Answer: D. Laggards.
Explanation:
LAGGARDS refer to a group of people who are not fond of change. They are slow to adapt to new ideas or technology and usually only do some because they are forced to and everyone else has done so or because traditional alternatives are no longer available.
This group values reliability and low cost and account for about 16% of consumers.
Answer:
The answer is
Income inelastic
The chocolate is a normal good.
Explanation:
First lets find the percentage increase or decrease in income and demand.
For income:
($2,200 -$1,800)÷$1,800
=$400÷$1,800
=0.2222 or 22.22%
For the demand
(21cups-19cups)÷19cups
=0.1053 or 10.53.
A 22.22% increase in income leads to 10.53% in demand of hot chocolate. This means it is less proportional. The demand is less sensitive to his income.
The hot chocolate is a normal good. If not an increase in income would have resulted to a lower demand for hot chocolate.
Answer:
$ 19,740
Explanation:
Retained earnings are calculated by subtracting dividends distributed from the net income. Retained earnings are the business profits kept by a business as opposed to being distributed to shareholders.
A company's net income = retained earnings plus dividends paid.
For Parker dividends declared were: $ 4,860
Retained earnings will be:
Closing retained earnings= opening retained earning + income - dividends
$401,460 =$386,400+income -$4 680
$401,460 =386,400-4680 +income
$401,460=381,720 +income
income= $401,460 -$381,720
=$19,740
Answer:
Project 1
Explanation:
The computation of the payback period is shown below:
As we know that
Payback period = Initial investment ÷ Net cash flow
For project 1
The payback period would be
= $60,000 ÷ $20,000
= 3 years
For project 2
The payback period would be
= $80,000 ÷ $20,000
= 4 years
Based on the payback period, project 1 should be chosen as the initial amount would be recovered in 3 years instead of 4 years shown in project 2
Eukaryotic cells have membrane bound organelles, including the nucleus. The word comes from the Greek Eu (well) and karyon (nut/kernel.)
Prokaryotic cells (which are bacteria and archae) do not have membrane bound organelles. The word comes from the prefix pro- (before) and karyon (nut/kernel.)