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Softa [21]
3 years ago
9

If notorious firm behavior (i.e., defrauding a buyer of high-priced experience goods by delivering low quality) becomes known th

roughout the marketplace only with a lag of three periods, profits on high-quality transactions remain the same, and interest rates rise slightly, are customers more likely or less likely to agree to pay high prices for an experience good?
Business
1 answer:
Mrrafil [7]3 years ago
8 0

Answer:

Customers will less likely agree to pay high price for an experience good

Explanation:

Once a firms reputation is ruined or tarnished, a great number of customers will naturally lose trust as regards products from that firm. Most customer would not want to gamble with their money even with the slight increase in interests rates, it is expected that a firm should always deliver quality product on a consistent basis. Inconsistency in product quality will lead to a reduction in customer trust and overtime, customer base in general.

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3 years ago
The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances.
lara [203]

Answer:

The correct answer is $13.900.

Explanation:

To carry out the verification balance, the nature of the accounts presented in the normal balance of the organization must be taken into account. We have that the assets and income have a debit nature, so it is necessary that the corresponding to that premise are:

Accounts receivable $ 1,800 - Active

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On the other hand there are accounts that despite being of a credit nature, have credit movements as a result of ordinary activities, which would be:

Dividends: $ 1,200 - Debit nature liability

TOTAL DEBITS: $ 13,900

8 0
3 years ago
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3 years ago
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The answer here would be B.

Hope this helps!

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