Answer: C. the coattail effect.
Explanation: Coattail effect refers to situations in which the actions of other franchises in one way or the other affects the success or failure of one particular franchise's business.
Answer:
b. the purchasing power of their income is reduced.
Explanation:
Income effect is defined as the change in demand of a product that is a result of change in purchasing power of an individual, there are changes in real income.
When there is price increase the number of goods an individual's income can buy is reduced, so his purchasing power reduces. He will demand less of the good.
When there is a reduction in price purchasing power increases and customer can demand for more of the good.
In this scenario the increase in price of automobiles results in reduction in purchasing power, and reduction in amount demanded.
Answer: Rainforest Alliance and Eugster/Frismag
Explanation:
Rainforest Alliance - Nespresso sources their coffee beans from a variety of farmers chief amongst them being the cooperative known as the Rainforest Alliance. Since 2003, Nespresso has partnered with the RA with the result being that they source over 40% of their coffee beans from RA Certified Farms.
Eugster/Frismag - Nespresso machines are made by a number of companies under the company's license such as Krups, Sage and Magimix. Eugster/Frismag being one of the largest coffee machine producers however, is a major supplier of Nespresso machines due to their quality standards and account for over 20% of Nespresso branded machines.
Answer:
d. the demand curve has shifted to the right.
Explanation:
An increase in demand is associated with a rightward shift of the demand curve.
A decrease in demand leads to a leftward shift of the demand curve.
Some of the factors that cause an increase in demand :
1. Increase in income if the good is a normal good.
2. Expectation of an increase in price in the future.
3. Increase in price of the substitute.
An increase in Quanitity demanded leads to an upward movement along the demand curve. Only changes in price leads to a movement along a demand curve.
I hope my answer helps you
Answer:
The correct answer is letter "E": liking.
Explanation:
The six (6) buyer-readiness stages are <em>awareness, knowledge, liking, preference, conviction, </em>and<em> purchase</em>. In the liking stage, the consumer feels positive about the goods or services. It is caused because of many factors such as advertising which adds value to the product making it seem inviting and reachable.