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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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For a particular good, a 10 percent increase in price causes a 3 percent decrease in quantity demanded. Which of the following s
SCORPION-xisa [38]

Answer:

The correct answer is letter "D": The relevant time horizon is short.

Explanation:

Time horizon is the length of time you can part with your money before you need it again. If you have a long time horizon, there are more opportunities to make a profit out of an investment  but if the time horizon is short there are more possibilities to end up with losses out of an investment. In other words, <em>the longer the time horizon the most likely to profit and the shorter the time horizon the most likely to end with losses</em>.

7 0
3 years ago
Which control standard is stated most effectively?
MaRussiya [10]

The  control standard that is stated most effectively is: Increase sales of our top-end product from 2000 in the first quarter to 3000 during the same period by 2024.

<h3>What is meant by the term control standard?</h3>

This is the term that is used to refer to all of the set standards in an organization that has the ability of taking care of several measures as well as their control and all forms of corrective measures.

It helps in the comparison of the subsequent performance with the performance that used to exist.

Hence we would say that the answer is Increase sales of our top-end product from 2000 in the first quarter to 3000 during the same period by 2024.

Read more on control standard here: brainly.com/question/28593978

#SPJ1

3 0
1 year ago
What type of budget is used to forecast income and expense for ongoing business operations?
Kruka [31]

Answer:

The correct answer is: Operating budget.

Explanation:

An operating budget is an estimate a business make of the expenses and revenue it plans to book in its ongoing operations. Operating budgets can also be used to forecast future operating corporate periods. This type of budget mainly includes the <em>number of sales expected in dollars</em>, <em>fixed and variable costs</em> as well as <em>operating expenses</em> such as loan payments or depreciation.

4 0
3 years ago
An omitted variable is a variable that: 1. is purposely left out as it does not aid an economic analysis. 2. is removed from a s
Romashka-Z-Leto [24]

Answer:

The correct answer is 4

Explanation:

OVB stands for the Omitted Variable bias, is the term which is defined as the any variable which is not involves or included as the independent variable in the regression, which could influence or impact the variable that is dependent.

From the above options, the omitted variable is the variable which is defined as the which has been left out, if involves, will state the reason why the variable will be considered in the study are correlated to each other.

4 0
3 years ago
On May 1, Ramona and Santonio orally agree that Santonio will guide a party from the base of Mount McKinley to its summit and fr
yan [13]

Answer:

1.Contract is express

2.Contract executory

Please explanation below.

Explanation:

1)Contract is Expressed

Expressed contract consist of agreement in which terms are stated by parties either orally or in written .  

2) The contract is executory

Since contract is performed only by Santonio and since Ramona will make payment on 1 june ,on 31 may it is still to be performed by ramona  so the contract is executory (only part performance is made) .An executory contract is a contract that has not yet been fully performed or fully executed. It is a contract in which both sides still have important performance remaining.

4 0
3 years ago
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