1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Liula [17]
3 years ago
11

Most major furniture manufacturers affix labels to their wares that explain the products' construction features, such as type of

frame, number of coils, and fabric characteristics. This form of labeling is an example of _____.
Business
1 answer:
allochka39001 [22]3 years ago
5 0

Answer: Informational labeling

Explanation: In simple words, informational labeling refers to the labeling done by the producer with the objective of making customer aware so that he can make proper product selection decision. This labeling provides the information of the production and various other stages through which the product goes.

This labeling lowers the discomfort that the customers feel when they purchase a product and do not get the satisfaction they were expecting.

Hence from the above we can conclude that the given case is an example of informational labeling.

You might be interested in
If a new home can be constructed for $150,000, what is the opportunity cost of federal defense spending, measured in terms of pr
FrozenT [24]

Answer:

4 million  houses

Explanation:

Opportunity cost is the forfeited benefit as a result of choosing one option over others.  Its value equals the cost of the next best alternative.

The cost of constructing a new home is $150,000.  If the Federal Defence has a budget of $600 billion, the opportunity cost of spending that amount will be the equivalent number of units that can be built by the amount.

To calculate the number of units= $600 billion divided by $150,000

= $600,000,000,000/ $150,000

=4,000,000

=4 million units

6 0
3 years ago
Summary financial information for Paragon Company is as follows. Dec. 31, 2014 Dec. 31, 2013 Current assets $ 203,600 $ 254,000
beks73 [17]

Answer:

Current assets:

Amount = 2014 value - 2013 value

             = $203,600 - $254,000

             = -($50,400) (Negative)

percentage changes = \frac{Amount}{2013\ value}\times100

                                    = \frac{50,400}{254,000}\times100

                                    = (19.84)%

Plant assets:

Amount = 2014 value - 2013 value

             = $1,397,000 - $831,700

             = $565,300

percentage changes = \frac{Amount}{2013\ value}\times100

                                    = \frac{565,300}{831,700}\times100

                                    = 67.96%

Total assets:

Amount = 2014 value - 2013 value

             = $1,600,600 - $1,085,700

             = $514,900

percentage changes = \frac{Amount}{2013\ value}\times100

                                    = \frac{514,900}{1,085,700}\times100

                                    = 47.42%

6 0
3 years ago
Suppose there are only two firms that sell smartphones: Flashfone and Pictech. The following payoff matrix shows the profit (in
Ann [662]

Answer:

Flashfone and Pictech

a. If Flashfone prices high, Pictech will make more profit if it chooses a (high,low) __low___ price, and if Flashfone prices low, Pictech will make more profit if it chooses a(high,low)___low____ price.

b. If Pictech prices high, Flashfone will make more profit if it chooses a(high,low)__low____price, and if Pictech prices low, Flashfone will make more profit if it chooses a (high,low) __low____ price.

c. Considering all of the information given, pricing high (is, is not) _is not_ a dominant strategy for both Flashfone and Pictech.

Explanation:

a) Data and Calculations:

                                 Pictech Pricing

                                     High        Low

Flashfone Pricing High 11, 11        2, 18

                             Low  18, 2      10, 10

b) A dominant strategy exists if Pictech or Flashfone would implement a particular strategy that benefits it no matter what the other firm does.

3 0
3 years ago
Among the costs Kunee Company incurred during the month of August were the following: $15,000 - coolant used in the headquarters
uranmaximum [27]

Answer: Option (B) is correct.

Explanation:

Given that,

Coolant (used in the office air-conditioning system) cost  = $15,000

Property taxes on factory building = $45,000

Depreciation on trucks = $10,000

Salary paid = $2,000

Period cost = Coolant cost + Depreciation on trucks

                   = $15,000 + $10,000

                   = $25,000

6 0
3 years ago
Buy new $13.97
andrew-mc [135]
I would say that is an alright deal you get prime video and music 
5 0
3 years ago
Other questions:
  • During the current year, Robert pays the following amounts associated with his own residence:
    10·1 answer
  • Hi, I'm 16 almost 17 next month and I'm getting a job at McDonald's. I am just curious about how much my first check will be if
    5·1 answer
  • Martinez, Inc. acquired a patent on January 1, 2017 for $41,800 cash. The patent was estimated to have a useful life of 10 years
    8·1 answer
  • After closing the accounts on July 1, prior to liquidating the partnership, the capital account balances of Gold, Porter, and Si
    7·1 answer
  • A 12-month insurance policy was purchased on Dec. 1 for $3,600 and the Prepaid insurance account was increased for the payment.
    12·1 answer
  • Smarty Pants Company sells two products, green camouflage pants and orange camouflage pants. Smarty Pants predicts that it will
    11·1 answer
  • in industires where international competition is so fieerce and the costs of competing on a global basis are so high that only a
    6·1 answer
  • A. What is the significance of voting rights to the ordinary shareholders? What is a proxy? Why do proxy fights occur?
    13·1 answer
  • Determine the amount to be added to Allowance for Doubtful Accounts in each of the following cases and indicate the ending balan
    9·1 answer
  • Why might someone decide to lease a home?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!