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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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Your firm has taken out a 521,000 loan with 8.6% APR (compounded monthly) for some commercial property. As is common in commerci
Anni [7]

Answer:

The monthly payment will be = $5161.08

The final payment will be: = $413,684.38

Explanation:

From the given information:

Given that:

the loan amount = $521000

The interest rate for the loan is = 8.6% compounded monthly

the loan is being amortized for 15 years

Thus, the firm will be paying the due amount after 15 years

We use the Excel software to find the monthly payment and the final payment.

a. Using the Excel Function  ( =PMT(8.6%/12,15*12,-521000) )

The monthly payment will be = $5161.08

b.Using the Excel Function (=CUMPRINC(8.6%/12,15*12,521000,60,180,1) )

The final payment will be: = $413,684.38

These can be seen in the images attached below.

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3 years ago
Refer to table 17-14. which outcome is the nash equilibrium in this game?
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3 years ago
Use the following account balances from the adjusted trial balance of Maynard Consulting:Account Debit Balance Credit Balance Ca
Aleonysh [2.5K]

Answer:

D) debit Income Summary $8,300 and credit Salary Expense $2,600; credit Rent Expense $3,000; credit Supplies Expense $1,900; Advertising Expense $800.

Explanation:

Account                             Debit Balance     Credit Balance

Cash                                     $20,500

Accounts Payable                                            $2,000  

B. Conway, Drawing                  $600

B. Conway, Capital                                            $13,000

Fees Revenue                                                    $18,000

Salary Expense                         $2,600

Rent Expense                            $3,000

Supplies Expense                      $ 1,900

Advertising Expense                     $800

To close the income statement, the income summary account is introduced. All credit items on the income statement (revenue and incomes) are debited and the income summary is credited while the debit balance accounts (all expenses) are credited and the income summary is debited.

Total expense = $2,600 + $3,000 + $1,900 + $800

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3 years ago
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