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hjlf
3 years ago
7

As a​ rule, product decisions are likely to be highly involving if the consumer believes there is a great deal of​ ________. thi

s means the person believes there might be negative consequences if he or she chooses the wrong option.
Business
1 answer:
Stella [2.4K]3 years ago
8 0

If there is a high level of PERCEIVED RISK, then consumers will take more time and effort in making a decision.

Think for example buying a house versus buying a soda.

There is not much thought needed when you are buying a soda. Choose which brand and what size, you are done.

When buying a house, because it is both more complex and more expensive, there is a greater perceived risk of losing money. When buying a home, it is a large investment and carries much risk, therefore the consumer will take more time and effort evaluating the purchase decision.

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Maxim manufactures a cat food product called Green Health. Maxim currently has 10,000 bags of Green Health on hand. The variable
Rudik [331]

Answer: $92,880

Explanation:

The Gross Profit can be calculated by simply removing the cost from the sales amount.

It is stated that the additional processing will yield 10,000 bags of Premium Green and 3,600 bags of Green Deluxe, which can be sold for $7.55 and $5.55 per bag.

Sales figure is therefore,

= (10,000 * 7.55) + (3,600 * 5.55)

= 75,500 + 19,980

= $95,480

Subtracting the cost to get,

= 95,480 - 2,600

= $92,880

The total gross profit would is $92,880.

7 0
3 years ago
Suppose that a worker in Freedonia can produce either 6 units of corn or 2 units of wheat per year, and a worker in Sylvania can
prohojiy [21]

Answer:

a. 30 units of corn and 30 units of wheat.

Explanation:

Freedonia:<u><em> (without trade)</em></u>

6 corn   x 5 workred = 30 corn

2 wheat x 5 worked = 10

Fredonia <u><em>(with trade)</em></u> will focus on corn only:

6 corn x 10 workers = 60 corn

Then 30 are trade it out, leaving 30 corn

from trade it receives 30 units of wheat

total 30 units of both goods.

4 0
3 years ago
The news headline ​"Consultants replacing high school counselors​" deals with the​ ______​ question(s) of economics.
Ede4ka [16]

Answer:

The correct answer is <em>(A) how</em>.

Explanation:

The news headline ​"Consultants replacing high school counselors​" deals with the​ how​ question(s) of economics.

Given the structure of the sentence, the most appropriate word in this sentence is how.

Consultant is the professional who dominates a specific topic and uses his knowledge to help other people.

7 0
4 years ago
Hello people, I was wandering if I could get some people to complete this questionnaire for my business course. It would be very
8_murik_8 [283]

Answer:

I did it thank you for points too

4 0
3 years ago
Andrea sued her former employer for a back injury she suffered on the job in 2019. As a result of the injury, she was partially
diamong [38]

Answer:

$172,000

Explanation:

Calculation for what Andrea's 2020 gross income from the above is:

Using this formula

2020 gross income=Punitive damages+ Medical expenses deducted

2020 gross income=$160,000+$12,000

2020 gross income=$172,000

Therefore Andrea's 2020 gross income from the above is: $172,000

5 0
3 years ago
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