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4 years ago

Unsought goods are characterized as being the kinds of goods that consumers _____.

1 answer:

8 0

Unsought goods are characterized as being the type of goods at consumers aren't aware exist or that they have no interest in. Sometimes, these goods can be because they are a new brand that hasn't grabbed ahold of the market they are fully after. Brand awareness can play a huge part it why a consumer isn't purchasing. If the product doesn't fit the needs of the customer and they don't see the value in it, then there won't be any reason for them to make a purchase.

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7. You own a portfolio that has $1,750 invested in Stock A and $3,950 invested in Stock B. If the expected returns on these stoc

I am Lyosha [343]

Answer:

12.46%

Explanation:

Data provided:

Amount invested in Stock A = $1,750

Amount invested in stock B = $3,950

Expected rate of return on stock A = 9%

Expected rate of return on stock B = 14%

Thus,

Expected amount of return on stock A

= Amount invested in Stock A × Expected rate of return on stock A

on substituting the respective values, we have

= $1,750 × 0.09 = $157.5

and,

Expected amount of return on stock B

= Amount invested in Stock B × Expected rate of return on stock B

on substituting the respective values, we have

= $3,950 × 0.14 = $553

Therefore, the total expected return from both the stocks = $157.5 + $553

= $710.5

Now,

the total amount invested = $1,750 + $3,950 = $5700

Hence, the expected rate of return on the portfolio

= $\frac{\textup{Total expected retun}}{\textup{Total amount invested}}\times100$

on substituting the values, we get

= $\frac{710.5}}{5700}\times100$

the expected rate of return on the portfolio = 12.46%

7 0

3 years ago

Jack wants to earn some extra income. His friends suggest that he invest in bonds and stocks. What type of income will James ear

Naily [24]

In stocks you can earn money though appreciation of the stock or dividend of the company offers one. And you can earn interest of you invest in bonds.

6 0

4 years ago

Read 2 more answers

In calculating the daily balance, cash advances are

Marizza181 [45]

A. Sometimes adding in.

8 0

4 years ago

Read 2 more answers

If there is no comparative advantage in the production of either of the two goods produced by countries 1 and 2, then: ________

Sav [38]

Answer:

b. there are no gains from specialization and trade between the two countries.

Explanation:

If the two countries are producing goods with the same opportunity cost, then there is no need or advantage gained from the trade of goods between these two countries.

Usually, countries trade with each other if one has a comparative advantage of producing one good over the other trading country. Then in this case is can specialize in making that good and trade the excess to the other country.

However, in the case when two countries are producing apples and oranges. And opportunity cost producing orange for country 1 is one apple and same for country 2

Opportunity cost for Country 1 : 1 Apple = 1 Orange

Opportunity cost for Country 2 : 1 Apple = 1 Orange

Then countries will gain no additional benefit from specializing in one good.

7 0

3 years ago

Suppose two cities are considering tearing down their stadiums to build new ones. In one city, the old stadium cost $5 million t

timofeeve [1]

Answer:

These are the options for the question:

A. They should be more willing to tear down the $5 million stadium, because it cost less to build.

B. They should be more willing to tear down the $50 million stadium, because it cost more to build.

C. The cost to build the old stadium shouldn’t be considered.

And this is the correct answer:

A. They should be more willing to tear down the $5 million stadium, because it cost less to build.

Explanation:

City A will likely be more willing to tear down its old stadium because it costed $5 million to build. City B, on the other hand, will have to think twice because a stadium that costed $50 billion to build could have more value than it seems, or the City could simply not have enough money to build a better new stadium (something that would probably cost more than $50 billion to do).

4 0

4 years ago

Read 2 more answers