if you are the only seller of gasoline in a smaller town or community, your monopoly would result from:

Answers

Answer 1

The Correct option is B. if you are the only seller of gasoline in a smaller town or community, your monopoly would result from a location.

Monopoly is a multi-player economics-themed board sport. In the game, players roll two dice to move around the sport board, shopping for and buying and selling residences and developing them with houses and lodges. players collect leases from their warring parties, aiming to power them into bankruptcy. money also can be received or misplaced thru hazard and network Chest cards and tax squares.

Gamers acquire a stipend on every occasion they skip "go" and might turn out to be in jail, from which they can not flow till they've met considered one of three conditions. residence regulations, masses of various versions, many spin-offs, and associated media exist. Monopoly has turned out to be a part of a globally popular lifestyle, having been certified regionally in more than 103 international locations and revealed in extra than 37 languages.

The owner's recreation originally had two units of policies, one with tax and any other on which the modern guidelines are especially based. When Parker Brothers first published Monopoly in 1935, the game did not consist of the less capitalistic taxation rule, resulting in a more aggressive recreation.

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Complete Questions:

If you are the only seller of gasoline in a smaller town or community, your monopoly will result from the following:

A) sunk costs.

B) location.

C) economies of scale.

D) government restrictions.


Related Questions

Which of the following groups is not amomg the external users for whom financial statements are prepared?

a. Customers

b. Suppliers

c. Employees

d. Customers, suppliers, employees are all external users of financial statements

Answers

The customers, suppliers, and employees are not external users of financial statements. The correct option is D.

The external users refer to individuals outside of the organization who rely on financial statements to make decisions or evaluate the financial health of the company.

The customers are primarily interested in the products or services provided by the organization and their associated attributes, such as quality and price.

The suppliers are concerned with the organization's ability to fulfill its payment obligations and maintain a stable business relationship.

The employees  are internal users as they are part of the organization and have access to internal financial information.

Therefore, the correct option is D.

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How does technical education play a vital role to develop the entire nation?

​pls- don´t lie


;)

Answers

Answer: Education is needed for jobs. If we dont have education people cant get certain jobs. Without certain jobs the world would fall into a pandemic.

Explanation:

Answer:

Technical education play a vital role to develop the entire nation by improvimg the well beimg of youth and communities.

It increases the productivity. It also helps to accelerate the pace of work and motivate the person towards his/her work.It creayes skilled manpower and improves the quality of life.

A ceiling design that has a rectangular center that is either popped out or inverted to add an effect.​

Answers

Answer:

tray ceilings

Tray Ceiling - Usually seen in dining rooms and kitchens, tray ceilings are built upwards in a cut out resembling a tray. It has a rectangular center that is either popped out or inverted to add an effect

Explanation:

Hope it helps

How Social Media can Destroy Your Finances

Answers

Answer:

You buy unnecessary items that have no purpose later on, or you buy an over expensive item that you cant seem to pay back later on in other circumstances

What practices are increasingly common among companies that want their employees to have happy family lives

Answers

Companies that want/desire their staff to have pleasant family lives are increasingly adopting the following practises: providing creche the retribution of sexual harassers. flextime availability.

Offering daycare: To assist working parents save time and money and to make their lives easier, several businesses provide onsite daycare or collaborate with adjacent daycare facilities. For working parents in particular, childcare facilities are essential to maintaining a healthy work-life balance. punishing sexual harassers: Stress and worry brought on by sexual harassment can make it difficult for workers to focus on their work.

To foster a respectful and safe work environment, organisations should develop policies to stop sexual harassment and punish offenders. Flexibility in scheduling: Flexibility in scheduling enables employees to better balance their work and family commitments. Employees who have flexible hours can better manage their responsibilities by balancing their work and personal lives.

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Which of the following is a negative effect of the rise in agricultural technology following World War II?
need for more farm workers
environmental degradation
need for more agricultural land
increased crop yields

Answers

Answer: Environmental degradation

Explanation:

Not increased crop yields is a good thing

not need for more agricultural land (the technology gives more bang for your buck)

Same for more farmers


What is the purpose of international trade and how does it help the countries involved in it?

Answers

Answer:

the trade without border is

international trade.it purposes to share goods ,ideas,resources, etc.

it helps country in the time of need.

Answer:

Global trade makes it possible for people living in one country to use products from another country, allowing them to benefit from products that are not domestically produced. If a country is endowed with abundant labor or favorable climatic conditions, it has an advantage over the nations that do not have them. It makes economic sense to produce and export goods that other countries cannot produce as cheaply. This way, the exporters can increase sales with foreign commerce and strengthen their country’s economy, while earning profits at the individual level. It also helps strengthen the foreign currency reserves of the country.

International trade is a key driver in regulating foreign currency rates. Global trade helps balance a country’s cyclical pattern of trade deficit and surplus. When a country’s currency is strong, its imports tend to exceed its exports, thus creating a trade deficit for the importer. This situation leads to the exporter country’s currency strengthening and the importer’s currency eventually weakening. Over time, a role reversal happens with exports overtaking imports, thus strengthening the exporter’s currency and creating a trade surplus for the importer. Many other factors influence this cycle too, for example, product cost inflation and interest rates. Global trade removes boundaries and makes the whole world into a single marketplace, and that can work to the benefit of all the participating partners.

Explanation:

PLATO answer!

How does buying decision process differ when you shop online or using mobile device compared to shopping in a physical store based on time spent, location, sites visited and brand examined

Answers

The buying decision process can differ when shopping online or using a mobile device compared to shopping in a physical store in terms of time spent, location, sites visited, and brand examination.

Online and mobile shopping provide convenience, wider access to products, and the ability to compare prices and reviews easily. In contrast, shopping in a physical store allows for immediate gratification, physical interaction with products, and personalized assistance from sales staff.

When shopping online or using a mobile device, the process can be more time-efficient as consumers can quickly search for products, browse multiple websites or apps, and make purchases with just a few clicks. Location becomes less of a constraint as consumers can shop from anywhere with an internet connection. They can visit multiple sites, read product descriptions and reviews, and compare prices to find the best deal. Brand examination may involve exploring various online platforms, checking customer ratings, and seeking recommendations from online communities.

In contrast, shopping in a physical store involves spending time traveling to the store and physically examining products. The location is fixed to the store's physical address. Consumers may visit different stores to compare options, touch and feel the products, and seek advice from store personnel. Brand examination in a physical store typically involves looking for recognizable brands, checking packaging and labels, and relying on previous brand experiences or recommendations from friends and family.

In summary, the buying decision process differs between online/mobile shopping and shopping in a physical store in terms of time spent, location flexibility, the variety of sites visited, and brand examination methods. Online/mobile shopping offers convenience, wider access, and ease of comparison, while physical store shopping provides immediate gratification, physical interaction, and personalized assistance.

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Which of the following statements are true regarding municipal bonds?
I) A municipal bond is a debt obligation issued by state or local governments.
II) A municipal bond is a debt obligation issued by the federal government.
III) The interest income from a municipal bond is exempt from federal income taxation.
IV) The interest income from a municipal bond is exempt from state and local taxation
in the issuing state.
A) I, II, and III only
B) I, III, and IV only
C) I and IV only
D) I and III only
E) I and II only

Answers

The answer is option b. I, III, and IV only, which are true regarding municipal bonds.

Are municipal bonds a wise financial decision?

The good news is that municipal bonds are now a higher-quality asset class than other asset classes, in addition to offering high yields. Approximately 85% of the market has an A or above rating. Additionally, the basics right now are in excellent shape.

What dangers do municipal bonds pose?

Municipal bonds are exposed to interest rate risk, or the possibility that rising rates may cause a decline in values, even while default risk is minimal. Investors in bond funds and exchange-traded funds (ETFs) that invest in munis will find this to be much more true.

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Paying only the minimum balance on your credit card can lead to...
a) an increase in your credit score
b) paying more interest.
c) late fees
d) All of the above

Answers

Paying only the minimum balance on youa) an increase in your credit score: b) paying more interest.

What is paying more interest?

Paying only the minimum balance on your credit card can lead to paying more interest. This is because the credit card issuer will charge interest on the outstanding balance, and if you only make the minimum payment, the interest will accrue on the remaining balance.

Over time, this can add up to a significant amount of money in interest charges, making it harder to pay off the debt. While paying the minimum balance can help you avoid late fees, it is not a good long-term strategy for managing credit card debt and can ultimately harm your credit score.

Therefore, the correct answer is (b) paying more interest.

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waht should i do when employer present 2 positions

Answers

Answer:

Ask him which one is the best choice

Explanation:

fill the blank! health insurance designed for military dependents and retired military personnel is called _______

Answers

Health insurance designed for military dependents and retired military personnel is called TRICARE.

TRICARE is the worldwide health insurance plan for active-duty military personnel, retirees, and their families. The uniformed services health insurance program known as TRICARE covers active duty service members (ADSMs), active duty family members (ADFMs).

Members of the National Guard and Reserve and their families, retirees and their family members, survivors, and some former spouses across the globe. Through a network of ECHS Polyclinics, Service medical facilities, Government hospitals, empanelled private hospitals, and designated Govt. agencies, the Scheme aims to provide allopathic and AYUSH healthcare to Ex-Servicemen pensioners and their dependents.

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Define the measurement principle. Select one: a. Transactions should be recorded on the basis of objective evidence where different people looking at the evidence would all arrive at the same conclusion. b. Accounting records should all be reported in a single currency. c. Items must be recorded at their historical cost. d. A business will continue to operate into the foreseeable future.

Answers

The measurement principle in accounting states that items must be recorded at their historical cost. Option (c) is the correct answer.

The measurement principle, also known as the historical cost principle, requires that items be recorded in financial statements at their original cost. According to this principle, the initial transaction or acquisition cost of an asset or liability is the most reliable and verifiable measure of its value.

Recording items at historical cost provides objectivity and verifiability in financial reporting. It ensures that transactions are measured based on objective evidence and can be supported by documentation and proof. Historical cost reflects the actual amount paid or incurred at the time of acquisition, which helps in providing a faithful representation of the financial position and performance of a business.

While the value of assets and liabilities may change over time due to factors such as inflation or market fluctuations, the measurement principle dictates that financial statements should initially reflect the historical cost. However, it's important to note that certain assets, such as marketable securities or inventory, may be subsequently adjusted to their fair value if it is deemed more relevant and reliable for decision-making purposes.

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Which image format is good for compressing large, complex images like photos into smaller file sizes? A. GIF B. JPEG C. ODG D. DRAW

Answers

Answer: JPEG

Explanation:

JPEG is an acronym that stands for Joint Photographic Experts Group. It is typically used to compress large files sizes into smaller sizes. This enables images to be shared easily. It should be noted that apart from reducing the format size of the image, it also reduces the image quality.

GIF is an acronym for Graphics Interchange Format. It is also used to compress large image files but doesn't compress it as much as a JPEG will do. It also supports animation.

Answer:

B. jpeg :)

Explanation:

Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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What is one major difference between income tax and sales tax?
A. Income tax is based on taxable income, while sales tax is based
on gross income.
B. Income tax is regressive, while sales tax is progressive.
C. Income tax is based on gross income, while sales tax is based on
taxable income.
D. Income tax is progressive, while sales tax is regressive.

Answers

Answer:

D. Income tax is progressive, while sales tax is regressive.

Explanation:

In a progressive tax system, the percentage of tax imposed increases as the taxable income rises. For income tax, progressive tax means an individual with a low income will be taxed using a lower rate compared to high earners. Progressive tax categorizes incomes into different income brackets depending on the level of income. The tax rate increases as one move from a low-income bracket to a higher one.

A regressive tax system charges a constant rate for everyone. Sales tax is a good example of a regressive tax. The tax on basic items, low-priced items, is at the same rate as expensive or high-end items. It means that low-income earners are taxed the same rate as high-income earners for all items purchased.

if you were making a marketing mix decision on place, which would be the three most important external factors you need to consider?

Answers

You need to consider the three most important external factors: culture, competition, and legality. A promotion mix may be a combination of promoting ways with advertising, sales, promotion and promoting to attain a particular marketing goal.

The promotional mix is often solely a part of a bigger promoting combine. Improves the effectiveness of promotional campaigns. Promotion may be a crucial part of any business. Therefore corporations develop a promotion combine, golf stroke all efforts to form promotions at the proper place, at the proper time, and to the proper audience.



The promotion mix is the mix of various strategies and tools of communication you employ in presenting your company, product or services to focus on customers.

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A surface, such as a prep table, that touches food or from which food could drip or drain onto surfaces that touch food is
called a "food-splash surface."
True
False

Answers

Answer:

False

Explanation:

Food contact surface is what it is called

When selling to a buying group, a salesperson should arrive at the location before the group arrives because:_______.

Answers

When selling to a buying group, a salesperson should come to the location before the group arrives because he or she can set up and inspect equipment and evolve familiar with the surroundings.

When selling to groups salespeople should?

Salespeople should make frequent eye contact with everyone in the buying group when pitching to groups.

When making a sale to a group of potential customers, the salesman should arrive early to set up, check the equipment, and become familiar with the area.

The salesperson should refrain from reading the presentation to the group while scrolling through it. Examples could be fictitious, but anecdotes are not. Because they have a tendency to be extremely distracting, electronic materials like multimedia presentations should be avoided during presentations.

The exchange between a salesman and a potential customer constitutes the selling process. The selling process consists of the following seven steps: prospecting, planning, approaching, presenting, resolving objections, closing, and following up.

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If a company dramatically lowers prices to take market share from rival firms, this is an example of

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If a company dramatically lowers prices to take market share from rival firms, this is an example of price competition. Price competition is a strategy used by companies to attract customers by offering lower prices than their competitors.

This tactic can help a company increase its market share and drive its competitors out of the market. However, it can also lead to a decrease in profit margins and harm the overall industry by creating a race to the bottom in terms of pricing.


If a company dramatically lowers prices to take market share from rival firms, this is an example of a "price war" or "predatory pricing" strategy. In this approach, the company reduces its prices significantly to attract customers away from competitors, aiming to gain a larger share of the market and potentially drive rivals out of business or force them to lower their prices as well.

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When production levels are expected to decline within a relevant range, what effects would be anticipated with respect to each of the following? Fixed Costs Variable Costs Per Unit Per Unit A) Increase No change B) Increase Increase C) No change No change D) No change Increase Please use this information to answer questions 13, 14 & 15: Assume the following information for SABRES Company: Prime Costs $525,000
Conversion Costs 598,000
Direct Materials Used 105,000
Beginning Work In Process 198,000
Ending Work In Process 81,000 13. Direct Labor used is calculated to be: $ ___
14. Factory Overhead is calculated to be: $ ___
15. The total all in manufacturing cost for the period is calculated to be: $ ___

Answers

13. Direct Labor used is calculated to be: $-32,000.14
14. Factory Overhead is calculated to be: $493,000.15.
15. The total all-in manufacturing cost for the period is calculated to be: $1,018,000


When production levels are expected to decline within a relevant range, the following effects would be anticipated with respect to each of the following:

Fixed Costs: No change.

Variable Costs Per Unit: Increase.Per Unit: Increase.

Therefore, the correct option is D) No change, Increase, Increase.

13. Calculation of Direct Labor used:

Direct Materials Used = $105,000

Conversion Cost = $598,000 - Direct Materials Used = $493,000

Direct Labor = Conversion Cost - Prime Cost = $493,000 - $525,000= $-32,000

Thus, Direct Labor used is calculated to be $-32,000.14.

Calculation of Factory Overhead:

Factory Overhead = Conversion Cost - Direct Materials Used= $598,000 - $105,000 = $493,000

Thus, Factory Overhead is calculated to be $493,000.15.

Calculation of the total all-in manufacturing cost:

Prime Costs = $525,000

Conversion Costs = $598,000

Total manufacturing cost = Prime Cost + Factory Overhead= $525,000 + $493,000 = $1,018,000

Thus, the total all-in manufacturing cost for the period is calculated to be $1,018,000.

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The options strategy of a Bull Put Spread is best described by: Short a call with a strike price higher than the put you are long, on the same underlying asset Long a put with a strike price lower than the put you are short, on the same asset None of the answers Long a put with a strike price higher than the put you are short, on the same underlying asset Short a put with a strike price lower than the call you are long, on the same underlying asset

Answers

Answer:

Long a call with a strike price lower than the call you are short, on the same underlying asset

Explanation:

A bull put spread would involve one short put having a high strike price and 1 long put having a less strike price. It would be created for the net amount collected and the profits arise from increase in the stock price or from time erosion or from both the things

The option strategy that should be best described is that the call would be long having a strike price less than the short call for the similar underlying asset  

When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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The price-elasticity of demand coefficient, Ed, is measured in terms of Multiple Choice 243 dollar change in price and unit change in quantity demanded dollar change in price and amount of shift in demand percentege change in price and percentage change in quantity demanded percentage change in price and unit change in demand

Answers

The price-elasticity of demand coefficient, Ed, is measured in terms of C. percentage change in price and percentage change in quantity demanded.

Ed is calculated by dividing the percentage change in the quantity demanded of a product by the percentage change in its price. This relationship shows the responsiveness of demand to changes in price, with a higher value of Ed indicating a more elastic demand and a lower value of Ed indicating a more inelastic demand. A coefficient of Ed > 1 indicates that the quantity demanded is highly sensitive to changes in price, which means the demand for the product is elastic.

A coefficient of Ed < 1 indicates that the quantity demanded is not sensitive to changes in price, which means the demand for the product is inelastic. When the value of Ed is equal to 1, then the percentage change in quantity demanded is equal to the percentage change in price, indicating unitary elasticity. In conclusion, the price-elasticity of demand coefficient is a measure of how the quantity demanded of a product responds to changes in its price, and it is measured in terms of percentage change in price and percentage change in quantity demanded.

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how long does it take for an eviction to show up on your record

Answers

The length of time it takes for an eviction to show up on your record depends on the laws in your state and the specific type of eviction.

In general, evictions that result in a court judgment against you will typically appear on your public record and credit report for at least seven years, similar to other types of negative financial events such as foreclosures or bankruptcies. However, some states have different laws regarding how long an eviction will remain on your record. It is best to consult with a legal professional or credit reporting agency to get specific information about how evictions are reported in your state.

The length of time it takes for an eviction to show up on a tenant's record can vary depending on several factors such as the state laws and regulations, the speed and efficiency of the court system, and the tenant screening process used by landlords or property management companies.

In some states, eviction records are public information that can be accessed by anyone, including landlords, employers, and credit agencies. In other states, eviction records are sealed or expunged after a certain period of time or if the eviction case is dismissed or settled.

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What are the 3 Building Blocks of Debt

Answers

Answer: Earning, saving, and spending

Explanation:

Answer:

The three building blocks of debt are:

EarningSpendingSaving

Westville, a small developed​ country, is experiencing a very high rate of inflation. Roma​ Anderson, a market research​ analyst, thinks that the high level of inflation is due to an acute shortage of goods available in the economy. According to​ her, the government should use expansionary fiscal policies to boost the economy.​ Meanwhile, Robert​ Simpson, a member of the finance​ ministry, is of the opinion that the high level of inflation is the result of excessive household spending. He suggests that the government should increase personal income tax rates to curb consumption demand.The government did increase personal income tax rates to reduce inflation.​ However, inflation did not decline as expected. Which of the​ following, if​ true, will explain this​ outcome?   A. The government undertook a nationwide infrastructure development program earlier this year.B. The marginal propensity to consume in Westville is very high.C. The government has recently rejected a bill to increase the payroll taxes.D. The government of Westville took effective steps to curb tax evasion which was rampant in the economy until recently.E. Along with the increase in personal income tax​ rates, the government also raised taxes on corporate profits.

Answers

If the government increased personal income tax rates to reduce inflation but inflation did not decline as expected, the most likely explanation would be that household spending did not significantly decrease despite the tax increase. Therefore, the correct answer is option B) The marginal propensity to consume in Westville is very high.

The marginal propensity to consume refers to the proportion of additional income that households spend on consumption. If the marginal propensity to consume is high, it means that households tend to spend a large portion of their income on consumption goods and services rather than saving or investing. In this case, even with increased personal income tax rates, households may continue to spend at a high level, leading to sustained inflationary pressures.

Options A, C, D, and E do not directly explain why inflation did not decline despite the tax increase. The infrastructure development program, rejection of a bill to increase payroll taxes, steps to curb tax evasion, and changes in corporate profit taxes may have other economic implications but do not directly address the outcome of the tax increase in relation to inflation.

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Hockley Brewing has produced a new craft lager beer that will be branded Hockley Classic Lager. The market for craft beer is about $20 million retail per year and the average retail price across all craft beer producers is $2. 50. The following information applies to Hockley’s new craft lager beer.

Factory production costs $1. 05 / can (Variable Cost)
Beer ingredients $0. 35 / can (Variable Cost)
Packaging $0. 20 / can (Variable Cost)
Advertising and promotion $60,000 (Fixed Cost)
Channel listing fees $30,000 (Fixed Cost)
Hockley’s wholesale price to retailers $2. 40 / can (Variable Cost)
(Hockley’s) manufacturer’s suggested retail price $2. 55 / can (Variable Cost)


a. What is Hockley’s unit contribution (measured in $ per can) and contribution margin (measured in percentage)?

b. What is the break-even point in cans? in dollars?

c. What is the necessary sales volume in cans to achieve a $150,000 (target) profit?

d. What will Hockley’s net profit be if 100,000 cans of the new lager are sold?

e. What will Hockley’s market share of craft beer be if they sell 100,000 cans?

f. Their largest competitor is Mill Street Brewery whose Original Organic Lager has 2. 5% market share of the craft beer market. Given Hockley’s market share calculated in part (e), what will Hockley’s relative market share (RMS) be for their Classic Lager?

g. The craft beer market is growing at 10% annually, higher than any other type of beer. With the RMS for Hockley Classic Lager calculated in part

(f), at the end of their first year, where in Hockley’s portfolio will Classic Lager be positioned and what recommendation would follow?

h. Calculate the price elasticity of demand if they raise the MSRP from $2. 55 to $2. 75 and demand falls from 100,000 cans to 95,000 cans. Is demand for this product price elastic or inelastic?

Answers

Hockley's unit contribution is $0.50 per can with a contribution margin of 19.6%. The break-even point is 180,000 cans or $432,000, and a sales volume of 480,000 cans is needed to achieve a target profit of $150,000.

a. Hockley's unit contribution is $0.50 per can ($2.55 - $2.05), and the contribution margin is 19.6% (($0.50 / $2.55) x 100).

b. The break-even point in cans can be calculated by dividing the total fixed costs ($60,000 + $30,000) by the contribution per can ($0.50). The break-even point is 180,000 cans. In dollars, the break-even point is $432,000 (180,000 cans x $2.40).

c. To achieve a target profit of $150,000, we need to calculate the necessary sales volume in cans. The formula is (Total Fixed Costs + Target Profit) / Contribution per can. Using the given numbers, the necessary sales volume is 480,000 cans.

d. If 100,000 cans of the new lager are sold, the net profit can be calculated as (Unit contribution x Sales volume) - Total Fixed Costs. With the given numbers, the net profit would be $10,000.

e. If Hockley sells 100,000 cans, their market share of craft beer can be calculated as (Sales volume / Total market size) x 100%. With a $20 million market size, their market share would be 0.5%.

f. Hockley's relative market share (RMS) for their Classic Lager can be calculated by dividing their market share by Mill Street Brewery's market share and multiplying by 100. With Hockley's market share of 0.5% and Mill Street Brewery's market share of 2.5%, Hockley's RMS would be 20%.

g. With an RMS of 20% for their Classic Lager, Hockley would be positioned as a significant player in the craft beer market. The recommendation would be to continue investing in and promoting the Classic Lager to further increase its market share.

h. The price elasticity of demand can be calculated using the formula: Percentage change in quantity demanded / Percentage change in price. In this case, the percentage change in quantity demanded is ((100,000 - 95,000) / 100,000) x 100% = 5%, and the percentage change in price is (($2.75 - $2.55) / $2.55) x 100% = 7.8%. Therefore, the price elasticity of demand is 0.64 (5% / 7.8%). With a price elasticity of less than 1, demand for this product is price inelastic, meaning that a price increase led to a proportionally smaller decrease in quantity demanded.

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When should you record the information you need to prepare a reference? list?
A. Before you research B. When you finish your first draft C. After your research is complete D. When you start your second draft E. As you research

Answers

You should record the information you need to prepare a reference list (E) as you research. Therefore, correct option is (E).

Explanation:

As you research. It is best to record the information you need to prepare a reference list as you conduct your research. This helps ensure that you have all the necessary information and saves time in the long run. Waiting until after your research is complete or until you start your second draft may result in missing important details or having to go back and gather information that was not previously recorded.

You should record the information you need to prepare a reference list (E) as you research. This allows you to keep track of your sources in an organized manner, making it easier to create the reference list when it is time to finalize your work.

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Personal finance skills have the most significant impact on an individual’s

Answers

Answer:

quality of life.

Explanation:

Financial skills are those skills that help to manage finances, maintain financial stability, etc. These skills are usually acquired by financial analyst, financial managers, accountants, etc.

Personal financial skills are the same, but having such personal skills helps one to maintain personal financial flow. It enhances ones quality of life. A person who aquires personal financial skills will be able to maintain the budget, will be able to know right things and ways to spend money on, will have low debts tensions, etc.

Thus the correct answer would be 'that the person will have a quality of life.'

Answer:

C: Quality of life

Explanation:

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