The two types of shopping products are homogenous and heterogenous products. Hence the correct answer choice is option (d).
<h3>Enlist the features of a homogenous product.</h3>
Following are the features of a homogenous product :
- Market Structure: A crucial characteristic of a perfectly competitive market is homogeneous products. A market structure known as perfect competition is one that has numerous customers and sellers, homogeneous products, and no entry obstacles. Theoretically, homogeneous commodities cannot be distinguished from one another in a market with perfect competition.
- Price Determination -A homogenous product's pricing is the deciding factor in which one product should be chosen over another. When a customer is in front of a shelf filled with similar goods, they are searching for the one with the best deal.
- Consumer Loyalty: Referring to customers that favour a product brand, marketing strategy, or the company's ideals, consumer loyalty is important for products that are not uniform in nature. When a product, like laundry detergent or dish soap, is a recurring necessity, consumer loyalty may apply to homogeneous commodities. A consumer will frequently remain loyal to a homogeneous product in the future if they originally buy it based solely on pricing and are happy with it.
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The complete question is mentioned below :
The two types of shopping products are:
a. unsought and convenience.
b. generic and family.
c. exclusive and intensive.
d. heterogeneous and homogeneous.
e. consumer and business.
Answer:
The answer is $10,800
Explanation:
Straight line method of depreciation is:
Cost - residual value/number of useful life
Cost - $62,000
Residual value - $8,000
Number of years - 5years
=62,000 - 8,000/5
=57,000/5
$10,800.
Therefore, $10,800 will be charged every year.
Answer:
Sean and Jenny
The deductible net loss for the rental of their home is:
= $18,241.
Explanation:
a) Data and Calculations:
Number of days for rent of $3,000 collected = 40 days
Number of personal use of house = 18 days
Total number of days that the house was in use = 58 days
House Expenses:
Mortgage interest $14,000
Property taxes 3,500
Utilities 1,100
Maintenance 1,300
Depreciation 10,900
Total expenses $30,800
Proportion of house expense:
Rental use = $21,241 (40/58 * $30,800) 69%
Personal use = $9,559 (18/58 * $30,800) 31%
Total expense $30,800
The deductible net loss for the rental of their home is $18,241 ($3,000 - $21,241).
Answer:
First of all, there was no attendant in the parking lot when batman arrived, meaning that he did not hand the keys. Batman kept the leys to himself all the time, so there is no transfer of possession. Without a valid transfer of possession, bailment cannot exist. Whether Batman ate at the restaurant or spent time talking to Wonder Woman do not change the facts that the safety of his Batmobile was his responsibility only.
Answer:D. reject the offer because it will produce a net loss $21,000
Explanation:
Net income or loss is the total of firm's income less it's total cost( fixed and variable) . The contract will result in a loss $5 per unit which multiply by the total units of 4200 gives $21,000
