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Dimas [21]
3 years ago
9

What is the differende between wants and needs?

Business
2 answers:
Viktor [21]3 years ago
6 0
A “want” is something that isn’t essential to your survival, but it is something that you really would like to have. Examples of wants include a PS5, a new video game, AirPods, or money to watch a movie with your friends. While we would all love to have these things, we would still be able to survive without them.


A “need” is something that is essential to your survival, and you wouldn’t be able to survive with this. Examples of needs include oxygen, water, food, housing, and clothes. You need oxygen to be able to breathe, and you can’t survive long without food or water. Having clothes is also essential, and having a basic unit of housing provides safety to you.



Hope this helps :)
Ann [662]3 years ago
5 0

Explanation:

Want — have a desire to possess or do (something); wish for. Need — require (something) because it is essential or very important rather than just desirable.

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zheka24 [161]

Answer:

Check the answers below

Explanation:

  • The per instrument cost of the bank is $0.25. Assuming uniform cheque value, the 24 million remittances across 10000 cheque will mean per cheque value of 2400. If this amount can be invested at 8% p.a., then daily investment income will be approx = 2400 * 8% /365 = $ 0.526

  • Now for the company to jus about cover the cost of the cheque processing, the time should reduce by (assuming fractional time in days is possible) 0.25/0.526 = 0.48 days

  • Now if the interest that can be earned reduces to 4%, the average daily interest will also reduce to $0.263. At this level, the time required to cover the cost should reduce by 0.95 days

The difference is simply because the opportunity cost in terms of alternate usage of funds has decreased for the company.

8 0
3 years ago
In 1996, Pepsi introduced their "Pepsi Points" promotion, which allowed people to collect points from pop bottles to earn mercha
vredina [299]

The advertisement does not constitute an offer because it lacks:

  • Serious intention.
  • Clear and reasonable defined terms.
  • Communication to the recipient.

An offer is an economic term that refers to that property that is willing to be sold for a price. There are also other types of offers that are related to coupons or discounts for consumers to obtain a reward for their loyalty to a brand.

An offer must have three basic components to be considered true, these must be:

  • Serious intention: This refers to the fact that whoever offers must make the offer in a formal, real and true way
  • Clear and reasonable defined terms: This refers to the fact that whoever offers must establish the terms and conditions clearly and completely for consumers to access them.
  • Communication to the recipient: This refers to the fact that whoever offers must communicate to the consumer through advertising or official communications the information necessary to complete a transaction.

Based on the above, it can be inferred that Pepsi did not make a true offer with its ad because the part in which a young man appears on a Harrier airplane had a humorous tone, this does not show Pepsi's intention to offer this service.

Learn more about an marketing in: brainly.com/question/10789897

7 0
2 years ago
You were recently promoted to the head of the machine shop. As you start to look around, you notice that there are many machines
galina1969 [7]

Answer:

Here we can use a approach which is know as 5 S PLUS 1 S.

Explanation:

This approach of 5 S PLUS 1 S means sort, set in order, shine, standardize,sustain and safety, this is a very common method that corporations uses to increase both their efficiency and productivity with decreasing the wastage of materials.

In this organization workplace method, we start with sorting out all the unnecessary material that we don't need  and then we start organizing the workplace, as it is important to keep all the inventories and other useful materials or tools properly and then comes the step of keeping useful stuff tidier and would help in maintaining a certain level of standard in the production and by keeping doing all these things an organization can maintain sustainability and keep the company free from any hazards.

7 0
3 years ago
Demand each period is normally distributed and an order-up-to model is used to decide order quantities. Which of the following i
zmey [24]

Answer:

Correct answer is G.

I, II and III

Explanation:

Order-up-to-level (T) = d(P+L) + safety stock

d = mean demand

When Lead time is fixed,

Safety stock = function of (std deviation of demand, L, P, in-stock probability)

When Lead time also has variability,

Safety stock = function of (std deviation of demand, std. deviation of lead time, d, L, P, in-stock probability)

So, in any case, T will depend on d, std deviation of demand, and in-stock probability.

6 0
3 years ago
A company had the following treasury-stock related account balances: Treasury Stock - $250,000Paid-in Capital from Treasury Stoc
Juliette [100K]

Answer:

the paid-in capital from treasury stock transactions would be reduced by $20000

Explanation:

Treasury stock is the stock that is bought by the stakeholders of the issuing company.The treasury stock does not receive dividends. Paid in capital are money being paid by investors in exchange for shares.

If the company resells Treasury Stock that originally cost $60,000 for $40,000.

The paid-in capital from treasury stock transactions to be reduced = $60,000 - $40,000 = $20000

6 0
4 years ago
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