The price of a good or service must ____.
A. be lower than what customers are willing to pay
B. be below any government price floor
C. cover the cost of producing and selling the product
D. not be below the manufacturer's suggested retail price (MSRP)

Answers

Answer 1

Answer:

c. cover the cost of producing and selling the product


Related Questions

which two are profit-oriented approaches to setting a price?

Answers

Profit-oriented approaches to setting a price to a good are those concerns or strategies that are used in order to determine what the price of a good would be.

There are three types of Profit-oriented pricing approaches and they include:

Target profit Target return-on-salesTarget return-on-investment pricing.

These are all used to create a balance to the profits made and the cost of a product. However, the return on sales is good because it makes predictions about demand for the product and makes a suitable pricing for the product.

Please note that your question is incomplete and i gave you a general overview which should help you get the correct answer.

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according to gaap which method should be used to record the acquisition of a fixed asset

Answers

According to gaap, the method that can be utilized in recording the acquisition of a fixed asset is Cost method.

In GAAP , the one method that is notable and accurate in recording a fixed asset is the cost method.

The cost method can be regarded as method utilized in recording the acquisition cost of the fixed asset as well as the costs of bringing the fixed asset to the condition that is needed for it to be used as well as the required location.

Therefore, cost method helps in recording acquisition of a fixed asset .

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in response to a shortage caused by the imposition of a binding price ceiling on a market,

Answers

In response to a shortage caused by the imposition of a binding price ceiling on a market,

a. price will no longer be the mechanism that rations scarce resources.

b. long lines of buyers may develop.

c. sellers could ration the good or service according to their own personal biases.

A binding price ceiling is when the government or an agency of the government sets the maximum price of a good or service below the equilibrium price.

When price of a good is set below the equilibrium price of the good, the producer surplus would decreases and the consumer surplus would increase. This would lead to an excess of demand over supply. As a result, a shortage would occur. As a result of the shortage, black markets would occur.

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A farmer producing soybeans sells her product in a perfectly competitive market. The current market price of soybeans is $20 a bushel. If the farmer asks $21 per bushel for her soybeans, she will sell a. half of her crop. b. all she wants. c. zero. d. the amount that maximizes her profit

Answers

Answer: 41 Dolars

Explanation: easy

What happens if a monopolist increases the price of a good?

Answers

Answer:

By contrast, because a monopoly is the sole producer in its market, its demand curve is the market demand curve. If the monopolist raises the price of its good, consumers buy less of it. Also, if the monopolist reduces the quantity of output it produces and sells, the price of its output increases.

Explanation:

Also can you mark me as brainliest

allocating the cost of intangible assets to expense is referred to as

Answers

Answer: Amortization

Explanation:

Amortization is the systematic allocation of an intangible asset's depreciable amount over its useful life. The depreciable amount is the asset's cost less the residual value.

What is meant by the allocation of expenses?

When indirect expenses are attributed to cost objects, an expense allocation occurs. Several accounting frameworks demand expense allocations in order to represent the full cost of inventories in financial statements. A cost object is anything that has a cost compiled for it.

Amortization is the act of transferring the cost of intangible assets to expense, and corporations nearly generally utilize the straight-line technique to amortize intangible assets. Patents. Patents grant the exclusive right to manufacture or sell innovative inventions.

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when an allocation of resources maximizes total surplus, the result is said to be efficient.

Answers

It is True that when an allocation of resources maximizes total surplus, the result is said to be efficient.

This is based on the governmental policies indicators, which state that the equilibrium of supply and demand maximizes total surplus.

This is because, at the equilibrium of supply and demand, the output point is deemed efficient.

This situation is because there is no other price and quantity combination that can lead to a higher level of total surplus.

Hence, in this case, it is concluded that the statement above is True.

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higgins enterprises is accepting notes receivable from four customers for $18,000 each. which customer will end up paying the least in interest, assuming all individuals pay in full on the maturity date?

Answers

Answer:

328.5

Explanation:

18000*annual interest rate*days/360

18000*7.3%*90/360 = 328.5

Based on the amount accepted as notes receivables and the interest rates, the individual that will pay the least interest is Individual 3.

Individual 1:                                                        Individual 2:

= Amount x Interest x Period / year                 = 18,000 x 5.98% x 1 year

= 18,000 x 6.75% x 4/12 months                     = $1,076.40

= $405

Individual 3:                                                       Individual 4:

= 18,000 x 7.3% x 90/365 days                       = 18,000 x 7.15% x 8/12 months

= $324                                                              = $858

In conclusion, Individual 3 will pay the least interest.

The customers in question are:

A. Individual 1 has an annual interest rate of 6.75% and a maturity date of four months.

B Individual 2 has an annual interest rate of 5.98% and a maturity date of one year.

C Individual 3 has an annual interest rate of 7.3% and a maturity date of 90 days.

D. Individual 4 has an annual interest rate of 7.15% and a maturity date of eight months.

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which is most likely the reason why policymakers would impose a a price ceiling on the market for coffee?

Answers

The reason for imposing the price ceiling is to prevent the producer/seller from taking advantage of the consumer.

Price ceiling refers to an economic tools used by policymaker to mandate a maximum price that the seller must charge for sales of a product or service.

Price ceiling serves as a tool to prevent the producers from exploiting the consumers.

The price ceiling are imposed by the policymaker to prevent producer or seller of coffee to have price advantage of its sales to the coffee consumers.

Therefore, in conclusion, aim of preventing exploitation of consumer is the reason of imposing price ceiling on coffee market.

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How are traditional and Roth IRAs different from 401(k) plans?
A. Traditional and Roth IRAs are set up by companies, while 401(k)
plans are not
B. Traditional and Roth IRAs are tax deductible, while 401(k) plans
are not.
C. Traditional and Roth IRAs are set up by individuals, while 401(k)
plans are not
D. Traditional and Roth IRAs have no limits on annual contributions,
while 401(k) plans do.

Answers

Answer:

C.traditional and Roth IRAs are set up by

individuals, while 401(k)

plants are not

Explanation:

hope can help

Traditional and Roth IRAs are different from 401(k) plans as Traditional and Roth IRAs are set up by individuals, while 401(k)plans are not. Option C. This is further explained below.

What is Roth IRAs?

Generally, Roth IRAs is simply defined as Individual retirement accounts (IRAs) are taxed at the time of deposit, but all future withdrawals are tax-free with a Roth IRA.

In conclusion, Traditional and Roth IRAs are distinct from 401(k) plans as Traditional and Roth IRAs are set up by people, whereas 401(k)plans are not.

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how can I do my homework better

Answers

Answer:

By studying and reading your homework.

what is the searching of trade?​

Answers

Answer:

shares are traded on a stock exchange

We best learn from other people's struggles, successes, and stories.
True
O False

Answers

Answer:

true bhe

Explanation:

syempre natututo rin tayo sa mga pagkakamali ng iba dahil sa pagkatuto natin alam na natin yung gagawin natin para maiwasan ang pagkakamali nila.

Answer:

true

Explanation:

At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $302,000 and in Allowance for Uncollectible Accounts of $940 (credit) before any adjustments. An analysis of Amy Jo's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 6% of accounts receivable. Bad debt expense for the year should be:

Answers

Answer:

$5,230

Explanation:

Account receivable balance = $310,000

Credit balance in allowance for uncollectible accounts = $970

Given percentage = 2%

So by considering the above information, the bad debt expense is

= Account receivable balance × given percentage - credit balance in allowance for uncollectible accounts

= $310,000 × 2% - $970

= $6,200 - $970

= $5,230

how to stop inventory from opening when turning in items ff14

Answers

Who knows bro I don’t I don’t bro tehe I just cried a zebra and zero tehe

optimistic people view challenges as opportunities to influence decisions.

Answers

Answer:true

Explanation:true

At the beginning of the year, Jobs Co. owned one piece of office equipment, a copier. The copier was purchased two years ago for $12,000. At the beginning of the year, the balance in accumulated depreciation was $4,000. Jobs uses straight-line depreciation of $2,000 per year with a zero salvage value. How much is accumulated depreciation at the end of the year

Answers

Answer:

$6,000 is accumulated depreciation at the end of the year.

Answer:

Your answer would be $6,000

Explanation:

Because at the beginning it was $4000 and then every year it added $2000

so the at the end of the year it would be $6000

If there is a shortage in gasoline then,
a) the price of gasoline will tend to rise.
b) the purchase plan of buyers are not being fully achieved.
c) buyers will tend to compete amongst themselves for more gasoline.
d) all of the above are true.
e) none of the above is true

Answers

Answer:

all of the above are true.

Explanation:

They will rise because people may want the gas to last longer and people might be wanting to buy it more and that will help the owners to earn more.

The purchase plan of buyers an not achieved because they may not be able to buy when they needed it to be bought (If that is what was meant there)

The buyers will compete because if people don't have it they won't be able to drive anywhere which people more often drive to get to places such as stores and work.

Hope this Helps

Information systems in general are helpful because they are used for making informed decisions using more accurate reports. However, there are social issues with such systems. Research and identify two issues that can affect a community.

Answer is:
I researched online and came across a few issues that can affect a community. Two of these are addressed below.

Elimination of Jobs: When a company uses computers for doing tasks, jobs get completed in lesser time. They are also more accurate and less prone to mistakes that humans make. Information can be processed and entered into multiple data tables simultaneously. Computers also generate reports and statements easily. Therefore, fewer people are needed to perform majority of the tasks and can lead to job elimination.

Security Concerns: As more data is available online, hackers can easily break into a system and access personal data. This information is likely to be misused. Therefore, systems should always be up-to-date security programs. A computer security expert should also be a part of the staff to prevent and eliminate any attacks on an organization's data.
Plato users.

Answers

Information systems have automated information management, making it quicker to process large amounts of information, but it can also create issues such as information security and IT competitiveness.

Information security is a problem arising from information systems that can configure fraudulent techniques to steal sensitive data from people and organizations and gain benefits, so it is essential to be prepared for the risks and support from specialized security companies.

The advancement of artificial intelligence can also correspond to a risk in the work environment, such as the competitiveness with IT of professionals who are not prepared to deal with digital innovations.

Therefore, it is necessary that organizations use IT to bring benefits in the speed of organizational processes, preparing themselves for risks and offering training and qualification to their employees to deal with digital systems.

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how to understand and differentiate job roles in the workplace

Answers

Answer:

How do you define roles in the workplace? Here's how to develop functional roles and responsibilities in your team: Determine what needs to get done. Make a list of all the tasks that need to be completed. ... Identify strengths and weaknesses. ... Refer back to a team member's job description. ...

    4. Get feedbac.

What is difference between job and role? Here's an example Turri gave:According to Turri, the difference is that while a person's job describes what they do on a daily basis, their role encompasses how their actions add value to the organization. ... That process can be applied to any job at any organization.

Explanation:

i got this straght from go ogle so be shoure to annotate or reword

cost flow is in the reverse order in which costs were incurred when using

Answers

Answer:

last-in, first-out, or LIFO.

Did the baby bust period create an increased supply of workers

Answers

Answer:

easy answer :

yes

Explanation:

How does your credit score impact the personal loan options you have
available?

(Put the correct answer )

Answers

Answer:

bad credit score would negatively affect your loan options because the bank won't see you as someone who can pay it back on time

to ________, lance, an hr manager, shares his company’s job openings on social media and online job postings.

Answers

Firms or organizations always recruit from external sources to fill vacancies in their firm. To recruit from outside organization, Lance, an hr manager, shares his company's job openings on social media and online job postings.

External recruitment uses assessment of an available pool of job candidates, to find skilled or qualified to fill and perform existing job vacancies.

It entails searching outside of the current employee pool to fill open positions in an organization.

A company always source from outside hire.Through outside recruitment, a firm can invigorate their organization with fresh talent.

Conclusively, Employee Referrals. Networking (Informal, Formal) Job Fairs (Online and Virtual) are some ways to source from outside organization.

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at what level of investment ownership is significant influence often presumed?

Answers

Significant influence is often presumed when an entity or individual holds more than 20% but less than 51% of the investment in another entity.

Significant influence enables the entity to make operating and financial decisions for the other entity. The entity may lack total control since the ownership is not above 50%, but the entity can significantly influence corporate decisions.

Some entities may exert significant influence with investment ownership that is less than 20%.

Under International Financial Reporting Standards, investors with significant influence account for their investments in the investee using the equity method.

Thus, significant influence is often presumed once an investor owns 20% or more of an investee.

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A bond's coupon payment is:______.
a. interest that is paid by the bond issuer when a bond matures a variable interest.
b. amount that is paid to bondholders based on the federal funds rate.
c. a coupon that can be used by bondholders to receive discounts on goods produced by the corporation issuing the bonds.
d. a fixed amount of interest that is paid annually or semiannually by the issuer to its bondholders.

Answers

D.

What is a coupon payment on a bond?

-A coupon or coupon payment is the annual interest rate paid on a bond

hope it's correct

A new pizza restaurant is opening in town. The owners of this restaurant decide to place an advertisement in the town newspaper announcing the date of their big opening. The owners of the restaurant are using ________. A) mass communications B) a push strategy C) word-of-mouth communications D) public relations

Answers

Answer:

Answer is A

Explanation:

They are trying to get the word out to many people so their business grows. So they are using mass communication to do so.

[tex]\sf What\: is\: a\: press \:release\:?[/tex]

Answers

A press release is an official statement by a business that is given to the press for public knowledge.

Which of these is a reason a closed culture is
more thoughtful about change in the
organization?
A. Change takes much longer in large organizations.
B. Ideas for change are debated in large organizations.
C. Hierarchy makes change impossible in large organizations.

Answers

Help me with my question posted and I’ll help with yours

the federal reserve can affect the money supply by:

Answers

Answer:

The Fed can impact the cash supply by changing store necessities, which by and large alludes to the measure of assets banks should hold against stores in financial balances. By bringing down the hold prerequisites, banks can advance more cash, which builds the general stockpile of cash in the economy.

Really hope this helps! Thank you!

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