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vova2212 [387]
4 years ago
5

Al works as a cement finisher for a parking lot repaving company. He is suspicious of innovation and innovators. He was one of t

he very last people in the small Western city in which he lives to buy a microwave oven. When it comes to the adoption of microwave ovens, Al is in the _____ category.
Business
1 answer:
STALIN [3.7K]4 years ago
4 0

Answer:

Al is in the <u>late majority</u> category.

Explanation:

Late majority refers to consumers that are not willing to buy a product until they are sure it has a good performance as they don't want to take risks. These people tend to be resistant to change and they will buy a new product only when most people have already done it. According to this, Al is in the late majority category because he was one of the last people to buy a microwave in the city he lives in and he is suspicious of innovation.

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"Elasticity" is often considered a core justification for the adoption of cloud computing, primarily due to the fact that it is
Airida [17]

Answer:

and proportional costs benefit (true)

Explanation:

Human beings tend to be rational beings, and as such we behave when we go shopping. If a company raises the price of a product, the company will sell fewer units of that product and, in the same way, if the product is cheaper, it can have more sales.

But more or less sales does not mean more or less revenue for the company. If this were the case, all companies would simply limit themselves to lowering the price with sufficient margin to obtain greater benefits. Actually, there is a way to know what the price would be that would maximize the income of the product and therefore the benefits. It is the so-called elasticity of demand.

5 0
4 years ago
What does place mean when referring to marketing?
Ludmilka [50]
In marketing, place refers to where a product is being sold. When it says "in these select stores," that's the place.
5 0
4 years ago
Exercise 3-59 (Algorithmic) Preparation of Closing Entries Grand Rapids Consulting Inc. began 2019 with a retained earnings bala
Lady bird [3.3K]

Answer:

1) December 31, 2019, closing entry for revenue account

Dr Sales revenue 163,820

    Cr Income statement 163,820

December 31, 2019, closing entry for expense accounts

Dr Income statement 128,773

    Cr Salaries Expense 91,660

    Cr Rent Expense 10,550

    Cr Utilities Expense 8,415

    Cr Supplies Expense 4,348

    Cr Income Taxes Expense 13,800

December 31, 2019, closing entry for income statement account

Dr Income statement 35,047

    Cr Retained earnings 35,047

December 31, 2019, closing entries for dividends account

Dr Retained earnings 8,400

    Cr Dividends 8,400

2) Grand Rapids Consulting Inc.

Retained Earnings Statement

For the year ended December 31, 2019

Beginning balance January 1 ,2019       $28,900

Net profits                                                <u>$35,047</u>

Sub-total                                                   $63,947

Dividends                                                 <u>($8,400)</u>

Ending balance December 31 ,2019      $55,547

6 0
3 years ago
Anyone like jschlatt here
irina1246 [14]
Personally never knew he existed till yesterday, and I gotta say he is a very funny man.
4 0
3 years ago
Sheridan Company sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus). Q-Drive has var
sergiy2304 [10]

Answer:

weighted-average CM= $81

Explanation:

Giving the following information:

Sheridan Company sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus). Q-Drive has variable costs per unit of $45 and a selling price of $105. Q-Drive Plus has variable costs per unit of $60 and a selling price of $150.

weighted-average CM= (weighted average selling price - weighted average variable expense)

weighted-average CM= (0.3*105 + 0.7*150) - (0.3*45 + 0.7*60)= $81

6 0
3 years ago
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