is a decline in the general price level, it causes the economy to slow down. It generally happens because of a reduction in the money supply.  

The nominal costs of goods and services, labor, capital, etc. decline. But the relative prices, generally remain the same. '

The decline in price is not good for everyone and adversely affects producers.  It is also harmful to borrowers. The decline in the price level increases the purchasing power of money.

5 0
3 years ago
The Upjohn Company first targeted men for its Rogaine topical solution, a drug to restore hair growth, but later marketed this p
gogolik [260]

Answer:

finding new users

Explanation:

Market modification refers to the mechanism whereby the companies try and increase the product life cycle by extending the same product to more users than before.

Market modification strategy may be carried out by increasing the usage i.e quantity of current product by the existing users, or by adding new users to the same product by making it suitable for more customers or by altering the product quality and it's packaging.

In the given case, the product which was initially targeted at men, providing solution to the problem of hair loss, was later marketed to women too. So in this case, the company basically specified i.e informed the customers that it is not specific to a particular gender as the problem is common to all and anybody who seeks remedy to the problem, can use the product.

Thereby, the company found new users in the form of women, to whom such products can be extended and sold.

6 0
3 years ago
You want to have $18,000 in 9 years for a dream vacation. If you can earn an interest rate of .5 percent per month, how much wil
stiks02 [169]

Answer:

$10,503.59

Explanation:

This question requires us to find how much you have to deposit today if:

Fv = 18,000

Time = 9 years

PV= fv/(1 + i)^n

N = 9 X 12 = 108

I/y = 0.5%

PV = $18,000 / 1.005^108

= $10,503.59

Therefore what you have to deposit today is $10,503.59

5 0
3 years ago
Journalize the following transactions, using the direct write-off method of accounting for uncollectible receivables:
Nutka1998 [239]

Answer:

Mar. 17

Dr Cash $275

Dr Allowance for uncollectible accounts $1,000

Cr Accounts receivables $1,275

July 29

Dr Accounts receivables $1,000

Cr Bad Debts expense $1,000

Dr Cash $1,000

Cr Accounts receivables $1,000

Explanation:

Preparation of the journal entries using the direct write-off method of accounting for uncollectible receivables

Mar. 17

Dr Cash $275

Dr Allowance for uncollectible accounts $1,000

Cr Accounts receivables $1,275

($275+$1,000)

July 29

Dr Accounts receivables $1,000

Cr Bad Debts expense $1,000

Dr Cash $1,000

Cr Accounts receivables $1,000

6 0
3 years ago
The primary purpose of a special occasion speech is to convey information to an audience.
Hunter-Best [27]

Answer:

The answer is FALSE

Explanation:

It is certainly false that the primary purpose of a special occasion speech is to convey the information to the audience. A graduation address and a toast at a wedding are the two instances of speeches for special occasions.  

One noteworthy motivation behind a special occasion speech is to concentrate consideration on the individual that is being tended to.  

All the more explicitly, a special occasion speech may present a speaker, engage a group of people, or rouse individuals. Another expression for stylized speech is special occasion speech, a speech that pays special honors to an occasion, phenomenal individual, occasion, event idea, or monument.

7 0
4 years ago
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