1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Archy [21]
1 year ago
11

Reasons for consumers to prefer one product over another to satisfy the same need

Business
1 answer:
patriot [66]1 year ago
3 0

Answer:

1. Customer Satisfaction.

2. Quality of the Product.

3. Price.

4. Taste & Preferences.

5. Brand Image.

6. Brand Reputation.

7. Brand's Goodwill among the customers.

8. Word of Mouth Publicity given by Existing Customers.

You might be interested in
During 2020, Sarasota Furniture Company purchases a carload of wicker chairs. The manufacturer sells the chairs to Sarasota for
vfiekz [6]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

Gross profit = Sales - Cost of goods sold

= (440 x 90 + 220 x 80 + 264 x 50) - (440 x 56.7 + 220 x 50.4 + 264 x 31.5)

= (39,600 + 17,600 + 13,200) - (24,948 + 11,088 + 8,316)

= 70,400 - 44,352

= $26,048

Ending inventory schedule attached in the excel archive

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

Download xlsx
8 0
3 years ago
Suppose the current level of output is 5000. If the elasticities of output with respect to capital and labor are 0.3 and 0.7, re
Tamiku [17]

Answer:

5575

Explanation:

The computation is shown below;

<u>Factor      Elasticity          Increase        Effective Increase </u>

                      A                        B      A × B

Capital      0.3                                 10%      3.00%

Labor        0.7                                  5%       3.50%

Increase due to Productivity                      5.00%

Total Increase in Output                             11.50%

(3% + 3.5% + 5%)  

Original Output                                              5000

Increase in Output (5000 × 11.5%)                 575

Increase Output (5000 + 575)                      5575

3 0
3 years ago
7. Which of the following characteristics should exist to
algol13
I think the answer is C but i could be wrong
4 0
2 years ago
What are mutual funds are
lana [24]

Answer:

Mutual Funds are simply a way to pool money together and buy more stocks. You invest into a mutual fund along with many other people. Then your pooled money is invested by the manager of the mutual fund. They are generally conisdered safe as they are run by "stock gurus".

3 0
2 years ago
First mover advantages refers to the benefits a firm may achieve by entering a new market or developing a new product or service
OLga [1]

There are several first mover advantages including:

-Brand recognition: better chance of being recognized if you were the first to do something

- Economies of Scale: learn how to perfect and grown in the market before other competitors come along

-Switching costs: when customers are established with the first brand they are less likely to want to spend the money to switch to a new competitor

5 0
3 years ago
Other questions:
  • Pete is trying to get a loan. He has a credit score of 480. How is Pete’s lender likely to view this credit score?
    6·2 answers
  • Advertising revenue, the lifeblood of newspaper operations, ______.
    6·1 answer
  • The stock in Bowie Enterprises has a beta of .87. The expected return on the market is 11.70 percent and the risk-free rate is 2
    14·1 answer
  • In 2020, the Merkel Company had revenues of $2,600,000 and costs of $2,100,000. During 2021, Merkel will be introducing a new pr
    5·1 answer
  • The balance in Accounts Receivable at the beginning of the year amounted to $3,360. During the year, $10,640 of credit sales wer
    15·1 answer
  • Why might a customer prefer to put money into a savings account Instead of a checking
    14·2 answers
  • 43. What is the difference between formal and informal structure?
    7·1 answer
  • Help if yk pls and thank uu
    9·2 answers
  • Describe at least 3 Marks of Good Leadership that you feel you have. (Take your time)
    5·1 answer
  • What are some of the advantages of incorporating?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!