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son4ous [18]
3 years ago
10

Laurie owns a Pluto X20 convertible. She has owned several other Pluto cars over the years. She has even convinced several famil

y members and friends to buy Pluto automobiles. Recently, however, she had a bad service experience at a Pluto dealership. Nevertheless, she decides to purchase a Pluto Y20 for her daughter.
1. In the given scenario, Laurie's engagement with Pluto automobiles best illustrates ___________.
a. brand loyaltyb. brand inertiac. brand equityd. brand extension
Business
1 answer:
VikaD [51]3 years ago
3 0

Answer:

Correct option is A.

Explanation:

Laurie's engagement with Pluto automobiles best illustrates <u>brand loyalty.</u>

Brand loyalty is defined as positive feelings towards a brand and dedication to purchase the same product or service repeatedly now and in the future from the same brand, regardless of a competitor's actions or changes in the environment.

Same is the case with Laurie, even she had a bad experience at the dealership even then she decide to buy a Pluto Y20 for her daughter.

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Fiat money:________.a) has no intrinsic value. b) is backed by gold. c) is a medium of exchange but not a unit of account. d) is
liberstina [14]

Answer: a) has no intrinsic value

Explanation:

Fiat currency is money that is used in a country and is regulated by the central bank of that country. Fiat money has no commodity backing it such as gold or silver and has no intrinsic value of its own.

It is instead backed by the full faith and credit of the government of the country that produces it. For instance, the US dollar is backed by the full faith and credit of the US government.

3 0
3 years ago
What is inflation? an increase in the amount of money in circulation an increase in the overall price level a decrease in the ov
ivann1987 [24]

Answer:

increase in the overall price level

Explanation:

Inflation refers to the general increase in prices of goods and services in the economy over time. An increase in aggregate demand, accelerated economic growth, and an increase in the cost of supplies causes inflation. The rate at which prices increase is called the inflation rate. It is measured by the Consumer price index or the GDP deflator.

Inflation results in a decline in the purchasing power of a country 's currency. The government sets a certain desired level of inflation rate to boost economic growth.

If a basket of popular consumer goods cost $100 at the beginning of the year, and the same basket cost $105 at the end of the year. The increase in price by $5 is attributed to inflation.

5 0
3 years ago
The daily sales of a peanut butter at Power's Grocery are normally distributed, with a mean of 12 jars and a standard deviation
Alenkasestr [34]

Answer:

d. 81

Explanation:

E(number of order) = E(X1) + E(X2) + 21 -4

                                = 12 + 12 + 17

                                = 41

Therefore, The store should order 81 .

3 0
3 years ago
Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead ra
Eddi Din [679]

The factory overhead allocated per unit of Product A in the Painting Department is $ .

Given,

                             Overhead       Total direct       DLH per product

                                                    Labour Hours           A          B

Painting dept.       $241000        10500                       8          11

Finishing dept.      $69700         10500                       5           6

Totals                     $311400        21000                       13         17

Single overhead rate per hour = total overheads/ total labor hours

Now, substituting the values in the formula

Single overhead rate per hour = 311400/21000

                                                   = $14.83 per labor hour

Now, direct labor hours for product A for the Painting department  = 16 hours

Overhead rate per unit of product A in the painting department = 16 hours × $14.83 per hour

Overhead rate = $237.28 per unit

Thus, Adirondak Marketing Inc. would allocate $237.28 to the painting department for 1 unit of Product A.

Learn more about factory overhead:

brainly.com/question/26082424

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8 0
2 years ago
How is a subsidy affect supply.
OlgaM077 [116]
How does a subsidy affect supply?
A subsidy by nature increases the purchasing power of the individual or class it is awarded to. It's like free money that can only be spent on certain things.
8 0
3 years ago
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