Is Technology one of the affecting factors in demand.

Answers

Answer 1

Explanation:

Effect of Technology on Demand:

Changes in technology can affect the demand for different products or the demand for related products. It can increase the market for a product by increasing the demand for a new product and making an older product obsolete.


Related Questions

john got a part time weekend job at a local restaurant to save for a new car. he plans on depositing $110 per month for the next 4 years in a savings account with a rate of 4% per year compounded monthly. how much will he have saved toward his down payment at the end of the 4 year period?

Answers

The amount John will save is equal to $5710.97 toward his down payment at the end of the 4 year period.

To determine the amount John will save if he plans on depositing $110 per month for 4 years with a rate of 4% per year compounded monthly, we first calculate the monthly rate.

Interest rate = 4% ÷ 12 = 0.04 ÷ 12

Interest rate = 0.0033

Now, we use the formula for future value to calculate the final value as follows;

FV = (A × {[1 + i]^n - 1}) / i

Here A represents the deposit amount which is $110

n = number of months = 4 × 12 = 48

i = interest rate = 0.0033

Putting values in the formula;

FV = (110 × {[1.0033^48] - 1}) / 0.0033

FV = $5710.97

Hence, $5710.97 will be saved by John toward his down payment at the end of the 4 year period by monthly compounding.

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jamie is a development engineer for a manufacturer of solar panels for both residential and commercial purposes. her company uses pert network software for all development projects. as she assesses her timeline for completing a new panel the company plans to introduce for the agriculture industry, jamie will need to focus on

Answers

As she assesses her timeline for completing a new panel the company plans to introduce for the agriculture industry, Jamie will need to focus on: D. the critical path of the PERT network.

What is a timeline?

A timeline simply refers to a list of important events or activities that are arranged in a chronological sequence, which is the order in which they happened (occurred).

What is PERT?

PERT is an abbreviation for Program Evaluation and Review Technique and it can be defined as a network model that was designed and developed in the late 1950's for the Polaris project of the United State Navy, which had thousands of contractors.

Additionally, the Program Evaluation and Review Technique (PERT) network helps project manager to significantly reduce both the cost and amount of time that is required to successfully complete a project, as well as randomness in activity completion times.

In conclusion, we can reasonably infer and logically deduce that the main purpose of determining the critical path on a Program Evaluation and Review Technique (PERT) network is to enable project managers in identifying the sequence of tasks that takes the longest time to complete, during the execution of a project.

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Complete Question:

Jamie is a development engineer for a manufacturer of solar panels for both residential and commercial purposes. Her company uses PERT network software for all development projects. As she assesses her timeline for completing a new panel the company plans to introduce for the agriculture industry, Jamie will need to focus on

A. ISO 14001 standards.

B. the priority bar of the PERT chart.

C. marketing efforts for promotion.

D. the critical path of the PERT network.

The tendency toward international integration and interdependency of goods, technology, information, labor, and capital is called economic ______________.

Answers

The trend toward global integration and interdependence of resources like labor, capital, information, and technology is referred to as economic globalization.

What is Economic globalization?
The term "economic globalization" refers to the increasing interdependence of world economies as a result of growing international capital flows, cross-border trade in goods and services, and the widespread and brisk uptake of technology. Economic globalization is exemplified by free trade agreements like the Trans-Pacific Partnership and the North American Free Trade Agreement.

Economic globalization increases corporate productivity and vastly increases the size of all countries' economies. The standard of living and educational attainment of people rise as a result of economic improvements. It also establishes the structural framework for the expansion of education.

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all purchase/sale transactions are made on credit. the company uses the fifo method and perpetual inventory system to record transactions. what is the amount of lifo adjustment needed to adjust fifo inventory records reported for the year to lifo for external reporting purposes?

Answers

The amount that is the needed to adjust fifo inventory records reported for the year to lifo for external reporting purposes is given as 1300

How to solve for the amount under FIFO

We have the unit to be 300 and the rate to be 15. Then the total would be gotten by 15 x 300

= 4500

The closing inventory is 300

How to solve for the amount under LIFO

The unit is 200 and the rate is 10

Then the total is given by 200 x 10 = 2000

The purchase from May = 100 x 12 = 1200

2000 + 1200 = 3200

Therefore the adjustment would be 4500 - 3200

= $1300

Therefore from the calculation that we have here, the amount of adjustment that would have to be made would be $1300 based on the question that we have and all of the details that we are to solve the problem with. Option A, is correct

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Complete question

The inventory transactions of VTS Corporation are shown below.

Date Transaction Number of Units Unit Cost/Price

Jan. 1 Beginning inventory  500  $ 10

Feb. 25 Sale  300   20

May 21 Purchase  400   12

Jul. 15 Purchase  500   15

Dec. 10 Sale  800   20

All purchase/sale transactions are made on credit. The company uses the FIFO method and perpetual inventory system to record transactions. What is the amount of LIFO adjustment needed to adjust FIFO inventory records reported for the year to LIFO for external reporting purposes?

a) 1,300

b) 4,500

c) 3,000

d) 1,000

select all that apply merchandise inventory can be described as: (check all that apply.) multiple select question. an account appearing on a balance sheet of a merchandiser. an asset increased with a debit. products that a company owns and intends to sell. an account appearing on a balance sheet of a service company. an expense account.

Answers

In accounting, a merchandise inventory can be described as a:

products that a company owns and intends to sell.an account increased with a debit.an account appearing on a balance sheet of a merchandiser.an asset account.

What is called a merchandise inventory?

In accounting, a merchandise inventory refers to the goods that have been acquired by a distributor, wholesaler or the retailer from suppliers with the intent of selling such goods to third parties.

This inventory can be the largest asset on the balance sheet of some types of businesses. If they are sold during an accounting period, then their cost is charged to the cost of goods sold and thus appears as an expense in the income statement in the period when the sale occurred.

But if they are not sold during an accounting period, then their cost are recorded as a current asset and appears in the balance sheet until such time as they are sold.

In conclusion, if the market value of such inventory declines below its recorded cost, then, it is expected that we reduce the recorded cost down to its market value and charge the difference to expense under the lower of cost or market rule.

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as a project manager, you have a weekly video conference with stakeholders as part of your communication plan. what two additional details should the communication plan include?

Answers

As a project manager, you have a weekly video conference with stakeholders as part of your communication plan. Two additional details should the communication plan include establishing goals and identifying key messages.

What is project manager?

Project management is the process of organising a team's efforts to complete all project objectives within the allotted time and budget restrictions. 

Typically, this information is detailed in project documentation that is prepared at the start of the development process

Scope, time, and budget are the main restrictions.

project manager is a specialist who plans, organises, and carries out projects while adhering to constraints like budgets and timelines

Project managers oversee entire teams, establish project objectives, interact with stakeholders, and see a project through to completion

The project manager is in charge of making a project successful or unsuccessful, whether it be conducting a marketing campaign, building something, creating a computer system, or introducing a new product.

In almost every industry, project managers are in high demand. Let's explore what project managers do in more detail, why project management is a good career choice, and how to get started.

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A restaurant chain allows managers to hire and fire servers based on punctuality, performance, and customer-service ratings. ____________________ enables the manager to do this.

Answers

A restaurant chain allows managers to hire and fire servers based on punctuality, performance, and customer-service ratings. Delegation of Authority enables the manager to do this.

A restaurant chain is a collection of eateries with several locations that use the same name and have similar menu items. They can either be separately owned through franchising or owned by the same business.

The division of work and assignment of decision-making authority to a person who answers to a leader or management is referred to as delegation of authority. It is an organizational technique in which management assigns each employee a portion of their own workload.

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you have agreed to deliver the underlying commodity on a futures contract in 90 days. today the underlying commodity price rises and you get a margin call. you must have:

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You must hold a long position in a futures contract, is the answer underlying commodity.

An agreement to acquire or sell an item at a specified price and at a future date is known as a futures contract. They are frequently used to protect against losses due to negative price changes by hedging the movement of the underlying asset's price underlying commodity.

Forward contracts are exchanged over-the-counter, and the terms are negotiated by the counterparties. In that it locks in a future price in the present, it is comparable to a futures contract long position.

However, since futures contracts are standardized and each participant is subject to the same conditions regardless of the counterparty, they are applicable in this situation.

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the inflation rate indicating the change in average prices the duration of the investment (n) the interest rate (i) that could be earned by invested funds the present value (pv) of the amount invested

Answers

The inflation rate indicating the change in average prices. This statement is false.

What is inflation rate?

The pace of price growth over a specific time period is referred to as inflation. Inflation is frequently measured broadly, such as the general rise in prices or the rise in the cost of living in a nation.

Unevenly growing prices in an inflationary environment unavoidably lower some customers' purchasing power, and this depreciation of real income is the single biggest cost of inflation. Over time, inflation can also affect the purchasing power of both parties who pay and receive fixed interest rates.

The value of your money decreases over time in direct proportion to the pace of inflation. The table below illustrates how much a dollar will be worth at various inflation rates in the following years. 50 cents, for instance, denotes: After five years, a $1 will only be worth 50 cents if inflation is 15% annually.

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Knowing about the money supply of the Federal Reserve (FED) can be useful to understand mainly
- when it is best to invest
- what companies to invest in
- how often to invest -
- why to invest

Answers

Being able to know the money supply of the Federal Reserve can come in handy when in knowing when it is best to invest.

What is the benefit of knowing monetary policy?

The monetary policy of the Federal Reserve allows us to know the money supply in the economy. It is important to note that when the money supply is high, the interest rates on loans are low and when money supply is low, the interest rates are high.

Knowing the money supply would therefore help us to navigate when best to invest because we can then know to invest when money supply is low to make more returns.

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Sharon owns a law firm. She has recently begun earning more money, and the firm
finances are doing well. In which business life cycle stage is Sharon?
Success
Survival
Existence

Answers

Sharon is in the Success business life cycle stage.

In the success stage, owners must choose now whether to capitalize on the business's successes and grow or maintain it steady and profitable so that it may serve as a foundation for future owner initiatives.

The progression of a business in stages through time is called the business life cycle. A life cycle is a term used in business to describe the beginning, development, and final demise of a good or service. Businesses can make wiser financial decisions if they comprehend the sequence of events in a life cycle.

In order to properly plan and set attainable goals for the future, it is crucial that you correctly identify the life cycle stage of your company. A firm goes through four stages in its life cycle: start-up, expansion, maturity, and decline.

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using the contribution margin ratio, the impact on net income for a change in sales dollars is blank . multiple choice question. variable expense per unit - contribution margin ratio change in total contribution margin × contribution margin ratio change in sales dollars × contribution margin ratio change in sales dollars per unit - contribution margin ratio

Answers

The contribution margin exists estimated as Revenue - Variable Costs. The contribution margin ratio exists computed as (Revenue - Variable Costs) / Revenue.

What is meant by the Contribution Margin Ratio?

The difference between a company's sales and variable costs, represented as a percentage, is the contribution margin ratio. The total income that can be used to cover fixed costs and turn a profit is represented by an entity's total margin.

The contribution margin exists estimated as Revenue - Variable Costs. The contribution margin ratio exists computed as (Revenue - Variable Costs) / Revenue.

The accounting term contribution margin ratio aids managers and business owners in monitoring the profitability of their products. Because it demonstrates how much of a product's income is available to pay fixed costs and contribute to the company's profit, the contribution margin is crucial to comprehend.

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a. a marketing firm is looking for a candidate with a business degree and at least five years of work experience. multiple choice 1 a union an intersection b. a family has decided to purchase a toyota minivan or a honda minivan. multiple choice 2 a union an intersection

Answers

A. A marketing company is seeking an applicant with a business degree and at least five years of professional experience. An intersection.

B. A family has made the decision to buy a Honda or Toyota minivan. a union.

What exactly is a marketing firm?

Effective marketing strategies are developed and put into action with the aid of marketing agencies. This frequently starts with marketing research to determine what aspects of the current marketing strategy are working and which ones are not, then moves on to demographic research to develop an accurate picture of the ideal client.

A marketing company can help you create and implement a plan for specific marketing campaigns, assess their effectiveness, and develop an overall marketing strategy once it has a clear understanding of who you are marketing to and what you have already tried to do to reach them.

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suppose you deposit $300 today into a bank account with a variable interest rate and will receive a payment in one year. true or false: if during the year the interest rate rises, this decreases the future value of your investment. true false

Answers

It is false, Future value of the investment will not fall because the investment has been done on variable interest rate.

As a rational saver, we all try to invest our money in some safe place, the investment in bank account deposit is one of the safest option available.

People, generally lock their certain sum of money for a certain period of time on which they normally get sum return which is also fixed. But in case the interest rate available on investment is variable and in future if the market rate of interest rises, in that situation investors will get higher return as they have opted for variable interest rate means which will not be fixed and change according to changes taking place in market.

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the following tax proposal has income as the tax base. calculate the marginal tax rate for an income of $5,000 and an income of $40,000. then, calculate the percentage of income paid in taxes for an individual with a pre‐tax income of $5,000 and for an individual with a pre‐tax income of $40,000. classify the tax as being proportional, progressive, or regressive. round answers to two places after the decimal, where applicable. tax proposal: all income between $0 and $10,000 is taxed at 10%. all income between $10,000 and $20,000 is taxed at 20%. all income higher than $20,000 is taxed at 30%.

Answers

The percentage of income paid in taxes for an individual with a pre‐tax income of $5,000 is 10%.

The tax paid for an individual with a pre‐tax income of $40,000 is 22.5%.

This is a progressive tax.

What is tax?

It should be noted that tax has to do with the levy that's paid to the government by economic agents such as individuals and firms.

It should be noted that for a progressive tax, the average tax will increase when the income rises too.

The marginal rate of 5000 is 10%

The marginal rate of 40000 is 30%.

The tax paid by one with an income of 5000 will be:

= 0.1 × 5000

= 500

Average tax = 500/5000 = 10%

Tax paid by an individual who earns 40000 will be:

= (0.1 × 10000) + (0.2 × 10000) + (0.3 × 20000)

= 9000

Average tax = 9000/40000 × 100 = 22.5%

Therefore, the tax is progressive.

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consider an economy that produces only smartphones and laptops. last year, 10 smartphones were sold at $800 each, and 5 laptops were sold at $1,000 each, while this year, 15 smartphones were sold at $900 each, and 10 laptops were sold at $1,100 each. real gdp this year, using last year as a base year, is:

Answers

Real GDP this year, using last year as a base year, is: $13000

Nominal GDP is a measure of an economy's economic output that takes into account current pricing for goods and services. The monetary worth of goods and services generated is often used to calculate GDP.

Nominal GDP= (Price of smartphones x Quantity of smartphones) +(Price of laptops x Quantity of laptops)

Price of smartphones=$800

Quantity of smartphones=10

Price of laptops=$1000

Quantity of laptops=5

Nominal GDP=($800x10) +($1000x5)

=$8000+$5000

=$13,000

Consequently, actual GDP affords a greater correct portrait of monetary increase than nominal GDP because it makes use of consistent prices, making comparisons among years greater significant via way of means of taking into account comparisons of the real quantity of products and offerings without thinking about inflation.

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how do economists define unemployed workers? group of answer choices although currently working, they are not happy with their current job working on contract for a limited time not currently working not currently working but actively searching for work

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To be categorized as unemployed, a person has to be without a process, presently available to work, and actively seeking out work within the previous 4 weeks.

Unemployment is a time period regarding people who are employable and actively looking for a process but are not able to discover a process. blanketed in this institution are the ones people in the group of workers who are working but no longer have the precise job.

The situation of now not having a task but being a member of the labor pressure. To be considered unemployed, someone must be jobless but actively trying to find a task by having searched within the last 4 weeks.

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Companies that sell printers for at-home use usually sell the printers at a low price point and sell the corresponding ink cartridges at a very high price point. This strategy is known as ____________.

Answers

Companies that sell printers for at-home use usually sell the printers at a low price point and sell the corresponding ink cartridges at a very high price point. This strategy is known as Captive product pricing.

Captive product pricing refers to the price of goods that include both a core product and a number of auxiliary or supplementary products that are necessary for the primary product to give its full value. The core product might on occasion be cheap or offered at a discount as compared to peripheral products, which must be acquired in order for the core product to be valuable. This enables the sale of goods with greater margins than the primary item.

Making a core product that exemplifies the fundamental value of the entire product line and following it up with other items that provide enhanced value is one approach to achieving this. Product line pricing, which involves the division of goods and services into cost categories in order to generate multiple perceived quality levels in customers' thoughts, includes captive product pricing.

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Long run competitive equilibrium a) isn't economically efficient b) will never change once it's realized c) is realized only in constant cost industries d) results in zero economic profits

Answers

Long run competitive equilibrium results in zero economic profits.

What determines a long run equilibrum?

In a perfectly competitive market, every economic profit is eliminated in the long-run equilibrum. Firms and businesses earn zero economic profit in a competitive market. An increase in the demand for goods is witnessed when there's an increase in the price of substitute. A positive economic profit leads to an increase in the number of new firms that enter into the market but conversly, a negative economic profit will result to firms exiting the industry till profits turn zero.

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at softcomp, a company that deals in software products, employees regularly complain about the lack of clarity regarding the tasks they are required to perform. often there are two employees working on overlapping tasks, while some tasks are not designated to any employee. though employees are satisfied with the pay and work culture, this aspect of their work environment has led to a lot of conflict in the workplace. from the information provided, this complaint of the employees can be closely linked to which hr function?

Answers

The complaint of the employees can be closely linked to the analysis and design function of HR. A performance review is a two-way, one-on-one discussion regarding how an employee's performance has affected their development and growth.

It is an essential part of a company's overall performance management plan. In its most basic form, the HR (Human Resources) department is a team in charge of managing the employee life cycle (i.e., recruiting, hiring, onboarding, training, and terminating employees) and handling benefits administration.

The employees of an organization are described in terms of their education, experience, wisdom, relationships, intelligence, and insight. Numerous administrative duties that keep the company functioning are handled by the HR Operations staff Management of the payroll and data entry and upkeep for the workforce are among these duties.

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which community of interest usually takes the lead in information asset risk management? which community of interest usually provides the resources used when undertaking information asset risk management?

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The community of interest usually takes the lead in information asset risk management is management.InfoSec, IT, and general management are usually provides the resources used when undertaking information asset risk management.

Risk management can be defined as the process of discovering and assessing the risks to an organization's operations and determining how those risks can be controlled or mitigated. There are four types of risk management, such as:

Risk acceptance.Risk transference.Risk avoidance.Risk reduction.

When an organization consider the full range of risks it faces, risk management program helps those organization. Risk management also examines the cascading impact they could have on an organization's strategic goals and the relationship.

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maurice has the following utility​ function: ​u(x,y)20x80y2 where x is his consumption of cds with a price of ​$ and y is his consumption of movie​ videos, with a rental price of ​$. he plans to spend ​$ on both forms of entertainment. determine the number of cds and video rentals that will maximize​ maurice's utility.

Answers

The utility function in 873 is maximised by 7 Cd abd 17 movie videos.

We use the Excel solver to resolve this:

A. B C D

1. CD Movie

2. Price 1 2

3. Q 7 17

4.Subtotal 7 34 41

Each product's subtotal is the price per amount, which we add together to obtain the overall price.

The utility function = 20 is then written

*B3+80*C3-POWER(B3;2)-2*POWER(C3;2)

873 Utility

By changing cells B3 and C3, we can maximise the function of the hat

with the restriction of D4 being less than or equal to 41

What is Utility function ?

The utility function is a tool used in economics to gauge a consumer's wellbeing or level of happiness in relation to their use of tangible commodities like food and clothing. In rational choice theory, utility function is frequently used to examine behavioural patterns in people.

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method uses a visual list of the pros and cons of buying now or waiting, buying the salesperson's product versus a competitor's, and buying versus not buying

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From 1991 to 1992, the television program Pros and Cons was broadcast.The 1999 movie Pros & Cons with Larry Miller and Tommy DavidsonKieran Meehan created the comic strip "Pros & Cons."An episode of Garfield and Friends called "Pros and Cons"

The required details about the pros and cons are mentioned below.

The advantages and drawbacks of something are its pros and negatives, which you carefully weigh in order to come to a wise decision.

A drawback or justification for not acting: The higher operating costs of a larger car are one of its drawbacks. Before making a choice, you must consider all the advantages and disadvantages of the situation.

an advantage or justification for action: The benefits and drawbacks of outsourcing the task had to be weighed. professional noun; informal.

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An Objection method uses a visual list of the pros and cons of buying now or waiting, buying the salesperson's product versus a competitor's, and buying versus not buying.

a monopolist makes self‑cleaning jackets. at a price of $100 each, it can sell 20 jackets. at a price of $98 each, it can sell 21 jackets. assume the monopolist cannot price discriminate. quizlet

Answers

Assuming that monopolist will not discriminate price, the total revenue when price of each jacket is $100 each will be, $2000.

Monopolist could be an individual, group of individuals or companies which solely control the market for a particular good and service that they produce. In a monopoly market there is only one seller known as monopolist, who have all the power to control the prices. Normally prices are higher in monopoly market as there is only one seller and consumers do not have easily available substitute so that they can switch.

In a monopoly market, there are less restrictions on entry and exit, many companies try to capture the market from the monopolist by differentiating their product in terms of price cut.

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jose was concerned about a memo he received from his supervisor, kayla, regarding a change in the pay structure. he was anxious for a response and did not know where she was, so he sent her a text message asking specific questions about the memo. kayla received the message and, given its complexity, did not respond right away. jose became frustrated and even more anxious about the changes, and ultimately went to kayla’s immediate supervisor for clarity. this created problems in his working relationship with kayla and kayla’s supervisor. given the complexity of the message, what communication channel should jose have used in the first place to avoid this situation?

Answers

The face-to-face communication channel should Jose have used in the first place to avoid this situation.

Face-to-face communique is whilst two or more human beings see and physical interaction with every other. It's also known as a non-public communique.

Face-to-face verbal exchange is the distinction of being able to see the opposite celebration or parties in a verbal exchange.

It allows for a higher exchange of facts on the grounds that each speaker and listener are capable of seeing and interpreting frame language and facial expressions.

Here are a few different situations wherein face-to-face interaction is suitable: offering non-public, one-on-one conversations with teammates and Discussing potentially touchy place of job statistics.

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in a legal memorandum, you have cited u.s. motors v. gen. motors europe, 559 u.s. 939 (2010). in the very next sentence, without any intervening cites, you wish to cite to page 942 of the same case.

Answers

In the very next sentence, without any intervening cites, for one who wishes to cite to page 942 of the same case will use id. at 942.

Id meaning idem is a Latin concept meaning "the same". It is usually abbreviated as id., which is majorly used in legal citations to denote the previously cited source.

Why should one use of id. citation?

Id." is a purpose - encompassing short form referencing which could be used for any cited authority apart from internal cross-references. "Id." always refers to the immediately preceding cited authority, either in the same footnote or the previous footnote provided that it is the only authority cited in the preceding footnote.

Therefore, the correct answer is as given above.

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sustainable economic development always generates greater profitability. meets present needs without compromising the ability of future generations to meet their needs. meets future needs without compromising present needs. is an idea proposed by frank and lillian gilbreth to cut costs and increase efficiency. produces greater diversity in the workforce.

Answers

A right answer is option (c). The ability of future generations to meet their requirements is not compromised by sustainable economic development, which satisfies current wants.

What does it mean to have a sustainable economy?

"Sustainable development" is a method of economic planning that seeks to advance economic growth while preserving the quality of the environment for future generations. Sustainable development is based on the idea that natural systems must be preserved so that they can continue to offer the ecosystem services and natural resources that are essential to the economy and society.

Why is a sustainable economy crucial?

Economic stability is produced through economic sustainability, which makes the economy resilient to risk factors such as future increases in the cost of energy and water. Economic sustainability protects your industry, ensuring that your operations remain resilient and strong in the face of change.

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The correct question is:

Sustainable economic development  _______

A) produces greater diversity in the workforce.

B) always generates greater profitability.

C) meets present needs without compromising the ability of future generations to meet their needs.

D) meets future needs without compromising present needs.

E) is an idea proposed by Frank and Lillian Gilbreth to cut costs and increase efficiency.

liam is neely’s supervisor. during neely’s yearly written evaluation, liam states that neely has not performed her job well at all, constantly comes in late to work, and stirs up trouble with the other employees. neely is understandably upset and wants to sue liam for defamation. if neely files a lawsuit against liam for libel, neely will probably

Answers

If Neely, who is rightfully furious, decides to sue Liam for slander. If Neely sues Liam for libel, Liam's remarks on Neely's written appraisal were most likely made in good faith, in which case Neely will most likely lose the case.

What exactly is libel?

Libel, often referred to as defamation, is when someone produces a false report or statement about another person, which then causes the individual's reputation or character to suffer.

According to the described situation, Neely can only be successful in the case she brings against Liam, her boss if Liam did not make the statement in the best possible faith.

On the other hand, if the supervisor's remarks on Neely's written assessment were made in good faith, Neely may not be successful in her complaint.

In light of this, we might draw the conclusion that Neely's case might not succeed if her supervisor's remark was made in good faith.

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isa​ pizza, a seller of frozen​ pizza, is considering introducing a healthier version of its pizza that will be low in cholesterol and contain no trans fats. the firm expects that sales of the new pizza will be million per year. while many of these sales will be to new​ customers, pisa pizza estimates that will come from customers who switch to the​ new, healthier pizza instead of buying the original version. a. assume customers will spend the same amount on either version. what level of incremental sales is associated with introducing the new​ pizza? b. suppose that of the customers who will switch from pisa​ pizza's original pizza to its healthier pizza will switch to another brand if pisa pizza does not introduce a healthier pizza. what level of incremental sales is associated with introducing the new pizza in this​ case?

Answers

When a new pizza is launched, incremental sales is $12.6 million, whereas in the second scenario, incremental sales is $17.472 million if the new pizza is introduced at the same time as others are releasing healthier pizza.

What are incremental Sales?

In addition to the few units that could have been sold without a sales promotion contribution, incremental sales refer to the total number of units sold.

Let's calculate portion a) now, which determines the amount of extra sales that the new pizza will generate:

Incremental Sales = New Sales - Lost Sales of Actual Pizza

Incremental Sales 21,000,000 (40% x 21.000.000)

Incremental Sales = $12.600.000

The incremental sales connected to introduction of new pizza is $12.6 Million.

b) Calculation of the level of incremental sales, when related to the introduction of the new pizza:

Incremental Sales = New Sale - Lost Sales from Customer Switching Brand Incremental Sales = $21,000,000-42% x ( 40% ) x ($21,000,000)]

Incremental Sales = $21,000,000-$3528000

Incremental Sales = $17, 472,000

In instance (b), the additional sales associated with the introduction of the new brand of pizza total $17.472 Million.

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question content area for the year ended december 31, orion, inc. mistakenly omitted adjusting entries for $1,500 of supplies that were used, (2) unearned revenue of $4,200 that was earned, and (3) insurance of $5,000 that expired. for the year ended december 31, what is the effect of these errors on revenues, expenses, and net income?

Answers

Errors will have a $2,300 overstatement of net income on revenues, costs, and net income.

The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income. Net income in the company is the amount that remains after all costs, such as salaries and wages, the cost of goods or raw materials, and taxes, have been paid.

Net income = Total revenue - total expenses

where,

Total revenue = Unearned revenue = $4,200

Total Expense = Supplies expense + insurance expense = $1,500 + $5,000 = $6,500

Net Income = Total revenue - Total Expenses = $4,200 - $6,500

Net Income = -$2,300

Therefore, there's an overstatement of $2300 in Net Income.

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