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3 years ago

The combination of all the factors that consumers evaluate when deciding whether or not to buy a good or service is called

1 answer:

Montano1993 [528]3 years ago

6 0

The combination of all the factors that consumers evaluate when deciding whether or not to buy a good or service is called total product offer also known as a value package.

When a consumer evaluates something before they purchase, they want to make sure they are getting everything out of the item. It needs to fit their wants and needs and by evaluating the item consumers ac accurately decide if it is the right good or service for them.

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An employer provides each of its employees with life insurance protection equal to three times the employee's annual salary. Ann

tino4ka555 [31]

Answer:

On the off chance that you kick the bucket during the term, a passing advantage is paid out. On the off chance that you don't pass on during the term, the approach ends toward the finish of the term.

A noteworthy advantage of this sort of approach is that the excellent cash come back to you is totally tax-exempt, as it isn't viewed as salary yet just a discount of premiums.

As you're looking into term life coverage approach choices, you may go over the expression yearly sustainable premium.

Be that as it may, for an every year sustainable premium term approach, the top notch will build every year. After some time it's conceivable to pay more in premiums than what might have been paid for a level premium term approach.

3 0

3 years ago

In three to four sentences, explain how an increase in government spending can increase the national debt.

IgorLugansk [536]

If the government spends more money, but doesn't increase taxes, they have to borrow money from other countries in order to spend it. If we borrow money from other countries, then our country owes their country. When we owe something, that is called debt.

4 0

3 years ago

Read 2 more answers

Crane Roofing is faced with a decision. The company relies very heavily on the use of its 60-foot extension lift for work on lar

Novay_Z [31]

Answer:

The company should replace the equipment.

Explanation:

The cost analysis is calculated as follows;

Retain Replace Net Income

Equipment Equipment Increase (Decrease)

Operating expenses $146,400 0 $146,400

($24,400*6)

Repair costs $39,000 0 $39,000

Rental revenue 0 -$60000 $60,000

($10,000*6)

New machine cost 0 $166,500 -$166,500

Sale of old machine 0 -$24,500 $24,500

Total cost $185,400 $82,000 $103,400

From the calculation above, the equipment should be replaced as it incur a lesser cost compare to when it is retained.

8 0

3 years ago

Three contractors (call them a, b, and

patriot [66]

Answer: The probabilities of winning a contract are

$P(A) = \frac{28}{36}$

$P(B) = \frac{7}{36}$

$P(C) = \frac{1}{36}$

Let the Probability of C winning the contract - P(C) be 'X'

Then,

Probability of B winning the contract - P(B) will be '7X' and

Probability of A winning the contract - P(A) will be $\mathbf{P(A) = 4 * P(B) = 4*7X = 28X}$

Since the total of all the probabilities is 1,

$\mathbf{P(A) + P(B) + P(C) =1}$

$\mathbf{28X + 7X + X =1}$

$\mathbf{36X =1}$

$\mathbf{X =\frac{1}{36}}$

So,

$P(A) = \frac{28}{36}$

$P(B) = \frac{7}{36}$

$P(C) = \frac{1}{36}$

4 0

3 years ago

Assume that the labor market for barbers is competitive and that it is differentiated into two groups:

ehidna [41]

Answer and Explanation:

I will go through each and every option explaining the reasons and what option would be the best:

The (a) part says 'difference in wages will eventually disappear since a haircut is a homogeneous good' - This is not true because even though it is an homogeneous product, some customers do have a strong preference for barbers who are not going bald. Therefore, they know their worth and they would want to capitalize on that and get paid just a bit more than bald barbers.

The (b) part says 'barbershops that hire barbers with hair will be able to charge a higher price for a haircut to those consumers who have a strong preference for barbers with hair'. - If the barbershop charges higher price for barbers that have hair then the customers will prefer bald barbers as the questions mentions that there is high competition and since it is an homogeneous, customers would be willing to save money and get their haircut from some other barber.

The (c) part says 'barbershops that hire bald barbers will always be much more profitable' - Not necessarily. The reason is that some customers have a strong preference for barbers who are not bald and therefore, that would help barbershops who have barbers with hair to be a bit more profitable as some additional customers would want their services.

The (d) part says 'barbershops that hire barbers with hair will always be much more profitable' - This is the best option and the reason for it is because some customers have a strong preference for barbers with hair and that would help the barbershop to earn more. They would have the customers who already indifferent to whoever cuts their hair and in addition to that, they would also have the customers who have their preference.

Hence the answer is D.

4 0

4 years ago