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kozerog [31]
3 years ago
6

Rogers suggested that ideas are diffused through the market in systematic stages. During the ________ stage the customer decides

whether or not to try the product.
Business
1 answer:
Step2247 [10]3 years ago
8 0

During the <u>Decision to adopt stage</u>  the customer decides whether or not to try the product.

Explanation:

  • Diffusion of Innovation (DOI) Theory,was framed by E.M Roger in the year 1962.

  • Diffusion of Innovation (DOI) Theory,is one of the most oldest theories of social science.

  • <u>This theory explains that how a new idea,product or behavior is first introduced and then how it diffuses ,and becomes a part of the social system as a whole</u>

<u />

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A store manager predicts that 80 hats will be sold if each hat costs $15. The manager predicts that 3 less hats will be sold for
Ierofanga [76]

Answer:

$25

Explanation:

Data provided in the question:

Initial cost of each hat = $15

Initial number of hats sold = 80

3 less hats will be sold for every $1 increase in price

Thus,

For at least 50 hats to be sold, the store manager can increase the price such that maximum 30 less hats are sold

Therefore,

maximum increase in price = Maximum number of less hats ÷ Number of hats sold less for $1 increase

=  30 ÷ 3

= $10

The prices that the manager can predict that at least 50 hats will be sold will be

= $15 + $10

= $25

8 0
3 years ago
. Intellus has long-term debt of $5 million, owners' equity of $7.5 million, current assets of $1 million, gross fixed assets of
stich3 [128]

Answer:

- $0.5 million

Explanation:

The computation of the net working capital is shown below:

We know that

Net working capital = Current assets - current liabilities

where,

Current assets = $1 million

The net fixed assets = Gross fixed assets - Accumulated depreciation

= $20 million - $7 million

= $13 million

Total assets = Current assets + net fixed assets

                    = $1 million  + $13 million

                    = $14 million

And,

Total assets = Total liabilities + owners equity

$14 million = Total liabilities + $7.5 million

So, the total liabilities is

= $14 million - $7.5 million

= $6.5 million

Total liabilities = Current liabilities + long term debt

$6.5 million =  Current liabilities + $5 million

So, Current liabilities is $1.5 million

Now the net working capital equal to

=  $1 million - $1.5 million

= - $0.5 million

7 0
3 years ago
Production costs chargeable to the Finishing Department in May at Kim Company are materials $7,700, labor $19,700, overhead $18,
kenny6666 [7]

Answer and Explanation:

The computation of the unit cost for material and conversion cost is shown below:

Material Cost per Unit is

= Total Material Cost ÷  Equivalent Units for Materials

,= ($7,700 +  $66,801) ÷ (20,300 units)

= $3.67 per unit

And, the conversion cost per unit is

= (labor cost + overhead cost) ÷ equivalent units for conversion

= ($19,700 + $18,289) ÷ 18,900 units

= $2.01 per unit

5 0
3 years ago
In addition to the three basic financial statements, which of the following is also a required financial statement? O Statement
Vikki [24]

Answer:

Statement of Cash Flows.

Explanation:

The financial statement comprises of income statement, balance sheet, statement of stockholder equity and the statement of cash flows. It is explained below

In the income statement, the total revenues and the total expenses are recorded.  

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.

In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + stockholder equity  

The debit and credit side of the balance sheet should always be equal and balanced.  

Moreover, it always is prepared on the specified date.

The statement of stockholder's equity comprises common stock and retained earnings.  

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

And, the ending balance of the common stock = Beginning balance of common stock + issued shares

There are three types of activities in the cash flow statement which are described below:  

1. Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.  

These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income and the loss on sale of assets is added whereas the gain on sale of assets is deducted  

2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.

6 0
3 years ago
Suppose the civilian noninstitutionalized working-age population is 35.9 million in in a hypothetical economy. Of these, 4.4 mil
grandymaker [24]

Answer: 22.71 million

Explanation:

The labor force refers to both the employed and unemployed populations of a country. In other words it comprises of those who are working and those who are not working but are able to and are currently seeking employment.

Labor force = Unemployed + Employed

= 3.4 + 1.72 + 4.4 + 13.19

= 22.71 million

Those who have not looked for work in sex weeks and above are not considered unemployed.

Part time employees are considered employed.

5 0
3 years ago
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