B. The prevailing circumstances act as stimuli to the buyer's responses
Explanation:
Circumstances the buyer finds himself can determine a buyer's response.
For example if the buyer finds that he needs the product or service for him/her to have comfort or even to continue living it will stimulate him/her to make the purchase.
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Answer:
5) Nonsanctioned leadership is as important as formal influence.
Answer:
c. 0.0819
Explanation:
The mean = 0.85
standard error of the proportion is: sp = sqrt(pq/n)
= sqrt ((.85)(0.15) / 51) = 0.05
P(0.9115 < X < 0.946) = P( (0.9115 - 0.85) / 0.05 < z < (0.946 - 0.85) / 0.05 )
= P(1.23 < z < 1.92)
= P(z < 1.92) - P(z < 1.23) = 0.0819
Answer:
$80,000
Explanation:
Calculation of the Cost of Land based on fair value :
Land Cost = $100,000 / $1,000,000 x $800,000
= $80,000
therefore,
Sheeran would record the land at $80,000
Answer:
$473,760
Explanation:
Calculation to determine the incremental revenues next year from the upgrade
Using this formula
Incremental revenues= Units* Percentage Increase in total sales*Sales price
Let plug in the formula
Incremental revenues=94000 units* 24% * $21
Incremental revenues= $473,760
Therefore the incremental revenues next year from the upgrade will be $473,760
