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mote1985 [20]
3 years ago
15

Elaine was known for being especially frugal. In fact, it was not out of the question for her to commute nearly 45 minutes just

to save a few dollars on a packet of cigarettes. Elaine perceived price as _______ for a good or service, while most consumers recognize price as the _______ made to acquire a good or service.
Business
1 answer:
Fed [463]3 years ago
8 0

Answer:

The money paid; overall sacrifice

Explanation:

Price: It refers to the amount of money paid to acquire a specific quantity of goods and services. It is also a measure of value.

Price to some consumer is the overall sacrifice made to acquire a product. It is the money paid in exchange for a Commodity.

Prices can be affected by demand or supply of goods.

If the demand for a product is higher than its supply, then price of the product will increase.

If the supply of a product is higher than its demand, then price of the product will fall.

Demand is the amount of goods and individual is willing to buy at a particular price over a period of time. Consumers tend to maximize utility by buying more quantity of a product at a lower price.

Supply is the amount of goods and services a producer is willing to sell at a particular price over a given period.

Producers tend to maximize Profit by selling more quantity of goods at a higher price.

Price is the major determinant of how much to demand and how much to supply at a point in time.

Elaine was known for being especially frugal. In fact, it was not out of the question for her to commute nearly 45 minutes just to save a few dollars on a packet of cigarettes. Elaine perceived price as the money paid for a good or service, while most consumers recognize price as the overall sacrifices made to acquire a good or service.

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blagie [28]
Hello,

Here is your answer:

I think the proper answer to this question will be option A "select a site". That's just because when planing a convention you have to find a place to hold it, form the committee, write the program, and then you have to write invites.

Your answer is A!

If you need anymore help just ask me!
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Why do you think it is important to understand the legal and ethical issues in photography?
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Answer:

Explanation:

The journal entry is shown below:

On February 20

Organization expense A/c Dr     $60,000

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never [62]

Answer:

A) save domestic jobs

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