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Silvana Cotrina
Answers (7)
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When marketers say that services are ________, they are referring to the fact that services cannot be touched, tasted, or seen, like a pure product can.
A) intangible
B) inseparable
C) heterogeneous
D) perishable
E) replenishable
A) intangible
B) inseparable
C) heterogeneous
D) perishable
E) replenishable
On Jul 14, 2024
A
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An executive conference centre has the physical ability to handle 1,100 participants. However, conference management personnel believe that only 1,000 participants can be handled effectively for most events. The last event, although forecasted to have 1,000 participants, resulted in the attendance of only 950 participants. What are the utilization and efficiency of the conference facility?
On Jul 13, 2024
Design Capacity = 1,100 participants
Effective Capacity = 1,000 participants
Actual Output = 950 participants
Utilization = actual output design capacity \frac { \text { actual output } } { \text { design capacity } } design capacity actual output = 9501,100\frac { 950 } { 1,100 }1,100950 = 86.4%
Efficiency = actual output design capacity \frac { \text { actual output } } { \text { design capacity } } design capacity actual output = 9501000\frac { 950 } { 1000 }1000950 = 95.0%
Effective Capacity = 1,000 participants
Actual Output = 950 participants
Utilization = actual output design capacity \frac { \text { actual output } } { \text { design capacity } } design capacity actual output = 9501,100\frac { 950 } { 1,100 }1,100950 = 86.4%
Efficiency = actual output design capacity \frac { \text { actual output } } { \text { design capacity } } design capacity actual output = 9501000\frac { 950 } { 1000 }1000950 = 95.0%
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Political candidates are notorious for appealing to the different beliefs and values of potential voters in different areas of the country. These politicians are appealing to differences in
A) popular culture.
B) regional culture.
C) demographics.
D) generational cohorts.
E) country culture.
A) popular culture.
B) regional culture.
C) demographics.
D) generational cohorts.
E) country culture.
On Jun 14, 2024
B
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Wendy is willing to pay $50 for a concert ticket and Bruce would like to receive $25. If the market price is $40 for this transaction, then the total surplus would be $15.
On Jun 13, 2024
False
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Labadie Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: 
The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 25,000 units and sold 22,000 units. The company's only product is sold for $251 per unit.Assume that the company uses a variable costing system that assigns $23 of direct labor cost to each unit that is produced. The unit product cost under this costing system is:
A) $181 per unit
B) $117 per unit
C) $94 per unit
D) $215 per unit
The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 25,000 units and sold 22,000 units. The company's only product is sold for $251 per unit.Assume that the company uses a variable costing system that assigns $23 of direct labor cost to each unit that is produced. The unit product cost under this costing system is:A) $181 per unit
B) $117 per unit
C) $94 per unit
D) $215 per unit
On May 15, 2024
B
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The entry to record the payment of office salaries would be:
A) Debit Cash; Credit Salaries Payable
B) Debit Cash; Credit Salaries Expense
C) Debit Salaries Expense; Credit Accounts Payable
D) Debit Salaries Expense; Credit Cash
A) Debit Cash; Credit Salaries Payable
B) Debit Cash; Credit Salaries Expense
C) Debit Salaries Expense; Credit Accounts Payable
D) Debit Salaries Expense; Credit Cash
On May 14, 2024
D
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All of the following are stakeholders in a company - Stockholders, Customers, Creditors, Employees, Management, Suppliers and the Local Community.
On May 12, 2024
True