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3 years ago

___________________ are cost that make customers reluctant to switch to another product or servicce.

Business

1 answer:

pashok25 [27]3 years ago

3 0

Answer:

Switching cost

Explanation:

Switching cost may be defined as the amount which is related to the consumer for the purpose of changing the supplier to the another one. So, the greater the cost of switching, the more will be hard or costly the switch will be.

Therefore according to the above explanation, the correct answer is Switching cost.

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In each of the following transactions ( a ) through ( c ) for Romney's Marketing Company, use the three step process illustrated

-Dominant- [34]

Answer:

Romney's Marketing Company

Using the three-step process to record the adjusting entry at year-end December 31, 2015:

a1. Expense was incurred

2. Cash will be paid in the future

3. The amount of the adjustment is $450

b1. Revenue was earned at December 31, 2015

2. Cash will be received in the future.

3. The amount of the adjustment is $280.

c1. Expense was incurred.

2. Cash will be paid in the future.

3. The amount of the adjustment is $8,000.

Explanation:

a) Data and Calculations:

Interest receivable = $280 ($6,000 * 14% * 4/12)

b) The three-step process for recording the adjusting entry at year-end:

(1) determining if revenue was earned or an expense incurred.

(2) determining whether cash was received or paid in the past or will be received or paid in the future.

(3) computing the amount of the adjustment.

6 0

3 years ago

The fact that universal technical standards for the internet and electronic commerce exist lowers ________ costs, making it chea

olasank [31]

The fact that universal technical standards for the internet and electronic commerce exist lowers market entry costs, making it cheaper for merchants to sell their goods.

The universal technical standards of the web and e-commerce greatly lower market entry costs- the value merchants must pay simply to bring their goods to promote.

At the same time, for consumers, universal standards reduce search costs- the hassle required to seek out suitable products when businesses sell products, services or information to consumers.

Internet technology reduces information costs and raises quality of knowledge, enabling price transparency (the ease for consumers of finding a spread of prices) and price transparency (the ability of consumers to work out the particular costs of products). data to execute these transactions.

As social bookmarking systems are growing in popularity, search algorithms are developed that transfer the concept of link-based rankings within the Web to a social bookmarking system's organization. These rankings differ from traditional program rankings therein they incorporate the rating of users.

A universal standard means the standards that are shared by all nations round the world. The universal technical standards of e-commerce are a greatly lower market entry cost, which suggests the merchants must pay the prices of the products that they create to the market.

learn more about universal standard: brainly.com/question/14971225

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3 0

2 years ago

– are illegal markets that emerge in response to price controls. A few buyers are able to obtain the good at the open-market pri

kirill [66]

Answer:

TRUE

Explanation:

Because the price is below equilibrium the quantity will fall and shortage will ocour. Because of that the price in the black market will become even higher than it was before the price control, making the price control counter productive.

So this additional demand is met at much higher prices than legal market.

8 0

3 years ago

Read 2 more answers

The fair value of the plant and equipment was $60,000 more than its recorded carrying amount. The fair values and carrying amoun

Savatey [412]

Answer:

$20,000

Explanation:

The question is missing some parts:

Penn Corp. paid $300,000 for the outstanding common stock of Star Co. At that time, Star had the following condensed balance sheet:

Carrying amounts

Current assets $40,000
Plant and equipment, net $380,000
Liabilities $200,000
Stockholders' equity $220,000

After a company is acquired, the parent company (the buyer) must record all the assets and liabilities at fair market value. In this case, the fair market value was higher than the carrying value by $60,000, therefore, the value of Penn's P,P&E must increase from $380,000 to $440,000. So total assets = $480,000, liabilities = $200,000, so equity = $480,000 - $200,000 = $280,000.

Since Goodwill represents the amount of money paid in excess of equity value, then Goodwill = $300,000 - $280,000 = $20,000

6 0

4 years ago

The first step in marginal analysis is to determine

Ne4ueva [31]

Answer: B. fixed and variable costs for specified quantities of product

Explanation: You said it was correct in the comments section.

4 0

3 years ago

Read 2 more answers