How would an ice cream vendor create the four types of utility?

What will be an ideal response?


The ice cream vendor would create form utility by combining ingredients to make a milkshake or a sundae. Place utility would mean the ice cream is available where the customer wants it. Time utility would mean the ice cream is available when the customer wants it. Possession utility refers to the enjoyment consumers have eating the ice cream.

Business

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Which one of the following types of costs should be included in the cost of a manufactured inventory?

A) abnormal spoilage B) production supervisory salaries C) interest costs D) selling costs

Business

In what way does the Sarbanes-Oxley Act of 2002 strengthen the effects of the Dodd-Frank Act of 2010?

a. It increases whistleblower involvement by strengthening protections for whistleblowers reporting under Dodd-Frank. b. It increases the severity of the penalties against companies charged with fraud under Dodd-Frank. c. It widens the scope and definition of fraud that can be reported by whistleblowers. d. It allowed companies to fire whistleblowers only when giving financial compensation far beyond a typical severance payment.

Business

A bargain by a candidate for public office to make a certain appointment following the election is legal

a. True b. False Indicate whether the statement is true or false

Business

Spartacus Inc., has sales of $4,500,000, net income of $250,000, assets worth $3,700,000, and total common stockholder equity of $2,500,000. The ROE for Spartacus is:

A) 5.56%. B) 6.76%. C) 10.00%. D) 55.56%.

Business