When a business seeks a certain profit, it uses a factor to adjust its price. The factor is called a _____.?

Answers

Answer 1

Answer: The factor is called a profit.

Profit is an aim to any business establishment. This is the financial return or reward that an entrepreneur ultimate goal after the risk they have take. The moment a product is sold more than it cost to produce, then a profit is earned which can be invested again.

PROFIT = TOTAL SALES - TOTAL COSTS

Answer 2

Answer:

Choose the best answer. When a business seeks a certain profit, it uses a factor to adjust its price. The factor is called a _____. credit discount inventory adjustment markup quantity discount

When a business seeks a certain profit, it uses a factor to adjust its price. The factor is called a markup.

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Which type of unemployment is defined as people losing their jobs because their skill is no longer in demand?

Answers

I believe the answer is: Structural unemployment

Structural unemployment refers to a type of employment that caused by industrial reorganization rather than the result of market competition.
Example of structural unemployment would be producer of flip phones that went bankrupt due to technological change that enable smart phones.

Structural unemployment is a type of unemployment where people lose their jobs because their skill is no longer in demand.

Further Explanation:

Structural unemployment:

Structural unemployment exists when there is a no match between the need of the business and the skill set of the workers. Generally, this type of unemployment occurs when new technology takes places an existing process method. When the existing workers are not competent to use the new technology then their skills are not required. This situation results in structural unemployment.

In the current case, people are losing their jobs because there is no longer a demand for their skills. The use of new skill set or the replacement of the human skills with the computer skills can be the reason behind the loss in the demand.

Thus, when people lose their jobs because of the decrease in the demand for their skills is known as structural unemployment.

Learn more:

1. Learn more about the demand and supply diagram

brainly.com/question/2195487

2. Learn more about the demand curve

brainly.com/question/8794304

3. Learn more about the forecasting human resources supply

brainly.com/question/6123400

Answer details:

Grade: Senior School

Subject: Economics

Chapter: Income & Employment

Keywords: Which, type of, unemployment is, defined as, people losing, their jobs, because, their, skill, is no, longer in, demand, employment, economics, business.

What problem is a free trade agreement most likely to cause for an American business? A) Increased access to international markets. B) Reduced competition with foreign businesses. C) Tariff reductions on imported goods. D) Competition from foreign businesses in the domestic market.

Answers

D) Competition from foreign businesses in the domestic market.

A free trade agreement typically reduces trade barriers and allows foreign businesses greater access to the domestic market. While it can provide American businesses with increased access to international markets (Option A), it also exposes them to increased competition from foreign businesses in their own market, which can be a challenge.

6. To find out as much as you can about the market for your potential business, be sure to talk to: A. potential employees. B. anyone who may compete with you locally. C. potential customers. D. the local bookstore owner.

Answers

the answer is b anyone who may complete with you locally

A monthly fixed rate mortgage paymentA) could change.
B) never changes.
C) increases annually.
D)decreases annually.

Answers

B, it's a steady mortgage rate that won't change.

Answer: B. Never changes.

Explanation: A monthly fixed rate mortgage payment will NEVER change.

Hope this helped. :)

The Ferguson Company estimated that October sales would be 100,000 units with an average selling price of $6.00. Actual sales for October were 105,000 units and average selling price was $5.95. The sales revenue flexible budget variance was:

A. $5,000 favorable.
B. $5,250 unfavorable.
C. $5,000 unfavorable.
D. $5,250 favorable.

Answers

Answer:

B) $5,250 Unfavorable

Explanation:

The sales revenue variance can be calculated by:

Variance = (Budgeted selling price - Actual selling price) * Actual units sold

Variance = (6 - 5.95) * 105,000 = $5250. Unfavorable as if budgeted price was charged it would result in a higher revenue at current level of activity.

The sales volume variance on the other hand is favorable as more units were sold than budgeted.

Hope that helps.

Why are rainforests important to the pharmaceutical industry?A.
Many ingredients in important drugs come from plants discovered in the rainforest.
B.
Animals in the rainforest are important for testing drug safety.
C.
Water harvested from the forest soil contains cancer-fighting elements.
D.
Insects carry diseases, such as the flu, which can be used to develop vaccines.

Answers

I think the best option is A. Many of the ingredients in important drugs come from plants discovered in the rainforest since these places are full of varying plant species that might contain substances that are beneficial to human health. There still thousands of plants in rainforest that are to be studied and research on the potential of helping the pharmaceutical industries.

Answer igot a 100 on the test it a

Explanation:

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