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Papessa [141]
4 years ago
8

In order to understand consumer purchasing patterns for Lay's chips, Frito-Lay market researchers are likely to use ________ bec

ause it analyzes large purchase history databases and coupon redemption histories looking for patterns.a. surveys
b. focus groups
c. data mining
Business
1 answer:
S_A_V [24]4 years ago
4 0

Answer: (C) Data mining    

Explanation:  

 The data mining is one of the process that is specifically used for extracting the necessary data or information from the given raw data system and it specifically uses the mathematical analysis for driving the various types of patterns.

The data mining is also known as the knowledge discovering tool that is used for extracting the knowledge from the give data in an organization.

According to the given question, the Frito-lay market is using the data mining method for analyzing the lathe history from the given database. Therefore, Option (C) is correct answer.  

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Long-term assets that are useful in the operations of a business, are not held for sale, and are without physical qualities. Dur
brilliants [131]

<u>Solution and Explanation:</u>

1  Amount of depletion, impairment and amortization for the current year  

A  Cost of timber rights on a tract of land  $3,461,120  

Estimated stand of timber           5,408,000  

Cost of depletion per board feet (3461120 divided by 5408000)  $0.64  

Current year depletion charges for 1,028,300 board feet  $658,112    

B  Impairment loss  $3,640,000      

C  Cost of Patent  $6,108,000  

Estimated economic life  10 years  

Amortization period                  3/4  

Amortization (6108000 / 10 \text { year } \times 3 / 4)  $458,100      

2  <u>Adjusting entries </u>  

Account Titles                       Debit         Credit

a  Depletion expense             $658,112  

Accumulated depletion                   $658,112    

b  Loss from Impaired Goodwill  $3,640,000  

Goodwill                                              $3,640,000    

c  Amortization expense-Patents  $458,100  

Patents                                                         $458,100

3 0
3 years ago
BBB Auto Club provides emergency road service and other services to its members. BBB Auto Club charges a higher membership fee t
Oksanka [162]

Answer: Adverse selection            

Explanation: In simple words, adverse selection refers to an insurance problem in which the buyer and seller of the insurance do not have same information. This occurs when the buyer deliberately hide some material facts from the insurance company.

In the given case, The company is charging more from new customers because they have perception that they take their services only when it is highly probable they have to use that.

Hence from the above we can conclude that the correct option is B.

8 0
3 years ago
Economists agree that ________________ inflation reduces real output.
Romashka [77]
Answer:  "cost-push" .
__________________________________
7 0
3 years ago
A house worth $180,000 has a coinsurance clause of 75 percent. The owners insure the property for $101,250. They then have a los
pav-90 [236]
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3 0
3 years ago
Read 2 more answers
When the price of good a increases, the total revenue from good a is unchanged. from this we know that the demand for good a is:
DaniilM [7]

When the price of good a increases, the total revenue from good a is unchanged. From this we know that the demand for good a is unitary elastic

Whenever the change in the price of a good occurs there is a change in the demand of the good as well. This certainly affects the revenue generated from that good.

This change in demand can be mainly classified into different types i.e. elastic, inelastic and unitary.

However, unitary elastic demand is the one in which change in the price causes exact proportionate change in the demand as well. This means that the revenue generated from the good remains unchanged.

In other words, the good is being consumed in the same amount and price has not affected the consumption.

If you want to know more about the unitary elasticity demand, click here
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8 0
2 years ago
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