An understanding of the best ways to produce goods and services is called:.
Answers
The term that describes an understanding of the best ways to produce goods and services is "efficiency." Efficiency is the capability to complete a job using minimal resources while maintaining quality standards.
When a business operates efficiently, it is capable of producing more goods and services in a shorter amount of time while keeping expenses to a minimum. Efficiency is critical to business operations since it allows firms to generate additional revenue while reducing expenses. This strategy enables a company to remain competitive by offering competitive prices while maintaining profitability. For example, if a company determines that it is more efficient to produce a product using automatic machinery rather than manual labor, it may invest in the automated machinery to decrease production expenses while increasing productivity. In this case, the firm recognizes that the automated machinery is a better way to manufacture products since it lowers production expenses while maintaining quality standards.
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Related Questions
Limited Liability Companies. John, Lesa, and Trevor form a limited liability company. John contributes 60 percent of the capital, and Lesa and Trevor each contribute 20 percent. Nothing is decided about how profits will be divided. John assumes that he will be entitled to 60 percent of the profits, in accordance with his contribution. Lesa and Trevor, however, assume that the profits will be divided equally. A dispute over the profits arises, and ultimately a court has to decide the issue. What law will the court apply? In most states, what will result? How could this dispute have been avoided in the first place? Discuss fully
Answers
1.The court will likely apply the default rules established by the state's LLC statute in the absence of a specific agreement between the members.
2.In most states, the court will likely rule in favor of Lesa and Trevor's assumption that profits will be divided equally, as this is the default rule in the absence of a specific agreement.
3.To avoid this dispute in the first place, the members should have created a comprehensive operating agreement that addresses how profits will be divided among the members.
1.These default rules typically provide that profits are distributed equally among the members regardless of their capital contributions, unless the operating agreement provides otherwise.
2.John's assumption that he will be entitled to 60% of the profits based on his capital contribution will not hold up unless there is a provision in the operating agreement that specifically provides for such a distribution.
3. The operating agreement should have been drafted with the assistance of an attorney to ensure that it is legally binding and enforceable. The agreement should have explicitly stated how profits will be distributed among the members, taking into account their capital contributions, as well as any other factors that the members deem relevant.
By creating a well-drafted operating agreement, the members could have avoided the uncertainty and expense of litigation, and they could have ensured that their respective rights and obligations were clearly defined. The operating agreement could have also provided for dispute resolution mechanisms, such as mediation or arbitration, to address any future disputes that may arise among the members.
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In an advertisement, a statement by a user about the benefits he or she received is called a _____.
A.testimonial
B.storyboard
C.unique selling proposition
D.visual element
Answers
Answer:
A. Testimonial
Explanation:
A testimonial typically refers to the the experience a person has with the product or service. It usually contains positives, but also can have negatives as well.
~
Answer:
Testimonial
Explanation:
Question #5
Multiple Choice
include businesses that buy products or services from another business to help produce products or services for their own
business to sell.
O Consumer markets
O Industrial markets
O Markets
None of the above
Answers
Answer:
I think industrial markets
What is an accurate description of the correlation between the movement of stock markets in the world's four largest equity markets
Answers
The correlation between the movement of stock markets in the world's four largest equity markets, which are the United States, Japan, China, and the United Kingdom, is a complex and dynamic phenomenon. While there are certainly times when these markets move in sync, there are also times when they move independently of one another.
One factor that can affect the correlation between these markets is the global economic climate. During times of economic uncertainty or recession, for example, all four markets may experience significant declines in value. Similarly, when global economic growth is strong, all four markets may experience simultaneous increases in value.
Another factor that can affect the correlation between these markets is political instability or uncertainty. For example, if there is a major political event in one of these countries, such as a presidential election or a major policy change, it may cause that market to move independently of the others.
Overall, it is safe to say that there is some level of correlation between the movement of stock markets in the world's four largest equity markets, but that correlation is not always consistent or predictable. Investors who want to build a diversified portfolio that is not overly reliant on any one market should pay close attention to global economic and political trends, as well as the performance of individual companies within each market.
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Which is always a cost when buying insurance?
premium
deductible
co-payment
payout
Answers
Answer:premium
Explanation:
The cost of buying insurance is premium.
What is insurance?Insurance is an arrangement between a company and a person or group of people where the company agrees to pay the person a certain amount of money if an event occurs and certain conditions are met.
Types of insurance include:
Life insurance Health insurance Property insurance.The individual(s) that is being insured must pay a certain amount of money at certain times to the insuring company. This is known as the premium.
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A new supermarket is being built. The country has required the owner to designate at least eight handicap parking spaces. The county installed a sign in front of each space to indicate that it is reserved for vehicles with a proper sticker. The sign also announces a $250 fine for violators.
The intention behind the sign is to announce to the community at large that there will be a stiff penalty to pay for violating the rule. The belief is that drivers who risk a small fine by parking illegally elsewhere, such as against the curb, will not risk the large fine for parking illegally in the handicap spaces. This point of view is known as ____________.
Answers
Answer: General deterrence
Explanation:
Based on the information given, the point of view is known as general deterrence.
General deterrence is the effect of a threat regarding legal punishment on everyone in the society or the public at large. The aim of general deterrence is to send a message to the public and this is done by making them fearful of the consequences when they commit a particular crime. In this case, the fine of $250 is to make the public fearful of violation of the rule.
who is the supervisory body for the federal reserve system?
Answers
Answer:
The Board of Governors--located in Washington, D.C.--is the governing body of the Federal Reserve System. It is run by seven members, or "governors," who are nominated by the President of the United States and confirmed in their positions by the U.S. Senate.
Explanation:
________ allow companies to accommodate the needs of workers with nonstandard family situations.
a. Flexible pay rates
b. Expanded workweeks and job sharing
c. Flextime, compressed workweeks, and job sharing
d. Flextime and expanded workweeks
Answers
c. Flextime, compressed workweeks, and job sharing allow companies to accommodate the needs of workers with nonstandard family situations.
These options allow employees to adjust their schedules to better balance work and family responsibilities, such as caring for children or elderly relatives. Flextime allows employees to choose their own work hours within a set range, compressed workweeks allow for longer workdays and shorter workweeks, and job sharing allows two employees to split one full-time position.
Flextime allows workers to set their own schedules, compressed workweeks allow employees to work longer hours in fewer days, and job sharing enables two or more employees to share the responsibilities of one full-time position. These flexible work arrangements can help employees balance their work and family responsibilities, such as caring for children or elderly relatives, and can improve job satisfaction, reduce absenteeism, and increase productivity.
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2 1.6.2 Test (CST): Goals and Career Planning
Question 20 of 25
Kris is very interested in travel. Which of these careers is most likely the best
fit for her?
A. High school teacher
B. Machinist
O C. Loan officer
D. International correspondent
Answers
answer: international correspondent
Kris is very interested in travel. International correspondent of these careers is most likely the best fit for her. The correct option is D.
What is a correspondent journalist?A journalist works for a newspaper or broadcast media outlet and writes news articles. synonyms include pressperson, newswriter, newspaperman, and newspaperwoman. a correspondent from a faraway country. a journalist who contributes articles and analyses for publication or broadcast from a different country.
International correspondents are journalists who report news from different parts of the world. They travel extensively to cover stories and events in various countries, and their job involves researching, investigating, and writing about global issues. This career would be a good fit for someone who is interested in travel and has a passion for journalism and reporting.
Thus, the ideal selection is option D.
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easy career question above
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gabrielle is attending an interview for a sales position. to make a favorable first impression in the interview, gabrielle should: group of answer choices sit back and relax to appear in control of the situation. use the interviewer's first name to convey friendliness. expand her answers if the interviewer's eyes are glazing over. sit erect and lean forward slightly to express interest.
Answers
Gabrielle should aim to strike a balance between being personable and showcasing her expertise in sales during the interview.
To make a favorable first impression in a sales interview, Gabrielle should consider a combination of factors to showcase her professionalism, enthusiasm, and communication skills. Here are a few key points Gabrielle should keep in mind:
1. Dress professionally: Gabrielle should wear appropriate attire that aligns with the company's dress code and industry norms. This demonstrates her respect for the position and the company.
2. Show confidence: While it's essential to be relaxed, Gabrielle should sit upright and maintain good posture. Leaning slightly forward can convey interest and engagement in the conversation.
3. Active listening: Gabrielle should actively listen to the interviewer's questions and instructions. Maintaining eye contact and nodding at appropriate times will show her attentiveness.
4. Engage in friendly conversation: Using the interviewer's first name can help establish a friendly and personable rapport, but it should be used sparingly and naturally within the conversation.
5. Tailor answers: Gabrielle should provide concise, well-structured answers that address the interviewer's questions directly. While it's important to expand on answers if necessary, she should also be mindful of the interviewer's engagement level. If the interviewer's eyes are glazing over, it may indicate a need to be more concise and focused in her responses.
6. Highlight relevant skills and experiences: Gabrielle should emphasize her sales-related achievements, demonstrating her abilities and showcasing how she can contribute to the company's success.
7. Ask insightful questions: Towards the end of the interview, Gabrielle should ask thoughtful questions about the company, its products/services, or the sales team. This displays her genuine interest and enthusiasm for the position.
Remember, making a favorable first impression in an interview is about presenting oneself as a confident, knowledgeable, and professional candidate who is genuinely interested in the role and the company. Gabrielle should aim to strike a balance between being personable and showcasing her expertise in sales during the interview.
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Is the process of identifying customers for whom the company will optimize its offering a. searching b. research c. targeting d. deciphering e. customizing
Answers
Targeting is the process of identifying customers for whom the company will optimize its offering.
What is targeting?Targeting is the ability to identify individual or group of people that needs a required service or goods.
These are the people a business aims its marketing efforts and resources at.
Therefore, Targeting is the process of identifying customers for whom the company will optimize its offering.
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How is the president pro tempore chosen ?.
Answers
The senator from the ruling party with the longest history of continuous service is traditionally chosen by the Senate to serve as president pro tempore (or "president for a time").
The second-highest ranking official in the United States Senate and senior senator is known as the president pro tempore of the United States Senate (often abbreviated as president pro tem). The vice president of the United States is the president of the Senate (despite not being a senator), and the Senate is required to elect a president pro tempore to preside over the chamber in the vice president's absence, according to Article One, Section Three of the United States Constitution.
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automatic stabilizers are government spending and taxation changes that cause fiscal policy to be when the economy expands. ineffective contractionary neutral expansionary
Answers
Automatic stabilizers are government spending and taxation policies that are designed to automatically adjust in response to changes in economic conditions, such as fluctuations in GDP and employment levels.
When the economy is expanding, these policies can have different effects depending on whether they are expansionary, neutral, or contractionary.
Expansionary automatic stabilizers refer to government actions that increase spending or reduce taxes during an economic expansion. These policies help to stimulate aggregate demand and keep the economy growing at a healthy pace. Examples of expansionary automatic stabilizers include increased funding for social welfare programs, such as unemployment benefits and food stamps, or lower tax rates for individuals and businesses.
Neutral automatic stabilizers do not have any significant impact on the economy during an expansionary phase. These policies are designed to maintain a stable level of spending and taxation regardless of changes in the business cycle. Examples of neutral automatic stabilizers include fixed interest rates on government debt, or government programs that provide a consistent level of support to individuals and businesses.
Contractionary automatic stabilizers refer to government actions that reduce spending or increase taxes during an economic expansion. These policies are intended to slow down economic growth and prevent inflationary pressures from building up. Examples of contractionary automatic stabilizers include reduced funding for social welfare programs or higher tax rates for individuals and businesses.
Overall, the effectiveness of automatic stabilizers depends on how well they are designed and implemented. A well-designed automatic stabilizer system can help to smooth out economic fluctuations and promote sustainable growth over the long term.
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If the firm is facing the threat of trade barriers such as high import tariffs or quotas and the firm has proprietary technology, the firm should consider:.
Answers
Answer:
On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 28 million stock options were granted, exercisable for 28 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 90% of the quoted market price on January 1, 2021, which was $10. The fair value of the 28 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize forfeitures only when they occur.
Ten percent (2.8 million) of the options were forfeited when an executive resigned in 2022. All other options were exercised on July 12, 2025, when the stock’s price jumped unexpectedly to $26 per share.If the firm is facing the threat of trade barriers such as high import tariffs or quotas and the firm has proprietary technology, the firm should consider:.
Economics: Consider two ways of protecting elephants from poachers in African countries. In one approach, the government sets up enormous national parks that have sufficient habitat for elephants to thrive and forbids all local people to enter the parks or to injure either the elephants or their habitat in any way. In a second approach, the government sets up national parks and designates 10 villages around the edges of the park as official tourist centers that become places where tourists can stay and bases for guided tours inside the national park. Consider the different incentives of local villagers-who often are very poor-in each of these plans. Which plan seems more likely to help the elephant population?
Answers
Answer:
People kill elephants not because they are evil and want to hurt them just for the sake of hurting them, they do it in order to make a profit. If the government can offer these people the opportunity to make money through tourism, they that should prevent them from killing the elephants and other wildlife. You have to remember that these people are extremely poor and their income earning alternatives are very scarce and limited.
The first option will work only if the government spends enough money hiring guards that keep the park safe for the animals. But even then, some animals will still be hunted. You must also remember that not only the people of these places are poor, the governments are extremely poor also.
On the other hand, the second option should work better because the villagers will have an incentive to keep the animals safe and not hunt them themselves. The villagers will also help to prevent other people from killing the animals since they earn money through tourism and tourists go there to see the animals.
In a population of 1000 cells, 200 are in various phase of the M stage. For those in interphase, 400 have 1X amount of DNA, 200 have 2X amount of DNA, and the rest have somewhere in between 1X and 2X amount of DNA. What is the total length of the cell cycle if the S phase has a duration of 5 hours?
Answers
Answer:
The answer is 25 hours
Explanation:
Solution
Given that:
The total number of cells = 1000 cells
The M -phase = 200 cells
In interphase it becomes:
1 X DNA = 400 cells
2X DNA = 200 cells
In between 1X and 2X = 200 cells
The duration of S phase = 5 hours
Now
The first step to take is to calculate the mitotic index of cells which is given as:
Mitotic Index = The number of cells in mitosis/Total number of cells * 100
Thus
Mitotic Index =Number of cells in prophase + metaphase +anaphase + telophase (P+M+A+T)/1000 * 100
=200/1000 * 100
=20%
Now from the cell cycle 20% is 5 hours, then 100% which is the length of total cell cycle. is about 25 hours.
how do you wrrite the word pneumonoultramicroscopicsilicovolcanoconiosi aand what does it mean?
Answers
Answer:
Pneumonoultramicroscopicsilicovolcanoconiosis
Explanation:
Pneumonoultramicroscopicsilicovolcanoconiosis is a phrase used to describe a lung condition produced by inhaling silica dust, as in I had difficulty breathing and my doctor diagnosed me with pneumonoultramicroscopicsilicovolcanoconiosis.
Should you budget with gross or net income?.
Answers
While there are a whole bunch if not thousands of various ways to budget, there are some universal truths when it involves budgeting. As an example, it is best to not pay quite you are transportation in, and your budgeting financial gain ought to be supported by your lucre, not your gross financial gain.
Your lucre ought to be the quantity that helps you originate your budget. once you've got calculated your monthly lucre, track your defrayment habits, beginning with what proportion you wish for mounted prices like mortgage, loan payments, or utility bills.
Gross financial gain is beyond net financial gain and includes total revenue or income, whereas lucre refers to web profits in any case expenses, taxes, and deductions are taken out. Your personal lucre is often your wage.
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: exchange traded fund that invests in the stocks of large corporations is an example of a) direct investment. b) indirect investment. c) derivative investment. d) tangible investment. explain your answers.
Answers
According to the given choices, it may be stated that the exchange traded fund that makes its investments in the stocks of large corporations can be regarded as an example of an indirect investment. Therefore, the option B holds true.
An indirect investment may be taken into understanding as the class of investment wherein the investor tends to engage his or her money into the company through the secondary markets. For example, stock exchanges and mutual funds are an example of indirect investments. Exchange traded funds are also indirect investment.
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a copy company wants to expand production. it currently has 20 workers who share eight copiers. two months ago, the firm added two copiers, and output increased by 40,000 pages per day. one month ago, the firm added five workers, and productivity also increased by 25,000 pages per day. a copier costs about three times as much as a worker. assume these
Question: A Copy Company Wants To Expand Production. It Currently Has 20 Workers Who Share Eight Copiers. Two Months Ago, The Firm Added Two Copiers, And Output Increased By 40,000 Pages Per Day. One Month Ago, The Firm Added Five Workers, And Productivity Also Increased By 25,000 Pages Per Day. A Copier Costs About Three Times As Much As A Worker. Assume These
Hire another worker or purchase a new printer?
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A copy company wants to expand production. It currently has 20 workers who share eight copiers. Two months ago, the firm added two copiers, and output increased by 40,000 pages per day. One month ago, the firm added five workers, and productivity also increased by 25,000 pages per day. A copier costs about three times as much as a worker. Assume these increases in productivity per worker and productivity per copier are good proxies for future increases in productivity when hiring additional workers or purchasing additional copiers. Based on this information, the copy company should hire another worker in order to expand output.
Answers
Based on the information provided, the copy company should hire another worker to expand output.
This conclusion is based on the fact that adding two copiers increased output by 40,000 pages per day, while adding five workers increased productivity by 25,000 pages per day.
Since the cost of a copier is about three times the cost of a worker, it would be more cost-effective to hire another worker rather than purchasing a new copier. By doing so, the company can further increase its output and productivity.
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place rock unit events in order.
3. (Note: The surface is not a layer. It is ground-level, complete with happy little trees.) \( \mathrm{A} 3 \) Homework \( - \) Unanswered Place the rock units events in order from oldest on bottom t
Answers
To place the rock unit events in order from oldest to youngest, we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers.
1. Homework: This event is the most recent one as it is mentioned last in the given list.2. A3: This event is mentioned before Homework, suggesting that it occurred earlier than Homework.3. Unanswered: This event is mentioned before A3, indicating that it happened before A3.Therefore, the correct order from oldest to youngest is: Unanswered → A3 → Homework.we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers, the youngest rocks are on top, while the oldest rocks are at the bottom.
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A 3rd degree burn has burnt only part of the epidermis. the epidermis only. the epidermis and dermis. the epidermis and part of the dermis.
Answers
A 3rd degree burn has burnt the epidermis and part of the dermis. Option 3 is the correct answer.
A 3rd degree burn is a severe burn that extends through the entire thickness of the skin. In a 3rd degree burn, the epidermis, which is the outermost layer of the skin, and part of the dermis, which is the layer beneath the epidermis, are affected. This type of burn destroys the full thickness of the epidermis and can extend into the deeper layers of the dermis.
The epidermis serves as a protective barrier for the body, preventing the entry of harmful substances and pathogens. It also helps regulate body temperature and plays a role in the production of vitamin D. The dermis provides structural support, contains blood vessels, nerve endings, sweat glands, and hair follicles.
Due to the severity of the injury, 3rd degree burns often require medical intervention and specialized treatment. They can result in extensive tissue damage, loss of sensation, and impaired healing. Treatment may involve surgical interventions, such as skin grafting, to promote healing and minimize the risk of infection. Rehabilitation and long-term care are often necessary to manage the physical and psychological effects of a 3rd degree burn.
Hence, option 3 is the right choice.
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2 x (3a-b) - 3y(b-3a)
Answers
Answer:
6ax+9ay−2bx−3by
Explanation:
2x(3a−b)−3y(b−3a)
Distribute:
=(2x)(3a)+(2x)(−b)+9ay+−3by
=6ax+−2bx+9ay+−3by
inventory items on an assembly line in various stages of production are classified as o work in process. o merchandise inventory. o finished goods. o raw materials.
Answers
Merchandise Inventory items on an assembly line in various stages of production are classified as work in process.
Merchandise Inventory refers to the goods that a company has on hand and expects to sell in the future. Companies will categorize their inventory into three categories: raw materials, work-in-progress, and finished goods.
The following are the three categories of inventory:Raw materials: Unfinished inventory products, such as steel, wood, and plastic, that are utilized to construct finished goods.
Work-in-process (WIP) inventory: Products that are still in production but have yet to be completed are referred to as work-in-progress inventory. These items are frequently in the early or middle stages of production, requiring additional labor and resources to complete them.
Finished goods inventory: Finished products that are ready to be sold are referred to as finished goods inventory. These items are typically stored in warehouses and shipped directly to customers.In conclusion, inventory items on an assembly line in various stages of production are classified as work in process.
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Complete the following sentence.
A traditional cover letter's format includes an introduction, a ______ and a ______ paragraph.
Answers
Answer:
body, closing
That was easy
Explanation:
Im on a time crunch and need help. Ill give a good answer brainiest!!
JUST WRITE A SHORT SUMMARY OF THIS.
Let’s move on to the next ‘flavor;’ the Manufacturing career cluster covers the planning, managing, and processing of materials to create a final product. It also involves technical support, as well as maintenance and engineering. Whew! That’s a doozy of a definition. Basically, you can think of manufacturing as the people who work together to create something. They build, much like builders, but they create pieces and items. Manufacturing differs from building because it involves building items and components not large structures. Have you ever stepped inside a factory? A factory is a large space where manufacturing happens. Examples for a factory might include manufacturing car parts or packaging for food.
A man in a blue hard hat and coveralls works at a milling machine in a factory with another man looking over his shoulder.
The Manufacturing cluster presents careers that make components that are smaller than a building.
Let’s think back to Xavier again. Xavier looked into a company that built (or manufactured) different parts of a home for him. People who work in the Manufacturing career cluster would put together all of the separate parts needed for Xavier’s home, and Xavier would do the actual building or constructing of those parts to build the structure of his house.
Pathways in the Manufacturing Cluster
The Manufacturing career cluster has many career pathways that fall underneath it. We are going to scoop into those flavors one by one to get a better look at what falls into each.
Production Pathway
The first pathway we are going to discuss is the Production pathway. The Production pathway includes jobs/careers that work directly on the shop floor making or assembling parts. Remember, we discussed that many of these jobs and careers are in a factory. Working on the shop floor means they are working on the main floor of the factory where they assemble and create parts and materials. For jobs and careers in this cluster, you need a keen eye for detail, the ability to work with precision (or a high level of detail), and knowledge of how pieces and parts fit together. Jobs in this career pathway typically require a high school degree or apprenticeship if you are working on simpler projects, but if you are making and assembling very complicated parts (like technical parts for electronics), you may need a higher degree such as an associate, bachelor’s, or master’s.
Manufacturing Production Process Development Pathway
A person sketches out designs for cardboard boxes with several prototypes littering the drawings.
The Manufacturing Production Process Development pathway holds exciting careers like product design.
This pathway is a mouthful. The Manufacturing Production Process Development pathway includes employees who are responsible for product design and design of the manufacturing process. You can think of this pathway as architects, in a way, as they are the creative (and technical) force that puts together the product design (or how the product will look) and the process needed to make it look that way. Essentially, they decide how things get created and assembled. People in this pathway work with customers as well, bringing their visions to life. If the customer wants to package their new product in blue boxes with an orange ribbon tied around them, people in this career pathway will give an example of what this finished project will actually look like and how they will create them by the masses so all look identical. When designing packages, people in this pathway will usually work in an office, but others in this career cluster work on the factory floor, watching and tweaking the packaging process as it happens. Some jobs and careers in this pathway include design engineers, electronic technicians, electronic engineers, manufacturing engineers, manufacturing technicians, etc. Most jobs in this career cluster require at least an associate degree or higher depending on the types of designs and processes they are creating.
Maintenance, Installation & Repair Pathway
The Maintenance, Installation & Repair pathway is another mouthful. This pathway covers jobs and careers that perform preventative maintenance procedures on machines, tools, and equipment. They make sure that any machines and tools that are being used for a particular project are always up and running their best. They perform routine and regular checks on machines, as well as troubleshoot and repair electrical, electronic, and mechanical systems. People in this pathway are problem solvers. They are good at going in, seeing what’s not working, and fixing the problem ASAP. They also know how to best prevent problems before they even happen. Some jobs and careers that are included in this pathway are computer repair people, facility electricians, industrial maintenance workers, technicians, and mechanics.
Answers
these are not answers comments nobody know how to help with this
If a business is owned by many people, it is called a _____ . A. sole proprietorship. B. corporation. C. limited liability company. D. partnership
Answers
Answer:
bbb
Explanation:
When a business is owned by many people, then such a kind of business will be termed as corporation. Hence, Option B is correct.
What is a business?A business is a term which is used to denote the kind of activity that makes a person engaged and so that they can earn money to provide support to their family as well as themselves.
In terms of the monetary sector, with the help of this , they will continue in a smooth and efficient manner. With the help of business, one can earn that much money through which they can move towards master status.
When a person runs a kind of business there, apart from him, many other people will also become owners. It will be referred to as a corporation.
Therefore, Option B is correct.
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A discount sale is also called a(n) _________________________. This is a reward for buying something now rather then later
Answers
An incentive is a discount that rewards the buyer for an immediate purchase rather than a future transaction.
What are other types of incentives?Other examples of sales Incentives are:
BonusesCommissionCouponsDiscountsBuy One Get One FreeIncentives are used to encourage customers to buy more, stay loyal, and help the business win more customers through word of mouth marketing.
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Mitchell Corporation manufactures a single product. The selling price is $85 per unit, and variable costs amount to $68 per unit. The fixed costs are $16,500 per month. What will be the monthly margin of safety (in dollars) if 1,800 units are sold each month
Answers
Answer: $ 70,500
Explanation:
Given, Number of units = 1800
Per unit selling price = $85
Total Sales price = (Number of units ) x (Per unit selling price)
= 1800 x $ 85
= $153,000
Variable cost per unit = $68
Total variable cost = 1800 x $68 = $122,400
Contribution Margin = (Sales price ) - (Variable cost)
= $ (153000-122400)
= $30,600
Fixed cost = $16,500 per month
Profit = (Contribution Margin) - (Fixed cost)
= $(30,600-16,500)
= $14,100
PV ratio = (Contribution Margin) ÷ (Total sales) x 100%
= $ (30,600÷153,000)x 100%
=20%
Margin of Safety = (profit) ÷ (PV ratio)
= ($14,100) ÷ (20%)
= ($14,100) ÷ (0.20)
= $ 70,500
Hence, the monthly margin of safety = $ 70,500