Which of the following statements about the economic value to the customer (EVC) is FALSE? a. EVC for a product is estimated compared with an existing product used by the customer. b. Companies generally attempt to price products to match EVC. c. EVC may be different for different customers. d. EVC is the maximum customers should be willing to pay. e. EVC is calculated as the total life cycle cost or cost of ownership over the entire life of a product.

Answers

Answer 1
Answer:

Answer:

Option D is false

Explanation:

EVC is not the same thing as willingness to pay because EVC is a measure of the value the product produces for a particular customer but doesn't have any effect on it's customers ability to pay for the estimated value.


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Suppose GDP in this country is $900 million. Enter the amount for consumption. National Income Account Value (Millions of dollars) Government Purchases ( G ) 250 Taxes minus Transfer Payments ( T ) 325 Consumption ( C ) Investment ( I )
Which of the following is a normative economic statement? The poverty rate hit a new high last year and income distribution also worsened. Health care accounts for roughly a third of total spending in the economy. The government needs to revamp the Social Security program to make it sustainable. Retail sales are expected to continue on their downward trend in the next three quarters.
our firm experiences strong seasonal demand, based on financial quarters. You have calculated the following seasonal relatives (or "indices") for each quarter: First Financial Quarter: 0.5 Second Financial Quarter: 1.0 Third Financial Quarter: 1.25 Fourth Financial Quarter: 1.25 The marketing department has just forecasted that 10,000 units will be ordered in the next fiscal year. The operations manager wants you to tell her how many units will be ordered in the fourth quarter of next fiscal year. What is your answer
One way that teams can be broadly classified as either ____.
The McKnight Company expects sales in 2015 of 208 comma 000 units of serving trays. McKnight​'s beginning inventory for 2015 is 18 comma 000 ​trays, and its target ending inventory is 27 comma 000 trays. Compute the number of trays budgeted for production in 2015. Select the labels and enter the amounts to calculate the units of finished goods​ (trays) to be produced. Budgeted unit sales 208,000 Add target ending finished goods inventory 27,000 Total required units Deduct beginning finished goods inventory –18,000 Units of finished goods to be produced

True or False: In most cases, the only way publishers of media websites generate revenue is by charging advertisers to display ads on their sites.

Answers

Based on internet and website analysis, it is false that the only way publishers of media websites generate revenue is by charging advertisers to display ads on their sites.

How do websites generate revenue?

Websites generate revenue in many ways, which include the following:

  • Display Advertisement
  • Subscription and Membership
  • Sponsored Contents
  • Events
  • Affiliate Marketing
  • Digital Marketing, etc.

Hence, in this case, it is concluded that the correct answer is False.

Learn more about how websites generate revenue here: brainly.com/question/2833175

Final answer:

The statement is false. Publishers of media websites generate revenue not only through advertising but also from digital subscriptions, pay per view on premium content, and other diversified income streams.

Explanation:

The statement is false: the only way publishers of media websites generate revenue is not only by charging advertisers to display ads on their sites. While advertising is certainly a significant source of revenue, it is not the only one. Many publishers have diversified their income streams to include options such as digital subscriptions or pay per view for premium content.

For instance, let’s consider the decline in advertising revenues for print media, which dropped from $46 billion in 2012 to just $20.5 billion in 2020. In response to this shift, many publishers have enhanced their online presence as the number of people looking for news and entertainment online has increased. Even though advertising revenues have dipped, digital subscriptions allow news outlets to stay financially viable.

Digital paywalls where readers have to purchase online subscriptions to access specific content, are another way of generating income. Websites like Politico.com, Daily Kos, and even established newspapers like The New York Times have capitalized on this strategy. The availability and ease of online publication have enabled more niche media outlets to form and compete in the digital media market.

Learn more about Media Websites Revenue here:

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Pro Formas can be structured in many different formats; however, they all help forecast a company’s financial feasibility, breakeven, and profitability. How do you envision this knowledge and skill with pro formas will give you an advantage over other job candidates?

Answers

Answer:

Pro Forma is a financial statement that facilitates comparison of historic data and projections of future predictions.

Explanation:

Pro Forma have different formats but they all do the same thing. They help forecast a company's financial feasibility, break even, and profitability. According to the present situations assumptions about the financial and operating characteristics can be identified.

The results can be assembled in profit and loss projections. Advantage over job candidates is that the past record can be taken into account.

Answer:

How do you envision this knowledge and skill with pro formas will give you an advantage over other job candidates?

Explanation:

If you know about proformas, you are a specialist in companies that issue a profit announcement and make it available to the public, particularly to potential investors. Additionally, you are able to assess the potential value of a proposed change, such as an acquisition or a merger

An entrepreneur decided to leave a job that pays $50,000 a year to start a business. These lost wages would be considered ______________ . g

Answers

Answer:

These lost wages would be considered as opportunity cost

Explanation:

The lost wages would be considered as opportunity cost .

Opportunity cost is the value of the next best alternative forgone in favor of a decision. The decision of the entrepreneur to start a business of his own would mean forgoing the wages from his paid employment.

Hence, the lost wages of $50,000 becomes an opportunity cost to the decision.

These lost wages would be considered as opportunity cost

Compared to a perfectly competitive firm, a monopolist____________.A. will, according to Schumpeter, invest fewer resources in research and development.
B. is less likely to face government regulation.
C. is less likely to advertise.
D. usually produces an inefficiently small level of output.

Answers

Answer:

D. usually produces an inefficiently small level of output.

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services. Market prices is usually set by market forces. There is no need for advertising because all firms produce homogenous products. There is little or no need for government regulation because goods and services are efficiently distributed.

A monopoly is characterised by one firm in the industry. The firm sets the market price. The government regulates the activities of the activities of a monopoly to reduce inefficiency that usually occur. Either quantity produced or price are usually regulated by the government to reduce inefficiency and ensure fair distribution of goods and services.

Monopoly firms usually advertise and undertake more research activities when compared to a pure competition.

I hope my answer helps you

Adjusting and paying accrued wages LO P1Pablo Management has five part-time employees, each of whom earns $90 per day. They are paid on Fridays for work completed Monday through Friday of the same week. Near year-end, the five employees worked Monday, December 31, and Wednesday through Friday, January 2, 3, and 4. New Year's Day. (January 1) was an unpaid holiday.
1. Prepare the year-end adjusting entry for wages expenses.
2. Prepare the journal entry to record payment of the employees' wages on Friday, January 4, 2018.

Answers

Answer:

1. Dr Wages expense $450

Cr Wages payable $450

2.Dr Wages expense $1350

Dr Wages payable $450

Cr Cash $1800

Explanation:

1. Preparation of the year-end adjusting entry for wages expenses.

Dec 31

Dr Wages expense $450

Cr Wages payable $450

( 5 employees * $90 per day)

(To record wages expenses)

2. Preparation of the journal entry to record payment of the employees' wages on Friday, January 4, 2018

Jan 4

Dr Wages expense $1350

(3 days*5 employees*$90=$1350)

Dr Wages payable $450

(5 employees * $90 per day)

Cr Cash $1800

($1350+$450 =$1800)

(To record payment of the employees' wages)

What are the steps for the software engineering institute model for risk management? Select one:
a. Identify, analyze, plan, track, and control
b. Analyze, track, identify, plan, and control
c. Identify assets, threats, vulnerabilities, and exposure factor
d. Cost benefit analysis, control, and review

Answers

Answer:

A

Explanation:

Identify, analyze, plan, track, and control

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