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Bingel [31]
3 years ago
15

Vending machines are no longer limited by the need for cash. In Japan, South Korea, and the Philippines, consumers use mobile ph

ones that transmit payments to vending machines wirelessly. This is an example of how vending machines can provide which type of utility?
Business
1 answer:
Lemur [1.5K]3 years ago
4 0

Answer: Information Utility

Explanation: it helps customers to access information on their buying activity and gives them information available on their buying options

You might be interested in
Which of these is NOT part of a consumer profile?
Vilka [71]

Answer

Polygraphics

Explanation

Consumer profile is a way in which consumer are categorized according to groups regarding the market and the advertising purposes. By this you create a good picture of your customers which helps you to make good decisions according to the services you are offering. Customer profiling normally includes:

Demographic profiling which is the data concerning the population, age gender and the income of people within a certain population.,

Psycho-graphics profiling this is where the behavior and beliefs of a certain population is captured.

Buying patterns this is normally the consumers behavior in the market its is about the quantity, duration e.t.c.

8 0
3 years ago
Read 2 more answers
When Marcus sent his daughter to college, he purchased a house near campus for $95,000. Empty lots in the area sold for approxim
Ugo [173]

Answer:

correct answer is (A) $85,000

Explanation:

given data

purchased house = $95,000

Empty lots area sold = $10,000

fair market value = $160,000

land price rise = $20,000

solution

we can say here that fair market value is more than the fair preface of home

so adjusted introduce will be explanation behind weakening

and

basis depreciation of the house will be

basis depreciation of the house = $95000 - $10000

basis depreciation of the house = $85000

so correct answer is (A) $85,000

5 0
3 years ago
Consider four types of markets: monopoly, perfect competition, oligopoly, and monopolistic competition. If they were ranked from
artcher [175]

Answer:

Monopoly

Oligopoly

monopolistic competition

Perfect competition

Explanation:

A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.    

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

examples of monopolistic competition are restaurants  

A monopoly is when there is only one firm operating in an industry. there is usually high barriers to entry of firms. the demand curve is downward sloping. it sets the price for its goods and services.

An example of a monopoly is an utility company

An oligopoly is when there are few large firms operating in an industry. there is high barriers to entry and exit of firms

5 0
2 years ago
Suppose that we have two countries the United States and Japan with their respective production possibility curves with two good
Xelga [282]

Answer:

a. The United States

should produce computers since its opportunity cost is higher.

Explanation:

The United States' computer intercept is 2,000,000 computers and its medical device intercept is 400,000 medical devices.

  • opportunity cost of producing 1 computer = 2,000,000 / 400,000 = <u>5 medical devices</u>
  • opportunity cost of producing 1 medical device = 400,000 / 2,000,000 = 0.2 computers

The Japanese computer intercept is 1,000,000 computers and its medical device intercept is 500,000 medical devices.

  • opportunity cost of producing 1 computer = 1,000,000 / 500,000 = 2 medical devices
  • opportunity cost of producing 1 medical device = 500,000 / 1,000,000 = 0.5 computers
3 0
2 years ago
Tori Inc. has some material that originally cost $68,800. The material has a scrap value of $30,300 as is, but if reworked at a
VikaD [51]

Answer:

($200)

Explanation:

Calculation to determine What would be the incremental effect on the company's overall profit of reworking and selling the material rather than selling it as scrap

Sales value of reworked material: $31,600

Less: Cost to rework material: $1,500

Net Sales Value: $30,100

Current Scrap Value: $30,300

Net Disadvantage: ($200)

($30,100-$30,300)

Therefore What would be the incremental effect on the company's overall profit of reworking and selling the material rather than selling it as scrap is ($200)

4 0
2 years ago
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