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leonid [27]
2 years ago
10

What does it mean when an economist says that a consumer has demand for a good or service?

Business
1 answer:
FrozenT [24]2 years ago
7 0
Demand means the consumers want the product or service. If there is a demand, companies must supply. "supply and demand"
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owns a Dell laptop computer. She uses the computer in class and her classmates can see the Dell logo when she uses her laptop. O
erastovalidia [21]

Complete question:

​Trudy owns a Dell laptop computer. She uses the computer in class and her classmates can see the Dell logo when she uses her laptop. One of her classmates is looking to purchase a new laptop and asks Trudy her opinion of Dell computers. Trudy informs her classmate that she is satisfied with her laptop and recommends that her classmate purchases one, too. For Dell, Trudy is exhibiting some of the benefits of _____.

a. brand recognition

b. brand equity

c. brand insistence

d. brand loyalty

e. brand mark

Answer:

For Dell, Trudy is exhibiting some of the benefits of brand loyalty .

Explanation:

Brand loyalty is described as favorable emotions towards the company and willingness to buy the same product or service consistently from the same company now and in the future, irrespective of the behavior of the rival or adjustments in the world.

Corporations spend large sums of money in customer support and promotions in order to create and retain brand awareness with the existing commodity.

Coca-Cola Corporation is an example of an established company that has culminated in consumers showing brand loyalty in light of Pepsi's beverages and advertisement campaigns over the years.

3 0
3 years ago
Halima wants a Manufacturing career. She wants to be very successful and get paid well. Which career pays the highest salary?
ollegr [7]
Yes, I agree with Medical Engineer
6 0
3 years ago
Read 2 more answers
The term that is used to refer to a situation in which one party to an economic transaction has less information than the other
Dmitry_Shevchenko [17]

Answer: The correct answer is choice c.

Explanation: Asymmetric information is the term that is used to refer to a situation in which on part to an economic transaction has less information than the other party. This term is also known as information failure.

3 0
3 years ago
Doug is filing singly. his net taxable income is $80,575. every week, $304 is withheld from his earnings for income tax. based o
mariarad [96]

Basing it on the information given, he will owe an additional $731.

<span>Since your taxable income has been identified, you just look up your income, find the column with your filing status, and then find the amount of tax you owe.</span>

6 0
2 years ago
Read 2 more answers
You are analyzing a project with 5-year life. The project requires a capital investment of $10000 now, and it will generate unif
Bess [88]

Answer:

NPV= $13160

Explanation:

To calculate the present value you need to use the Net Present Value. The NPV is the difference between the present value of cash inflows and the present value of cash outflows over a period of time.

The formula is:

                      n

<h3>NPV= -Io + ∑[Rt/(1+i)^t</h3>

                     t-1

where:

R t​     =Net cash inflow-outflows during a single period t

i=Discount rate of return that could be earned in alternative investments

t=Number of timer periods

In this exercise:

0= -13000

1= 6000

2= 6000

3=6000

4=6000

5=6000 + 3000 + 2500= 11500

NPV= -13000 + (6000/1.10^1) + (6000/1.10^2) + ... + (115000/1.10^5)

NPV= $13160

6 0
3 years ago
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