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choli [55]
1 year ago
15

Consumer products are classified based on the attributes used in making the purchase decision, the effort spent by the consumer,

and the.
Business
1 answer:
Nitella [24]1 year ago
6 0

Consumer Products are categorised based on the criteria used to make the decision to buy, the consumer's effort, and the frequency of purchases.

What are Consumer Products?

  • Products that are purchased by people or households for personal use are referred to as consumer products or final goods.
  • Customer products are therefore things that the typical consumer purchases for personal consumption.
  • There are four major categories of consumer items, each with its own marketing considerations. Consumer goods are items purchased by the typical consumer for personal use.
  • Consumer products are the end product of production and manufacturing and are often referred to as final goods. Examples of common consumer goods are clothing, food items, and dishwashers.
  • The Consumer Product Safety Act of 1972 established U.S. law and controls the sale of most common consumer items.

To know more about Consumer Products visit:

brainly.com/question/28136530

#SPJ4

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Which of the following is true about how the "invisible hand" influences economic activity through prices when a product has low
Virty [35]

Answer:

The correct answer is c.

Explanation:

Since the point the text is mentioning is above the equilibrium point, we know that the Demand is lower than it should be, while supply is bigger.

In order to increase the demand and lower the supply, we need to decrease the price to the equilibrium price. This will increase the demand and lower the supply making them intersect and reach the equilibrium point, a point that the invisible hand is influencing.

I hope this helps!

8 0
3 years ago
What is revision?hey
igomit [66]

Answer:

The action of revising

Explanation:

3 0
2 years ago
Read 2 more answers
The Wall Street Journal reported the following spot and forward rates for the Swiss franc ($/SF):Spot...........................
Gnoma [55]

Answer:

The Wall Street Journal Reports

a. The Swiss franc was selling at a premium in the forward market.

b. The 30-day forward premium was: $0.0049.

c. The 90-day forward premium was: $0.0099.

d. Dollars to receive from a 90-day forward contract is $95,310.

Explanation:

a) Data and Calculations:

Spot and forward rates for the Swiss franc ($/SF):

Spot............................................ $0.9432

30-day forward.......................... $0.9481

90-day forward.......................... $0.9531

180-day forward........................ $0.9594

Premium:

30-day forward.......................... $0.9481

Spot............................................   $0.9432

Premium =                             $0.0049

90-day forward.......................... $0.9531

Spot............................................   $0.9432

Premium =                             $0.0099

180-day forward........................ $0.9594

Spot............................................    $0.9432

Premium =                               $0.0162

Dollars to receive from a 90-day forward contract is $95,310 ($0.9531 * SF 100,000)

6 0
3 years ago
Kate is a florist. Kate can arrange 20 bouquets per day. She is considering hiring her husband William to work for her. Together
Andrew [12]

Answer:

(d) 15 bouquets

Explanation:

it is given that kate alone can arrange 20 bouquets per day

and it is also given that when Kate and his husband William work together then they arrange 35 bouquets

we have to find the William marginal product

if both together arrange 35 bouquets and Kate alone arrange 20 bouquets it means that 35-20=15 bouquets are arranged by William alone

so the marginal product of William is 35-20=15 so the option will be the correct answer

6 0
3 years ago
Vaughn Manufacturing can sell all the units it can produce of either Plain or Fancy but not both. Plain has a unit contribution
Annette [7]

Answer:

Vaughn should produce Plain as it makes greater profit.

Explanation:

Vaughn Manufacturing can sell all the units it can produce of either Plain or Fancy but not both.

Plain has a unit contribution margin of $86 and takes two machine hours to make and Fancy has a unit contribution margin of $111 and takes three machine hours to make.

There are 2400 machine hours available to manufacture a product.

Profit per machine hour for Plain

= \frac{86}{2}

= $43

Profit per machine hour for Fancy

= \frac{111}{3}

= $37

The difference in profit

= $43 - $37

= $6

Plain makes $6 more profit per machine hour than Fancy.

7 0
3 years ago
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