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Alona [7]
3 years ago
13

Rob only has 30 minutes off for lunch, so he typically goes somewhere within a block or two of his building, and is careful abou

t what he orders. this is an example of which situational influence in the purchase decision process?
Business
1 answer:
shepuryov [24]3 years ago
6 0

The example of situational influence in the purchase decision process that Rob’s action is in is the temporal effects. This usually refers on the individual’s time in the day where in the individual has the thought of deciding with the given time provided to him or her. 

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Land used for raising crops or livestock is generally called a
lozanna [386]

Answer:

A tract of land used for raising crops or livestockcan be called a field or a farm.

8 0
2 years ago
Read 2 more answers
A firm offers terms of 1.8/10, net 30. a. What effective annual interest rate does the firm earn when a customer does not take t
LUCKY_DIMON [66]

Answer:

a) 39.304%

b) 67.91%

c) 14.17%

Explanation:

a. Given"

Offer terms = 1.8/10

Now,

The Effective annual interest rate is given as:

= (\frac{\textup{100}}{\textup{100 - Discount rate}})^{(\frac{365}{total period - discount period})}-1

on substituting the respective values, we get

= (\frac{\textup{100}}{\textup{100 - 1.8}})^{\frac{365}{(30 - 10)}}-1

= 0.39304

or

= 39.304%

similarly,

b. for 2.8/10 net 30

Effective annual interest rate = (\frac{\textup{100}}{\textup{100 - 2.8}})^{(\frac{365}{(30 - 10)})}-1

= 0.6791

or

= 67.91%

c. for 1.8/10 net 60

Effective annual interest rate = (\frac{\textup{100}}{\textup{100 - 1.8}})^{(\frac{365}{(60 - 10)})}-1

= 0.1417

or

= 14.17%

8 0
3 years ago
Sarah is paid minimum wage as a fast food worker. although she has enough money for food, clothing, and shelter, her wage is sig
Ksivusya [100]

Sarah can best be labeled as living in <u>"relative"</u> poverty.

Relative poverty is the condition in which individuals do not have the base measure of salary required with a specific end goal to keep up the normal way of life in the general public in which they live. Relative neediness is viewed as the least demanding approach to quantify the level of destitution in an individual nation. Relative destitution is characterized with respect to the individuals from a general public and, in this manner, varies crosswise over nations. Individuals are said to be devastated on the off chance that they can't stay aware of the way of life as dictated by society.

3 0
2 years ago
RV Company agrees to buy a certain quantity of vintage campers from Sales Inc. Their contract limits consequential damages for l
Aleks [24]

Answer:

consequential damages cover only reasonable foreseeable losses.

Explanation:

  • The contract limits the resulting loss to lost profits from the use of the goods. The limit is not necessarily unconscious because lost profits are not necessarily significant and can be considered as direct or indirect losses.
  • the contract may apply to both the lease and the sale and excluding some from the contract simply because it is a commercial loss makes no sense.
  • so limit is not necessarily unconscionable because consequential damages cover only reasonable foreseeable losses.

4 0
2 years ago
Menlo Company distributes a single product. The company’s sales and expenses for last month follow: Total Per Unit Sales $ 600,0
castortr0y [4]

Answer:

1.

Break even in units = 12100 units

Break even in dollar sales = $484000

2.

Total contribution margin at break even point is $145200.

Explanation:

1.

Break even point is a point, calculated in either units or in dollar value, which provides a point where there is no profit or no loss and the total sales revenue is equal to the total cost.

Break even in units and in dollars can be calculated as follows,

  • Break even in units = Fixed costs / Contribution margin per unit

  • Break even in dollars = Fixed costs / Contribution margin ratio

  • Where contribution margin = Selling price per unit - variable cost per unit

  • Contribution margin ratio = Contribution margin per unit / selling price per unit

Break even in units = 145200 / 12    = 12100 units per month

Break even in dollars = 145200 / (12/40)    = $484000

2.

Total contribution margin at break even point is $145200 because total contribution margin is the difference between the total sales revenue and total variable cost and at the break even point, the total contribution margin is enough to cover total fixed cost. So, it is equal to the total fixed cost.

6 0
3 years ago
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