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SVETLANKA909090 [29]
3 years ago
3

When Sandy was growing up, her mother always took her to discount stores to buy all her clothing. As a result, Sandy continues t

o do all her shopping at discount stores as an adult. Which social variable of buying behavior does this scenario best illustrate?
Business
1 answer:
Brilliant_brown [7]3 years ago
6 0

Answer:

Sandy's buying behavior best illustrate the social variable known as Reference Groups

Explanation:

In business and marketing, a reference group comprises individuals who influence other peoples behaviors, opinions, beliefs and attitudes. In fact, they can influence how an individual makes a decision about what good and services to purchase as well as where to purchase it from.

In this case, Sandy's mother has in the course of her growing up years, become like one of those individuals in reference groups because she has influenced and made Sandy believe that buying from a discount store is the best bet. This explains why Sandy still shops at discount stores even though she is an adult and not being in the company of her mother.

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In using a marginal cost pricing rule to regulate a natural monopolist, losses would be sustained by the firm because the price
bonufazy [111]

In using a marginal cost pricing rule to regulate a natural monopolist, losses would be sustained by the firm because the price is below the average total cost.

The marginal cost, or price of producing more, is the variation in total cost that results from increasing the quantity produced in economics. It can refer to an increase of one unit of output in some settings and to the rate of change of total cost as output increases by a tiny amount in others. The marginal cost is the slope of the total cost, or the rate at which it increases with output, and is expressed in dollars per unit while the total cost is expressed in dollars. The difference between average cost, which is the entire cost divided by the quantity of units produced, and marginal cost is that latter.

Learn more about marginal cost here:

brainly.com/question/13098002

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7 0
2 years ago
AFN equation Broussard Skateboard's sales are expected to increase by 15% from $7.6 million in 2016 to $8.74 million in 2017. It
nata0808 [166]

Answer:

$7,680

Explanation:

Assets totaled ($2 million ×15%) $300,000

Less spontaneous liabilities affected by sales

($450,000 accounts payable+$450,000 accruals) ( $900,000×15%) ($135,000)

Less Sales increased

($8,740,000×0.04×0.45) $157,320

Addition funds needed $7,680

Or

AFN =

($2,000,000×15%-$900,000×15%×$8,740,000×0.04×0.45)

=$7,680

Therefore the forecast Broussard's additional funds needed for the coming year will be $7,680

5 0
4 years ago
It is January 1 of Year 2. Sales for Harry Company for January, February, and March are forecasted to be as follows: January, $2
r-ruslan [8.4K]

Answer:

$248,000

Explanation:

Given that 20% of sales are for cash, Of the credit sales, 10% are collected during the month of sale, 30% in the following month, and 60% in the second following month. It means that credit sales is 80% of sales.

Cash collection for January will include 20% sales in January, 8% (10% * 80%) sales in January, 24% (30% *80%) sale in December and 48% (60% * 80%) of sales in November.

The forecasted amount of total CASH COLLECTIONS FROM SALES in January

= 20% * $200,000 + 8% * $200,000 + 24% * $400,000 + 48% * $200,000

= $40,000 + $16,000 + $96,000 + $96,000

= $248,000

4 0
4 years ago
$511,000 bond issue sold for $483,000. Therefore, the bonds: Multiple Choice Sold for the $511,000 face amount less $28,000 of a
Brrunno [24]

Answer: Sold at a discount because the market interest rate was higher than the stated rate. S

Explanation:

the bonds was Sold at a discount because the market interest rate was higher than the stated rate. This is as a result of the bonds issued which were at a discount having its market price way lower than its face value. Bonds tends to be sold at a discount when the market interest rate has exceeded the stated rate of the said bond.

6 0
3 years ago
Which of the following will shift the aggregate demand curve to the left?
lisov135 [29]

Answer:

A. Interest rates rise.

C. There is an economic boom overseas that raises the incomes of foreign households.

Explanation:

Option A - It is correct because if the interest rate increases, consumer spending will decline. Therefore, the aggregate demand curve will shift to the left.

Option B - If the government reduces the personal income tax, the consumers will spend more, it will lead the aggregate demand to the right. So, it is wrong.

Option C - Foreign households' income will lead to more savings. Therefore, spending will decline. So, it is the correct statement.

Option D - It is incorrect because corporate profit tax will not consider in the aggregate demand.

3 0
3 years ago
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