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PtichkaEL [24]
3 years ago
14

American shoppers usually do not like it when a store is so cramped that the customers may touch one another while shopping. whe

n the _____ occurs, customers may decide to leave without making a purchase.
Business
2 answers:
koban [17]3 years ago
8 0
Whe the <span>. butt- brush effect occurs, the purchase is very unlikely to happen.
</span><span>The butt-Brush effect is a theory that first coined by an anthropologist named Paco Underhill. 
This effect views that customers are far less likely to make a purchase if their physical spaces are being threaten (especially if the buyers are females)</span>
Zinaida [17]3 years ago
5 0

American shoppers usually do not like it when a store is so cramped that the customers may touch one another while shopping. When the Butt Brush Effect occurs, customers decide to leave without making a purchase.

In days of big sales, stores are most likely to be occupied by large number of people and people may be pushed by other people, or table, or any piece of merchandise from the back. People, especially ladies do not like it at all. So they prefer to leave the shop instead of continuing shopping. This effect is called as the Butt Brush Effect.

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When the price of hamburgers increased from $1.50 to $2.75, the quantity demanded decreased from 375 units sold to 250 units sol
Ghella [55]

Answer:

Inelastic

Explanation:

When the price of hamburgers increased from $1.50 to $2.75, the quantity demanded decreased from 375 units sold to 250 units sold. Using the midpoint method, hamburgers are said to be inelastic

1. Change in price = 2.75-1.5 / (1.5+2.75)/2 = 1.25/2.125 = 0.59

2. Change in quantity demanded = 375-250 / (375+250)/2 = 125/ 312.5 = 0.4

3. Price Elasticity = 0.4/0.59 = 0.68

4. When the value of elasticity is less than 1, it suggests that the demand is insensitive to price and is inelastic

7 0
3 years ago
A company reports the following:
fredd [130]

Answer:

a. 15 times

b. 24.3 days

Explanation:

The computation is shown below:

a. Accounts receivable turnover

Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable  

= $3,150,000 ÷ $210,000

= 15 times

b. Number of days sales in receivables = Total number of days in a year ÷ accounts receivable turnover ratio

= 365 days ÷ 15 times

= 24.3 days

7 0
3 years ago
You have just received an offer in the mail from Friendly Loans. The company is offering to loan you $4,250 with low monthly pay
Kobotan [32]

Answer:

73 months

approximately 6 years

Explanation:

The period of time it would take to pay off the loan can be determined using excel nper function as below:

=nper(rate,pmt,-pv,fv)

rate is the interest expressed in monthly terms which is 15.3%/12

pmt is the amount payment per month i.e $90

pv is the amount of loan which is $4250

fv is the balance of the loan after all payments have been made i.e $0

=nper(15.3%/12,90,-4250,0)= 73 months

73 months/12 months=approximately 6 years  

8 0
3 years ago
What should you do in order to make sure you don't offend or upset people from other cultures?
larisa86 [58]
The best thing to do is to learn or read up about their culture that way you won't upset them and even learn in the process. I hope this helps!
7 0
3 years ago
Read 2 more answers
InstaTrack is a newly emerging athletic shoe manufacturing company. After extensive market research, InstaTrack divides its mark
Vesna [10]

Answer:

d. segmentation

Explanation:

Segmentation is when a firm divides its customers or potential customers into groups based on certain traits.

Types of segmentation includes:

Demographic segmentation

Psychographic segmentation

Behavioral segmentation

Geographic segmentation

3 0
3 years ago
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