Playstations and playstation games are complementary goods. a technological advance in the production of playstations will

Answers

Answer 1

Playstations and playstation games are complementary goods. a technological advance in the production of playstations will likely lead to an increase in the demand for Playstation games.

This is because the increased production of Playstations will likely result in lower prices for the consoles, making them more affordable and accessible to more people. As a result, more people will be able to purchase Playstations, and this will increase the size of the market for Playstation games.

Additionally, a technological advance in the production of Playstations may also lead to improvements in the quality and features of the consoles, making them more attractive to consumers. This could also lead to an increase in demand for Playstation games, as consumers may be more willing to purchase and play games on a high-quality console.

Overall, the complementary relationship between Playstations and Playstation games means that any technological advance in the production of Playstations is likely to have a positive impact on the demand for Playstation games.

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Related Questions

Using the 4 C's, we consider a variety of costs associated with the purchase of a product. Cost in the Four C's model is similar to ________using the Four Ps.

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Using the 4 C's, we consider a variety of costs associated with the purchase of a product. Cost in the Four C's model is similar to price using the Four Ps.

The Four P's model, also known as the marketing mix, consists of Product, Price, Place, and Promotion. It is a framework used by marketers to develop and implement marketing strategies. The "price" element in the Four P's model refers to the monetary value that customers are required to pay in exchange for a product or service.

Similarly, in the Four C's model, "cost" refers to the total cost incurred by the customer to acquire and use the product or service.

It encompasses not only the monetary price but also other costs associated with the purchase, usage, and maintenance of the product.

These costs can include time, effort, transportation, installation, training, maintenance, and any other expenses that customers may need to bear.

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You are considering a risky investment that you expect will either be worth 115,000 in 1 year, or 70,000, with probabilities of 0.4 and 0.6 for each outcome, respectively. You could invest in 'riskfree' Treasuries at0.053. If you invest in this risky investment, you would expect to earn a risk premium of 0.142 Given this information, what would you be willing to pay for this investment? O 71.232 O 69.487 O 65,775 O 73,640 O 66,946

Answers

The provided information, you would be willing to pay approximately $73,640 for this investment.

to determine the value you would be willing to pay for this investment, we can calculate the expected value of the investment by discounting the potential outcomes with their respective probabilities.

let's denote the value you would be willing to pay for the investment as p.

expected value = (0.4 * 115,000) + (0.6 * 70,000) = 46,000 + 42,000 = 88,000

to calculate the present value of the expected value, we discount it using the risk-free rate plus the risk premium:

present value = expected value / (1 + risk-free rate + risk premium) = 88,000 / (1 + 0.053 + 0.142) = 88,000 / 1.195 = 73,640.17 the closest  from the given choices is $73,640, so the correct answer is o 73,640.

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1. Which of the following BEST defines a down payment?
1. A down payment is a portion of the purchase price that increases the loan amount.
2. The down payment is the good faith escrow deposit.
3. A down payment is a portion of the purchase price that reduces the loan amount.
4. The down payment is the total amount borrowed for purchasing or leasing a car.

Answers

Answer:

3

Explanation:

It has to be this one because it is intial payment to help someone.

A leader who displays compassion, generosity, and patience is which type of leader as identified by project globe?

Answers

A leader who displays compassion, generosity, and patience is identified as an "affectionate" leader according to Project GLOBE.

The Project GLOBE (Global Leadership and Organizational Behavior Effectiveness) study identified several different leadership dimensions based on cultural influences.

One of these dimensions is the "affectionate" leadership style, which is characterized by leaders who demonstrate warmth, care, and understanding towards their followers. These leaders emphasize empathy, kindness, and support, and they prioritize building strong relationships and promoting a positive work environment.

Affectionate leaders are known for their compassionate and nurturing qualities. They show concern for the well-being of their team members and strive to create a sense of belonging and trust. Their leadership style is marked by acts of generosity, both in terms of their time and resources, and they are patient and understanding when dealing with challenges or setbacks. Affectionate leaders value open communication and encourage collaboration and cooperation within the team.

It is important to note that Project GLOBE's leadership dimensions are not mutually exclusive, and leaders may exhibit traits from multiple dimensions. However, a leader who prominently displays compassion, generosity, and patience aligns with the characteristics associated with an affectionate leadership style according to the Project GLOBE research.

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Place the following items in order of the magnitude of the effect on the aggregate demand curve, starting with the greatest effect and descending to the least. Keep in mind that there will be an item which has zero effect on the AD curve (because it causes movement along the curve). Start by clicking the first item in the sequence or dragging it here Drag the items below into the box above in the correct order, starting with the first item in the sequence. Development of computer-based technologies from the 1940s to now. People notice prices rising and an associated decrease in purchasing power. State governments in the 2010s cut their budgets for teachers, infrastructure, police, and other government expenditures. Prices of tech stocks increase in the late 1990s as a result of a speculative bubble, A trade war with China in the late 2010s leads to a decrease in trade.

Answers

Based on their effects on aggregate demand, the correct order of the items from the greatest effect to the least is:

Development of computer-based technologies from the 1940s to now. State governments in the 2010s cut their budgets for teachers, infrastructure, police, and other government expenditures.Prices of tech stocks increase in the late 1990s as a result of a speculative bubble.People notice prices rising and an associated decrease in purchasing power. A trade war with China in the late 2010s leads to a decrease in trade.

What were the effects of these items on aggregate demand?

Development of computer technologies had the highest effect on aggregate demand because they increased production on an unprecedented scale which allowed for more people to earn incomes.

State governments cutting their budget in the 2010s reduced aggregate demand because government spending is important to aggregate demand.

Prices then rose which led to less people demanding goods and services and the trade war with China led to a decrease in trade and in aggregate demand.

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Which sentence in the given text describes an element of the marketing mix that could help
John with sales?
John was working with his team on a product launch. He did some market research and
found some similarities between his product and those of the competitors.
(A) He knew that his product offered personalized service as part of the product
package, which was already done by some of his competitors
(B) The market was quite saturated and customers had plenty of options. The
advertising options that the competitors had were much more extensive than what
John could afford
(C) He knew that his cost of production was lower than that of his competitors, so he
could pass on some of those savings to his customers
(D) He chose to launch his product and display it at the same place where his
competitors sold their products
OB
ОА
OD

Answers

The sentence in the given text describes an element of the marketing mix that could help John with sale is He knew that his cost of production was lower than that of his competitors, so he could pass on some of those savings to his customers. Thus option C is correct.

What is marketing Mix?

The marketing mix refers to the technique or model of any bsuiness that highlights important elements such as product, price, place, and promotion to make any business achieve its desired objective and seek growth.

These factors are affected any business growth so these factors are determined based on the needs and requirements of customers. In the given factors promotional mix plays a significant role as it influences customers to buy any product.

This marketing mix helps to identify customers' needs and to plan strategies to develop better customer reach. In the given option, all options provide elements of the marketing mix.

Option C helps john to improve his sales as it tells how to retain customers by engaging them effectively with the product and the brand offered.

Therefore, option C is appropriate.

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100 free hope you do the same

Answers

Tyyyyyyyyysssssmmmmmmmm

Answer:

Explanation:

ma boy

why is enterprise important to a country ?

Answers

Answer:

New and improved products, services, or technology from entrepreneurs enable new markets to be developed and new wealth to be created. Additionally, increased employment and higher earnings contribute to better national income in the form of higher tax revenue and higher government spending.

Explanation:

here is your answer if you like my answer please follow

In the _____________ stage of the project life cycle, project objectives are established, teams are formed, and major responsibilities are assigned.

Answers

Answer:

Defining

Explanation:

The project life cycle include these stages;

✓Initiation

✓Planning

✓Execution

✓Monitoring & Control

✓Closure.

There are distinct set activities that are associated with each of the stages.

After the project has been planned at the initiation phase, then the "Defining phase" comes on board, in this phase

which involves identification of expectations as regards to the project by all parties that are involve in the in carrying out the project. The objective of the project is established in this stage. It should be noted that In the Defining stage of the project life cycle, project objectives are established, teams are formed, and major responsibilities are assigned.

When a public accounting firm audits FUND-A in a mutual fund complex that has sister funds FUND-B and FUND-C, independence for the audit of FUND-A is not impaired when

a. Managerial-level professionals located in the office where the engagement audit partner
is located but who are not on the engagement team own shares in FUND-B, which is not an audit client.

b. The wife of the FUND-A audit engagement partner owns shares in FUND-C (an audit client of another of the firm's offices) and these shares are held through the wife's employee benefit plan funded by her employer, the AllSteelFence Company.

c. Both (a) and (b).

d. Neither (a) nor (b).

Answers

Independence for the audit of FUND-A is not impaired when Managerial-level professionals located in the office where the engagement audit partner is located but who are not on the engagement team own shares in FUND-B, which is not an audit client.

In this scenario, the ownership of shares in FUND-B by managerial-level professionals in the same office as the engagement audit partner does not create a conflict of interest or impair independence for the audit of FUND-A, as FUND-B is not an audit client.

Option (b) is incorrect because the ownership of shares in an audit client (FUND-C) by the wife of the engagement partner creates a direct financial interest and impairs independence, even if the shares are held indirectly through an employee benefit plan funded by a separate employer.

Therefore, the correct answer is (a) - independence is not impaired when managerial-level professionals located in the office where the engagement audit partner is located but who are not on the engagement team own shares in FUND-B, which is not an audit client.

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in scheduling your time, which of the following will help you reach your goals?
a) limit the time you spend on each task
b) finding ways to multi-task
c) sticking to a daily routine
d) all of the above​

Answers

Answer:

d) all of the above

Explanation:

they all help you reach your goals

Plz help!!!!!!!!!!!!! giving brainliest for correct answer!!! Which type of degree is earned after a master’s degree?


doctorate

secondary

bachelor’s

associate’s

Answers

Answer:

Doctorate. this helps :)

Explanation:

Consider the following information: Budgeted indirect cost $2,000 Budgeted production units 800 Budgeted direct manufacturing labor hours 500 Budgeted customer orders 400 Actual number of setups 1,000 Using broad averaging, what is the budgeted indirect-cost rate per direct manufacturing labor-hour

Answers

The budgeted indirect cost rate is $4.00 per direct manufacturing labor-hour.

Data and Calculations:

Budgeted indirect cost for the period = $2,000

Budgeted production units for the period = 800 units

Budgeted direct manufacturing labor hours = 500 hours

Budgeted customer orders for the period = 400 orders

Actual number of setups = 1,000 setups

Therefore, the budgeted indirect cost rate per direct manufacturing labor-hour = Budgeted indirect cost divided by the budgeted direct manufacturing labor hours.

= $4 ($2,000/500)

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Use the following information to answer the question. There are three firms in an economy: X, Y, and Z. Firm X buys $200 worth of goods from Y, and $300 worth of goods from firm Z, and produces 250 units of output at $4 per unit. Firm Y buys $150 worth of goods from firm X, and $250 worth of goods from firm Z, and produces 300 units of output at $6 per unit. Firm Z buys $75 worth of goods from firm X, and $50 worth of goods from firm Y, and produces 500 units at $2 per unit. Given this information, what is the economy’s GDP?

Answers

Answer:

$2,775

Explanation:

The computation of the GDP of the economy is given below:

But before that the total value sold by three firms would be determined

Total amount of goods sold by X:

= X sells to Y + X sells to Z

= $150 + $75

= $225

Total amount of goods sold by Y:

= Y sells to X + Y sells to Z

= $200 + $50

= $250

Total amount of goods sold by Z:

= Z sells to X + Z sells to Y

= $300 + $250

= $550

Now

Amount of goods generated by X

= units of output × cost per unit

= 250 units ×  $4

= $1,000

Value of goods generated by Y

= units of output × cost per unit

= 300 units ×  $6

= $1,800

Value of goods generated by Z

= units of output × cost per unit

= 500 units ×  $2

= $1,000

Now GDP is

= [Goods generated by X - Valued added by X] + [Goods generated by Y - Value added by Y] + [Goods generated by Z - Value added by Z]

= [$1,000 - $225] + [$1,800 - $250] + [$1,000 - $550]

= $775 + $1,550 + $450

= $2,775

WACC for a company: Contemporary Products Ltd currently has $200
million of market value
debt outstanding. The 9 percent
coupon bonds (semiannual pay) have a maturity of 15 years, a face
value of $100

Answers

The company's weighted average cost of capital (WACC) is approximately 11.32%.

How did we get the value?

To calculate the weighted average cost of capital (WACC), consider the different sources of capital for the company and their respective weights. In this case, the sources of capital are market value debt, preference shares, and ordinary shares.

Step 1: Calculate the weights of each source of capital.

Total market value debt = $200 million

Total market value of preference shares = 2 million shares * $20 per share = $40 million

Total market value of ordinary shares = 14 million shares * $20 per share = $280 million

Total market value of all sources of capital = $200 million + $40 million + $280 million = $520 million

Weight of debt = Market value of debt / Total market value of all sources of capital

Weight of debt = $200 million / $520 million = 0.3846 (approximately 38.46%)

Weight of preference shares = Market value of preference shares / Total market value of all sources of capital

Weight of preference shares = $40 million / $520 million = 0.0769 (approximately 7.69%)

Weight of ordinary shares = Market value of ordinary shares / Total market value of all sources of capital

Weight of ordinary shares = $280 million / $520 million = 0.5385 (approximately 53.85%)

Step 2: Calculate the cost of each source of capital.

Cost of debt:

Coupon rate = 9% (semiannual pay)

Bond price = $1,024.87

Face value = $1,000

Number of periods = 15 years * 2 (since semiannual payments) = 30 periods

We can use the following formula to calculate the cost of debt:

Cost of debt = Coupon payment / Bond price + (Face value - Bond price) / Number of periods / (Face value + Bond price) / 2

Coupon payment = Coupon rate × Face value / 2

Coupon payment = 9% × $1,000 / 2 = $45

Cost of debt = $45 / $1,024.87 + ($1,000 - $1,024.87) / 30 / ($1,000 + $1,024.87) / 2 ≈ 0.0438 (approximately 4.38%)

Cost of preference shares:

Dividend per preference share = $1.20

Market price per preference share = $20

Cost of preference shares = Dividend / Market price

Cost of preference shares = $1.20 / $20 ≈ 0.06 (approximately 6%)

Cost of ordinary shares:

Dividend in the next year = $2.20

Expected dividend growth rate = 7%

We can use the Gordon growth model to calculate the cost of ordinary shares:

Cost of ordinary shares = (Dividend / Share price) + Dividend growth rate

Cost of ordinary shares = ($2.20 / $20) + 7% ≈ 0.17 (approximately 17%)

Step 3: Calculate the weighted average cost of capital (WACC).

WACC = (Weight of debt × Cost of debt) + (Weight of preference shares × Cost of preference shares) + (Weight of ordinary shares × Cost of ordinary shares)

WACC = (0.3846 × 0.0438) + (0.0769 × 0.06) + (0.5385 × 0.17)

WACC ≈ 0.0169 + 0.0046 + 0.0917

WACC ≈ 0.1132 (approximately 11.32%)

Therefore, the company's weighted average cost of capital (WACC) is approximately 11.32%.

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The complete question goes thus:

WACC for a company: Contemporary Products Ltd currently has $200 million of market value debt outstanding. The 9 per cent coupon bonds (semiannual pay) have a maturity of 15 years, a face value of $1000 and are currently priced at $1,024.87 per bond. The company also has an issue of 2 million preference shares outstanding with a market price of $20. The preference shares offer an annual dividend of $1.20. Contemporary Products also has 14 million ordinary shares outstanding with a price of $20.00 per share. The company is expected to pay a $2.20 ordinary dividend 1 year from today, and that dividend is expected to increase by 7 per cent per year forever. If the corporate tax rate is 40 per cent, then what is the company’s weighted average cost of capital?

With respect to personal finance, what is the name of the most commonly used credit scoring system intended to help lenders predict how likely an individual is to repay a loan, or make credit payments on time?.

Answers

FICO Score i.e. Fair Issac Corporation Score is the most commonly used credit scoring system intended to help lenders for personal finance

The Fair Isaac Corporation developed a credit score called a FICO score (FICO). Borrowers' FICO scores and other information from their credit reports are used by lenders to evaluate their credit risk and decide whether or not to grant credit.

When calculating credit worthiness, FICO scores use information from five categories: payment history, current debt load, credit kinds used, length of credit history, and new credit accounts.

Between 300 and 850 is the full FICO score range. A "good" credit history is often indicated by scores in the 670 to 739 area, and most lenders will view these scores favourably. In comparison, it could be challenging for consumers with credit score in the range of 580 to 669 to acquire financing at competitive rates.

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You plan to invest $1,500 every year (beginning-of-year payments) for the next 10 years. If you can earn 9% on your invested funds, how much will you have in 10 years? A) $24,840 B) $22,789 OC) $28,39

Answers

By investing $1,500 at the beginning of each year for the next 10 years, with an annual interest rate of 9%, the future value of the investment can be calculated using the formula for the future value of an ordinary annuity:

FV = P * [(1 + r)^n - 1] / r

Where:

FV = Future value

P = Payment amount per period ($1,500 in this case)

r = Interest rate per period (9% or 0.09 as a decimal)

n = Number of periods (10 years)

Plugging in the values, we get:

FV = $1,500 * [(1 + 0.09)^10 - 1] / 0.09

= $1,500 * [1.09^10 - 1] / 0.09

≈ $1,500 * [2.367 - 1] / 0.09

≈ $1,500 * 1.367 / 0.09

≈ $1,500 * 15.19

≈ $22,785.68

Therefore, the investment will amount to approximately $22,785.68 after 10 years. Thus, the closest answer choice is B) $22,789.

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According to current GAAP, the date when the terms for stock options are mutually agreed-upon and the stock options are awarded to employees is the: Multiple Choice a. payment date b. grant date c. vesting date d. exercise date

Answers

According to current Generally Accepted Accounting Principles (GAAP), the date when the terms for stock options are mutually agreed-upon and the stock options are awarded to employees is the grant date.

The grant date is an important date for accounting purposes because it is used to determine the fair value of the stock options that have been awarded to the employee. The fair value of the stock options is then used to calculate the compensation expense that must be recognized over the vesting period of the options.

The vesting date is the date when the employee becomes entitled to exercise their stock options, which means they can buy shares of company stock at the grant price. The exercise date is the date when the employee actually exercises their stock options by buying shares of company stock at the grant price.

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Partnership tax rules apply the aggregate approach and disregard the entity approach. a. True
b. False

Answers

The statement is true. Partnership tax rules apply the aggregate approach, also known as the "pass-through" approach, which means that the income, deductions, and credits of the partnership are passed through to the individual partners. This means that the partners report their share of the partnership's income and losses on their individual tax returns and pay taxes on that amount. The partnership itself does not pay taxes on its income.

In contrast, the entity approach is applied to corporations, where the corporation itself is taxed on its income, and the shareholders are taxed on any dividends or capital gains they receive from the corporation.  The aggregate approach is beneficial to partnerships because it avoids the double taxation that can occur with the entity approach. It also allows for more flexibility in allocating income and deductions among the partners. However, it can also result in more complex tax reporting and calculations for both the partnership and the individual partners.
In summary, partnership tax rules do apply the aggregate approach and disregard the entity approach, which means that the partnership's income, deductions, and credits are passed through to the individual partners for tax purposes.

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When an entrepreneur takes some of his profits and replaces old machinery, he is investing in
A. Natural Resources
B. Human Capital
C. Land
D. Capital Goods

Answers

Answer:

D. Capital Goods

Explanation:

Capital goods are physical assets that a business uses to generate revenues. Usually, capital goods have a useful life beyond one year. It implies that they are not meant for sale in the current financial year.

Capital goods include machinery, plants, and equipment, and other long term tangible assets. Some capital goods require a considerable sum of funds to acquire. Costs incurred in acquiring capital goods are spread over the number of their useful life.

Answer:

ok

Explanation:

ok

EXERCISE 6–14 Working with a Segmented Income Statement [LO4] Marple Associates is a consulting firm that specializes in information systems for construction and landscaping companies. The firm has two offices—one in Houston and one in Dallas. The firm classifies the direct costs of consulting jobs as variable costs. A segmented contribution format income statement for the company’s most recent year is given below: Office Total Company Houston Dallas Sales . . . . . . . . . . . . . . . . . . . . . . . $750,000 100.0% $150,000 100% $600,000 100% Variable expenses. . . . . . . . . . . . 405,000 54.0 45,000 30 360,000 60 Contribution margin . . . . . . . . . . . 345,000 46.0 105,000 70 240,000 40 Traceable fi xed expenses. . . . . . . 168,000 22.4 78,000 52 90,000 15 Office segment margin . . . . . . . . . 177,000 23.6 $ 27,000 18% $150,000 25% Common fi xed expenses not traceable to offices . . . . . . . 120,000 16.0 Net operating income . . . . . . . . . . $ 57,000 7.6% Required: 1. By how much would the company’s net operating income increase if Dallas increased its sales by $75,000 per year? Assume no change in cost behavior patterns. 2. Refer to the original data. Assume that sales in Houston increase by $50,000 next year and that sales in Dallas remain unchanged. Assume no change in fixed costs. a. Prepare a new segmented income statement for the company using the above format. Show both amounts and percentages. b. Observe from the income statement you have prepared that the CM ratio for Houston has remained unchanged at 70% (the same as in the above data) but that the segment margin ratio has changed. How do you explain the change in the segment margin ratio?

Answers

If Dallas increases its sales by $75,000 per year, the net operating income of the company will increase by $30,000.

1)  To calculate the increase in net operating income if Dallas increases its sales by $75,000 per year, we need to consider the contribution margin ratio for the Dallas office.

Contribution margin ratio = (Contribution margin / Sales) * 100

For Dallas:

Contribution margin ratio = ($240,000 / $600,000) * 100 = 40%

Increase in sales for Dallas = $75,000

Increase in contribution margin for Dallas = Contribution margin ratio * Increase in sales

Increase in contribution margin for Dallas = 40% * $75,000 = $30,000

Since all fixed costs are traceable to the offices, the increase in contribution margin will directly increase the net operating income. Therefore, the net operating income will increase by $30,000 if Dallas increases its sales by $75,000 per year.

2)  a. To prepare a new segmented income statement for the company with an increase of $50,000 in sales for Houston while keeping Dallas sales unchanged, we need to calculate the new figures.

New Houston sales = $150,000 + $50,000 = $200,000

New Dallas sales = $600,000

New variable expenses for Houston = (Variable expenses / Sales) * New Houston sales

New variable expenses for Houston = (54% / 100%) * $200,000 = $108,000

Variable expenses for Dallas remain unchanged at $360,000.

New contribution margin for Houston = New Houston sales - New variable expenses for Houston

New contribution margin for Houston = $200,000 - $108,000 = $92,000

New contribution margin for Dallas remains unchanged at $240,000.

New traceable fixed expenses for Houston = (Traceable fixed expenses / Sales) * New Houston sales

New traceable fixed expenses for Houston = (22.4% / 100%) * $200,000 = $44,800

Traceable fixed expenses for Dallas remain unchanged at $90,000.

New office segment margin for Houston = New contribution margin for Houston - New traceable fixed expenses for Houston

New office segment margin for Houston = $92,000 - $44,800 = $47,200

New office segment margin for Dallas remains unchanged at $150,000.

New common fixed expenses not traceable to offices remain unchanged at $120,000.

New net operating income = New office segment margin for Houston + New office segment margin for Dallas - New common fixed expenses

New net operating income = $47,200 + $150,000 - $120,000 = $77,200

b. The change in the segment margin ratio for Houston while keeping the CM ratio unchanged can be explained by the fact that the fixed expenses remain the same, but the increase in sales leads to a higher contribution margin for Houston. As a result, the segment margin ratio for Houston increases because the fixed expenses are spread over a larger contribution margin. This results in a higher profitability ratio for the Houston office.

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When indirect materials are used in process costing, the effect on the Raw Materials Inventory account is:

Answers

When indirect materials are used in process costing, the effect on the Raw Materials Inventory account is immaterial.

Indirect materials are the ones that are not included in the manufacturing process of a product. Indirect materials are usually non-productive materials and don't involve any significant direct costs. They are usually utilized in the manufacturing process to facilitate the process or the machinery. Indirect materials are used in a product's manufacturing, but they are not used in the manufacturing process directly.

The Raw Materials Inventory account tracks all the direct materials used in the manufacturing process. The indirect materials are not directly related to the production process, so they are charged to the overhead costs to distribute them appropriately. Hence, the effect of indirect materials on the Raw Materials Inventory account is immaterial since they don't affect the value of the direct materials used in the production process.

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Describe factors that encourage conspicuous
consumption by the purchase of status sym-
bols.

Answers

Veblen's initial thesis said that better social standing and peer recognition were the two key factors influencing ostentatious consumption.

Conspicuous consumerism is the act of acquiring things or services specifically with the intention of flaunting one's affluence. When publicly exhibited products and services are too expensive for other people in a person's class, conspicuous spending is a way to demonstrate one's social position.

What is the conspicuous consumerism theory?

Conspicuous consumption is defined as. Displaying extravagant riches in order to improve one's standing and reputation in society is known as conspicuous spending.

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Which of the following is considered one of the biggest advantages of online marketing?

ability to be individually tailored
ability to cultivate relationships
relatively low cost
ability to get immediate action

Answers

Answer:

Ability to cultivate Relationships .

Online marketing allows you to create new relationships in a targeted way that simply wasn't possible twenty years ago

PLS HELP take a look at the picture and lmk which one the answer is

PLS HELP take a look at the picture and lmk which one the answer is

Answers

Answer:

Both provide jobs in the community
Both contribute to innovation through competition

technological advances allow smaller companies to compete with larger companies. group of answer choices true false

Answers

True, Technological advances allow smaller companies to compete with larger companies.

What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.

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Suppose a friend is taking an economics course at another college or university and his professor uses a different textbook. Your friend, after learning about monopolies and the lost gains from trade that result from monopolies, becomes very agitated about firms with market power, and he makes this statement: "It should be strictly forbidden for any company, in any market, to have more than 50% market share-market power like this always leads to higher prices, deadweight loss, and inefficiency!" After you calm him down, how would you respond to this statement? Select all accurate responses.
a A firm may have a large market share because it is outcompeting other firms. If other firms can similarly innovate, then they will increase their market share, bringing better products at lower prices. b Significant market share is transient. If a firm is using market power to earn significant profits, then other firms will eventually enter the market and bring down prices.
c A credible threat of competition can force firms with large market shares to behave competitively.
d With some network goods, using a universal standard can increase efficiency.
e In many cases, market power leads to high prices, deadweight loss, and inefficiency.

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The accurate responses to the statement made by your friend about market power and its consequences are:

a) A firm may have a large market share because it is outcompeting other firms. If other firms can similarly innovate, then they will increase their market share, bringing better products at lower prices.

c) A credible threat of competition can force firms with large market shares to behave competitively.

d) With some network goods, using a universal standard can increase efficiency.

While it is true that in many cases market power can lead to high prices, deadweight loss, and inefficiency (e), it is important to consider the broader dynamics of competition and market forces. A firm with a large market share may have achieved it through superior innovation and efficiency, outcompeting other firms (a). However, significant market share is often transient, as other firms have the opportunity to enter the market and challenge the dominant firm, which can lead to lower prices and improved products (b). Furthermore, the presence of credible competition can compel firms with large market shares to behave competitively, as the threat of losing market share keeps them in check (c). Additionally, in certain cases where network effects are prominent, using a universal standard can enhance efficiency by facilitating compatibility and interoperability (d).

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When the makers of Reese's candy bars decided to manufacture Reese's peanut butter, it was an example of

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When the makers of Reese's candy bars decided to manufacture Reese's peanut butter, it was an example of Brand extension.

A brand extension or brand stretching involves a company using one of its product brand names on a new product. The new product is known as a spin-off.

This method increases the new brand sales.

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Which qualifications are most helpful for Foreign Service Careers? Check all that apply.

Foreign language skills
Stress management skills
Design skills
Independence
Math skills
Adaptability and flexibility

Answer: foreign language skills, stress management skills, and adaptability and flexibility

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The foreign languages are Brazilian and

Answer:here's the right answer for this question

Explanation:edge2023

Which qualifications are most helpful for Foreign Service Careers? Check all that apply. Foreign language

What ethical dilemmas do you think professionals in the marketing and advertising industry face? Explain.

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Answer:

knowing how to play on emotions but also not make people feel like terrible human beings?

Explanation:

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