The means through which goods and services are produced are called
a. economic resources
b. needs
c. spending opportunities
d. economic choices.
A
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When a brand is viewed a superior, a good value, and of high quality, the brand enjoys:
A) diligence B) acceptance C) salience D) divergence
List at least five suggestions for choosing a writing style that results in a more effective formal report?
If the delivery of goods or services used as inputs is uncertain, proactive firms may try to ______.
a. predict future trends and problems b. switch to manufacturing products which have more reliable inputs c. exit that line of business altogether d. redesign its products so that uncertain inputs can be avoided
Weingartner Corporation, a merchandising company, reported sales of 4,800 units for July at a selling price of $269 per unit. The cost of goods sold (all variable) was $114 per unit and the variable selling expense was $6 per unit. The total fixed selling expense was $38,100. The variable administrative expense was $14 per unit and the total fixed administrative expense was $59,900.Required:a. Prepare a contribution format income statement for July.b. Prepare a traditional format income statement for July.
What will be an ideal response?