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Mandarinka [93]
3 years ago
7

_______ is best described as the difference between the value a consumer attaches to a good or service and what he or she paid f

or it. consumer equity consumer lifetime value consumer surplus consumer price index references multiple choice
Business
1 answer:
zysi [14]3 years ago
5 0

Consumer Surplus

This is the difference between what consumers are willing and able to pay and what they actually do pay. You may be willing to spend up to $100 on a new pair of shoes but if you find the perfect pair on sale for $20 you will buy those and there will be an $80 surplus.

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$1555

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Product deletion can best be described as the process of deleting a product from the product mix when it a. no longer responds t
Mamont248 [21]

Answer:

(c). no longer satisfies a sufficient number of customers

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Product deletion refers to removal or discontinuance of a product from the product line when such a product has been consistently incurring losses since a number of years and it's further continuation would adversely affect the other products and profitability.

A product is usually deleted from the product line on the grounds of it's failure in satisfying a sufficient number of customers.

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3 years ago
Boron company has net sales of $60,000; beginning inventory of $7,000; purchases of $35,000 and ending inventory of $5,000. The
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Net sales for the Boron Company were $60,000, with $7,000 in beginning inventory, $35,000 in purchasing, and $5,000 in ending inventory. $37,000 is the cost of the sold goods.

Cost of Goods Sold is calculated as Beginning Inventory minus Purchases minus Ending Inventory.

$7000+$35000-$5000=$37000

The direct costs of producing the products that a business sells are referred to as its cost of goods sold (COGS). The cost of the labor and materials directly employed to make the good are also included in this sum. It doesn't include indirect expenditures like those associated with the sales staff and distribution. As a company's gross profit is calculated by subtracting COGS from its revenues, COGS is a crucial financial statement statistic.

To learn more about Cost of goods sold here

brainly.com/question/13499038

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7 0
1 year ago
Mark s wife asked him how his first day at work went. He smiled and said everyone he met told him about how Jed McClusky single-
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The correct answer is a. corporate stories.

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3 years ago
Toby is purchasing a $15 cake for their mother's birthday.
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