Answer:
Break-even point in units= 60.24= 60 units
Explanation:
Giving the following information:
Unitary contribution margin= $0.415
Fixed costs= $25
To calculate the break-even point in units, we need to use the following formula:
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 25 / 0.415
Break-even point in units= 60.24= 60 units
purchased goods of rs 40000 journal entries
The journal entry for Rs. 40, 000 purchases would include a debit to purchases and credit to cash or accounts payable.
How to enter the journal ?The Purchases account is debited because the business has acquired goods, which is an asset. The Accounts Payable account is credited because the business owes money to the supplier for the goods.
Date Account title Debit Credit
XX -XXXX Purchases Rs. 40, 000
Accounts payable Rs. 40, 000
This journal entry will increase the balance of the Purchases account and the Accounts Payable account. The Purchases account will be used to track the cost of goods sold, and the Accounts Payable account will be used to track the amount of money owed to suppliers.
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The general manager has asked you to develop a block out period for the October Annual Homecoming Weekend event at the Times hotel. There is a definite possibility of 100% occupancy, but the general manager is concerned that several of the alumni will dine off premises. He wooed like a package rate that includes a kickoff breakfast and a dinner after the game. How will you proceed?
Answer:
Answer is explained below in the explanation section.
Explanation:
First of all, the dates for the October Annual Check-Out weekend will initially be finalized.
And then a Guestimate will be drawn up on the number of guests invited to the weekends.
Afterwards, the event will be discussed in full conversation with the hotel manager and the delays are requested to save the party from the chaos of being cancelled due to full occupancy.
In the end, the last list of guests is drawn up and invitations would be sent.
Only when we know that we'll get the hotel for party will negotiation take place.
Otherwise no use will be made for all arrangements made.
Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31
The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.
The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.For more questions on cost of goods sold (COGS)
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Question 1 of 20
Fifteen thousand shares of common stock are issued at a par value of $1.
The journal entry for this transaction includes a debit to for $15,000.
OA. Dividends Payable
B. Paid-In Capital
C. Cash
O D. Common Stock
SUBMIT
Mention the importance of hotel management?
Adam owns a restaurant. A new dish is being added to the restaurant's menu. The cost of making the dish is $6.75, and he wants to make a 33% profit on each dish he sells. What is Adam's selling price? Question 1 options: 10.08 11.33 26.05 5.22
The selling price of the dish if Adam wants to make a profit of 33% should be $8.98.
What should be the selling price?Profit is the excess of the selling price of an item over its cost price. When the selling price is higher than the cost price, a profit is earned. Profit is the difference between the selling price of a good and the cost price of the good.
Profit = selling price - cost price
Percentage is a measure of frequency. It is the ratio of an amount that is expressed as a number out of 100. The sign that is used to denote percentages is %.
In order to determine the selling price of the dish, multiply the cost price of the dish by 100 + percentage profit that Adam wants to earn. Thus, $6.75 will be multiplied by (100 + 33)%. The value gotten is the selling price.
Selling price = (100 + percentage profit) x cost price
(100 + 33) x $6.75
133% x $6.75
1.33 x $6.75 = $8.98
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Subsidized Loans & UnSubized Loans
The characteristics of subsidized and unsubsidized loans include:
Subsidized :
Requires financial need Have a lower loan limit Borrower does not pay interestUnsubsidized loans :
Don't require financial need Have higher loan limit Borrower pays interest What are subsidized and unsubsidized loans?Subsidized and unsubsidized loans are both types of federal student loans that are offered to eligible students to help pay for the cost of post-secondary education.
Subsidized loans are based on financial need, and the student must demonstrate this need through the FAFSA. In contrast, unsubsidized loans are not based on financial need and are available to all eligible students regardless of their income.
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Which one of these best exemplifies "milking the property"?
A. a firm paying a premium to acquire a competitor
B. a firm demanding a premium to be acquired without a proxy fight
C. a firm with high financial distress paying additional dividends
D. an all-equity firm repurchasing shares
E. a firm with high financial distress using expected dividends to repay debt
C. A firm with high financial distress paying additional dividends
What is milking?
Milking is the strategy in which the short term revenues are given higher priority than the long term revenues.
So paying an extra dividend will be an example of milking the property.
What Is Financial Distress?
When a strategy is called "milking," short-term revenue is prioritized over long-term revenue.
Therefore, increasing the payout will serve as an illustration of milking the asset.
Financial distress: What Is It?
When a business or individual is in financial hardship, it means that they are unable to satisfy their financial responsibilities because they are not able to create enough revenue or money. This is typically caused by high fixed expenditures, a high percentage of illiquid assets, or revenue sources that are susceptible to economic downturns. Individuals may experience financial difficulty due to bad spending habits, excessive debt loads, lawsuits, or job loss.
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Answer:
the answer is C
Explanation:
.... ....
How are private and public companies alike
Royal Decking has five products in its inventory. Information about the December 31, 2021 inventory is below:
Product Cost Sales Price
A $40 $60
B 80 100
C 40 80
D 100 130
E 20 30
A) Selling costs include a sales commission equal to 20% of selling price and shipping costs equal 10% of cost. What per unit value should Royal Decking use for each of its products when applying LCNRV?
B) If Royal has 1,000 units of each product, what should total inventory be on the balance sheet if the company applies LCNRV at the product level?
Answer:
Royal Decking
A) Per unit value for each of Royal Decking's products, applying LCNRV:
Product Cost Sales Price NRV LCNRV
A $40 $60 $44 ($60 - 12 - 4) $40
B 80 100 $72 ($100 - 20 - 8) $72
C 40 80 $60 ($80 - 16 - 4) $40
D 100 130 $84 ($130 - 26 - 10) $84
E 20 30 $22 ($30 - 6 - 2) $20
B. Total Inventory on the balance sheet is:
$256,000
Explanation:
a) Data and Calculations:
Ending Inventory at December 31, 2021:
Product Cost Sales Price NRV LCNRV Inventory value
A $40 $60 $44 ($60 - 12 - 4) $40 $40,000
B 80 100 $72 ($100 - 20 - 8) $72 $72,000
C 40 80 $60 ($80 - 16 - 4) $40 $40,000
D 100 130 $84 ($130 - 26 - 10) $84 $84,000
E 20 30 $22 ($30 - 6 - 2) $20 $20,000
Total inventory value $256 $256,000
= ($256 * 1,000)
Selling costs = 20% of selling price
Shipping costs = 10% of cost
Answer:
Explanation:
To get the NRV we should proceed with this formula.
Selling price ($60)x(20%) = 12.
60-12 = 48
Cost ($40)x(10%) = 4.
40-4 = 36
Then we do this.
48 + 36 = 84
Then we subtract this number from the original cost number.
84 - 40 = 44
So the NRV of A is 44.
I am not a professor but this is the way I can teach and using this method I got my question correctly. Do the rest yourself following this example.
Which of the following is not an important factor to assess when identifying appropriate precedent transactions?
Answer:
how to answer that ?????
The factor that is not important for the identification of precedent transactions is Accretive/dilutive effect of the transaction on the acquirer. Thus, option 2nd is correct.
What is precedent transaction?Precedent transaction refers to the valuation process of the price being paid for the similar companies in the past is taken into account as a gauge of a valuation of company's value.
An estimation of a share's value in the event of an acquisition is produced through precedent transaction analysis. It is the limitation of the precedent transaction that past cost may not reflect the prevailing conditions of the market.
Therefore, it can be concluded that The accretive or dilutive effect of the acquisition on the acquirer is a criterion that is not crucial for identifying prior transactions. Hence, option 2nd is correct.
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Your question is incomplete, but most probably the full question was...
Which of the following is not an important factor to assess when identifying appropriate precedent transactions?
1) Transaction rationale
2) Accretive/dilutive effect of the transaction on the acquirer
3) Transaction size
4) Industry & financial characteristics
Based on the graph, how many people are willing to work when the government of a country raises the minimum wage from $17 to $25?
A. 9
B. 12
C. 16
D. 19
E. 28
Answer:
Post Test: Government
Economics
Question #5
Based on the graph, how many people are willing to work when the government of a country raises the minimum wage from $17 to $25?
Answers:
A. 9
B. 12
C. 16
D. 19
E. 28
__________________________________________________________
The 100% correct answer is:
E. 28
Explanation:
I took the test and this is 100% it
Hope this helped
Kampus Corporation had the following eight investment transactions or events:
Jan 1 Purchased Argon Co. bonds for $10,000 cash. (Purchase is considered a short-term investment in available-for-sale (AFS) debt securities.)
Jan 3 Purchased 1,200 shares of Elmer, Inc. for $36,000 cash. (Purchase is considered a long-term stock investment with insignificant influence.)
Mar 31 Received cash dividend of $0.25 per share from Elmer, Inc.
Jun 1 Purchased 5,000 shares of Logan, Inc. for $60 per share. These shares represent a 40% ownership in Logan, Inc.
Sep 30 Received cash dividend of $2 per share from Logan, Inc.
Dec 31 Logan, Inc. reported net income of $150,000 for the year.
Dec 31 As of December 31, the Argon Co. bond had a fair (market) value of $12,000.
Dec 31 As of December 31, the Elmer, Inc. stock had a fair (market) value of $25 per share.
Required:
Prepare the journal entries Kampus Corporation should record for these transactions and events.
Answer:
Kampus Corporation
Journal Entries:
Jan 1 Debit Bonds Receivable (Argon Co.) $10,000
Credit Cash $10,000
To record a short-term investment in available-for-sale (AFS) debt securities.)
Jan 3 Debit Investments (Long-term) in Elmer, Inc. $36,000
Credit Cash $36,000
To record the long-term investment (1,200 shares of Elmer, Inc. at $30 each.)
Mar 31 Debit Cash $300
Credit Dividend Received $300
To record dividend received from Elmer's investment
($0.25 per share of 1,200 shares).
Jun 1 Debit Investment in Logan, Inc. $300,000
Credit Cash $300,000
To record the investment in 5,000 shares of $60 per share, representing a 40% equity ownership.
Sep 30 Debit Cash $10,000
Credit Investment in Logan, Inc. $10,000
To record dividend received from investment in Logan, Inc. ($2 per share of 5,000 shares).
Dec 31 Debit Investment in Logan, Inc. $60,000
Credit Retained Earnings $60,000
To record 40% share of the Net income of $150,000 in Logan, Inc.
Dec 31 No Journal Required: Argon Co. bond had a fair (market) value of $12,000.
Dec 31 Debit Unrealized Loss from Investment in Elmer, Inc. $6,000
Credit Investment in Elmer, Inc. $6,000
To record $5 lost in the (market) value of $25 per share.
Explanation:
a) Data and Analysis:
Jan 1 Bonds Receivable (Argon Co.) $10,000 Cash $10,000
a short-term investment in available-for-sale (AFS) debt securities.)
Jan 3 Investments (Long-term) in Elmer, Inc. $36,000 Cash $36,000 1,200 shares of Elmer, Inc. at $30 each.
Mar 31 Cash $300 Dividend Received $300
$0.25 per share of 1,200 shares.
Jun 1 Investment in Logan, Inc. $300,000 Cash $300,000
5,000 shares of $60 per share, represent a 40% ownership.
Sep 30 Cash $10,000 Dividend Received $10,000
$2 per share of 5,000 shares.
Dec 31 Investment in Logan, Inc. $60,000 Retained Earnings $60,000
40% share of the Net income of $150,000 in Logan, Inc.
Dec 31 No Journal Required: Argon Co. bond had a fair (market) value of $12,000.
Dec 31 Unrealized Loss from Investment in Elmer, Inc. $6,000 Investment in Elmer, Inc. $6,000 (market) value of $25 per share.
Another term for "food poisoning" is:
Shigella
Food virus
Super virus
Norovirus
Answer:
Norovirus
Explanation:
Noroviruses are the number one source of foodborne disease. However, certain germs and chemicals could also contribute to foodborne diseases. Norovirus disease is also not connected to the influenza virus that is caused by it. Also, the food poisoning arise from eating outside foods or we can say junk foods
Therefore according to the given scenario food poisoning is related to the norovirus. So, the correct option is Norovirus
.
The HASF Company has an annual plant capacity of 50,000 units. Predicted data on sales and costs are given below.
Answer:
Down Below
Explanation:
If the HASF Company has an annual plant capacity of 50,000 units and produces to the capacity of 50,000, then the sales will be at the highest margin.
Miller Park Stadium Project Case Study
Answer:
what about it lol there's no question
Write the quadratic equation in standard form that corresponds to the graph shown below.
The quadratic equation of the graph in standard form is y = x² + 2x - 8
What is a quadratic equation in standard form?A quadratic equation in standard form is given by y = ax² + bx + c
Given the graph below, to write the quadratic equation for the graph in s tandard form, we notice that the graph has two x - intercepts at
(-4, 0) and(2, 0)The x - intercepts are the roots of the quadratic equation.
So, we have that
x = -4 andx = 2So,
x + 4 = 0 andx - 2 = 0So, the factors of the quadratic equation are
x + 4 andx - 2So, multiplying the factors, we have that the equation is
y = (x + 4)(x - 2)
= x² - 2x + 4x + 4 × (-2)
= x² - 2x + 4x - 8
= x² + 2x - 8
So, the quadratic equation is y = x² + 2x - 8
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00 For Market failures means that the market has not achieved its optimum production outcome. This means that it has not produced the correct quantity of goods and services. QUESTION 1 Conduct a research to any small business that is manufacturing goods in your community. Make an appointment to interview the owner for the purpose of collecting the information using the questionnaire below. 1.1 General information: ● Name of the firm / business Specify the type of goods or service ● ● Position of the person interviewed ● Date of the interview 1,2 Explain briefly the negative impact the following factors have in your business. (10) Lack of information: ● Price discrimination Immobility of factors of production with special reference to: Physical capital Structural changes ● ● (1) ● (1) (1) (1) [14] QUESTION 2: Interview 3-4 community members that reside near the business you have visited. 2.1 Ask them to name any TWO negative externalities and TWO positive externalities caused by the local business, (2 x 2) (4) 2.2 Request them to list any TWO characteristics of public goods. (2 x 1) (2) 2.3 Use the negative externality and positive externality graphs to explain the impact this business have to the society (10) [16]
The first step in researching a small business in your neighborhood is to find a suitable nearby manufacturing company.
Once you do, contact the manager or owner to arrange an interview. Gather general information during the interview, such as the name of the company or business, what types of products or services they provide, the interviewer's position, and the time and date of the interview.
Then, focus on the detrimental effects different situations can have on the company. Briefly describe the impact on business of informational gaps, price discrimination, immobility of production variables (with a focus on physical capital), and structural changes.
Interview three to four locals who live close to the establishment you just visited. Ask them to list two unfavorable and two beneficial externalities brought about by the neighborhood business. Ask them to add two properties of public goods to the list as well.
Finally, use the data from the interviews to create graphs showing the positive and negative externalities of business on society. These infographics will graphically describe the costs and benefits that the company's neighborhood has.
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What do researchers mean by "secondary data"?
OA. Data collected after any research to gather primary data
OB. Data considered less important than primary data
OC. Data collected specifically for the researcher's own study
OD. Information from research already conducted for another purpose
The statement do researchers mean by "secondary data" is: OD. Information from research already conducted for another purpose.
What is secondary data?Government papers, scholarly publications, surveys, databases and other previously done research are just a few examples of the sources from which secondary data may be derived.
To find answers to their own research questions or to obtain new insights into a particular area of interest, researchers analyse and interpret this current data. Researchers might avoid spending the time and money necessary for gathering primary data by employing secondary data instead.
Therefore the correct option is D.
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A five-sided lot has the following dimensions: side A = 44', side B = 67', side C = 91', side D = 18', and side E = 55'. What is the perimeter of the lot?
Answer:
275
Explanation:
You will add all the figures;that is;44+67+91+18+55=275
As a student of Business Ethics and a managing director of a multinational company, discuss five (5) factors you will consider in managing the multi-cultural and diversified workforce in Ghanaian business organizations.
Communication, ethics, conflict management, learning, and inclusion are some issues to consider when leading a multicultural and diversified workforce in Ghanaian business organizations.
How do you lead a multicultural team?In order to foster a culture that celebrates variety and individuality, it is crucial that there be a number of rules and procedures that concentrate on organizational ethics. The manager must be aware of the requirements of the teams, encourage learning, and include the staff in organizational procedures.
Therefore, the sharing of knowledge, learning, and creativity can benefit from a diverse culture.
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fill in the blank. the ann taylor chain of stores has a problem with ____from its sister chain ann taylor loft, whose sales have surpassed the the original ann taylor stores and have made it harder for them to reach their target customers.
The Ann Taylor chain of stores has a problem with cannibalization from its sister chain, Ann Taylor Loft, whose sales have surpassed the original Ann Taylor stores and have made it harder for them to reach their target customers.
What is Cannibalization?Cannibalization occurs when sales of one product or brand reduce the sales of another product or brand from the same company.
In this case, the sales of Ann Taylor Loft are "eating into" the sales of the original Ann Taylor stores, causing a loss of market share and potential profits.
Therefore the statement that filled the gap is Cannibalization.
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Over the past four years, Hashwari Corporation reported sales revenue and warranty expense as follows.
2016 2017 2018 2019
Sales revenue $5,000,000 $5,200,000 $5,382,000 $5,704,920
Warranty expense 105,200 104,100 118,500 108,400
We wish to reformulate the income statement to reflect a constant proportion of warranty expense to sales over the four-year period. What is our warranty expense adjustment for each year?
Answer:
Missing word "Average warranty to sales rate is 2.05%"
Adjusted expense and Adjustment required
2014 2015 2016 2017
Sales revenue $5,000,000 $5,200,000 $5,382,000 $5,704,920
Average warranty to sales rate 2.05% 2.05% 2.05% 2.05%
Adjusted warranty expense $102,500 $106,600 $110,331 $116,951
Actual warranty expense $105,200 $104,100 $118,500 $108,400
Adjustment required -$2,700 $2,500 -$8,169 $8,551
Can you fully solve the picture provided
If the income is $9 and the prices or X and Y are $2 and $1, the quantities of each that will be purchased will be 2 units of X and 5 units of Y.
The total utility is 105.
When the other things remain unchanged and the price of X is $1, the quantities of X and Y to be purchased will be 4 units of X and 5 units of Y.
What is utility maximization?The idea behind utility maximization is that people and organizations should aim to get the most happiness possible out of their financial choices. Utility maximization is a crucial idea in consumer theory because it demonstrates how customers choose how to distribute their income.
It should be noted that the total utility was calculated as:
= (23 + 16) + (18 + 16 + 14 + 10 + 8)
= 105
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What is the definition of gross income?
Gross income refers to the total income earned by an individual, business, or entity before any deductions or expenses are subtracted.
Gross income is typically calculated on an annual basis, representing the total income earned over a specific period, usually a fiscal year. It serves as a starting point for determining taxable income, which is the amount on which taxes are assessed.
It is important to note that gross income does not account for any deductions or expenses, such as taxes, operating costs, depreciation, or other business expenses. These deductions are subtracted from the gross income to arrive at the net income or taxable income, which is the actual amount on which taxes are levied.
For individuals, gross income includes wages or salaries earned from employment, income from self-employment or freelancing, rental income, investment income, and other sources. It is reported on the individual's tax return and is used to determine their tax liability.
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Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2
The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1
To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.
Here's how to calculate the marginal product for each worker:
Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.
Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.
Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.
Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.
Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.
Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.
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Question 16 of 30 < > View Policies Current Attempt in Progress Sheridan makes child-size backpacks for a total cost of $10 per unit ($6 per unit variable cost and $4 per unit fixed cost) and a unit selling price of $15. The company has been recently contacted by a local nonprofit to make the 580 child-size backpacks for a unit selling price of $10 per unit. Sheridan currently has available capacity to make and sell the 580 units without adding additional production capacity. What should Sheridan do regarding the special order proposal from the local nonprofit and why? -/1 E O Accept the special order since it is being performed for a nonprofit cause, and the $5 loss can be written off as a charitable contribution. O Reject the special order since the company would lose $5 per unit. O Accept the special order since it will increase operating income by $2320 or $4 per unit for 580 units. O Reject the special order since the special-order price is equal to the total cost to make. Save for Later Attempts: 0 of 1 used Submit Answer
Sheridan should reject the special offer because the special order price is equal to the total cost to make.
What is a non-profit organization?A non-profit organization is described as an organization that does not operate with the intention of earning profit. Instead, the organization works for a cause with dedication, and it can be any social cause.
In this scenario, Sheridan generates $5 by selling every child-sized backpack it makes. It is important to highlight that the variable cost is $6 and the fixed cost is $4. Hence, the $5 profit is essential because Sheridan is not a non-profit company. Sheridan does require a $5 profit on every product to operate sustainably. However, the offer from the non-profit organization does not allow Sheridan to earn any profit on the order of 580 backpacks.
It can be concluded that Sheridan should reject the special offer because the special order price is equal to the total cost to make.
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Question 1 (5 marks) Maximum word count: 100 words 4 Due to an increased advertising effort about the positive effect of activated charcoal in beauty products, consumers in South Africa are eage to buy beauty products that contain this ingredient. Explain how this will affect the market for activated charcoal. You are allowed to use a diagram to explain your answer, but you will only be allocated marks for the correct verbal explanation.
The answer is, The market for activated charcoal will expand as a result of increased demand for beauty products containing this ingredient, leading to higher prices and greater quantities supplied.
The reasons for this to happen are-
The market for activated charcoal will change as a result of the rise in demand for cosmetics incorporating activated charcoal in South Africa.The demand curve for activated charcoal will change to the right, indicating a rise in demand across the board.Also, Between 2022 and 2028, the market for global charcoal beauty products is predicted to grow significantly. The market is estimated to increase during the anticipated time frame in 2021 because major companies are adopting strategies at an increasing rate.The result for this increased demand would be-Customers will be increasingly inclined to pay more for these goods as they become more aware of the advantages of activated charcoal in beauty products.
To satisfy the greater level of demand, producers will raise their output of activated charcoal in response to the rise in demand.
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True or False: Your personal brand statement will be wording that is unique to you
and that clearly describes your strengths, passions, and who you plan to serve.
True
False
Answer:
True
Explanation:
You work for an architectural firm where your job involves designing buildings and writing computer code for the building plans. How does your decision to invest in on-the-job training affect your ability to do your job
Answer:
Your decision to do on-the-job training will affect positively your ability to do your job, and your productivity.
At first, productivity might be lower than expected because part of time on the job will be spent training. However, as you make progress over the learning curve, productivity will rise because you will have become more knowledgeable.