Answer:
Amount to be used to value inventory = $22
Explanation:
Inventories are generally valued at lower of cost or market value.
In that, cost is considered:
Net Realizable Value = Selling price less any cost = $30 - $5 = $25
Cost = $22
Since the Net Realizable Value is more than cost, replacement cost will not be considered.
Where NRV is less than cost, then replacement value is considered.
Here, Therefore inventory will be recorded as $22 at cost.
Answer:
C. 2.2.
Explanation:
Mid point elasticity is calculated as follows:
<em>% change in qty supplied/ % change in price</em>
<em />
<em>% change in qty supplied</em>
= (600-400)/(600+400)/2
= 0.4
<em> % change in price </em>
= (12 -10)/(12+10)/2
= 0.181
Mid point elasticity
= 0.4/0.18
=2.2
Answer:
Alejandro´s opportunity cost is 2/3 of a chart.
Roger´s opportunity cost is 1/2 of a chart.
Explanation:
The cost of opportunity represent the benefits that you misses out on when choosing one alternative over another.
In this case , we can say that Alejandro and Roger can produce 2 product. And if they produce one , they loose the possibility of producing the other.
We can Illustrate this situation with a production possibility frontiers graph and if we increase the quantity produced of one good, will decrease the other, because the limited resources.
Alejandro produce 3 three pages of the paper in the same time it takes him to create two charts. We use cross multiplication to get how many charts Alejandro produce at the same time he produce a single page
1___x
3___2 so x= 1x2/3
So , in the time he produce a single page of the essay, he could produce 2/3 of a chart. This is the cost opportunity.
Roger can write two pages of the paper in the same time he can produce a single chart. So, in the time he produce a single page of the essay he could make half of a chart.
Answer:
d
Explanation:
In this scenario it seems that Jenny is being a persuasive ad viewer and a critical judge of the product. This can be said because she is basing her judgement on the fact that the ad features a famous marathon runner, even though the ad is specifically designed to persuade the viewer to buy the product by using these famous athletes. And just from the athlete she is judging that the product is good and being persuaded into buying it.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
b. location clustering near high traffic flows
Explanation:
Proximity to customers is a major consideration when deciding on a business location. A business situated in areas with many potential customers has a high probability of succeeding. Restaurants are usually strategically situated in places with heavy customer flow.
Restaurants may be established near offices, in market places, near public transport terminus, or other location convenient to customers. With time, customers tend to associate that particular building, area, or street with restaurants. As the area becomes synonymous with restaurants, more customers will visit it, leading to more restaurants to open in that locality.
