The graph shows a point of equilibrium.

Consumers usually buy a(n) _____ only after comparing several brands or stores on style, practicality, price, and lifestyle comp

IgorC [24]

Consumers usually buy a shopping product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility

<h3>Who are consumers?</h3>

Consumer are individual or group of people who are willing to pay for a particular products or services they need.

Consumer often go around to compare prices and custom relations after which they decide who to buy from.

Therefore, Consumers usually buy a shopping product only after comparing several brands or stores on style, practicality, price, and lifestyle compatibility

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8 0

2 years ago

What was the innovative way pears’ soap marketed its product?

Degger [83]

Brand name was the innovative way pears’ soap marketed its product.

Brand name is one of the brand elements by which customers are helped to identify and differentiate one product from another. It should be chosen very carefully.

It captures the key theme of a product in an efficient and economical manner. It can be noticed easily and its meaning can be stored and triggered in the memory instantly.

Choice of a brand name requires a lot of research. Brand names are not necessary to be associated with the product.

For example , brand names can be based on places such as Air India or British Airways, animals or birds name such as Dove soap, Puma, people name such as Louise Phillips, Allen Solly etc. In some instances, the company name is used for all products for example, General Electric, LG.

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6 0

2 years ago

On January 1, 2021, Taco King leased retail space from Fogelman Properties. The 10-year finance lease requires quarterly variabl

Natalija [7]

Answer:

<u>Jan 1st, 2021 entry:</u>

Equipment 746,168 debit

Lease Liability 723,668 credit

Cash 22,500 credit

<u>April 1st, 2021 entry:</u>

Interest expense 7,537 debit

Lease Liability 15,263 debit

Cash 22,800 credit

Explanation:

We will assume a 750,000 sales revenue per quarter. As this was their historical and expected value:

750,000 x 3% = 22,500 per quarter

Now, we solve for the present value of the lease payment:

$C \times \frac{1-(1+r)^{-time} }{rate}(1+r) = PV\\$

C 22,500

time 40 (10 years x 4 quarter per year)

rate 0.01 (4% annual / 4 quarters)

$22500 \times \frac{1-(1+0.01)^{-40} }{0.01}(1+0.01) = PV\\$

PV $746,168.2419

we subtract the first payment of 22,500

lease liability reocrded in the enrty: 723.668

As lease sales were 760,000

lease payment: 760,000 x 3% = 22,800

less expected of 22,500 = 300 additional interest expense

interest expense: 723,668 x 0.01 = 7,237 + 300 = 7,537

amortization on lease liability: 22,800 -7,537 = 15,263

6 0

4 years ago

The chefs at Lorifusion, a continental restaurant, are given the freedom to try out new ways of presenting their dishes. This he

REY [17]

Answer:

The answer is: A) A creative work environment

Explanation:

Creative working environments usually enable employees to spend time creating different products, being unpredictable, testing different ideas, making mistakes, and innovating.

It's not easy for management to create such working environments, specially when innovation is not linear, is unpredictable and may be inefficient sometimes. But at the long run, innovative companies will tend to dominate their markets.

7 0

3 years ago

Your job pays you only once a year for all the work you did over the previous 12 months. Today, December 31, you received your s

s344n2d4d5 [400]

Answer:

Final Value= $4,216,869

Explanation:

Giving the following information:

You have decided that one year from today you will begin depositing 10 percent of your annual salary in an account that will earn 9.2 percent per year. Your salary will increase at 3 percent per year throughout your career. Your salary is $52,000

Your retirement is in 40 years.

We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A=annual payment= 5,200

i= 9.2% interest + 3% year increase= 12.2%

n=40

FV= {5,200*[(1.122^40)-1]}/0.122

FV= $4,216,869

6 0

4 years ago