Answers
Answer:
A. contribution margin income statement.
Explanation:
This is explained as a tool used critically used in planning and also decision making; it also proves itself to be a pattern or array of showing cost and expenses towards a particular fixed cost or profits. It is been shown to be contribution margin per unit, ratio or contribution margin. Therefore when sales double in cases like this, variable cost is said to do the same too.
It is also said to be different from normal income statement in many different ways which could include:
1). Variable selling are be grouped as product costs.
2). Contribution margin comes to place instead of placing it as gross margin etc.
Related Questions
Which of the following types of contracts does not fall within the statute of frauds? Select one: A. Contracts not performed within six months B. Contracts for the sale of goods totaling more than $500 C. Contracts for one party to pay the debt of another party if the initial party fails to pay D. Promises made in consideration of marriage E. Agreements related to an interest in land
Answers
Answer:
Correct Answer:
C. Contracts for one party to pay the debt of another party if the initial party fails to pay
Explanation:
In a business setting which exist between two parties, when there is a renegation of agreement between the parties involved by one person, then there is consequences. In a situation where the renegation of agreement was deliberate, then, fraud is said to have occurred.
Option C does not fall within the statue of fraud.
The type of contract that does not fall within the statute of fraud is when the one part agrees to pay the debt of another party.
The following are the situations where the fraud could have existed:
Contract not performed for six months. The sale of goods is more than $500.The promise is made for marriage. Agreements are to be done for land.Therefore we can conclude that the type of contract that does not fall within the statute of fraud is when the one part agrees to pay the debt of another party.
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QUESTION 5
Which of the following is the first step in building a social media plan?
O a. Listen to determine opportunities
O b. Establish social media objectives
O c. Select social media tools
O d. Segment and target the social media customer
e. Integrate the plan
Answers
The first step in building a social media plan is to establish social media objectives.
Social media play an important role when it comes to advertising or marketing of goods or services.
In order to build a social media- plan it is important that you establish your social media objectives and know your goals as well as how to achieve it.
Some of the social media- plan objectives you need to know includes:
How to build rapport with your target audience or customers.How to convince your target audience about your products.How to create product awareness so as to increase your sales and earn profit.How to increase your audience.Inconclusion the first step in building a social media plan is to establish social media objectives.
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Which of the following is an unhealthy motivation for donating money to charitable organizations?
O to help build a better world
O to support a cause that you care about
O to do good for others
O to make yourself feel important
Answers
Answer:
to make yourself feel important
The answer would be
O to make yourself feel important
Have a great day!
QUESTION 4 of 10: True or False: Secondary data is usually more expensive than collecting primary data. a) True b) False
Answers
Answer:
False, the secondary data is usally to support the primary.
Explanation:
Secondary data is usually more expensive than collecting primary data. The statement is False. Thus the correct option is B.
What is Primary data?The term "primary data" refers to information created by the researcher themselves, such as results of the survey, group interviews, and experimental results created specifically to help recognize and address the current study issue.
In order to maintain organizational records, huge government institutions, healthcare facilities, etc. generate existing data known as "secondary data." After then, the data is extracted from a wider range of file systems.
Primary data is usually more expensive than collecting secondary data as it is collected firsthand which requires time and effort for performing the particular process.
Therefore, the statement is false.
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Net profit after taxes of a firm is 100000 and its fixed interest charges on long term debt are 20000 what is the interest coverage ratio if the rate of income tax is 60%
Answers
the interest coverage ratio is 13. This means that the firm is earning enough to cover its interest payments 13 times over.
How to calculate?
The interest coverage ratio is calculated as follows:
Interest Coverage Ratio = (Net Profit + Fixed Interest Charges) / Fixed Interest Charges
First, we need to calculate the net profit before taxes, as this is what we will use to calculate the interest coverage ratio:
Net Profit Before Taxes = Net Profit After Taxes / (1 - Tax Rate)
Net Profit Before Taxes = 100000 / (1 - 0.6)
Net Profit Before Taxes = 250000
Now we can calculate the interest coverage ratio:
Interest Coverage Ratio = (Net Profit Before Taxes + Fixed Interest Charges) / Fixed Interest Charges
Interest Coverage Ratio = (250000 + 20000) / 20000
Interest Coverage Ratio = 13
Therefore, the interest coverage ratio is 13. This means that the firm is earning enough to cover its interest payments 13 times over.
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10 Characteristics of a Successful Entrepreneur
Answers
Answer:
1.creativity
2.professionalism
3.risk taaking
4.passion
5.planning
6.knowledge
7. social skills
8.open mindedness towadrs learning, people and even failure
9.emphaty
10.the customer is everything
Explanation:
HOPE IT HELPS ( dont judge people if their answer is not correct )(◍•ᴗ•◍)❤
Name a product brand that you consider yourself loyal to or that you were once very loyal to. Describe how the promotion of the product keeps or kept you loyal. Describe something the company could do or did do that would cause you to stop buying from them, and explain why.
Answers
Answer:
I think your supposed to answer this with your own words an example would be McDonald's, there food was very good,I would stop buying from McDonald's if there meat was made out of something nasty such as rat or horse because it would make me uncomfortable to eat something like that
According to the survey article on mergers by Mukherjee et al,
A) a minority of managers believe that diversification can be a good reason to merge.
B) acquiring managers discount targets’ cash flows at the targets’ cost of capital.
C) managers do not believe operating synergies to be important in merger decisions.
D) managers do not use the discounted cash flow formula to value a target in a merger.
Answers
Question 5 Shop A charges $275.00 for an oil change and has a gross oil profit percent of 39.1% for its total oil gross profit 96. Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4% for its total oil gross profit . Both shops pay $21.25 per gallon of oil. What is the Profit per Lube for Shop B?
Answers
To calculate the Profit per Lube for Shop B, we need to determine the total profit made from each oil change and then divide it by the amount of oil used.
First, we need to find the total oil gross profit for Shop B. We know that Shop B charges $275.00 for an oil change and has a gross oil profit percent of 28.4%. This means the gross oil profit is calculated as a percentage of the total price.
Gross oil profit for Shop B = 28.4% of $275.00
= (28.4/100) * $275.00
= $78.10
Next, we need to calculate the amount of oil used for each oil change. We are given that both shops pay $21.25 per gallon of oil.
Amount of oil used for each oil change = $275.00 / $21.25 per gallon
= 12.94 gallons (rounded to two decimal places)
Finally, we can calculate the Profit per Lube for Shop B by dividing the total oil gross profit by the amount of oil used.
Profit per Lube for Shop B = Gross oil profit for Shop B / Amount of oil used
= $78.10 / 12.94 gallons
≈ $6.03 per gallon
Therefore, the Profit per Lube for Shop B is approximately $6.03 per gallon.
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walsh Company produces mathematical and financial calculators and operates at capacity. Data related to the two products follows. LOADING...(Click the icon to view the data.) Total manufacturing overhead costs are: LOADING...(Click the icon to view the overhead costs.) . . . . . Requirements 1. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead cost per unit for each product. 2. Compute the manufacturing cost per unit for each product. 3. How might 's managers use the new cost information from its activity-based costing system to better manage its business? Requirement 1. Choose a cost driver for each overhead cost pool and calculate the manufacturing overhead cost per unit for each product. Begin by choosing a cost driver for each overhead cost pool. Activity Cost driver Rate Machining Set up Inspection
Answers
1. The cost driver for each overhead cost pool.
Activity Cost Driver Rate
Machining Machine - hours $440,000 / 110,000 $4 per machine hour
(40,000 + 70,000 = 110,000)
Set Up Production runs $110,000 / 100 $1,100 per production run
(40,000 + 70,000 = 110,000)
(50 + 50 = 100)
Inspection Inspection-hours $120,000 / 2,000 $60 per inspection
(1,200 + 800 = 2,000 )
Manufacturing overhead cost per unit
Particulars Mathematical Financial
Machining $160,000 $280,000
(40,000 $4) (70,000 × $4)
Set Up $55,000 $55,000
(50 ×$1,100)(50× $1,100)
Inspection $72,000 $48,000
(1,200 × $60) (800 $60)
Total manufacturing costs $287,000 $383,000
Number of Units 25,000 50,000
Manufacturing overhead cost per unit $11.48 $7.66
($287,000/25,000) ($383,000/50,000)
2. The manufacturing cost per unit for each product
Manufacturing cost per unit
Particulars Mathematical Financial
Direct Materials $3.00 $3.00
($75,000 / 25,000) ($150,000 / 50,000)
Direct Manufacturing labor $1.00 $1.00
($25,000 / 25,000) ($50,000 / 50,000)
Manufacturing overhead $11.48 $7.66
Manufacturing cost per unit $15.48 $11.66
3. Managers can use the new cost information for planning and cost reduction.
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The management of Osborn Corporation is investigating an investment in equipment that would have a useful life of 8 years. The company uses a discount rate of 12% in its capital budgeting. The net present value of the investment, excluding the annual cash inflow, is -$401,414. To the nearest whole dollar how large would the annual cash inflow have to be to make the investment in the equipment financially attractive
Answers
Answer:
$80,800
Explanation:
Calculation to determine the annual cash inflow have to be to make the investment in the equipment financially attractive
Using this formula
Annual cash flows = Negative net present value to be offset ÷ Present value factor
Let plug in the formula
Annual cash flows = $401,414 ÷ 4.968
Annual cash flows = $80,800
Therefore the annual cash inflow have to be to make the investment in the equipment financially attractive is $80,800
Owen wants to contribute cash or capital gain property or stock to a charitable organization this year. Assume his adjusted gross income for the year will be $150,000 and that he only plans to make one of the following donations.
If he contributes $100,000 cash to a public charity, he can deduct $ __________ this year.
If he contributes property that is worth $80,000 to a public charity, he can deduct $ ___________ .
Or, if he contributes publicly traded stock with a FMV of $60,000 and a basis of $40,000 to a private non-operating foundation, he can deduct $ __________ this year.
Answers
Answer:
$90,000; $45,000; $30,000.
Explanation:
In the United States of America, tax payers get reduction in the amount of taxes that they pay when taxpayers donate money to charity. The deductions in tax depends on the charity organization the tax payer is donating to and the kind of property the tax payer is donating.
Below is how it is been deducted;
(1). As regards to public charity, only 60% can be deducted from the adjusted gross income.
(2).As regards to Capital gain property contribution to public charity, only 30% can be deducted from the adjusted gross income.
(3). As regards to Capital gain property contribution to private non operating foundation, only 20% can be
In the question above, the adjusted gross income for the year will be = $150,000 deducted from the adjusted gross income.
Therefore, for (1). 60/100 × $150,000 = $90,000.
(2). 30/100 × 150,000 = $45,000.
(3). 20/100 × 150,000 = $ 30,000.
Paul’s grocery received 1,000 pounds of onion at $0.11 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a makeup rate of 180% based on cost.
Answers
The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.
What is the selling price per pound for onions?Total Cost = Quantity * Cost per pound
Total Cost = 1,000 pounds * $0.11/pound
Total Cost = $110
Spoilage Quantity = 3% of Quantity
Spoilage Quantity = 3% of 1,000 pounds
Spoilage Quantity = 0.03 * 1,000 pounds
Spoilage Quantity = 30 pounds
Effective Quantity = Quantity - Spoilage Quantity
Effective Quantity = 1,000 pounds - 30 pounds
Effective Quantity = 970 pounds
Makeup Rate = 180%
Selling Price per pound:
= (Total Cost * Makeup Rate) / Effective Quantity
= ($110 * 1.80) / 970 pounds
= $2.03505/pound.
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if i asked a question and two people had to split the points. and i gave the question 60 points. how many points would each person get
Answers
Answer:
30 points
Explanation:
If the question is worth 60 points, split between 2 people, it's 30.
Suppose labor's share of output is 70% and capital's share of output is 30%. The country finds that its output grew at a rate of 3.4% during the past year, its labor force grew by 2%, and its capital grew by 3%. In this case, labor contributed
Answers
The complete statement "Suppose labor's share of output is 70% and capital's share of output is 30%. The country finds that its output grew at a rate of 3.4% during the past year, its labor force grew by 2%, and its capital grew by 3%. In this case, labor contributed 1.4 percent to the growth of output, capital contributed 0.9 percent to the growth of output, and the implied rate of growth in technology was 1.1 percent."
What is labor's contribution?Generally, The term "labor contribution" refers to either the direct participation in the kinds of production, business, and service labor or the involvement in the management of the cooperative for which remuneration is paid in accordance with the contribution as specified by the Statute of the cooperative.
Both of these types of participation are remunerated in accordance with the contribution.
In the process of generating the commodities and services that make up an economy, labor stands in for the human element. locating a sufficient number of individuals with the appropriate abilities to satisfy the rising demand. This often leads to salary increases in a number of different businesses.
\(S R(t)=\frac{\frac{\partial y}{\partial t}}{y}-\left( \alpha \frac{\frac{\partial k}{\partial t}}{k(t)}+(1-\alpha) \frac{\partial L}{\frac{\partial}{\partial t}} * \frac{1}{L(t)})\)
Here, \(\alpha=0.3\)
So, labor's contribution =(1+3) 2 =1.4
Capital's contribution =0.3 *3
=0.9%
The implied rate of growth in technology is g given by S R,
S R &=(3.4)-(1.4+.9)
=3.4-2.3
=1.1%
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CQ
Suppose labor's share of output is 70% and capital's share of output is 30%. The country finds that its output grew at a rate of 3.4% during the past year, its labor force grew by 2%, and its capital grew by 3%. In this case, labor contributed ____ percent to the growth of output, capital contributed ____ percent to the growth of output, and the implied rate of growth in technology was ____ percent.
5
Select the correct answer.
Which type of investment offers both capital gains and interest income?
ОА.
property
OB.
CDs
Ос.
stocks
OD
bonds
Plato
Answers
Answer:
stocks
Explanation:
stocks have both a postitiveand negitive pole its the only one that makes sence.
Answer:
Stocks
Explanation:
Stocks is the type of investment offers both capital gains and interest income.
The dean of the School of Fine Arts is trying to decide whether to purchase a copy machine to place in the lobby of the building. The machine would add to student convenience, but the dean feels compelled to earn an 10 percent return on the investment of funds. Estimates of cash inflows from copy machines that have been placed in other university buildings indicate that the copy machine would probably produce incremental cash inflows of approximately $13,000 per year. The machine is expected to have a three-year useful life with a zero salvage value.
Use Present Value Appendix PV of $1, to determine the maximum amount of cash the dean should be willing to pay for a copy machine.
Note: Round your intermediate calculations and final answer to 2 decimal places.
Use Present Value Appendix PVA of $1, to determine the maximum amount of cash the dean should be willing to pay for a copy machine.
Answers
The dean should be willing to pay up to $32,324.40 for the copy machine, given the expected incremental cash inflows and the three-year useful life of the machine.
To determine the maximum amount of cash the dean should be willing to pay for a copy machine, we need to calculate the present value of the incremental cash inflows.
Using the Present Value of $1 table with a 10% discount rate, we can find the present value factor for a three-year period: 0.751.
Therefore, the present value of the incremental cash inflows is:
$13,000 x 0.751 = $9,763
This means that the maximum amount of cash the dean should be willing to pay for the copy machine is $9,763.
To calculate the present value of an annuity of $1, we can use the Present Value of an Annuity of $1 table. In this case, we need to use the same 10% discount rate and a three-year period.
The present value factor for an annuity of $1 for three years at 10% is 2.4868.
So, the maximum amount of cash the dean should be willing to pay for the copy machine, taking into account the incremental cash inflows over the three-year useful life of the machine, is
$13,000 x 2.4868 = $32,324.40
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explain different ways a company is applying management
Answers
Explanation:
Organizational management is extremely important for conducting business. Managing is the process of measuring, monitoring, organizing, controlling and administering, through these variables it is possible for a company to know its strengths and weaknesses and coordinate them so that it has a greater chance of being competitive and profitable in the market.
Each organization can manage the business in different ways, this will depend on its objectives and organizational structure, the most important is that the management is aligned with a strategic planning that understands the objectives and goals of the organization so that it remains well positioned in the competitive market .
What has been the relationship between the wages workers earn and individual incentives in command economies?
Answers
In command economies, the relationship between the wages workers earn and individual incentives is typically weak or non-existent.
What are command economies ?Command economies, also referred to as planned economies, are systems of economics controlled by a centralized authority or government wherein all economic decision-making regarding the production and distribution of goods and services is handled by the governing body.
As production prices and labor wages are determined by the commanding institution instead of supply and demand, there are fewer incentives for workers to increase their productivity levels.
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Visit any nearby business of your locality and collect the information to prepare a project work report by taking the following information. 1)name and address of the firm. 2)find out whether the journal is maintained or not. 3) following the values of debit and credit. 4)the recording of business transactions in the journal
Answers
It is impossible to visit any nearby business of your locality and collect the information to prepare a project work report based on the factors given
What is a firmA common term for a company or business organization is "firm". A business is an organization involved in diverse economic endeavors, ranging from the production of goods, provision of services to trading of products.
A company usually has defined legal framework, ownership, and administration, with the main aim of earning profits or attaining specific goals. Companies can vary in their scale, spanning from petite regional enterprises to enormous global conglomerates.
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HELP PLEASE
UR OWN WORDS PLZ
Using complete sentences, identify and describe the four major ethnic groups of the Middle East.
Answers
Answer: Arabs, Kurds, etc.
Explanation:
There are four main ethnic groups living in the Middle East. The Arabs are the largest, making up 75% of the region's population. Their ancestors were tribal members from the Arabian peninsula. The Persians reside mainly in Iran; their ancestors came to the region from Central Asia. The Kurds live in a rural, mountainous area between Iraq and Turkey. Many of them make a living as farmers or herders. Like the Persians, the Turks also have ancestors from Central Asia. This group lives in Turkey.
Question 2
What is the definition of financial bootstrapping?
Answers
Answer:
Bootstrapping is the process of building a business from scratch without attracting investment or with minimal external capital. It is a way to finance small businesses.
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is a place where two parties can gather to facilitate the exchange of products
Answers
A marketplace is a physical or virtual place where two parties can gather to facilitate the exchange of goods or services. It is a space where vendors or merchants come together to sell their wares, and consumers come to buy what they need. A marketplace can be found in many forms and has evolved over time to keep up with the changing nature of trade and commerce.
Traditional marketplaces are physical locations where people gather to sell goods. They have been around since ancient times and continue to exist in many parts of the world. These marketplaces are usually located in urban areas, and vendors set up their stalls or shops to sell their wares.
They may sell food, clothing, handmade crafts, or other products. People come to these marketplaces to buy what they need, socialize, and enjoy the atmosphere.Virtual marketplaces, on the other hand, are online platforms where people can buy and sell products.
These marketplaces are accessible from anywhere with an internet connection and have become increasingly popular in recent years. Popular examples of virtual marketplaces include Amazon, eBay, and Etsy.
These platforms allow vendors to reach a broader audience and sell their products worldwide.In conclusion, marketplaces are crucial for facilitating the exchange of goods and services. They have been around for centuries, and their evolution has resulted in various forms, including traditional and virtual marketplaces.
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How can a manager use a value chain to improve a company?
Answers
To improve a company's value chain, its value chain management team identifies each part of its production process and where improvements can be made. These improvements can either reduce costs or improve production capacity.
Tất cả hàng hóa khi qua các kho đều lần lược qua 4 khâu nào:
a. Nhập, lưu trữ, chọn lọc, giao hàng
b. Nhập, lưu trữ, chọn lọc, xuất kho
c. Nhập, lưu trữ, chọn lọc, phân loại
d. Tất cả đều đúng
Answers
Answer:
c.
Explanation:
First, complete the table below
Answers
A hexagon is a polygon possessing six sides and angles. It exemplifies the traits of a regular polygon, signifying that each of its six sides measures identical lengths, while the measurment of all angled corners comprise an equivalent value (120 degrees per angle).
How to explain the shapeIt should be noted that to determine the area of a regular hexagon with regards to its side length s, refer to this formula: A = (3√3/2) × s^2.
A heptagon consists of seven pointed angles protruding from its center as well as encompassing its circumference using an equal count of respective sides attached to each corner. Such shapes can form in either regular or irregular states, however, only when uniformly oriented are they deemed "regular."
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Company X has 100 shares outstanding. It earns $1,000 per year and announces that it will use all $1,000 to repurchase its shares in the open market instead of paying dividends. Calculate the number of shares outstanding at the end of year 1, after the first share repurchase, if the required rate of return is 10 percent.a) 110.0
b) 100.0
c) 90.91
d) 89.0
Answers
Answer:
d) 89.0
Explanation:
The value of the company today is the present value of its cash flows in perpetuity which is the cash flows divided by the required rate of return.
value of the firm=$1000/10%=$10,000
share price=value of the firm/shares outstanding
share price=$10,000/100=$100
number of shares to be repurchased=$1000/$100=10
number of shares after repurchase=100-10=90
note that when 90.91 is rounded to a whole, it turns out to be 92 while 89 is rounded to 90
Deborah has just recorded a CD, which she intends to sell on her own. She needs to figure out how to price the disc. The graph below lists her expenses. Study the information and answer the questions that follow. (Note: Deborah’s marketing costs came to $900.)
Questions 1-6 of 6 | Page 1 of 1
Question 1 (10 points)
What is Deborah’s break-even point ? (the point at which there is no profit and where expenses and revenue are equal) (this will require you adding up the cost of all four components of making a CD) Remember to use proper accounting format when entering $.
Blank 1:
Question 2 (10 points)
By buying in bulk, she managed to get 6,000 CD’s manufactured for $9,000. What was the cost per unit for manufacturing ?
Blank 1:
Question 3 (10 points)
What is the cost per unit including all expenses ?
Blank 1:
Question 4 (10 points)
Deborah wants to break even after selling 1,200 CD’s. What will she have to charge per CD to accomplish this ?
Blank 1:
Question 5 (10 points)
How many CD’s will she need to sell at the price calculated in question #4 to earn a 20 percent profit ?
Blank 1:
Question 6 (10 points)
What will her profit be if she sells all of her CD’s at the price calculated in question #4 and the quanitity calculated in question #5 ?
Blank 1:
Answers
Answer:Deborah has just recorded a CD, which she intends to sell on her own. She needs to figure out how to price the disc. The graph below lists her expenses. Study the information and answer the questions that follow. (Note: Deborah’s marketing costs came to $900.) No
Explanation:
Deborah has just recorded a CD, which she intends to sell on her own. She needs to figure out how to price the disc. The graph below lists her expenses. Study the information and answer the questions that follow. (Note: Deborah’s marketing costs came to $900.) asdasd
Dale is a guitar teacher and Terrence is a tile layer. If Dale teaches Terrence's daughter to play the guitar in
exchange for Terrence tiling Dale's kitchen floor,
a. only Dale is made better off by trade.
O b. both Dale and Terrence are made better off by trade.
c. neither Dale nor Terrence are made better off by trade.
O d. only Terrence is made better off by trade.
Answers
If Dale teaches Terrence's daughter to play the guitar in exchange for Terrence tiling Dale's kitchen floor Option B. both Dale and Terrence are made better off by trade.
In this scenario, Dale is a guitar teacher and Terrence is a tile layer. Dale teaches Terrence's daughter how to play the guitar in return for Terrence tiling Dale's kitchen floor. It is a classic example of trade and bartering. Dale, the guitar teacher, would have had to pay for tile installation if he hadn't bartered with Terrence, the tile layer. Terrence, on the other hand, would have had to pay for guitar lessons if he hadn't traded with Dale.
Both Dale and Terrence, therefore, benefit from the trade, and they are both better off as a result. Because Dale receives tile installation in exchange for teaching guitar lessons, and Terrence receives guitar lessons in exchange for tile installation, both benefit.
In conclusion, the answer is (b) both Dale and Terrence are made better off by trade. When both parties are better off after a trade, it is known as a mutually beneficial trade. Trade, in general, promotes mutual gains by allowing people to concentrate on what they do best and exchange their output with others for goods and services that they desire. Therefore, the correct option is B.
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concept of the value in marketing
Answers
In marketing, value is defined as the difference between a prospective customer's appraisal of the benefits and costs of one product versus others.
What is the market value?Market value is the price that purchasers are willing to pay for an asset in the marketplace. In the case of publicly traded assets or entities, it is also known as market capitalization and is computed by multiplying the current price by the number of outstanding units.
There are a number of components that go into establishing the market value of various assets, such as corporations, and real estate, it involves a lot more than knowing share prices.
The value of intangibles and the future worth of linked assets can also be considered in determining corporate market value. Market value is more than a price; it reflects the genuine underlying value, not just the perceived value.
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