1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Natasha2012 [34]
3 years ago
9

Companies often use social media influencers popular with their target market to promote their products. In this case, the influ

encers represent a(n) _______. a. dissociative reference group b. subculture c. aspirational reference group d. social class e. membership reference group
Business
2 answers:
SSSSS [86.1K]3 years ago
7 0

Answer:

C) aspirational reference group

Explanation:

An aspirational reference group can be described as a group of individuals with whom a person (or many millions in this case) wish to be associated with. This person will try to imitate their behavior, and most importantly their purchase behavior since he/she doesn't belong to that group but wishes he/she could.

katrin [286]3 years ago
3 0

Answer: In this case, the influencers represent an ASPIRATIONAL REFERENCE GROUP.

Explanation: An aspirational reference group can be said to be a reference group consisting of individuals that other individuals express a hope or intention to be associated with but doesn't belong to. So to be associated with or belong, other individuals copy the behavior of the aspirational reference group. In this scenario, the social media influencers represent the aspirational reference group who other people wants to be associated with..

You might be interested in
For questions 1-10, fill in the blank with the letter of the term that best matches the
AveGali [126]

Answer:

Explanation:

Free brainliest to the first who answers and 100 points!!!!! also a thanks and a five star

7 0
2 years ago
3. Explain why price is equal to marginal revenue in pure competition but not in a monopoly. Include in your explanation why the
melisa1 [442]

Answer:

The answer is in a perfect competition profit is maximized when marginal cost equal marginal revenue and price is equal to average revenue and marginal revenue, while in monopolist profit is maximized when marginal cost is equal to marginal revenue.

Explanation:

The firm in a perfectly competitive market is a price taker,the price in the market is determined by the market forces of demand and supply. The firm has to sell their product at the ruling market price.The demand curve facing the firm in perfectly competitive market is horizontal or perfectly elastic, profit is therefore maximized when the marginal cost is equal to average revenue and marginal revenue. The firm in the market operate at the output level in which the price and marginal revenue is equal to marginal cost. Whatever prices that change the market demand or supply will change the demand curve faced by the firm.The firm cannot do anything to this than to accept the market price and the demand curve.

In a monopoly the demand curve is identical to the demand curve of the firm, because industry demand curve is downward sloping.The monopolist can either set the price or quantity not the two.when one is determined the value of the other will be determined by the demand function. The profit maximization of the monopolist also requires that marginal cost must be equal to marginal revenue just like in the case of perfect completion.when the monopolist equates MR and MC the monopolist determines its output and the market price for the product. The revenue curve is steeper than the demand curve,because the straight line is the market demand. The firm will have to reduce The price of the product if they want to sell more of their product the unit of the product sold is the AR which is equal to the price.Therefore the AR curve of the monopolist and the perfect competition MR and AR are both identical that informed the reason why the marginal revenue curve is steeper than the demand curve for a single price monopolist.

8 0
2 years ago
Cavy Company estimates that total factory overhead costs will be $660,000 for the year. Direct labor hours are estimated to be 1
Kitty [74]

Answer:

A...=$6.6; B=$3,696 and $5,280

Explanation:

A. To calculate the predetermined factory overhead rate,

Given

overhead costs = $660,000

Direct labor hours = 100,000.

overhead rate = overhead cost/labor hours

= $660,000/100000

=$6.6

B. To calculate the amount of factory overhead applied to Job 345 if the amount of direct labor hours is 560 and Job 777 if the amount of direct labor hours is 800

Given

Job 345 direct labor hours is 560

Job 777 direct labor hours is 800

Therefore

Factory overhead for job 345 = direct labor hours × predetermined factory overhead rate

= 560hours × $6.6

=$3,696

Factory overhead for job 777 = direct labor hours × predetermined factory overhead rate

= 800hours × $6.6

=$5,280

C. Journal entry for April

Add the overheads the two current jobs

$3,696 + $5,280= $8,976

Now record $8,976 in debit column against current work

record $8,976 in credit column against factory overhead

Account debit credit

1. current work $8,976

2. factory overhead $8,976

8 0
2 years ago
Read 2 more answers
When a company chooses to market a product in certain parts of the country but not in others because consumer preferences of one
dexar [7]

When a company chooses to market a product in certain parts of the country but not in others because consumer preferences of one region differ from another region, it is known as geographic segmentation.

<h3>What are consumer preferences?</h3>

The products or commodities, which are demanded by consumers in a specific quantity at a given price due to the utility it brings to an individual consumer, is known as a consumer preference.

Hence, option A holds true regarding consumer preference.

Learn more about consumer preferences here:

brainly.com/question/3129917

#SPJ1

6 0
1 year ago
Family​ Corporation, a corporation controlled by​ Buddy's family, redeems all of​ Buddy's stock. For the redemption to be treate
WINSTONCH [101]

Answer:

C. Buddy cannot be a creditor of the corporation after the redemption.

Explanation:

"A stock redemption that terminates a shareholder’s entire stock ownership in a corporation will qualify for sale or exchange treatment under § 302(b)(3). The attribution rules generally apply in determining whether the shareholder’s stock ownership has been completely terminated. However, the family attribution rules do not apply to a complete termination redemption if the following conditions are met:

   The former shareholder has no interest, other than that of a creditor, in the corporation for at least 10 years after the redemption (including an interest as an officer, director, or employee).

   The former shareholder files an agreement to notify the IRS of any prohibited interest acquired within the 10-year period and to retain all necessary records pertaining to the redemption during this time period."

Reference: South-Western, Thomson. “Chapter 5.” To Qualify for Sale or Exchange Treatment, a Stock Redemption Generally Must Result in a Substantial Reduction in a Shareholde, 2005,

7 0
3 years ago
Other questions:
  • Item 6Item 6 Theodore Levitt advocates for a global culture characterized by standardized tastes and global markets. What is one
    14·1 answer
  • Caroline is a manager in a medium-sized logistics company, Wings, Inc. She always makes it a point to have long conversations wi
    12·2 answers
  • Puckett products is planning for $5 million in capital expenditures next year. puckett’s target capital structure consists of 60
    12·1 answer
  • On April 1, 2009, a company paid the $1,350 premium on a three-year insurance policy with benefits beginning on that date. What
    11·1 answer
  • If Pete raises his price of muffins from $2 to $3 and his sales revenue increases from $35,000 to $38,000, then:a. this is impos
    13·1 answer
  • Why is Earned Value a very powerful tool? Answer: It combines the cost, scope, and ____________ as an integrated tool to calcula
    10·1 answer
  • Jennifer is the CEO of JustFixIt Inc., a firm that merges technology with commercial hardware. She has been struggling with the
    9·1 answer
  • State any THREE activities that took place during the forming stage ​
    10·2 answers
  • QS 20-18 (Static) Schedule of cash receipts LO P2 X-Tel budgets sales of $60,000 for April, $100,000 for May, and $80,000 for Ju
    10·1 answer
  • It is important for an entrepreneur to have ___________ when approaching an angel investor or venture capitalist
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!