After a customer has purchased a refrigerator, he is offered free delivery, installation, financing, and warranty, this is known as the “Augmented Product”.
<h3>What is an Augmented product?</h3>
An augmented product contains extra features or services added by its seller to distinguish it from comparable goods offered by rival businesses. A product can be improved by including additional, non-physically present features or advantages.
Free delivery and in-home service installation are two aspects that are used to build better items. Cosmetics businesses routinely offer free makeovers and travel-size samples to market their goods.
<h3>What is a product?</h3>
A product is an item that can be offered for sale.
<h3>Who is the customer?</h3>
A customer buys the product to consume.
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Answer:
the number employed, the unemployment rate will rise.
Explanation:
Answer:
6.79%
Explanation:
The IRR is the discount rate that equates the cost of a project to its after tax cash flows.
The IRR can be calculated using a financial calculator:
Cash flow for year 0 = -$1,500,000
Cash flow for year 1 to 4 = $80,000
Cash flow for year 5 = $1,625,000 + $80,000 = $1,705,000
IRR = 6 79%
I hope my answer helps you
Answer:
The activity base selected determines whether a cost behaves as a variable cost or fixed cost. This statement is true.
The correct answer is A.
Explanation:
Variable cost is a cost that fluctuates with respect to activity level while fixed cost is a cost that remains unchanged irrespective of activity level.
Thus, the activity base selected determines whether whether a cost is fixed or variable.
The answer to the question above is "evaluation of alternatives" which is the step when a consumer arms with information and narrows down his/her choices by comparing the pros and cons of each remaining option. There is several steps of consumers decision making process. This step is the third step in the process.
