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wariber [46]
2 years ago
6

Which of the following best illustrates the importance of addressing the three questions of economics? People’s desires and need

s are always changing. Businesses need to use limited resources wisely. Traditional methods of production are outdated. Businesses need to limit production.
Business
1 answer:
Marrrta [24]2 years ago
3 0

Answer:

<em>Businesses need to use limited resources wisely</em>

Explanation:

We know that resources are less and demand is more. Business firm are one of them who uses the resources . It depend on the businessman who they can wisely use the resources .

It is the duty of the businessman to always thing about the nature who provide the resources to the businessman and also about the society, because without society no business can be stay in the market .

A businessman can do many thing to use the limited resources wisely like they can reduce the use of resources or use them effectively. So that there is no waste of the resources . Identify the most important thing which you need. Try to focus on one activity not on all at one time .  

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Kent Manufacturing produces a product that sells for $70.00. Fixed costs are $163,200 and variable costs are $28.00 per unit. Ke
kipiarov [429]

Answer:

$330,846

Explanation:

The computation of the  the revised break even point in dollars is shown below:

= (Fixed cost ) ÷ (Profit volume ratio)

where,  

Fixed cost = $163,200 + $8,840

                 = $ 172,040

And the profit volume ratio would be

= (Contribution margin) ÷ (Sales) × 100

where Contribution margin equal to

= Selling price per unit - variable cost per unit

= $70 - $28 + $5.60

= $36.4

So, the profit volume ratio is

= ($36.40) ÷ ($70)

= 52%

So, the revised break point in dollars is

= ($172,040) ÷ (52%)

= $330,846

4 0
2 years ago
Estelle is trying to create an advertising message that communicates the tangible features of her company's laptop computers, te
ankoles [38]

Answer:

Answer is D. Informational.

Refer below.

Explanation:

Estelle is trying to create an advertising message that communicates the tangible features of her company's laptop computers, telling consumers about the relative advantages of her products as compared to other offerings in the market. Estelle is trying to create an informational appeal.

3 0
2 years ago
Read 2 more answers
What process guides your entry and closing points? 1. Reducing the randomness of your approach 2. Pragmatic 3. Facilitate adapta
Airida [17]

Answer:

1. Reducing the randomness of your approach

Explanation:

Reducing the randomness of your approach guides your entry and closing points

8 0
2 years ago
The employees of Cassini Corporation are engrossed in working toward their individual targets. They have ignored the principal a
Yanka [14]

Answer:

B

Explanation:

Goal Displacement is a situation in which the original goals of the organisation have been overtaken by the new goals which have been developed during the course of time. Goal displacement can happen for many reasons and at many levels.Goal displacement occurs when resources are used for a purpose other than for the growth of the organisation.

6 0
2 years ago
Frances Newberry is the payroll accountant for Pack-It Services of Jackson, Arizona. The employees of Pack-It Services are paid
Triss [41]

Answer:

Francis net pay: 1,349.62 dollars

Explanation:

50,000 dollars per year

we divide over 24 payment per year: 2,083.33

we calculate the deductions

6.20% social security = 129.16

1.45% medicare =           30.21

3% 401(k) =                $  62.50

section 125 plan       $  25.00

advance repayment $ 375.00

750 / 2 = 375

taxable income: 2,083.33 - 62.5 - 25 = 1,995.83

Federal income tax: 1.6% $ 32.00

State Income tax: 4%       $ 79.83

Net pay: 1995.83 - 32 - 79.83 - 129.16 - 30.21 - 375 = 1,349.62

5 0
2 years ago
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