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LiRa [457]
1 year ago
9

the two types of shopping products are: group of answer choices unsought and convenience generic and family exclusive and intens

ive heterogeneous and homogeneous
Business
1 answer:
d1i1m1o1n [39]1 year ago
8 0

The two types of shopping products are homogenous and heterogenous products. Hence the correct answer choice is option (d).

<h3>Enlist the features of a homogenous product.</h3>

Following are the features of a homogenous product :

  • Market Structure: A crucial characteristic of a perfectly competitive market is homogeneous products. A market structure known as perfect competition is one that has numerous customers and sellers, homogeneous products, and no entry obstacles. Theoretically, homogeneous commodities cannot be distinguished from one another in a market with perfect competition.
  • Price Determination -A homogenous product's pricing is the deciding factor in which one product should be chosen over another. When a customer is in front of a shelf filled with similar goods, they are searching for the one with the best deal.
  • Consumer Loyalty: Referring to customers that favour a product brand, marketing strategy, or the company's ideals, consumer loyalty is important for products that are not uniform in nature. When a product, like laundry detergent or dish soap, is a recurring necessity, consumer loyalty may apply to homogeneous commodities. A consumer will frequently remain loyal to a homogeneous product in the future if they originally buy it based solely on pricing and are happy with it.

To know more about, perfectly competitive market, visit :

brainly.com/question/14367760

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The complete question is mentioned below :

The two types of shopping products are:

a. unsought and convenience.

b. generic and family.

c. exclusive and intensive.

d. heterogeneous and homogeneous.

e. consumer and business.

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3 0
1 year ago
The internal financial statements of Vera Incorporated show that their beaded purses incurred an operating loss in the most rece
brilliants [131]

Answer:

Vera Incorporated

Change in annual operating income from discontinued business:

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Explanation:

a) Calculation of the Net Income Lost:

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Avoidable fixed cost          $21,000

Reduction of Income       ($78,000)

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3 years ago
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Kruka [31]

Answer:

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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.

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