Answer:
When Home Depot stores entered the Canadian market, there were already stores providing similar services and products. It employed Competitive effect To get people to try Home Depot by deliberately selling merchandise below the price that the Canadians did.
Explanation:
The competitive effect is the concept that allows a certain individual or organization to become attractive to customers under a scenario of pre-established markets by reducing its cost or prices making the organization competent in the market by driving the rest of the organizations in the industry compete with their costs or prices.
Answer:
C) $1,166,000
Explanation:
The sales budgeted will be
unit sales budgeted x unit sales price
we look into the assignment for these numbers:
- February sales 10,600 units
And calcualte: 10,6000 units x $110 sales price
Total sales revenue for the month of February 1,166,000
The rest of the data is irrelevant for the question we are given thus, we ignore it.
Answer and Explanation:
Please find answer and explanation attached
Answer:
1. 4.75
2. 4.25
Explanation:
1. Private cost is a supplier's or producer's cost of providing goods and services without any external cost.
Private cost:
= Cost of imported oil + Cost of refining oil to gasoline + Cost of distributing and selling gasoline + Government tax
= 0.50 + 1 + 0.75 + 2.50
= 4.75
2. Social cost is private cost plus external cost.
Social cost:
= Cost of imported oil + Cost of refining oil to gasoline + Cost of distributing and selling gasoline + Cost of pollution from one liter of gasoline
= 0.5 + 1 + 0.75 + 2
= 4.25
Answer:
(a)Dawson Company $42.00
(b)McBride Company $41.40
Explanation:
The amount of FUTA taxes to be paid on Mirer's wages by the two companies are:
(a)Dawson Company $42.00
(7000*0.6%) = $42.00
(b)McBride Company $41.40
(6900*0.6%) =$41.40
