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Ludmilka [50]
3 years ago
12

Which type of consumer products are frequently purchased with little​ planning, little comparison or shopping​ effort, and low c

ustomer​ involvement?
Business
2 answers:
blsea [12.9K]3 years ago
7 0

Answer: Convenience products

Explanation:

Convenience products are product which are bought easily and frequently by customers without much thought. They are also called low involvement purchases. Examples of Convenience products are newspapers, sugar, toothpaste.

GaryK [48]3 years ago
5 0

Answer:

The correct answer is letter "B": Convenience products.

Explanation:

Convenience products are those that consumers purchase as part of their routine because they are necessary according to their lifestyles. Minimum effort and thought are required to acquire them and the involvement of a sales representative to incentivize the purchase is needless.

<em>Groceries and food items, drinks, snacks, candy bards, bread, milk, cereals, toothpaste, soap, </em>and <em>shampoo</em> are considered convenience goods.

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A. Calculate the total estimated bad debts on the below information.
Rudik [331]

Answer:

The answer is below;

Explanation:

b. Allowance for Doubtful Accounts     Dr.$4,000

   Bad Debts                                           Cr.$4,000

c. Bad Debt Expense   Dr.$5,000

   Account Receivable Cr.$5,000

d. 1)Account  Receivable Dr.$5,000

   Bad Debt Expense   Cr.$5,000

2)Cash      Dr.$5,000

Account Receivable Cr.$,5000

5 0
3 years ago
Suppose the demand for Digital Video Recorders (DVRs) is given by Q = 250 - .25p + 4pc, where Q is the quantity of DVRs demanded
PIT_PIT [208]

The question is incomplete. Here is the complete question

Suppose the demand for Digital Video Recorders (DVRs) is given by Q = 250 - .25p + 4pc, where Q is the quantity of DVRs demanded (in 1000s), p is the price of a DVR, and pc is the price of cable television. How much does the quantity demanded for DVRs change if the p rises by $40? A) drops by 10,000 DVRs B) increases by 16,000 DVRs C) drops by 2,500 DVRs D) increases by 4,000

Answer:

Drops by 10,000 DVRs

Explanation:

The demand for digital video recorders is expressed by

Q= 250- .25p+4pc

Where

Q represents the quantity demanded by the customers

P represents the price of DVR

pc represents the price of cable television

Since the factor of p in the expression above is negative, this implies that the quantity of DVR demanded in the market will reduce

If the price of DVR increase by $40, then the quantity demanded will reduce by

= 0.25×40×1000

= 10×1000

= 10,000 units

Hence the quantity of DVRs drops by 10,000 DVRs if the price is increased to $40

3 0
2 years ago
An investment promises to return $1,000 at the end of each of the next 5 years and then $2,000 at the end of each of the next 10
Andrew [12]

Answer:

sorry i dont know i was trying but cant figure it out

Explanation:

7 0
1 year ago
Bogart Company is considering two alternatives. Alternative A will have revenues of $146,100 and costs of $104,400. Alternative
irinina [24]

Answer:

Choosing alternative B would increase net income by $17,100

Explanation:

The analysis showing the incremental revenues,costs and net income of alternative A and B is shown below:

              Alternative A           Alternative   B     Difference between A&B

Revenues        $146,100            $185,900           $39800

Costs               ($104,400)           ($127,100)        ($22700 )

Net income      $41,700                 $58,800        $17,100

Alternative B records a higher net income compared to Alternative A,hence choosing alternative B would increase net income by $17,100

r

4 0
3 years ago
Which of the following statements is CORRECT?a. One defect of the IRR method versus the NPV is that the IRR does not take accoun
KIM [24]

Answer:

d. One defect of the IRR method versus the NPV is that the IRR does not take proper account of differences in the sizes of projects.

CORRECT As the project yields over time can differ. This generates that projects with a lower IRR can achieve a higher NPV at lower rates.

There is a crossover point after which a projects NPV are equal and from there the one with higher IRR obtains better NPV

Explanation:

a. One defect of the IRR method versus the NPV is that the IRR does not take account of the time value of money.

FALSE both method consider time value of money

b. One defect of the IRR method versus the NPV is that the IRR does not take account of the cost of capital

FALSE The IRR can be compared against the cost of capital to indicate wether or not a project should be preferable

.c. One defect of the IRR method versus the NPV is that the IRR values a dollar received today the same as a dollar that will not be received until sometime in the future.

FALSE IRR considers the time value of money

e. One defect of the IRR method versus the NPV is that the IRR does not take account of cash flows over a project's full life.

FALSE it considers all the cash flows over the project's full life.

7 0
3 years ago
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