Explanation:
Interpersonal product feature play a role in determining one's buying decision. For example, an individual who is open to new experiences may be more likely to try a new technology.
Another example is that of an individual who has a negative view of how he or she looks or dresses, he or she may tend to seek and buy products that could enhance how they feel about themselves.
As regards the quality of a product, it is usually based on the purchase plan period. For example, an individual who notices he needs an item urgently may be less likely to include quality in his buying decision, especially when it's a life-saving item for an emergency. But someone who has the time and has been planning to buy an item for months, will more likely examine quality before he makes a buying decision.
Answer:
a. $2,000
b. $3,000
c. $1,190
Explanation:
a. Taxable income before considering additional income of $20,000 is $130,000.
Total taxable income after consideration = 130,000 + 20,000
= $150,000
Tax cost is within 10% tax bracket so cost of additional income is;
= 20,000 * 10%
= $2,000
b. a. Taxable income before considering additional income of $20,000 is $2 million.
Total taxable income after consideration = 2,000,000 + 20,000
= $2,020,000
Tax cost is within 15% tax bracket so cost of additional income is;
= 20,000 * 15%
= $3,000
c. Assuming loss can offset taxable income the taxable income would be;
= 20,000 - 3,000
= $17,000
This falls under the 7% range so the tax cost will be;
= 17,000 * 7%
= $1,190
This would be D. Rhyming. One of the most common elements in the lyrics of a song is rhyming, so this technique would definitely help you memorize when Penicillin was discovered.
Answer:
Increase consumption of product Y and decrease consumption of product X
Explanation:
The utility maximization rule states that consumers decide to allocate their money resources so that the last dollar spent on each product purchased yields the same amount of extra marginal utility.
based on the law of marginal utility, as long as one good provides more utility per dollar, the consumer will buy more of that good.
We will now examine the marginal utilities per dollar of the two goods- X and Y.
Marginal utility per dollar of good X = 10/5 = 2 units per dollar
Marginal utility per dollar of good Y = 8/1 = 8 units per dollar
This means that the consumer will purchase more of Y than X since its marginal utility is higher.
Answer:
c. debit to Bad Debt Expense for $3960.
Explanation:
The journal entry to record the bad debt expense is shown below;
Bad debt expense Dr ($3,140 + $820) $3,960
To Allowance for doubtful debts $3,960
(Being the bad debt expense is recorded)
For recording this we debited the bad debt expense as it increased the expenses and credited the allowance for doubtful debts as it decreased the assets
Therefore option c is correct