Answer:
B) in the short run, an unexpected change in the price of an important resource can change the cost to firms.
Explanation:
The short run aggregate supply (SRAS) curve is upward sloping because as the price of goods and services increases, the quantity supplied will increase. In the short run, wages are more sticky than prices, and businesses can adjust prices more rapidly than employees can get a raise. This will result in businesses increasing their profit margins as the general level of prices increases, therefore the SRAS curve will be upward sloping.
An unexpected change in the price of a key input will shift the entire SRAS curve either to the right (price of key input decreases) or to the left (price of key input increases).
Answer:
a.$4,704
Explanation:
Depreciation rate applicable for 2nd year as per MACRS 5 year class property = 32%
So, Irene cost recovery deduction = $21,000 * 32% * 70% = $4,704
Hence, the cost recovery deduction for Irene in 2020 is $4,704.
Answer:
= 12.5%
Explanation:
<em>Profit margin ration is the the percentage of sales that a business earns as profit. In the context of a division, the higher the figure, the better and the more profitable the operation of the division. The profit margin ratio is computed as follows:</em>
Profit margin ratio = Net operating profit/ Sales× 100
Industrial profit margin ratio
Net operating margin - 218,000
Net Sales - 1,750,000
Profit margin ratio
= 218,000/1,750,000 × 100
= 12.5%
Answer:
b. societal marketing concept
Explanation:
Societal marketing concept -
It refers to the marketing concept in the society , where the welfare of the human beings is considered to as the most important aspect .
In this practice , the social responsibility like any health issue , social issue is the top most priority .
The practice require making good marketing decision which are in favour of the consumers , and helps the company and the humans in the long term way .
Hence , from the given scenario of the question ,
The correct answer is b. societal marketing concept .
