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Contact [7]
3 years ago
5

Ying purchased a new brand of laundry detergent. When she used the detergent for the first time, she was highly frustrated becau

se of its bad odor. However, over time, she becomes satisfied with the detergent's performance as it removes stains effectively. In this scenario, Ying can be referred to as a: _____.
A) brand addictive consumer
B) high-involvement consumer
C) low-involvement consumer
D) brand independent consumer
E) risk averse consumer
Business
1 answer:
Sedbober [7]3 years ago
3 0

Answer: C. Low-involvement consumer

Explanation:

A low-involvement consumer could be described as someone who does not observe much risk in a product after purchase and could continue using the product due to his or her reservation on the product instead of returning to the retailer where it was gotten. Ying discovers that she can manage the detergent as long as it's able to remove stain from her cloth even though it has a bad odour. She is seen as a low-involvement consumer.

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Imagine that a local water company issued $10,000 ten-year bond at an interest rate of 6%. You are thinking about buying this bo
mylen [45]

Answer:

Explanation:

The $10,000 is the face value of the bond. Using a financial calculator, input the following to calculate the price at a year before maturity; i.e. at year 9;

Time to maturity; N = 10 - 9 = 1

Annual interest rate; I/Y = 9%

Annual coupon payment; PMT = 0

Face value of the bond; FV = 10,000

then compute present value ; CPT PV = $9,174.31

Therefore, you will pay less than $10,000 for the bond and the price would be  as above $9,174.31

6 0
3 years ago
A resource is ______ if the number of firms that possess it is less than the number of firms required to reach a state of perfec
Savatey [412]

Answer:

Rare

Explanation:

hope this helps :)

5 0
2 years ago
A company purchased equipment valued at $120,000. It traded in old equipment for a $95,000 trade-in allowance and the company pa
Zepler [3.9K]

Answer:

$120,000

Explanation:

Data provided in the question

Purchase value of an equipment = $120,000

Trade in allowance = $95,000

Paid cash = $25,000

Cost of an old equipment = $110,000

Accumulated depreciation = $33,000

So by considering the above situation, the recorded value of the equipment is $120,000 as the cash is paid for $25,000 and the trade in allowance is $95,000

So it would be equal to the purchase value i.e $120,000

8 0
3 years ago
when you cross or enter traffic from a full stop, how much space should you allow on city streets? on the highway?
alekssr [168]
You should leave 3 seconds of space between you and the vehicle ahead of you.
5 0
3 years ago
Bob consumes food and housing. Suppose his marginal utility from an additional unit of food is 20 and his marginal utility from
lozanna [386]

Answer:

Option (E) is correct.

Explanation:

For utility maximization,

Bob's consumption of Housing and food should be such that:

\frac{Marginal\ utility\ of\ housing}{Price\ of\ housing}=\frac{Marginal\ utility\ of\ food}{Price\ of\ food}

Here,

\frac{Marginal\ utility\ of\ housing}{Price\ of\ housing}=\frac{100}{2}

                                                                                              = 50

\frac{Marginal\ utility\ of\ food}{Price\ of\ food}=\frac{20}{1}

                                                                                   =20

Bob is not maximizing utility, as these two terms are not equal(50 > 20).

Since the marginal utility per rupee spent on housing is greater than that on food.

Hence, Bob can increase his utility just by consuming more of housing and less of food.

7 0
3 years ago
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