Answer: Consumer behavior
Explanation: Consumer behavior is a set of value-seeking activities that the researcher examines how feelings, behaviors, and thoughts influence purchasing behavior. It involves all the activities connected to the purchasing, usage, and resale of commodities and services including the emotional, mental and other reactions that come before or after all that was accomplished.
The researcher studies the impacts on the buyers which might be from either their colleagues and household or any group in the society.
Answer:
2,700
Question Extract:
Assume that Shannon’s is considering the introduction of a new craft beer called Irish Stout that will be derived from its award winning Irish Red. Initially, Irish Stout will only be sold “on premise” at the brewery. Currently, pints of Irish Red consumed on premise sell for $5.00 per pint with unit variable costs of approximately $2.75 per pint. Variable costs are predominantly comprised of the costs of ingredients and utilities that directly affect the brewing process. The new craft beer will be positioned at a slightly higher price, $5.25 per pint and its unit variable costs will be about $3.25 due to the higher cost of some ingredients. The relevant price, cost, and margin data are below. Irish Red Irish Stout Price $ 5.00 $ 5.25 Unit Variable Costs $ 2.75 $ 3.25 Unit Contribution $ 2.25 $ 2.00
Explanation:
Assume that Irish Red’s sales without the introduction of Irish Stout are expected to be 1,200 units. Since the unit contribution for Irish Red is $2.25 per unit, the overall resulting contribution will be 1,200 x $2.25 = $2,700
The anticipated profit (contribution dollars) per month associated with sales of Shannon’s Irish Red assuming that the Irish Stout is not introduced is 2,700.
Answer:
The ending retained earning would be $2,400
Explanation:
For computing the ending retained earnings balance, we have to use the formula which is shown below:
Even in the question, the formula is given so we use it
Ending retained earnings = Beginning retained earnings + net income - dividend
Ending retained earnings = 0 + $6,000 - $3,600
In the question, the beginning retained earnings balance is not given so we assume zero balance
So, the ending retained earnings would be $2,400
The common characteristics of Greek and Romans were both polytheist, or having more than one god, to begin with. They also have many god with different names. They heavily influenced our current society, especially in terms of mythology. The separate city states that made up ancient Greece were often very different from one another.
