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3 years ago

Staple goods and impulse goods are examples of which type of consumer good?

Business

2 answers:

Lera25 [3.4K]3 years ago

8 0

A. Specialty Goods which are things you NEED and goods that you don't need, but still want to get.

koban [17]3 years ago

8 0

Okay, the answer is definitely "Convenience Goods". I know this because for multiple reasons in which I will explain.

1. My current assessment is asking me a similar question to this one, but it actually tells me that both staple and impulse goods are considered convenience.

2. If you Google your question right now it'll show a Yahoo Answers thread and show you that the answer is "Convenience Goods" as well.

3. If you Google "what are speciality goods?" it'll show you examples such as exotic cars, designer clothes, exotic perfumes, and famous art. Specialty goods aren't something that you NEED, rather something that's so unique to motivate you to buy it.

4. I literally just took my test 2 minutes ago and I passed with a 100%.

So again, the answer is "Convenience Goods".

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the biggest challenge facing the growth of new franchises is: A) market saturation B)competition from independent entrepreneurs

Furkat [3]

Answer:

(A) market saturation

Explanation:

A franchisee starts a new franchise by entering into a franchising agreement with a franchiser to use its brand name and sell its products. The biggest challenge faced by this new franchise is market saturation.

This occurs because<u> the presence of other similar businesses, whether franchises or independently owned businesses in the market, creates lots of competition for the new franchise.</u>

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3 years ago

If aggregate planned expenditures in the economy increase by $100 million, then real GDP will _____ $100 million.

nirvana33 [79]

Answer:

Real GDP will rise by $100 million

Explanation:

Aggregate Demand [AD] is total amount of goods & services, all sectors of an economy are planning to buy . So AD = Aggregate Planned Expenditure [APE]

Aggregate Supply [AS] is total amount of goods & services, all sellers are planning to sell. As total output value of goods & services produced is distributed among factors of production, AS = National Income [NY] = GDP

At equilibrium : AD or APE = AS or NY or GDP

If AD or APE increases by $100 million :

AD or APE > AS or Aggregate Planned Production or GDP . This implies willingess to buy > willingness to produce. So, inventory levels will fall below desired level. To mantain inventory level, production [AS] & income level [GDP] will rise till it becomes equal to risen AD or APE

So, GDP will also rise by $100 million

6 0

3 years ago

Explain what the implications are to the Canadian economy if the brain drain is not stopped? Within the implications, consider t

Alinara [238K]

Answer:

Low tax collection, low working population

Explanation:

Brain drain is a condition where a country loses its population through migration. Generally, this happens with the low developing countries, because people try to search for jobs in developed countries. Canada will lose tax revenue collection and low working population as a result of the brain drain. Government is the most important stakeholder which will be affected by brain drain apart from that; hospitals and industrial units will be affected by the brain drain.

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3 years ago

Southern gardeners normally pay $5 for a 2-cubit-foot bag of pine bark mulch that they buy at their local gardening-supply and h

Lapatulllka [165]

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3 years ago

A company's flexible budget for 24,000 units of production showed per unit contribution margin of $2.50 and fixed costs, $31,200

ANTONII [103]

Answer:

The operating income will be:

Total contribution($2.50 x 29,000) = 72,500

Less: Fixed cost = 31,200

Operating income = 41,300

Explanation:

The contribution per unit is $2.50. This per unit contribution will be multiplied by the number of units produced and sold in order to obtain total contribution. Operating income is the excess of total contribution over fixed cost.

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3 years ago