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Shtirlitz [24]
3 years ago
15

Products such as insurance, cemetery plots, and smoke detectors are examples of ________ goods that are products that the consum

er does not know about or does not normally think of buying.
Business
2 answers:
natka813 [3]3 years ago
8 0

<u>Full question: </u>

Products such as insurance, cemetery plots, and smoke detectors are examples of ________ that are products that the consumer does not know about or does not normally think of buying.

A) specialty goods

B) unsought goods

C) heterogeneous shopping goods

D) homogeneous shopping goods

E) convenience goods

<u>Answer:</u>

Products such as insurance, cemetery plots, and smoke detectors are examples of unsought goods that are products that the consumer does not know about or does not normally think of buying.

<u>Explanation:</u>

An unsought product is a product of which customers are uninformed or are not that involved in actively seeking the purchase. A high stage of buying, including massive publicity and competitive sales procedures, is frequently required due to customer unawareness of the commodity or no original wish to acquire it.

Another severe interference with an unsought product is that there is frequently no quick actual benefit concerned at marketing, and so, no excuse to obtain the purchase. Unsought product marketing and trading is a very tough task for yielders and retailers.

olya-2409 [2.1K]3 years ago
7 0

Products such as insurance, cemetery plots, and smoke detectors are examples of <u>unsought</u> goods that are products that the consumer does not know about or does not normally think of buying.

<u>Explanation:</u>

Unsought Goods are the goods that the customer doesn't think about or doesn't ordinarily consider purchasing, and the acquisition of which emerges because of peril or the dread of threat and absence of want.

The great instances of known however unsought merchandise are memorial service administrations, reference books, fire quenchers and reference books.

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Export.

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When a company sells its assets to a buyer in another country it is considered an export as the company is no longer considered an asset of the country of origin.

So when Anhueser Busch InBev sold Budweiser beer made in St. Louis, MO, to Germany, it carried out a United States export to Germany.

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Which of the following statements is true? a. The word theory means same for both economists and laymen. b. Abstraction forms an
VladimirAG [237]

Answer:

B) Abstraction forms an important part of economic analysis.

Explanation:

Economic abstraction refers to ignoring certain factors while doing economic analysis. Some minor or even important economic details must be assumed when trying to analyze certain situations. That is why economists love to use ceteris paribus (everything else constant). Macroeconomic theory is impossible to prove in a scientific way, only certain microeconomic theories can be tested scientifically. In order to perform macroeconomic analysis, economists must simplify the real world, since economy is too complex and has too many factors that can alter any possible analysis. It is impossible to analyze a nation's economy as a whole since millions of people and businesses make billions of economic decisions very day.

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3 years ago
The following information has been provided by Hale Company: • Advertising expense $8,800; • Interest expense $3,800; • Rent exp
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Answer:

Hale’s total expenses in calculating operating income is $57000

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Operating income represents profit realized in carrying out Hale Company primary activities

Only expenses incurred in are considered in calculation of Hale`s Operating Income

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Cost of goods sold                        22200              

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Depreciation                                    8000

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Advertising                                       8800

Total Expenses                               57000

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The expansionary fiscal policy will shift the aggregate demand curve from <u>AD0</u> to <u>AD1</u> and equilibrium will move from point <u>a</u> to <u>b</u> if the economy starts below full employment.

<h3>What is the below full employment?</h3>

Its means when an the short-run real gross domestic product is lower than that same long-run potential real gross domestic product.

Hence, the economic situation will elicit a policy of expansionary fiscal which will affect the aggregate demand graph.

Therefore, the aggregate demand curve from <u>AD0</u> to <u>AD1</u> and equilibrium will move from point <u>a</u> to <u>b</u> if the economy starts below full employment.

Read more about aggregate demand

<em>brainly.com/question/1490249</em>

7 0
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