Zoey's Catnip Toys faces the following relationship between price and demand: v = 2000 - 200p. The fixed cost is $500 and variable cost is $1. Write an expression for the total profit
What will be an ideal response?
Answer: Z = 2200p - 200p2 - 2500
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Which of the following factors affects the allocation of funds between advertising and promotions?
A) the total amount of resources available B) the mission and vision of the organization C) the number of potential customers in the target market D) the functional background of the CEO
Under the periodic inventory system, Cost of Goods Sold must be computed because it is not updated for sales and other transactions during the accounting period
Indicate whether the statement is true or false
All of the following are disadvantages of using temporary workers except:
A. Temps may not know the job or the culture B. They generally have lower motivation C. There can be legal problems associated with the length of employment of temporary workers D. They are usually less loyal to the organization E. The company can hire in workers with specific skill sets