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viktelen [127]
3 years ago
7

Products that the consumer purchases such as insurance, burial services, or emergency car-towing are known as ___________ goods

and services because they are not products that consumers regularly evaluate and consider purchasing
Business
1 answer:
Len [333]3 years ago
6 0

Answer:

The correct answer is "unsought"

Explanation:

Unsought goods are products or services that consumers don´t have any knowledge about it. Sometimes the customer doesn´t find it useful and thinks that it is a waste of money and time.

The classic examples of unsought goods are encyclopedias, funeral services, reference books.

You might be interested in
Dave Seminsky’s ability to open Sumarian Coffee in Shanghai can be attributed to which of the following?A. ethnocentrismB. avail
svetlana [45]

Answer:

E. globalization

Explanation:

-Ethnocentrism refers to judging another culture based on your own culture and considering yours as superior.

-Availability of supplies refers to having access to the products needed for the business.

-Avoidance of tariffs and import quotas refers to not having limitations like  paying taxes on imports or exports or having a maximum quantity of a product that can be imported or exported.

-Lower labor costs refers to low salaries.

-Globalization refers to a process of integration that involves people, governments and companies around the world. When talking about business is about developing an international presence and beginning to operate in other countries.

According to this, Dave Seminsky’s ability to open Sumarian Coffee in Shanghai can be attributed to globalization.

8 0
3 years ago
The free-rider problem; A. Arise from the ability to exclude an individual from the benefits of someone else's purchase B. Is a
ololo11 [35]

Answer: C. Reflects the inability to exclude an Individual from the benefits of someone else's purchase.

Explanation:

The Free-rider problem is a concept in economics that describes the fact that sometimes people benefit from goods and services that they wither did not pay for or underpaid for.

There has been a failure to exclude those individuals who are free-riding from the benefits of goods and services that other people are paying for. A simple example of the free-rider phenomenon is using Wikipedia. Most of those who use it do not contribute or pay for its upkeep in any way yet reap the benefits of its extensive information.

8 0
3 years ago
Money market mutual funds
katen-ka-za [31]

Answer:

c. carry no loads.

Explanation:

  • They are also called as the mutual funds and are open-ended mutual fund investments in short debit security as the U.S treaty bills and the commercial papers.
  • They are made with the goal of maintaining high stable assets values by liquid investments.
  • Regulated by the investments company act of the U.S of 1940, are important providers of the liquidity to the financial institutions.  
  • <u>These funds seek to limit the exposure of the losses due to the credit, market, and liquidity risks.</u>
8 0
3 years ago
Vaughn Manufacturing's prepaid insurance was $197000 at December 31, 2021 and $90300 at December 31, 2020. Insurance expense was
Zina [86]

Answer:

Cash disbursements for insurance would be $ 168,700.

Explanation:

In accrual based accounting expenses are recorded when they are incurred. The payment against item purchased does not make it qualified to be recorded as expense. Any advance payment made is recognize as asset untill performance obligation has been completed. So in order to determine amount of payment we will use following accounting equation.

Payments = Prepaid current period + expenses - opening prepaid balance

Payments = 197,000 + 62,000 - 90,300 = $ 168,700

8 0
3 years ago
Shyla conducted an experiment. she went to the student union and asked people if they would like to be subjects in her study. sh
Assoli18 [71]
No!
It's biased. Grumpy people have a right to have their opinions known just as well as cheerful people. Grumpy looks are momentary. They can be brought about (especially at a University) by math problems that are illusive, by girl friends (or boy friends), that are illusive, by something for lunch that was barely edible, by any number of things. 

She should ask people on some sort of other scale that is more random.
7 0
3 years ago
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