People do have preference. Routine response behavior is the marketing term for this type of consumer behavior.
<h3>What is consumer behavior?</h3>
Consumer behavior is known to be the study of how people, customers, groups, etc., often select, buy, or use goods, and services to answer to their needs and wants.
Routine Response is also known as Programmed Behavior. Here one is buying low cost items and as such one do not need much search and decision effort.
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Answer:
Opportunity cost 900,000
Explanation:
The opportunity cost is the cost of the best alternative rejected, in order to do the pcurrent porohect.
The student, if picked to return on collegue, the opportunity cost will be the rejected baseball team or the rejected football team.
In this case, given two alternatives:
one for 20,000
and one for 900,000
the opportunity cost will be of 900,000 as is the best alternative
The opportunity cost for return to college will use this cost.
I will look at your profile and see if I can subscribe based on your content
Answer: 39%
Explanation:
From the question, we are informed that company earned $7,605 in net income for October and that its net sales for October were $19,500.
To calculate its profit margin, we have to divide the net income by the net sales. This will be:
= 7605/19500
= 0.39
= 39%
Answer:
The correct answer is letter "E": To a large extent, the decision to dissolve a firm through liquidation versus keeping it alive through reorganization depends on a determination of the value of the firm if it is rehabilitated versus the value of its assets if they are sold off individually.
Explanation:
Liquidation refers to the termination of an enterprise and the transfer of its properties to the creditor or business owners. The liquidation most frequently happens in the context of a bankruptcy. A bankruptcy trustee must sell the company properties to the creditors and split the proceeds.
<em>The decision of keeping a business against liquidating it will depend on the comparison between the value of continuing operating which relies on the current value the firm has in the market against the value of the individual assets the firm has. Whichever greater will determine if the business will remain open or if it will be closed.</em>
