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Furkat [3]
4 years ago
9

____ consumption occurs when consumers "set apart" objects and events from normal activities and treat them with respect. ____ c

onsumption, in contrast, describes objects and events that are ordinary or everyday, they don't share the "specialness" of sacred ones.
Business
1 answer:
solong [7]4 years ago
6 0

Answer:

  • Sacred consumption
  • Profane consumption

Explanation:

This differentiation is based on special religious events (e.g. religious holidays) that considered some goods as sacred, while profane had to do with everyday life.

Some modern marketing strategies try to build sacred brands. For example, Google has become our God of all knowledge and no one even dares to challenge that almost religious belief. Anyone can make their own coffee or buy coffee at any coffee shop, but Starbucks is different, it has built a sense of emotional connection with the public. It's not any coffee that we need or want.  

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Which of the following describe the purpose of money?
julsineya [31]

The purpose of money is that it is a store of value, unit of account and a medium of exchange.

Money is a store of value because it holds a value to pay for something else. Money is used to purchase items you want and depending on how much money you have it creates a value that is enough to purchase something else. Money is also a unit of account because it holds a numeric value that is important to the holder and the organizations so that people can spend their items on things they want/need. Money is also a medium of exchange because it is used as an exchange for a good or service that the consumer wants.

5 0
4 years ago
Read 2 more answers
g An increase in demand is represented by a a. movement downward and to the right along a demand curve. b. movement upward and t
Lana71 [14]

Answer: c. rightward shift of a demand curve.

Explanation:

When there is movement along the demand curve, this is due to a change in the price of the good.

However, an increase in demand is noted by a rightward shift in the Demand curve. This is to signify that the demand has changed even though the price had remained the same. This shift is meant to signify that something else apart from price has caused an increase in demand such as an increase in income. After the shift, the price will have to change to reflect a new Equilibrium which will be the new intersection point with the Supply Curve.

I have attached a graph showing what happens when Quantity Demand increases.

4 0
3 years ago
Which one of the following stocks is correctly priced according to CAPM if the risk-free rate of return is 3.4 percent and the m
MrRissso [65]

Answer:

D) Beta .98 expected return .107

Explanation:

In CAPM (Capital Asset Pricing Model), expected return = risk-free rate + Beta * market risk premium = 3.4% + Beta * 7.4%

We try every choice consecutively

A) Beta .87  expected return .096

⇒ expected return = 3.4% + 0.87 * 7.4% = 0.098

A is wrong

B) Beta 1.09   expected return .102

⇒ expected return = 3.4% + 1.09 * 7.4% = 0.1147

B is wrong

C) Beta 1.62 expected return .146

⇒ expected return = 3.4% + 1.62 * 7.4% = 0.154

C is wrong

D) Beta .98 expected return .107

⇒  expected return = 3.4% + 0.98 * 7.4% = 0.107

D is TRUE

E) Beta 1.16   expected return .139

⇒ expected return = 3.4% + 1.16* 7.4% = 0.12

E is wrong

6 0
3 years ago
Adam Smith, the father of
Nonamiya [84]

Answer:

The "diamond-water" paradox.

Explanation:

Adam Smith in his book <em>The wealth of nations</em> posted a question consisting the comparison between the price of diamond and water.

His idea was that why the price of diamond is so high as it has no importance in human life, and why the price of water is so low when it is highly significant for human life. One cannot die, if he doesn't have a diamond under his pillow although he will die if water is not given to him for days.

3 0
4 years ago
Investor A buys 100 shares of SLM Inc. at $35 a share and holds the stock for a year. Investor B buys 100 shares on margin. The
morpeh [17]

Answer:

A. $0

B. $112

C. Investor A 14.3% gain

Investor B 18.5%

Explanation:

a) Based on the information given interest cost for investor A will be Zero

b) Calculation for What is the interestcost for investor B

Cost of interest =(100 shares*$35)×(100*%-69%)×0.08

Cost of interest = 3,500 x 0.40 x 0.08

Cost of interest =$112

c) Calculation for what percentage returndoes each investor earn

Investor A: 4,000 - 3,500 = 500/3,500

= 0.1428 =14.3% gain

Investor B: $500 gain - $112 interest

= $388/2,100 = 0.1848 =18.5%

3 0
3 years ago
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