Answer:
$90,000; $18,000; $37,500; $34,500
Explanation:
Total contribution to GDP:
= Number of bicycles produces × Selling price of each
= 300 × $300
= $90,000
Value added by Firm T is calculated as follows:
= value of tires sold to Firm B
= Selling price of each tire × No. of tires produced
= $30 × 600
= $18,000
Value added by Firm F is calculated as follows:
= Value of bicycle frames sold to Firm B
= Selling price of each bicycle frame × No. of bicycle frames produced
= $125 × 300
= $37,500
Value added by Firm B:
= Value of bicycles sold to consumers - Cost of purchasing tires from Firm T - Cost of purchasing bicycle frames
= ($300 × 300) - $18,000 - $37,500
= $90,000 - $18,000 - $37,500
= $34,500
Answer:
The correct answer is letter "A": utilitarianism.
Explanation:
Utilitarianism is a term used in philosophy, economics, and law. It is a moral concept that explains that individuals are constantly looking for maximizing pleasure while avoiding any kind of harm. <em>This theory states is based on the belief that the greatest should be given for the greatest amount of people.</em>
British Economist John Stuart Mill (1806-1873) is one of the most relevant characters who promoted that idea.
Answer:
Explanation:
The transaction price in each case would be shown below:
(A) Transaction price - $900,000 and the revenue is recognized at the point of sale or on the date when the sale is made
(B) Transaction price - $720,000 and the revenue is recognized at the point of sale or on the date when the sale is made
(C) Transaction price - Present value should be transaction price i.e $417,600 and the remaining amount $32,400 ($450,000 - $417,600) would be recognized over the 24 months i.e 18 months + 6 months
Answer:
E)
Explanation:
It was prepared for this because Starbucks tracked, as part of its ongoing environmental scanning activities, the percentage of households with single-cup brewers. The data that they managed to gather through this study allowed them to quickly determine that there was a large percentage of households with single-cup brewers and therefore the customer base was there. Having a large customer base would drastically increase their chances of obtaining massive profits by simply providing the necessary product to those households, which they plan to do with this partnership.
Answer:
Sensory retailing.
Explanation:
If a gourmet cooking store encourages customers to sample fresh baked apple pie in order to encourage purchases of pie pans and rolling pins they are engaging in sensory retailing.
In marketing, sensory retailing can be defined as a strategic process which involves the creation of an atmosphere that attracts potential customers and has a positive influence or effect on them.
Generally, sensory retailing involves the process of appealing to the customer's taste, smell, sight, tactile, and olfactory senses, thus, affecting their perception, judgment and behavior positively.
<em>Hence, when properly designed, harnessed and applied, it boost purchasing behaviors, increases sales revenues, improve customer loyalty, and enhances good vibes or mood among end consumers</em>.
