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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alexander spent27$ for tickets to a baseball game.he also spent 24$on food how much did he spend on tickets and food

Lera25 [3.4K]

Answer:

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Explanation:

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If you set a price of $17 per book for the trades among your friends:

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If you had set the price of $17 per book among your friends in a trade, the likely result would be that there will be a presence of surplus books in which if the required is met, left overs will likely be produced because of supply over the demand.

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eight cards are marked 3,4,5,6,7,8,9, and 10 such that each card has exactly one of these numbers. A card is picked without look

GREYUIT [131]

1/7 14% 0.14
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What happens to the individual demand curve as the price of an item increases?

grin007 [14]

Answer:

b. An individual demand for an item will decrease causing a downward slope.

Explanation:

The law of demand states that when other factors are held constant, the price and demand have inverse relationship, which means that as one increases, the other one decreases. So in the case of the of your problem, as the price of an item increases, the demand will decrease (the opposite would be true as well).

So when you put it in a graph, the demand curve would be sloping downwards.

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ki77a [65]

Answer:

D participating unit investment trust

Explanation:

A variable annuity is a contract between you and an insurance company. It serves as an investment account that may grow on a tax-deferred basis and includes certain insurance features, such as the ability to turn your account into a stream of periodic payments. You purchase a variable annuity contract by making either a single purchase payment or a series of purchase payments.

A variable annuity offers a range of investment options. The value of your contract will vary depending on the performance of the investment options you choose. The investment options for a variable annuity are typically mutual funds that invest in stocks, bonds, money market instruments, or some combination of the three.

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