The answer to this is D. Hope this helped :)
Answer:
The correct answer is the letter b. This is a common occurrence. The policymaker usually disregards an economist's advice because they do not believe it is the most efficient policy.
Explanation:
It is common for policymakers to disregard the advice of an economist. This is because in addition to their often finding that the policies suggested by economists are not the most efficient, they observe the political return of such action, ie not just efficiency, but the extent to which this policy will bring political benefits. Thus, as in this case, the policy is not implemented because it is not popular with voters.
Answer:
Butcher's warranty expense for Year 4 is $10,000
Explanation:
Since in the question, it is given that 5% of the toys are returned, and the warranty expenses should be charged on the replacement service or repair service. Even, the question has said the same.
So, the warranty expense computation is shown below:
= Sale units of toys × selling price per toy × returned percentage
= 10,000 toys × $20 × 5%
= $10,000
The warranty obligation part is irrelevant. Thus, we don't consider in the computation part. Therefore, it is ignored.
Hence, Butcher's warranty expense for Year 4 is $10,000
Answer:
Conjoint study
Explanation:
A conjoint study is also known as Conjoint analysis, it is a form of market survey or market research that helps a business to know how people interacts with their product and services based on the product's features, functions and benefits.
Conjoint study;
i. Helps to determine the preference level of an individual.
II. It also helps to determine realistic choices of customers or shopping task.
III. Helps to evaluate the psychological factors that consumers use when evaluating different features together.
