Products such as steel, bulk chemicals, and industrial electronics do not require much differentiation because the taste and preference for these products is similar all around the world. These products are examples ofA. local customization.B. market differentiation.C. universal needs.D. lateral requirements.E. the efficiency frontier.

Answers

Answer 1
Answer:

Answer:

C) universal needs.

Explanation:

Universal needs are basically products that everyone needs to have a normal living and for the most of us, survive. Even though we do not eat steel, chemicals or even industrial electronics, they are necessary to produce the things we eat, where we live, how we move (cars, airplanes, boats, bicycles) and what clothes we wear.


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The growth of the stock market led people to ___________________.a. feel confident about the economy
c. avoid investments
b. worry about the economy
d. none of the above

Answers

The answer is a. feel confident about the economy

The growth of American stock markets for example mean there's a lot of investments come for the business development in the United States

This goes along with the increase in national income, tax income, and the number of jobless citizens will be reduced

A written agreement is called whata. contract
b. solvency
c. investment
d. tariff

Answers

My best guess is A. a contract.

A contract is a written agreement

In “The Other Side of the Hedge,” the main character values a. achievement. b. freedom. c. friendship. d. pleasure. In “The Other Side of the Hedge,” the narrator confesses that he thought he would be like his brother, whom he had left behind a while earl

Answers

The right answer for the question that is being asked and shown above is that: "b. freedom." In “The Other Side of the Hedge,” the main character values freedom. In “The Other Side of the Hedge,” thenarrator confesses that he thought he would be like his brother, whom he had left behind a while earl

Classification of products by degree of __________ divides them into three categories. They are nondurable goods, durable goods, and services. consumption tangibility liquidity porosity value or price

Answers

Classification of products by degree of CONSUMPTION divides them into three categories. They are non-durable goods, durable goods, and services.

Non-durable goods are also known as soft goods or consumables. These are goods that can be consumed and will not last for a long period of time before being replaced by goods of the same kind. It lasts for a maximum of three (3) years. Examples of non-durable goods are food and clothing. 

Durable goods are goods that last for at least three years. These are goods that takes a long time before being replaced. Examples of these durable goods are appliances, vehicles, furniture, jewelry, sporting goods and consumer electronics.

Services are intangible economic goods. Examples of these services are accounting, banking, cleaning, consultancy, education, expertise, insurance, medical treatment, transportation, and any other services that man can offer.  

Which of the following is an accurate description of banking in the United States?A. Wall Street
B. an economic institution
C. a recent development
D. only state-chartered

Answers

The correct answer for the question that is being presented above is this one: "B. an economic institution." An accurate description of banking in the United States is it is an economic institution. This economic institution is responsible on the monitoring of the economy of the country.

Jones Company manufactures an executive chair. The company has budgeted variable costs of $100 for each chair and fixed costs of $7,000 per month. A static budget predicted production and sales of 200 chairs in January, but the company actually produced and sold only 180 chairs at a total cost of $26,000. Jones Company total flexible budget cost for 180 chairs per month is:

Answers

Answer:

Total flexible budget cost=$25,000 per month

Explanation:

The total flexible budget can be expressed as;

Total flexible budget=Total variable cost+Total fixed costs

where;

Total variable cost=Cost per chair×actual number of chairs produced and sold

Total variable cost=(100)×180=$18,000 per month

Total fixed cost=$7,000 per month

replacing;

Total flexible budget=(18,000+7,000)=$25,000

Total flexible budget cost=$25,000 per month

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