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Vitek1552 [10]
3 years ago
13

A(n) _____ is a characteristic that consumers may have difficulty assessing even after purchase because they do not have the nec

essary knowledge or experience.
Business
1 answer:
pav-90 [236]3 years ago
3 0
Credence quality is the answer. Hope this helps. :)
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While sony and microsoft focused on the graphics and raw processing power favored by hard-core male gamers, nintendo chose to de
anastassius [24]

The answer is- Blue Ocean

8 0
2 years ago
Sunnyside Detailing's cost formula for its materials and supplies is $1,950 per month plus $14 per vehicle. For the month of Aug
Mumz [18]

Answer:

Flexible budget cost materials and supplies= $2,720

Explanation:

In the flexible budget, we need to multiply the standard quantities by the actual activity.

<u>Standard cost formula:</u>

materials and supplies= 1,950 + 14*x

x= number of vehicles

<u>For 55 vehicles:</u>

Flexible budget cost= 1,950 + 14*55

Flexible budget cost= $2,720

6 0
3 years ago
Bob owns a rental property that he bought several years ago for $260,000. He has taken depreciation on the house of $37,000 sinc
EleoNora [17]

Answer:

Bob’s realized gain on the sale is $55,000,

Explanation:

The first step is to find the Book Value of the Rental Property Sold.

<u>Book Value of the Rental Property Sold.</u>

Cost                                               $260,000

Less Accumulated Depreciation  ($37,000)

Book Value                                   $223,000

Gain or Loss on Sale = Selling Price - Cost of Sale (Book Value) - Other Selling Expenses

                                   = $290,000 - $223,000 - $12,000

                                   = $55,000

<u>Conclusion :</u>

Bob’s realized gain on the sale is $55,000,

4 0
3 years ago
Suppose you are eating buffalo wings at a local happy hour. The total utils from doing so after the fourth, fifth, sixth, and se
Rufina [12.5K]

Answer:

diminishing ; assumed

Explanation:

Given:

total utils from doing so after

the fourth, fifth, sixth, and seventh wings are 30, 50, 65, 72

Now,

marginal utility from fifth = total utility from fifth - total utility from fourth

= 50 - 30

= 20 utils.

marginal utility from sixth = total utility from sixth - total utility from fifth

= 65 - 50

= 15 utils.

marginal utility from seventh = total utility from  - total utility from sixth

= 72 - 65

= 7 utils.

Here,

the marginal utility is diminishing i.e from 20 to 15 and from 15 to 7 utils

also,

it is assumed that the marginal utility will decrease when we analyse the consumer utility because the consumers gets satisfied and thus, the increase in satisfaction leads to the decrease in utility

hence, the answer is diminishing ; assumed

4 0
3 years ago
Dunstreet's Department Store would like to develop an inventory ordering policy of a 90 percent probability of not stocking out.
vampirchik [111]

Answer:

344 Sheets

Explanation:

This can be estimated as follows:

D = Demand = 4,100 per year,

d = Daily demand = 4,100/365 = 11.23 sheets

T = Time between orders = four weeks = 28 days

L = Lead time, i.e. time sheets taken to be delivered = 14 days

SDd = Daily demand standard deviation = 3 per day

I = Current Inventory = 160 sheets

P = Service level = 95% (Probability of not stocking out)

From Standard normal distribution, z = 1.64 for 95% Service Level (or 5% Stock out)

SDt + l = SDd * \sqrt{T+L} = 3 * \sqrt{28 +14} = 19.44

Employing the order quantity formula, we have:

Q = Order quantity = D * (T + L) + z * (SDt + l) - I

Substituting for the values, we have:

Q = 11.23 * (28 + 14) + 1.64 * 19.44 - 160

Q = 343.54 = 344 sheets approximately

Therefore, 344 sheets should be ordered.

4 0
3 years ago
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