Answer: $646,000
Explanation:
Cash payment for the month of September
August pmt = $610,000x 70%= $427,000
September pmt = $730,000 x 30%= $219,000
Total payment in September = $427,000 + $219,000 = $646,000
Question:
When Branden decided he needed a new car, he immediately called his old college roommate, who owns a BMW dealership, to ask questions about options and financing.
Branden was searching for information from
A) an internal locus of control
B) an external source
C) an internal source
D) a situational factor group
E) a reference source.
Answer:
The correct answer is B) an External Source
Explanation:
Marketing studies the the The Consumer’s Decision-Making Process to enable business owners understand what drives demand.
The consumer decision process comprises of 5 stages. They are:
- problem or need recognition,
- information search,
- evaluation of alternatives,
- purchase, and
- post-purchase behaviour.
The questions deals with the information search stage.
Information search may be internal or external.
<em>External information search</em> is happens when a person seeks information from personal sources (for example, word of mouth from friends/family ) and/or public sources (e.g. online forums, consumer reports) or marketer dominated sources such as sales persons, advertising, especially when a person’s previous experience in that area is limited.
Cheers!
Answer: monopolistically competitive industry
Explanation:
Based on the above information, Hot Wok Cuisine is most likely operating a monopolistically competitive industry.
This is a type of industry whereby the firm's make their own pricing and output decisions. There are large number of competitors, but the products that they sell are slightly different from one another. Also, there some entry barriers.
We can infer that the restaurant differentiates itself from a large number of competitors by providing exclusively organic Chinese cusine and there are entry barriers.
<span>a.price floor
Where the government fixes the minimum retail price</span>
Answer:
B. more than zero if no products were made and would then increase in direct proportion to output
Explanation:
Semi-fixed Cost will be "more than zero if no products were made and would then increase in direct proportion to output."
This is because a semi-fixed cost also known as semi-variable cost or mixed cost is a combination of both a fixed factor and a variable factor.
Such that if production was zero some costs would still be incurred. However, as output rises, the variable part of the costs will rise in direct proportion to output.