A product's _____ is most likely to influence the purchase decision of the consumers.

1 answer:

7 0

The answer is the product’s quality. It is because the overall quality of the product is the main reason why consumers want to buy the product because the quality is the characteristic of the product possess and this will greatly affect the consumers, especially if they like the product’s quality.

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A change in income preferences or prices of other goods or services leads to a that causes a:______

exis [7]

Answer:

change in demand; shift of the demand curve.

Explanation:

We know that income elasticity of demand derives by considering the percentage change in quantity demanded and percentage change in income

In mathematically,

Income elasticity of demand = (percentage change in quantity demanded) ÷ (percentage change in income)

By considering the above information, the change in income preferences is due to change in demand plus it also shift of the demand curve

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3 years ago

Our company sells flat screen tvs to retailers for $1,000. The total fixed costs for plant operation is $60,000. It costs us $70

Sedbober [7]

Answer:

<h3>i don't know i have no answer to</h3>

Explanation:

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2 years ago

Consider some determinants of the price elasticity of demand: • The availability of close substitutes• Whether the good is a nec

kondor19780726 [428]

Answer:

Inelastic demand, Amputation procedure

Explanation:

The good with no close substitute is likely to experience inelastic demand because the consumer does not any close substitute to change to, this means that even when price is increased, the consumer is not likely to stop buying if the good is a necessary good.

The Amputation procedure will have least elastic demand because the diabetes sufferer does not have close substitute to change to when price increase while Diamond necklace is a luxury good, when the price is increased the consumer stop buying or switch to other luxury goods such as gold, silver that are equally used for decoration purposes.

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3 years ago

A corporate bond backed only by a company's promise to pay is called a

uysha [10]

A corporate bond backed only by a company's promise to pay is called a debenture bond. There is no collateral offered and the parties are acting on faith and predictions in this transaction.

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3 years ago

List three functions of each of the following nutrients: carbohydrates, fats, and proteins

vesna_86 [32]

Answer:

Fat. ...

Vitamins. ...

Minerals. ...

Water.

Explanation:

i took the test

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3 years ago