Tom is a very successful investment advisor representative and has decided that he is going to hire another investment adviser to him manage some of his client accounts. tom places about one third of his client accounts under the management of the new investment adviser and will share his advisor fee with the new investment manager. at the end of the year tom receives a complaint letter from one of his clients who was managed by the new investment adviser. the client is unsatisfied with the losses generated in her trust account. in this situation tom:

Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no

Which statement best describes entrepreneurship aitmakes people very rich b it relies on large financial investments c it is only possible in the retail industry d it requires creativity and ambition

Match each economic concept with the scenarios that illustrates it