The three basic ideas included in the definition of the marketing concept are: customer satisfaction, a total company effort, an

Levi was met with an unforeseen incident upon his arrival home this morning. He discovered that a local manufacturer's chemical spill had encroached upon his property. Therefore, the potential claim he holds against this manufacturer would classify as a(n):

<span>stakeholder.</span>

The market supply curve is influenced by factors like price and production expenses.
Many states impose sales tax on certain products and services to enhance revenue. However, such taxes also affect how consumers behave. These effects, along with the overall financial impact of sales tax, become apparent in the supply and demand curves when sales tax rates increase or when a new sales tax is instituted by a state.

Response:

For the year 2010

Degree of combined leverage equals 3.82

For the year 2011

Degree of combined leverage equals 4.11

Clarification:

The degree of combined leverage of the company is computed using the formula provided:

Degree of combined leverage = Contribution margin / EBT

Where

Contribution margin is calculated as:

Contribution margin = Sales - Variable Costs

EBT (Earnings before tax) is calculated as:

EBT = EBIT - Interest

Now, calculate accordingly using the formula:

For 2010:

Contribution margin: $700,000 - $406,000

= $294,000

EBT = $119,000 - $42,000

= $77,000

Degree of combined leverage: $294,000 / $77,000

= 3.82

For 2011:

Contribution margin: $760,000 - $448,000

= $312,000

EBT: $122,000 - $46,000

= $76,000

Degree of combined leverage: $312,000 / $76,000

= 4.11

Answer:

Coca Cola's dominant strategy is strategy 1.

Explanation:

A dominant strategy refers to the choice a company makes that yields the maximum benefit compared to other available options. In this scenario, Coca Cola's optimal move is to choose strategy 1, as it results in the highest possible profit for the company.

Older individuals benefit in wealth accumulation.

Explanation:

Generally, older adults possess more financial resources because:

1. They typically have longer career spans, which leads to better salary opportunities and job positions.

2. They have had an extended timeframe to save and invest their resources.

Individuals in older age categories typically find it easier to amass wealth during their working years. Conversely, young professionals starting their careers often struggle to gather significant wealth.