If an increase in income leads to a decrease in the demand for popcorn, popcorn is?

Think of a product that you purchased within the past 6 months

dalvyx [7]

Answer:

Product purchased: a purse

How did you recognize that you needed the product?

Through a need for more space to carry personal items to work.

Where or how do you look for information about alternative products that meet this need (product)?

Buying online is one of the facilities made possible by new technologies, which allows us to choose the product that meets our desires and needs without having to go to a physical store, in addition to the possibility of comparing prices and getting special discounts.

What alternatives did the research process generate and what variables did you use to make the final purchase decision?

The alternatives found were fast fashion sites that offered a bag of the ideal size, with the expected quality and defined average price.

Where did you buy the product and why?

I bought the product at Zara, which is a top quality fashion department store that would meet all requirements and needs with the purchase.

Were you satisfied after using or consuming the product? Explain.

Yes, because the benefits added to the product met my needs and desires.

There are 5 categories of influences as described in your text: economic, psychological. social, culture and ethnicity, purchasing situation. Which one(s) do you think had the greatest effect on your purchase decision? Please explain.

The item that had the most effect on the purchase decision was the psychological and economic item, as the choice of the product was made due to a need for work, but whose purchase decision process took into account factors such as brand, quality and the price of the product.

6 0

3 years ago

Sometimes reactions to prices in oligopolistic markets can result in _________, which occurs when two or more firms compete prim

Ray Of Light [21]

Answer:

B. a price war

Explanation:

A price war -

It is the type of competition between the company selling the similar type of product , or rival companies who tries to reduce the price of the product strategizing in a way to apprehend the wider area of the market , is known as a price war .

Reduction of the price of any goods or commodity is considered to be one of the best method to increase its market share ,

because as soon as the price of any good decreases , the sales automatically increases , as the consumers are always in search of some discounts and good deals .

A price war can be short term , as well as long term .

3 0

4 years ago

Is the symbol that represents the cost of preferred stock in the weighted average cost of capital (wacc) equation?

wel

Yakov Co. has $2.3 million of debt, $3.04 million of preferred stock, and $1.34 million of common equity is the symbol that represents the cost of preferred stock in the weighted average cost of capital (WACC) equation.

The math is easy. Divide the present value of each stock position by the total value of the portfolio and multiply by 100 to convert it to a percentage. These weights indicate how dependent the portfolio's performance is on individual stocks.

The cost of preferred stock represents the rate of return required by preferred shareholders and is calculated by dividing the annual preferred dividend (DPS) paid by the current market price.

WACC equation Part 2 – Borrowing Costs and Preferred Stock

Borrowing cost is the rate of return to maturity on a company's debt; similarly, the cost of preferred stock is the rate of return on a company's preferred stock.

Learn more about the WACC equation at

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4 0

2 years ago

Ron, a sales representative for a software firm, is giving a sales presentation to mona, a buyer for a large manufacturing firm.

Anna71 [15]

It is not unethical nor illegal to offer incentives for customers to sign contracts with your company. If I were Ron, I would try and get the tickets and give them to the prospective client to build rapport and relationship. hopefully this will lead to a sell in the future.

3 0

3 years ago

When a company makes a commitment to enter a market on a large scale, this implies a blank______ entry.multiple choice question.

Orlov [11]

A large-scale market entry commitment by a firm suggests a rapid entry.

<h3>What is a large scale?</h3>

Something that is grand or massive is referred to as being on a large scale. 300 guests invited to a wedding is an example of a large-scale event. broad in scope or reach. A smaller area is depicted on large-scale maps with more information.

A large-scale map shows a limited geographic area. A smaller number would appear to the right of the ratio for a big scaled map expressed as a representative scale.

Large-scale industries are defined as those with significant infrastructure, raw material needs, high labor costs, and significant capital requirements. Large-scale industries are defined as those businesses with fixed assets worth more than 10 crore rupees.

To learn more about large scale, refer to:

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3 0

2 years ago