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4 years ago

19. The usefulness of a product to consumers is referred to as product:

Business

2 answers:

uranmaximum [27]4 years ago

4 0

Answer:

The usefulness benefits that a consumer receives from buying and using products or services is called utility... so it's B). ♡ hope this helps ♡

Romashka [77]4 years ago

3 0

The answer should is b “utility”

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When the price of a product is p dollars each, suppose that a manufacturer will supply 2p - 8 units of the product to the market

Oliga [24]

Answer:

Explanation:

The computation of the value of P is shown below:-

As we know that

at Market equilibrium,

Supply = Demand

So, the equation will be

Number of units supplied = Number of units in demand

2p - 8 = 300 - 2p

Now we solve it

2p + 2p = 300 + 8

4p = 308

p = 308 ÷ 4

= 77

Therefore we have solved the above equation to determine the value of the P

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3 years ago

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3 years ago

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4 years ago

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Geese Company utilizes the LIFO retail inventory method. Its cost-to-retail percentage is 60% based on beginning inventory and 6

Nataly_w [17]

Answer:

$152,000

Explanation:

Calculation for the cost of the ending inventory

First step is to calculate the cost-to-retail percentage of the beginning inventory amount

Using this formula

Beginning Inventory =Cost-to-retail percentage*Beginning inventory at retail

Let plug in the formula

Beginning Inventory =60%*$200,000

Beginning Inventory =$120,000

Second step is to calculate current-period purchases percentage of the new layer amount

Using this formula

Current period purchases= Purchases percentage* New layer

Let plug in the formula

Current period purchases=64%*50,000

Current period purchases=$32,000

The last step is to find the cost of the ending inventory using this formula

Ending inventory cost=Beginning Inventory+Current period purchases

Let plug in the formula

Ending inventory cost=$120,000+$32,000

Ending inventory cost=$152,000

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3 years ago

Which type of nominal decision is characterized by a fairly high degree of product involvement but a low degree of purchase invo

Ann [662]

Brand loyal decision is a type of nominal decision that is characterized by a fairly high degree of product involvement by a customer, but a low degree of purchase involvement.

<h3>What is Brand loyal decision?</h3>

A brand loyal decision can be defined as a type of nominal decision which involves a customer having a fairly high degree of involvement in the products offered by a producer (business organization) but a low level of involvement in its purchase.

This ultimately implies that, a brand loyal decision is characterized by a fairly high degree of product involvement with subsequent low degree of purchase involvement.

Read more on decision-making process here: brainly.com/question/1249089

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2 years ago