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lubasha [3.4K]
3 years ago
6

When a consumer has evaluated alternatives in the purchase decision process and selected one, he still must determine from whom

he will buy and:
Business
1 answer:
hammer [34]3 years ago
3 0

Answer:

The correct answer is when to buy.

Explanation:

When a consumer has checked all the alternatives and has made the purchase decision of what to buy, he still needs to decide from whom to buy and at what time or when to buy. This is because the price of assets or goods keeps changing with the passage of time. The change in price depends on market situations at that time.

There are a number of factors that affect the price level in the market. For instance,

  1. Income level
  2. Business cycle
  3. Interest rates

Changes in these factors cause a change in the price of goods and services and other assets.

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Martha can produce 70 quilts or 140 batches of chocolate chip cookies in a month. Jane can produce 8 quilts or 24 batches of cho
spayn [35]

Answer:

Martha can produce 70 quilts or 140 batches of chocolate chip cookies:

Opportunity cost of producing a quilt = (140 ÷ 70)

                                                              = 2 batches of chocolate chip cookies

Opportunity cost of producing a batch of chocolate chip cookie = (70 ÷ 140)

                                                              = 0.5 quilts

Jane can produce 8 quilts or 24 batches of chocolate chip cookies:

Opportunity cost of producing a quilt = (24 ÷ 8)

                                                              = 3 batches of chocolate chip cookies

Opportunity cost of producing a batch of chocolate chip cookie = (8 ÷ 24)

                                                              = 0.33 quilts

Therefore, the comparative advantage is as follows:

Martha has a comparative advantage in producing quilt because it has a lower opportunity cost of producing quilt than Jane.

Jane has a comparative advantage in producing chocolate chip cookies because it has a lower opportunity cost of producing chocolate chip cookies than Martha.

Absolute advantage:

Martha has an absolute advantage in producing both the commodities because she can produce more amount of both the goods from the same level of resources as compared to Jane.

8 0
3 years ago
Terry is calculating the present value of a bonus he will receive next year. The process he is using is called:
MArishka [77]

The process used by Terry is known as Discounting.

<h3><u>What is Discounting?</u></h3>
  • A value obtained in the future is converted to an equivalent value received right away through the process of discounting.
  • Discounting takes into account the relative value of a dollar received now against one received in 50 years, for instance.
  • By converting future dollars into current dollars, the discounting process allows for the conversion of units of value over a range of time periods.
  • Decision-makers utilize discounting to fully comprehend the costs and benefits of policies that have long-term effects.

Discounting is a method for calculating the gap between current and future values.

Know more about Discounting with the help of the given link:

brainly.com/question/14954197

#SPJ4

3 0
2 years ago
What are the ethical issues here?
Tems11 [23]

Answer:

The ethical issues here are :-

Discrimination. One of the biggest ethical issues affecting the business world in 2020 is discrimination. ...

Harassment. ...

Unethical Accounting. ...

Health and Safety. ...

Abuse of Leadership Authority. ...

Nepotism and Favoritism. ...

Privacy. ...

Corporate Espionage

8 0
3 years ago
Which of the following statements does correctly explain the effect of additional debt on the weighted average cost of capital (
Aleksandr-060686 [28]

Answer: The net effect of additional debt on WACC is uncertain.

Explanation:

Weighted Average Cost of Capital (WACC) refers to the rate of return that a company is paying it's capital providers on average be it debt holders or shareholders.

Adding additional debt to the mix effects the WACC in an uncertain way due to the different ways the WACC could react. For example, adding additional debt decreases the after-tax cost of debt because debt is tax deductible which means that more money can flow to shareholders so that reduces the cost of equity. At the same time however, Additional debt can increase the risk of bankruptcy meaning that the before tax cost of debt rises which also increase the WACC.

The effect can swing either way thereby making it uncertain.

5 0
3 years ago
Jenna approached Al Ternator about joining the business as an owner. She proposed that she continue to provide the technical exp
barxatty [35]

Answer: General partners

Explanation:

General partners refers to the group of two persons operating a business. These partners have the decision making authority in the business and are personally liable for any debt and liabilities of the business.

In the given case, Jenna and Al both are willing to operate a business together. There is nothing mentioned about the limited liability and also the structure is not company so  they could not be majority shareholders.

They are working for themselves and not for others so they are not consultants either.

Hence the correct option is B.

 

8 0
4 years ago
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