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Brilliant_brown [7]
1 year ago
7

When a firm's customers make investments in order to use its particular product or service, the customers incur which type of co

sts if they purchase another firm's products or services instead?
Business
1 answer:
vladimir1956 [14]1 year ago
4 0

When a firm's customers make investments in order to use its particular product or service, the customers incur switching costs if they purchase another firm's products or services instead. Therefore, the option B holds true.

<h3>What is the significance of switching costs?</h3>

The switching costs can be referred to or considered as the costs incurred by the customers of a product or a service when they use the alternatives or the competitive products available in the market, instead of the product they were using earlier.

Therefore, the option B holds true and states regarding the significance of the switching costs.

Learn more about switching costs here:

brainly.com/question/14728758

#SPJ1

When a firm's customers make investments in order to use its particular product or service, the customers incur which type of costs if they purchase another firm's products or services instead?

A. Acquisition costs

B. Switching costs

C. Alternative costs

D. Replacement costs

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Artyom0805 [142]

Answer: $36,000

Explanation:

First calculate the Equivalent Units of Production;

= 21,000 + (3,000 * 40%)

= 21,000 + 1,200

= 22,200 units

Then find the cost of each units.

= Total production cost/ Equivalent units of production

= 666,000/22,200

= $30 per unit

Then the cost of ending Goods in Process Inventory is:

= Equivalent ending process inventory units * cost per unit

= 1,200 * 30

= $36,000

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3 years ago
Name four components of brand advocacy.
natali 33 [55]

Answer:

program goals, criteria for selection, a plan for onboarding and a plan for continued engagement

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3 years ago
A company had a beginning balance in retained earnings of $44,800. It had net income of $7,800 and declared and paid cash divide
Olenka [21]

Answer:

$46,525

Explanation:

Formula for ending retained earnings is as follows;

<em>Ending retained earnings = Beginning retained earnings + Net income -  cash dividend</em>

Beg. RE = 44,800

Net income = 7,800

Cash dividends = 6,075

Plug in the values to the above formula;

Ending retained earnings = 44,800 + 7,800 - 6.075

Ending RE  balance would be = $46,525

7 0
3 years ago
Home of households, inc., has an appliance manufacturing plant in the chicago area. the company specializes in producing smaller
Allushta [10]

Answer:

Exporting.

Explanation:

Exporting is the process where goods and sert are produced on one country and sold to buyers in another country. Usually contries produce goods they in which they incur low cost compared to other countries for export.

Home of households produces smaller washers and dryers for countries where consumers have less living space. So they are exporting.

6 0
3 years ago
Under project planning activities, defining what leads to successful completion is a part of quizlet
marissa [1.9K]

Under project planning activities, defining what leads to successful completion is a part of <u>DURATION.</u>

Duration is the sum of the workdays, hours, or weeks necessary to finish a job. The length is determined by the resources' capability and availability. The amount of effort required to finish a task, or the actual time spent working on the project, is measured in person hours.

<h3><u>How is project duration calculated?</u></h3>
  • We must know how to estimate duration while creating a timetable. We might simply compute our projected project length by taking the number of effort hours, divided by the number of resources, assuming everyone worked eight hours each day and was completely productive throughout all eight hours.

To know more about duration in a project, check the given links.

brainly.com/question/11375376

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3 0
2 years ago
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