____ costs are the costs incurred whether or not the crop is produced. These include depreciation, insurance, interest, repairs, and taxes? a. Variable costs b. Fixed costs c. Operating costs d. Overhead costs

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Answer 1

Answer:

Answer:

Explanation:

he correct answer is b. Fixed costs.

Fixed costs are the costs that remain constant regardless of the level of production. These costs are incurred whether or not the crop is produced. Examples of fixed costs in agricultural operations include depreciation of machinery, insurance premiums, interest on loans, repairs and maintenance, and property taxes.

Unlike variable costs that vary with production levels (such as seed, fertilizer, and labor), fixed costs do not change in the short term. They are the expenses that a farmer or business owner must pay regardless of the output or sales volume. Fixed costs are an important consideration in budgeting and financial planning as they contribute to the overall cost structure of the operation.

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What is form utility and what is place utility

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Answer:

Explanation:

Form utility can be defined as the process of utilizing the raw material for the preparation of finished goods. The manufacturing companies takes a huge effort to assemble all components to develop a product. Place utility reflects how the products are presented in front of customers through using media, advertisement and other marketing strategies.

Form

Form refers to the product or service you offer your customers. Your marketing team carries out research into customer needs to develop a specification for a product or service. Your product development team can then develop a product or service that meets customers’ needs and provides your customers with important business benefits such as lower costs, improved productivity, easier installation or stronger competitive advantage. Your marketing team is creating utility by transforming customers’ needs into product or services that deliver added value.

Place

The utility of place refers to the availability of a product or service in a location that is convenient to your customers. In business marketing, place can refer to the convenience of your distribution channels or direct sales operations. By improving the utility of place, you are ensuring that your customers will find it convenient to buy your product. If you market services, you can improve utility for your customers by developing self-service facilities on your website, for example. Customers can find answers to straightforward technical problems or post questions on a forum where your team or other customers can provide answers

When creditors make a decision about approving an individual for a credit card, they consider an individual’s _____.?

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When creditors make a decision about approving an individual for a credit card, they consider an individual's Debt to Income Ratio.

The creditors consider ratio to give your credit score and to determine whether that debtor has the capability to pay back their Debt.

Thomas Trotte is 50 years old. He wants to purchase a $50,000, 5-year term life insurance policy. The premium per $1,000 is $5.80. What is his annual premium?