Answer:
The answer is A. evoked set
Explanation:
Evoked set is a set of brands that comes to a consumer's mind when he thinks of purchasing a product.The exact size of the evoked set may depend upon the importance of the purchase and how long the consumer wishes to spend on various choices in the evoked set.
Answer:
$1,610.51
Explanation:
The complete question is
Bruce takes out a personal loan of $1,000 to go on a trip to Florida. His loan has an annual compound interest rate of 10%. The loan compounds once each year. When you calculate Bruce's debt, be sure to use the formula for annual compound interest.
Bruce borrowed $1,000 for his trip.
If Bruce waits for five years to begin paying back his loan, how much will he owe?
we know that
The compound interest formula is equal to
where
A is the Final amount owed
P is the amount of money borrowed
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Answer:
$658
Explanation:
Henderson assembled 47 dressers in the week.
Her applicable pay rate is $14 per piece since she assembled over 30 dressers in one week.
her gross pay for the week
=$14 x 47
=$658
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Answer and Explanation:
Classical Theory:
Classical theory states that the economy is free flowing and that there should be no outside intervention. It states that the prices and wages move up and down freely. During good times the prices and wages tend to increase and during bad times or recession the prices and wages are adjusted accordingly to downwards.
Another vital information pertaining to classical theory is that it states: economy is always at full employment level of output. Which means that the aggregate supply curve is vertical and this implies that the increase in aggregate demand or a decrease in aggregate demand will lead to increase or decrease respectively. However, the output will remain same in the economy when it comes to the classical approach.
