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3 years ago

1. Which of the following is an example of a SOCIAL influence on consumers

Business

1 answer:

AveGali [126]3 years ago

6 0

Answer:

reference groups

Explanation:

Reference groups are considered a social influence in consumer purchasing. They are often groups that consumers will look to to make purchasing decisions. So if a reference group endorses a product, either through use or statements about the product, those that look to the group will often purchase that product.

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After a tax is imposed on the market for bottled water, the price buyers pay is $2.50 per bottle and the price sellers receive i

N76 [4]

The balance of the price in the market is determined by demand and supply, which are measured in terms of the price and quantity variables; When a tax is placed on a product, a change in the market equilibrium is generated, since buyers pay more and sellers receive less.

Thus, a tax causes the supply curve to move up and the demand curve to move down.

In order to know how the tax burden is distributed, the incidence is measured through the elasticity of the supply and demand curve, which measures the sensitivity of the quantity, demanded or offered, of products before a price change.

When the supply curve is more elastic than the demand curve, the impact of the tax is stronger for consumers, as the prices paid by consumers increase more than the price that sellers receive decreases.

Answer

It can be concluded about the elasticity of demand and supply prices that supply is more elastic than demand

3 0

3 years ago

If Joe to Go decides that a joint venture has too much risk and franchising does not provide enough financial payoff, what strat

Temka [501]

Answer:

It chooses (D) Direct investment exporting strategy

Explanation:

Countries in a few decades have made significant forward jumps towards a comprehensive domain, which has contributed incredibly to making worldwide business dealings free from restrictions. In the overall marvel of Globalization, outside direct speculation (FDI) is quickly turning into a significant factor in the commercial development of firms and nations.

For any firm to create and develop it needs to extend its exercises all around, and to accomplish that target; there are diverse market section modes accessible to the firm going from FDI.

5 0

3 years ago

Read 2 more answers

The entry to record the distribution of the stock dividend would include

Iteru [2.4K]

The correct answer is B. A debit to common stock distributed.

The entry will be stock dividends debit, paid-in capital which is in excess per common credit stock, stock dividends which are being distributed.

In credit entry it records distribution and declaration of stock dividend which includes the debit to the retained earnings and also a credit to the common stock.

4 0

4 years ago

Marshall Inc. recently hired your consulting firm to improve the company's performance. It has been highly profitable but has be

dezoksy [38]

Answer:

148.02 days

Explanation:

The computation of the cash conversion cycle is shown below:

As we know that

Cash conversion cycle is = Days inventory outstanding + days sale outstanding - days payable outstanding

where,

Number of days inventory outstanding is

= Average inventory ÷ cost of goods sold per day

= $75000 ÷ ($360,000 ÷ 365 days)

= 76.04 days

Number of days sales outstanding is

= Average account receivable ÷ Average sales per day

= $160,000 ÷ ($600,000 ÷ 365)

= 97.33 days

And, the number of days payable outstanding is

= Average accounts payable ÷ cost pf goods sold per day

= $25,000 ÷ ($360,000 ÷ 365)

= 25.35 days

So, the cash conversion cycle is

= 76.04 days + 97.33 days - 25.35 days

= 148.02 days

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3 years ago

Which is an example of new media?

bulgar [2K]

New media are forms of media from computers or that rely on computer/digital technology (old media are phones,radios, etc)

Examples of new media: computers, online databases, you tube, social media networks, online news articles, etc.

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3 years ago