Answer: $42,400
Explanation:
The family currently spends $40,000 on living expenses.
Inflation is expected to be 6% and as Inflation is used to refer to the general rise in prices, this means that the family will be spending 6% more in one year.
They will therefore be spending;
= 40,000 * (1 + 6%)
= $42,400
Anything that an organization offers to satisfy consumer needs and wants, goods, and services are Products.
Consumer needs drive a person to seek out and pay for a good or service that meets their wants. The necessity is what motivates the purchase decision. Sales will increase when a company becomes more adept at identifying these demands and providing goods and services that address them.
The physiological need for survival as well as sentiments of security, belonging, esteem, and self-actualization are examples of consumer needs. When choosing a product or service, consumers should consider pricing, functionality, convenience, correct information, transparency, easy communication, and other aspects. An entrepreneur or small business must take into account four primary customer needs. These include cost, the standard of living, selection, and ease.
To know more about customer needs refer to: brainly.com/question/28104499
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D. Scanning, scanning means you’re interpreting the information, the others are more like skimming which is quickly looking over which isn’t the best.
Answer:
Is it ethical, feasible, and effective?
Explanation:
In the third step of rational decision making (evaluating alternatives and selecting a solution), you need to evaluate each alternative not only according to cost and quality but also according to these questions: (1) Is it ethical? (2) Is it feasible? (3) Is it effective?
