fixed expenses are $55,000 per month. the company is currently selling 1,000 units per month. required: the marketing manager would like to cut the selling price by $6 and increase the advertising budget by $2,700 per month. the marketing manager predicts that these two changes would increase monthly sales by 100 units. what should be the overall effect on the company's monthly net operating income of this change? show your work!
Answers
The overall effect on the company's monthly net operating income would be an increase of $4,500. Here is the solution:
To determine the overall effect on the company's monthly net operating income, we need to consider the changes in revenue and expenses resulting from the proposed adjustments.
To determine the overall effect on the company's monthly net operating income, we need to calculate the change in revenue and expenses resulting from the proposed changes.
Current revenue: Selling price per unit * Number of units sold
Current revenue = (Selling price - $6) * 1,000 units
Proposed revenue: Selling price per unit * Number of units sold after the change
Proposed revenue = Selling price * (1,000 + 100) units
Change in revenue = Proposed revenue - Current revenue
Current expenses: Fixed expenses
Current expenses = $55,000
Proposed expenses: Fixed expenses + Advertising budget increase
Proposed expenses = $55,000 + $2,700
Change in expenses = Proposed expenses - Current expenses
Overall effect on net operating income = Change in revenue - Change in expenses
Worked Example:
Current revenue = ($6 - $6) * 1,000 = $0
Proposed revenue = ($6) * (1,000 + 100) = $7,200
Change in revenue = $7,200 - $0 = $7,200
Current expenses = $55,000
Proposed expenses = $55,000 + $2,700 = $57,700
Change in expenses = $57,700 - $55,000 = $2,700
Overall effect on net operating income = $7,200 - $2,700 = $4,500
Therefore, the overall effect on the company's monthly net operating income would be an increase of $4,500.
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Related Questions
anybody can help with this too ??
Answers
Answer:
1. The three types of business mentioned are – Manufacturing, Retail store and School
2. She means that whenever there is loss both Ashley’s father and aunt get tensed.
3. They sell their product on sale to increase the revenue
4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment
Explanation:
1. The three types of business mentioned are – Manufacturing, Retail store and School
2. She means that whenever there is loss both Ashley’s father and aunt get tensed.
3. They sell their product on sale to increase the revenue
4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment
TRUE OR FALSE: A mathematics professor at a university would fall under both the Education and Training career cluster and the STEM career cluster.
Answers
Explanation: none
XXX preferred stock pays an annual dividend of $1.25 per share.
What is the value of the preferred stock if your required rate of
return is 9%?
Answers
The value of a stock refers to the estimated worth or price of a single share of the stock in the financial market. The value of the preferred stock is approximately $13.89.
The value of preferred stock is calculated using the formula for the present value of a perpetuity, which takes into account the annual dividend per share and the required rate of return. In this case, the preferred stock pays an annual dividend of $1.25 per share, and the required rate of return is 9%. By dividing the dividend per share by the required rate of return, we can calculate the value of the preferred stock. Therefore, the value of the preferred stock is approximately $13.89. This represents the estimated worth of the preferred stock based on the given dividend and the required rate of return. Investors can use this value to assess the attractiveness of the investment and make informed decisions.
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Suppose the cross-price elasticity of demand between hot dogs and mustard is -2. 50. This implies that a 25 percent increase in the price of hot dogs will cause the quantity of mustard purchased to. Fall by 62. 5 percent since the goods are complements. Fall by 62. 5 percent since the goods are substitutes. Fall by 10 percent since the goods are complements. Fall by 10 percent since the goods are substitutes
Answers
A 25 percent increase in the price of hot dogs will cause the quantity of mustard purchased to fall by 62.5 percent since the goods are complements.
The cross-price elasticity of demand measures the responsiveness of the quantity demanded of one good to a change in the price of another good. A negative cross-price elasticity indicates that the goods are complements, meaning they are consumed together.
In this case, a cross-price elasticity of -2.50 implies that a 1 percent increase in the price of hot dogs leads to a 2.50 percent decrease in the quantity of mustard purchased. Therefore, a 25 percent increase in the price of hot dogs will result in a 25 * 2.50 = 62.5 percent decrease in the quantity of mustard purchased.
Hence, the correct statement is that a 25 percent increase in the price of hot dogs will cause the quantity of mustard purchased to fall by 62.5 percent since the goods are complements.
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why is channel management important for successful marketing
Answers
Answer:
Explanation:
Because it helps many people in this which is similar to a Marketing.
when consumed, many goods and services have an impact on other people not using the product. Which word describes this impact ?
A. appreciation
B. depreciation
C. externality
D. inflation
Answers
Answer:
Explanation:
depreciation
When consumed, many goods and services have an impact on other people not using the product. Depreciation word describes this impact. The correct option is B.
What does it mean to deprecate a product?Application developers who have already subscribed to a product may still use it after it is deprecated, but no new developers may do so. We disapprove of this use of company funds for political activities. to say that you disapprove of something.
In order to maintain backward compatibility and give programmers time to bring affected code into compliance with the new standard, features are deprecated rather than immediately removed. The following are some of the primary causes of depreciation: A more potent substitute feature has taken the place of the former feature.
Thus, the ideal selection is option B.
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vikander is studying the use of employee evaluations in determining salary and promotion decisions. he believes that the evaluations are unlikely to play a significant role and are more likely to reflect favoritism and to be used to keep employees docile. the sociological perspective vikander is most likely using is
Answers
The sociological perspective vikander is most likely using is Conflict theory. Hence, option B is correct.
What is Conflict theory?Karl Marx first proposed the conflict theory, which holds that society is perpetually at battle with itself for limited resources. Conflict theory holds that dominance and power, as opposed to agreement and conformity, maintain social order.
The effects of global capitalism on inequality and power. Pay differences based on gender and race. The 2008 financial crisis, when the government bailed out large corporations and banks.
Thus, option B is correct.
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The options are missing-
a) functionalist theory
b)conflict theory
c)feminist theory
d)symbolic interaction theory
e)organizational change theory
The cost structures of a monopoly have ____________ relationships among fixed costs, variable costs, marginal costs, and average cost values as pure competition.
Answers
The cost structure of the monopoly have the same relationship.
A monopoly is a single corporation that controls an industry. A monopoly can form organically or be imposed by the government for certain reasons. A corporation, on the other hand, might obtain or retain a dominant position by unfair actions that limit competition and deprive customers of choice.
A monopolist produces less and sells it for more than a completely competitive enterprise. The customers who desire the monopolist's output pay a high price for the monopolist's actions. The limiting of industry production is the primary cost of monopoly.
As a result, monopolistic cost structures exhibit the same correlations between fixed costs, variable costs, marginal costs, and average cost values as pure competition.
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What is a good incident management strategy to use when a support agent does not know the answer to a question?
Answers
Self-reliance is a good incident management strategy to use when a support agent does not know the answer to a question.
Management strategies, at their maximum boiled down, are a sequence of techniques for controlling and directing a commercial enterprise to gain a hard and fast of predetermined desires. They encompass strategies for goal-placing, leadership, commercial enterprise management, and operational sports.
Management strategy sets a path for the employer and its personnel. not like once-and-achieved strategic plans, powerful strategic management continuously plans, video display units, and assessments an agency's sports, resulting in greater operational efficiency, marketplace proportion, and profitability.
Strategic planning also referred to as management strategy, is the system of growing a plan to reap goals. For example, a sales crew that comes up with a camping approach for attaining new clients to reap quarterly income objectives.
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Under the Rusch Factors doctrine, to which of the following parties will an accountant be liable for negligence?
A. Only parties in privity and not those reasonably foreseeable third parties.
B. Both parties in privity and reasonably foreseeable third parties.
C. Only reasonably foreseeable third parties and not those parties in privity.
D. Neither reasonably foreseeable third parties nor parties in privity.
Answers
Under the Rusch Factors doctrine, an accountant will be liable for negligence to both parties in privity and reasonably foreseeable third parties.
The Rusch Factors doctrine broadens the accountant's liability by extending it to reasonably foreseeable third parties, in addition to parties in privity. Privity refers to a contractual relationship or direct connection between the accountant and the client for whom the services were performed. Traditionally, accountants were only held liable to parties in privity, limiting their exposure to potential claims.
However, the Rusch Factors doctrine recognizes that accountants' work may be relied upon by third parties who have a reasonable expectation that the accountant's services will be accurate and reliable. If these third parties suffer harm due to the accountant's negligence, they can seek legal recourse under this doctrine.
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What can you get with a 750 credit score?
Answers
With a 750 score, you'll have access to credit cards with some of the best perks. These include no annual fees, sign-up bonuses and travel rewards. You'll probably also qualify for higher credit limits, giving you more options for spending throughout every month.
What is credit?Credit is the customer's ability to purchase products or services before making a payment, based on the expectation that they will have the means to pay for them in the future.Credit is a sum received that is displayed on the right side or column of an account in an entry recording for accounts.Your financial strength contributes to the credit. With the knowledge that you may make payments later, you can obtain what you need right away, like a credit card or a car loan. Making a plan to improve your mortgage ensures that you will ask for credit if necessary.The many financial reporting agencies that the borrowers use to determine the worth of the loan use your statement as the foundation to calculate your credit score.To learn more about credit refer to:
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establishing selling prices based on the economic worth of benefits their goods and servies provide to customers is the basis of
Answers
Answer: Value based Pricing
Explanation:
Value based pricing refers to the method of pricing in which companies value their products depending on the perceived economic worth of benefits their goods and services provide to customers.
In other words it is customer based pricing that focuses on what the customer believes the products are worth. For this reason, this valuation type method is best for companies that offer a unique experience that consumers feel they cannot get anywhere else and so will value the products quite highly. An example would be Apple products.
Explain how making this substitution affects each of the
following instructions:
add $9, $8, $7
sw $4,16($2)
beq $3, $11, exit ; the label "exit" corresponds to address
0x400BD000
Answers
The substitution of `$4` for `$5` affects each of the given instructions as explained below:
add $9, $8, $7Substituting `$4` for `$5` does not affect this instruction. It will still add the contents of registers `$8` and `$7`, then store the result in register `$9`.sw $4,16($2)This instruction will be affected by the substitution. `$4` will be stored at memory address `$2+16`, which is the same as `$2+0x10` in hexadecimal notation. Thus, `$5` will be stored at the memory location `$2+16` rather than `$2+20`.beq $3, $11, exit the label "exit" corresponds to address 0x400BD000This instruction will also be affected by the substitution. The label "exit" will correspond to memory address `0x400BD000`. Therefore, the instruction will compare the contents of registers `$3` and `$11`, and if they are equal, the program will branch to memory address `0x400BD000`. However, this address will not be the actual address of the exit label due to the substitution. Thus, the branch will go to a different memory address that corresponds to the new location of the exit label after the substitution has been made.
About SubstitutionSubstitution are goods that can be exchanged for other products. Substitute goods are goods that are the same as other products. In a sense, substitute goods can be an alternative to the main product you are looking for. This one element can be considered in business strategy. What is meant by substitution? Substitution is the process of replacing a language element by another element to produce a distinguishing element or to explain a certain element. Substitution has the same structural function as what it replaces and can be replaced by interpretation items.
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What is the price elasticity of supply when the price rises from $2 to $4
Answers
But the formula is
PES = %change in quantity supplied / % change in price
What percentage of sales revenue goes to the cost of sales for the XYZ company? XYZ offers salary plus commission and bonuses for sales personnel who reach their sales quotas. It has eight salespeople, each earning a base salary of $45,000 plus a 2-percent commission on sales. Sales were $3 million, and bonuses totaled $30,000 for the year.
Answers
The sales revenue would be gotten as 15 percent
How to solve for the sales revenueTo find the percentage of sales revenue that goes to the cost of sales for the XYZ company, we need to calculate the total cost of sales, which would include the cost of goods sold as well as any other direct costs associated with generating the sales, such as commissions paid to salespeople.
In this case, the cost of sales would be:
$45,000 (base salary for each salesperson) x 8 (number of salespeople) = $360,000 (total base salary for sales team)
$3,000,000 (total sales) x 2% (commission rate) = $60,000 (total commission paid to sales team)
$360,000 + $60,000 + $30,000 (bonuses) = $450,000 (total cost of sales)
To find the percentage of sales revenue that goes to the cost of sales, we divide the total cost of sales by the total sales revenue and multiply by 100:
$450,000 / $3,000,000 x 100 = 15%
So, the percentage of sales revenue that goes to the cost of sales for XYZ company is 15%.
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a machine that cost $494,000 has an estimated residual value of $19,000 and an estimated useful life of 19,000 machine hours. the company uses units-of-production depreciation and ran the machine 4,000 hours in year 1, 6,000 hours in year 2, and 6,000 hours in year 3.
Answers
The depreciation on the machine is $100,000 in year 1, $150,000 in year 2, and $150,000 hours in year 3. The remaining machine hours life is 3000 hours.
What is depreciation?Depreciation is a sunk cost which incurred due to ordinary wear or tear in tangible asset after the made ready to use and the owner lies ownership rights over it.
Under machine hours life the depreciation on such asset can be ascertained by the use of machine hours instead of useful life in years.
The given answer find as follows:
a) Cost of a machine = $494,000.
b) Estimated residual value = $19000.
c) Useful life = 19000 Machine hours.
Formula for calculating depreciation on the basis of Machine hours:
Depreciation for the year = (Value in use × Machine hours spend) ÷ Remaining useful life hours.
By using the above formula ascertain the value of Depreciation for each financial year:
a) Year 1 machine 4,000 hours:
Depreciation = ($494,000 - $19,000) × 4,000 / (19,000) = $100,000.
b) Year 2 machine 6,000 hours:
Depreciation = ($494,000 - $19,000) × 6,000 / (19,000) = $150,000.
c) Year 3 machine 6,000 hours:
Depreciation = ($494,000 - $19,000) × 6,000 / (19,000) = $150,000.
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Choose a country other than the United States— maybe a country you would like to visit someday, or a country that speaks a language you have learned or that someone you know speaks.
Respond to the following:
1.Research the real GDP per capita of that country and compare it to the real GDP per capita of the United States.
2.Explain how the costs of production and the standard of living for residents of the two countries might be different based on the different values for real GDP per capita.
Answers
The comparison that would be made here is the Real GDP of the United States and that of Ni/geria per capita in the year 2021. The US has the real GDP per capita as 69,287.54 USD, while Ni/geria has theirs as 2,085.03 USD.
The cost of production is low in USA nd high in Ni/geria
The standard of living is high in USA and very low in Ni/geria
The standards of living in these nationsFrom the figure that we have here, even though the figure for Ni/geria is a bit exaggerated, I would say that the United States has been able to create a system where the people have a better standard of living by creating all of the means that businesses would thrive.
The cost of production in the USA would be lower and the standard of living would be high obviously.
In Nigeria, the cost of production id high and the standard of living is very low for the people
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a producer of fine chocolates believes that the sales of two varieties of truffles differ significantly during the holiday season. the first variety is milk chocolate while the second is milk chocolate filled with mint. it is reasonable to assume that truffle sales are normally distributed with unknown but equal population variances. two independent samples of 18 observations each are collected for the holiday period. a sample mean of 12 million milk chocolate truffles sold with a sample standard deviation of 2.5 million. a sample mean of 13.5 million truffles filled with mint sold with a sample standard deviation of 2.3 million. use milk chocolate as population 1 and mint chocolate as population 2. which of the following are the appropriate hypotheses to determine if the average sales of the two varieties of truffles differ significantly during the holiday season?
Answers
A producer of fine chocolates believes that the sales of two varieties of truffles differ significantly during the holiday season. the first variety is milk chocolate while the second is milk chocolate filled with mint. it is reasonable to assume that truffle sales are normally distributed with unknown but equal population variances. two independent samples of 18 observations each are collected for the holiday period. a sample mean of 12 million milk chocolate truffles sold with a sample standard deviation of 2.5 million. a sample mean of 13.5 million truffles filled with mint sold with a sample standard deviation of 2.3 million. use milk chocolate as population 1 and mint chocolate as population 2. which of the following are the appropriate hypotheses to determine if the average sales of the two varieties of truffles differ significantly during the holiday season?
A standard deviation (or σ) is a degree of the way dispersed the information is when it comes to the imply. Low general deviation means statistics are clustered around the mean, and high popular deviation shows statistics are more unfold out.
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For each of the items indicate whether its amount affects the bank or book side of a bank reconciliation and is an addition or a subtraction in a bank reconciliation and whether an adjusting journal entry is required: Bank or Book Addition or Subtraction Adjusting entry required Items a. Interest on cash balance b. Bank service charges c. Minimum balance bank fee d. Outstanding checks e. Collection of note by bank f. NSF checks g. Outstanding deposits
Answers
A bank reconciliation is a critical accounting record that helps you keep track of your bank accounts. It compares your records of transactions with your bank's records of transactions in your bank statement.
Bank reconciliation is a process used to compare the balances in a company's accounting records to the balances shown on its bank statements. The purpose of a bank reconciliation is to identify any discrepancies or differences between the two sets of balances and to reconcile them so that the company's financial records accurately reflect its actual cash balance.
The bank reconciliation process typically involves comparing the company's recorded deposits, withdrawals, and other transactions with those shown on the bank statement, and identifying any discrepancies. These discrepancies may be due to timing differences, errors in recording transactions, or other factors.
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more recently, apple has leveraged its itunes platform as a distribution channel to launch a new subscription service. just nine months after launching the apple music, the firm had attracted over 13 million paying subscribers to its streaming service. group of answer choices true false
Answers
The statement "more recently, apple has leveraged its itunes platform as a distribution channel to launch a new subscription service. just nine months after launching the apple music, the firm had attracted over 13 million paying subscribers to its streaming service." is true. Apple has leveraged its iTunes platform as a distribution channel to launch its subscription service, Apple Music.
Apple has indeed leveraged its iTunes platform as a distribution channel to launch a new subscription service called Apple Music. Just nine months after launching Apple Music, the firm had attracted over 13 million paying subscribers to its streaming service. This shows the effectiveness of using a well-established distribution channel like iTunes to launch a new product or service.
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the types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy are
Answers
The types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy
are those that operate in different industries or have diverse product/service offerings. These companies can bring complementary expertise, resources, and customer bases to the acquiring company, reducing its reliance on a single industry or market. By diversifying into unrelated industries, the acquiring company can mitigate risks associated with economic fluctuations or industry-specific challenges, and potentially unlock new growth opportunities. Additionally, acquiring companies with strong management teams, established brand recognition, and scalable business models can further enhance the attractiveness of such acquisition targets for unrelated diversification strategies.
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how has mariam’s experience in prison changed her as a person?
Answers
Mariam’s experience in prison changed her as a person, and this can be seen through different aspects of her life. She develops from a submissive girl into a courageous woman who can stand for herself.
Mariam’s prison experience makes her mature quickly as she sees the world with a new set of eyes that offer her an insight into life she had never considered before. She learns that life can be cruel, and it is full of hardships and obstacles that one has to overcome to be successful. This knowledge strengthens her and makes her a better person.Being in prison has also taught Mariam to be patient. In prison, she learns how to live with others, and it teaches her that everyone is different, and people have different perspectives. In the end, Mariam learns to forgive herself and others, and she moves on with her life with newfound strength and vigor.
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beta corporation owns assets valued at $1,500,000 with liabilities of $700,000, and alpha holds assets valued at $350,000 with liabilities of $150,000. beta transfers 200,000 shares of stock and $50,000 cash, and it accepts $100,000 of alpha’s liabilities, in exchange for all of the alpha assets. alpha distributes the beta stock to its shareholders for their alpha stock and then ceases to exist.
Answers
"Type A" reorganization. The transaction does not qualify as a "Type C" reorganization because substantially all of the assets are not acquired with voting stock.
What are liabilities?A liability is anything that a person or organisation owes, usually money. Advances, accruing costs, mortgages, bonds, accounts payable, securities, and deferred revenues are all included in the liabilities section of the asset report.
Liabilities on the balance sheet's right side are represented by debts like as loans, accounts payable, mortgages, deferred revenue, bonds, warranties, and accumulated costs.
A company's liabilities are essential since they are utilised to fund operations and big expansions. They can also speed up business-to-business transactions.
Liabilities reduce your company's worth and equity, but assets create value and enhance equity. The more your assets exceed your liabilities, the better off financially your company is.
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When a company employs statistical tools to reduce the likelihood of a product recall, this best represents what type of decision? process quality supply chain logistics
Answers
When a company employs statistical tools to reduce the likelihood of a product recall, this best represents the process quality decision.
Process quality refers to the management and improvement of the processes involved in producing a product or service. It involves identifying potential areas of improvement and implementing measures to enhance the quality and efficiency of these processes. In the context of a product recall, process quality focuses on identifying and mitigating the factors that can lead to product defects or failures.
By using statistical tools, such as statistical process control (SPC) or Six Sigma methodologies, companies can analyze data and identify patterns or deviations that indicate potential quality issues. These tools help companies monitor the production process in real-time, detect anomalies, and take corrective actions before defective products reach the market.
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Under what circumstance would a country have a comparative advantage in
the production of a certain good?
A. It has a lower opportunity cost for production of that good.
B. It has a more highly skilled work force.
C. It has well-developed industrial capacities.
D. It uses an assembly line to produce that good.
Ap3x
Answers
Answer: [A] It has a lower opportunity cost for production of that good.
Explanation: It has a lower opportunity cost for production of that good. Comparative advantage comes when a country gives up less than others to engage in a particular type of production.
Answer:
It has a lower opportunity cost for production of that good.
Explanation:
Prepare an income statement using the following information for CK Company for the month of February 2019. Sales revenue $26,250
Rental revenue 6,426
Product expense 21,924
Wages expense 7,938
Owner investment 5,040
Equipment purchases 23,520
Utilities expense 756
Taxes expense 168
Answers
The income statement for CK Company for the month of February 2019 is given below
| Income Statement | Amount |
| --- | --- |
| Sales revenue | $26,250 |
| Rental revenue | $6,426 |
| Total Revenue | $32,676 |
| Product expense | $21,924 |
| Wages expense | $7,938 |
| Utilities expense | $756 |
| Taxes expense | $168 |
| Total Expenses | $30,786 |
| Net Income | $1,890 |
The income statement projects that CK Company collected a total revenue of $32,676 in February 2019. The company's total expenses was $30,786 which involves product expense of $21,924, wages expense of $7,938, utilities expense of $756, and taxes expense of $168.
The company's evaluated net income for February 2019 was $1,890 which is solved by subtracting total expenses from total revenue.
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What is an application letter?
A: An application letter is used to apply for a specific job and includes keywords from the job posting.
B: An application letter describes in detail your schooling, work experience, and any other experience.
C: An application letter summarizes your intern experience for potential employers.
D: An application letter is used to inquire about open positions or positions that may open in the near future
Answers
Answer:
A: An application letter is used to apply for a specific job and includes keywords from the job posting.
Explanation:
The application letter is the letter in which the employee apply for the particular job to the employee for expressing the interest in the position posted by the employer.
Also it is known as cover letter
Therefore according to the given options the first option is appropriate for the application letter
Answer:
A: An application letter is used to apply for a specific job and includes keywords from the job posting. (apex)
In 2014, a major ice storm hit the southeastern U.S. The storm brought down power lines and trees, cutting electricity in many areas, making travel difficult, and slowing down repair crews. Heating homes became a major challenge. The storm created shortages of power generators. As a result, those products sold at prices much higher than normal. These high prices provoked cries of "price gouging" and calls on the government to impose price controls to prevent gouging. While no one likes to pay a higher price than normal for something, consider what would have happened with a price ceiling. The economic intuition is revealing. Draw a diagram showing the market for generators with an equilibrium price at $250. Now impose a price ceiling at $200 per generator. What would be the impact of the price ceiling on the quantity demanded? On the quantity supplied? Who would benefit from the price ceiling and who would be harmed? Let the graph guide your thinking. Don't start with your gut reaction! Did the price ceiling help the people it was designed to help? Explain the economic reasoning behind your analysis.
Answers
A price ceiling is a government regulation that restricts how high a price can be charged for a good or service. The impact of a price ceiling can be illustrated by a generator market diagram with an equilibrium price of $250. A price ceiling of $200 would result in a shortage of generators, with the quantity demanded exceeding the quantity supplied.
The people who benefit from the price ceiling are the consumers who purchase generators at the reduced price of $200. This is due to the fact that their expenditure would be lower than the equilibrium price of $250.On the other hand, those who are harmed by the price ceiling are the suppliers of the generators since they are unable to charge the equilibrium price of $250 for their product. The sellers have no reason to produce more generators since they will not be able to recoup their production costs, which include wages and raw materials.
Due to the shortage, some consumers may be willing to pay a higher price than $200 to obtain a generator, but they will be unable to do so due to the price ceiling. Because the price ceiling is inefficient, it does not help the individuals it was created to help. This is due to the fact that the surplus of generators that would have been generated at the equilibrium price of $250 is foregone, and the shortage of generators is created as a result of the price ceiling.
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5) Si tuvieras que hacer un presupuesto de Ingresos y uno de Gastos ¿Cuál harías primero y que te sirva de base para hacer el otro? Explica tu respuesta
Answers
Answer:
Si tuviese que hacer un presupuesto de ingresos y uno de gastos, primero haría el de ingresos. Así, podría tener en cuenta la cantidad de dinero que mes a mes ingresa en mi patrimonio y de esta manera organizar mis gastos teniendo en cuenta no gastar mas dinero del que gano mensualmente.
Si, en cambio, organizara mis gastos antes que mis ingresos, me vería limitado posteriormente a realizar algunos gastos dado que no habría contemplado mi liquidez financiera mensual.
1. Describe how SaksFirst builds loyalty for Saks Fifth Avenue.
Answers
SaksFirst built loyalty for Saks Fifth Avenue by broadening its reach and offering more benefits like:
free membership for cardholders without minimum spending earning points toward SaksFirst card with first purchases and free shipping from Saks stores.How do brands build loyalty?Customers only continue to buy or patronize a brand if they feel they can trust the company, this is brand loyalty. Loyalty can be achieved through engaging customers, being reliable, keeping the price reasonable and incentives.
In the case of SaksFirst, they built loyalty by offering free memberships to Saks Fifth avenue customers, giving points for first card purchase and free shipping.
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