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1 year ago

The practice of buying goods and services now and paying for them later is termed:______

Business

1 answer:

sesenic [268]1 year ago

7 0

The practice of buying goods and services now and paying for them later is termed is Bartering.

A barter is a transaction in which two or more parties exchange products or services without exchanging cash or other forms of payment like credit cards.

In its simplest form, bartering entails the exchange of one party's good or service for another party's good or service.

A carpenter who constructs a fence for a farmer is a straightforward illustration of a barter transaction.

The farmer might compensate the carpenter with $1,000 worth of crops or groceries rather than paying the builder $1,000 in cash for labor and supplies.

To learn more about Bartering here

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True or false. Unemployment compensation is generally unavailable for people who quite a job without good cause

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Answer:

true; unemployment compensation is generally unavailable for people who quite a job without good cause

Explanation:

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2 years ago

A transaction in which things of value are traded by buyers and sellers

cluponka [151]

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2 years ago

Suppose that in a certain community, 40% of the residents would answer "yes" to the question, "do you know the names of at least

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Answer:

The proportion of people in your sample whose response is yes=40 people

Explanation:

Step 1: Determine the statistical proportion that will say yes

Proportion=40%=40/100=0.4

Step 2: Determine the proportion in the sample that will say yes

The proportion in the sample can be expressed as;

P=S×Z

where;

P=proportion in the sample

S=statistical proportion

Z=sample size

In our case;

P=unknown to be determined

S=40%=40/100=0.4

Z=100

replacing;

Proportion in the sample=0.4×100=40

The proportion of people in your sample whose response is yes=40 people

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3 years ago

A fast-food restaurant serves the student community within a university campus. The restaurant newly introduces pocket-friendly

MissTica

Answer:

These are the options for the question:

A. Segmentation

B. Cannibalization

C. Market penetration

D. Product bundling

And this is the correct answer:

B) Cannibalization

Explanation:

Cannibalization occurs when a newly introduced product reduces the market share of previous products.

In this case, the pocket-friendly combo meals have effectively made the rest of the menu unattractive to customers, it has cannibalized the other meals.

This effect is refer to as cannibalization, because as the original meaning refers to a hostile act withing the same species, in marketing, this effect occurs among products within the same company.

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3 years ago

With a regressive tax system, as the level of income increases in an economy, the average tax rate will:  A. Increase B. Decreas

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Answer:

The correct answer to the following question is option B) decrease.

Explanation:

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3 years ago