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Tanya [424]
4 years ago
11

Maria is purchasing a new car whose MSRP is $22,450. She is trading in her old car for $7000 and being upgraded to a premium pac

kage for $4000. Vehicle delivery is an additional $700. What is Maria's total?
Business
2 answers:
vivado [14]4 years ago
6 0
It is 20,150 Apex Homies
kupik [55]4 years ago
5 0
It should be $20,150
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What is the term for the aesthetic that emerged with technological innovations and through mass media and entertainment, avoidin
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Group of answer choices.

a. Avant-Garde

b. Zeitgeist

c. Modern

d. Post-Modern

Answer:

c. Modern.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

According to the economist Philip Kotler in his book titled "Marketing management" he stated that, there are five (5) levels of a product. This includes;

1. Core benefit.

2. Generic product.

3. Expected product.

4. Augmented product.

5. Potential product.

The core benefit of a product can be defined as the basic (fundamental) wants or needs that is being satisfied, met and taken care of when a customer purchase a product.

Innovation typically involves the creation of a new product of any category such as automobile, building, phones, electronics, etc., that generates money for the innovators or manufacturers through purchase made by the end users (consumers).

Modern is the term used to describe an aesthetic (artistic goods or products) that emerged with technological innovations and through mass media and entertainment, avoiding any reference to past fashion, instead focusing on sleekness, banishment of frills, functional details, and performance and technical fabrics.

This ultimately implies that, the product isn't obsolete in nature but designed and developed to meet new tastes.

4 0
3 years ago
What is the present value of a five consecutive cash flows of $1,000 per year that start four years from today if the discount r
Georgia [21]

The cash flow (payment or receipt) made for a given period or set of periods. The present value, PV, of a series of cash flows is the present value, at time 0, of the sum of the present values of all cash flows, CF. We start with the formula for PV of a future value ( FV) single lump sum at time n and interest rate.

Yw and pls mark me as brainiest

5 0
2 years ago
Briefly discuss the difference between these two concepts. A. Perfect competition results in productive efficiency but not neces
Butoxors [25]

Question:

Allocative efficiency is an economic concept that occurs when the output of production is as close as possible to the marginal cost. In this case, the price the consumers are willing to pay is almost equal to the marginal utility they derive from the good or the service.

Productive efficiency is concerned with producing goods and services with the optimal combination of inputs to produce maximum output for the minimum cost. To be productively efficient means the economy must be producing on its production possibility frontier.

Required

Briefly discuss the difference between these two concepts.

A) Perfect competition results in productive efficiency but not necessarily allocative efficiency.

B) Productive efficiency pertains to production within an industry while allocative efficiency pertains to production across all industries.

C) Productive efficiency results in zero economic profits but allocative efficiency does not.

D) Perfect competition results in allocative efficiency but not necessarily productive efficiency.

E) Economic surplus is maximised with productive efficiency but not necessarily with allocative efficiency.

Answer:                      

The correct answer is  E    

Explanation:

Economic efficiency refers to a situation where all goods and factors of production in an economy are distributed or allocated to their most valuable use with little or no waste.

Economic efficiency is maximized when price (P) from selling the product is equal to marginal cost (MC) of producing it:

P = MC

When price (P) is equal to marginal revenue (MR), both profit and efficiency are maximized.

Caption:

Max Profit = Max Efficiency

When P = MR = MC

Whether price is equal to marginal revenue or not depends on how pricing is done.

Cheers!

5 0
3 years ago
If the net present value of the payments at the time of the leases was 88% of the actual market price and the useful life of the
Aliun [14]

Answer:

A. True

Explanation:

Examples of situations that individually or in combination would normally lead to a lease being  classified as a finance lease are:

(a) the lease transfers ownership of the underlying asset to the lessee by the end of the lease  term;

(b) the lessee has the option to purchase the underlying asset at a price that is expected to be  sufficiently lower than the fair value at the date the option becomes exercisable for it to be  reasonably certain, at the inception date, that the option will be exercised;

(c) the lease term is for the major part of the economic life of the underlying asset even if title is  not transferred;

(d) at the inception date, the present value of the lease payments amounts to at least substantially  all of the fair value of the underlying asset; and

(e) the underlying asset is of such a specialised nature that only the lessee can use it without major  modifications.

Since at the time of lease the net present value of the payments is 88% of the actual market price and the useful life of the asset was 70% at the end of the lease term and also the title of asset shall not be transferred to lessee at the end of lease term, therefore the lease shall not be classify as finance lease and it shall be classified as operating lease so the answer is A. True

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3 years ago
Anita is interested in new technology that can make the processes at her business run more smoothly. What resources could she us
otez555 [7]
D all of the above this is correct because she would learn and derive information from all these sources.
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3 years ago
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