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ale4655 [162]
2 years ago
10

7. Plush Furniture sells imported rosewood dining tables. The cost of one mode

Business
1 answer:
erma4kov [3.2K]2 years ago
4 0

Answer:

$877.30

Explanation:

The cost of one table is $762.87

mark-up is 15% based on the selling price

If mark-up is 15%, then selling price will be 115 % of the cost.

Cost = $762. 87

$762.87 = 100 %

115% =762.87/100 x 115

=7.6287 x 115

=877.30

selling price will $877.30

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A marketing consultant, Sofia, has been studying the effect of increasing advertising spending on product sales. Sofia conducts
UkoKoshka [18]

No, because 100,000 is much greater than the values used in the experiment

Explanation:

The advertisement budget is an estimation of the company's commercial spending for a specified amount of time. More specifically, it is the capital that a organisation is able to put aside to accomplish its marketing goals.

In developing an advertisement budget, a corporation must balance the importance of the promotional dollar against the value of the dollar as known revenue.

Better promotional budgets — and campaigns — focus on consumers' desires and address their challenges, not on business concerns such as overstock elimination.

5 0
1 year ago
A. how much would the firm’s revenue change if it lowered price from $12 to $10? is demand elastic or inelastic in this range?
Alekssandra [29.7K]
Its InElastic Because It Lowered Hope It Helped :)
8 0
1 year ago
Some people have proposed establishing legal standards and regulations to govern safety-critical computer-based systems.
Vesnalui [34]

Answer: A) Give and explain counter-arguments against the arguments for each side.Note: the "counter-arguments" you are asked to give should oppose or answer the arguments on the other side as directly and convincingly as possible. They should not be simply unrelated arguments on the opposite side of the issue.

Explanation: When is talking about security is important to have different views, firstable you need to establish which are going to be your claims, premises or arguments, once you got it is important to search for information which can support your ideas, and once you have found it, counter-arguments are necessary to understand which are your weakest point, you need to know your counter-arguments and how people are likely to attack you, once you know the weak part of your speech you can defend it.

6 0
2 years ago
Vietnam and Ecuador both produce shrimp and rice. Vietnam can produce 180 thousand pounds of shrimp or 60 thousand pounds of ric
Elden [556K]

Answer:

(a) 3 pounds of shrimp

(b) 5 pounds of shrimp

Explanation:

Opportunity costs refers to the costs or benefits that are foregone to select some other alternative.

Vietnam can produce 180,000 pounds of shrimp or 60,000 pounds of rice in a year:

Opportunity cost of producing one pound of rice = 180,000 ÷ 60,000

                                                                                  = 3 pounds of shrimp

Ecuador can produce 130,000 pounds of shrimp or 26,000 pounds of rice in a year:

Opportunity cost of producing one pound of rice = 130,000 ÷ 26,000

                                                                                  = 5 pounds of shrimp

Therefore,

According to the principle of comparative advantage, the Vietnam has a comparative advantage in producing rice because it has a opportunity cost of producing rice than Ecuador.

7 0
2 years ago
Compensate for the risk. Delay an action. Reject the risk. Transfer the risk. A squad needs to cross a narrow footbridge across
finlep [7]

Answer:

Compensate for the risk

Explanation:

In the context of the scenario given , risk is defined as a form of exposure to a potential dangerous situation.

It is necessary for any person organization facing a risky situation to look for ways of minimizing or avoiding the risk in order to reduce related losses. Risks can be avoided through transfer , rejection , delayed action and compensating the risk,

The method of risk aversion described in the scenario is to compensate the risk.

Compensating the risk is a risk control method of using an alternative means to achieve a particular purpose in order to avoid the related risks to using the initial method.

7 0
1 year ago
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