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1 year ago

determining what items or products you need is the first step in purchasing. this is called a purchasing .

Business

1 answer:

Serga [27]1 year ago

3 0

Identification of the need is the first step for purchasing process.

<h3>Is a buying situation in which the customer purchases a product or service for the first time?</h3>

Modified rebuy: A business shopping for scenario in which the buyer needs to alter product specifications, prices, terms, or suppliers. New task: A enterprise shopping for situation in which the consumer purchases a product or carrier for the first time.

<h3>What are the 3 buying process?</h3>

It is the journey or shopping for manner that customers go through to grow to be conscious of, evaluate, and buy a new product or service, and it consists of three degrees that make up the inbound advertising framework: awareness, consideration, and decision.

Learn more about purchasing process here:

<h3>brainly.com/question/1489991</h3><h3>#SPJ4</h3>

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In order for your savings and investments to truly increase in value, what must they do? select all that apply

Pie

Answer:

1,3,4

Explanation: Those are the one I would choose.

3 0

3 years ago

Veronica had been working at Zenex Industries for eight months when her boss asked to see her in his office. When she walked in,

Alika [10]

Answer:

c. her pounding heart when she heard she was being laid off

Explanation:

Since in the question it is mentioned that Veronica was working with Zenex industries since 8 months and she wants to talk for the promotion but she was laid off because of downsizing of the company so here the non-conditional response example is that her heart was pounding when she heard the news of laid off

Therefore the correct option is c.

6 0

3 years ago

George consumes two goods, milk and cookies. He has maximized his utility given his income. Milk costs $2 per gallon and he cons

olga nikolaevna [1]

Answer:

George buys 5 bags of cookies each month

Explanation:

Given

$Milk = \$2$ (per gallon)

$Marginal\ Utility\ (milk) = 4$

$Cookies = \$4$ (per bag)

Required

Determine the number of bags of cookies he buys

First, we need to determine the marginal utility of cookies

To solve this, we make use of the following formula:

$\frac{MU\ of\ Milk}{Cost\ of\ Milk} = \frac{MU\ of\ Cookies}{Cost\ of\ Cookies}$

Substitute values for

<em>Cost of Cookies = 4</em>

<em />

This gives:

$\frac{4}{2} = \frac{MU\ of\ Cookies}{2}$

$2 = \frac{MU\ of\ Cookies}{2}$

$MU\ of\ Cookies = 2 * 2$

$MU\ of\ Cookies = 4$

From the given table:

The corresponding bags of cookies for marginal utility of 4 is 5

Hence:

George buys 5 bags

8 0

3 years ago

If an individual has a balance on her credit card, but would like to pay less money in the long run, she should _____. make the

jolli1 [7]

If you have a balance on your credit card but you would like to pay less money in the long run, you should pay as much as possible every month.

5 0

4 years ago

Read 2 more answers

A firm is producing 24 units of output. At the 24th unit of output, marginal revenue is $5, and marginal cost is $4; at the 25th

agasfer [191]

Answer:

False.

Explanation:

(1) Units produced = 24 units of output

At the 24th unit of output,

Marginal revenue = $5

Marginal cost = $4

MR ≠ MC

At the 25th unit of output,

Marginal revenue = $4.50

Marginal cost = $4.50

MR = MC

At the 26th unit of output,

Marginal revenue = $4

Marginal cost = $5

MR ≠ MC

A firm maximizes its profit at a point where the marginal revenue is equal to the marginal cost i.e. MR = MC.

It is clear from the above scenario that this firm doesn't stop at 24 units of output because at this point of production profit maximizing condition is not fulfilled which means MR ≠ MC.

This firm should stopped at 25 units of output where marginal revenue is equal to the marginal cost from the 25th unit of output.

6 0

3 years ago