Answer:
The answer is: There was no consumer surplus in this situation.
Explanation:
consumer surplus refers to the difference between the maximum amount a consumer is willing to pay for a good or service and the actual price of the good or service.
In this case there was no consumer surplus, since Stacey was willing to pay only $2 for a bottle of mineral water and its price was $2.25, so she didn't buy it.
Answer: The consumer market segment that is described is the Usage-Rate Segmentation.
Explanation:
This type of consumer market segment is used to determine how much a buyer/consumer uses the product. This put the consumer into a particular category that is used by companies when deciding on their products.
The consumers/customers are put into categories such as the;
- heavy product users
- light product users
- non-users
- medium product users
Larger companies tend to market towards the heavy product users instead of the other 3 categories.
Answer:
<em>The Schwinn exercise machine is most likely in the</em> <u>introduction</u><em> stage of the product life cycle.</em>
Explanation:
The life cycle of a product is characterized by the phases:
1- introduction,
2- growth,
3- maturity
4- decline.
The first step is the introduction, which characterizes the product's insertion in the market, and includes business efforts to make consumers aware of the product. This phase has as its main characteristics the <u>low volume of production and sales.</u>
Answer:A.One individual was born with more muscle fibers.
Explanation:
Muscle fibers are fibers that helps us break down the protein in our body and protein are the actual muscle makers .
If someone is born with muscle fibers his body breaks up these protein faster that the normal individual which makes their muscles build up faster than a normal person .
Answer:
$56.74
Explanation:
Base on the scenario been described in the question, we can use the following method to solve the problem
Solution Correct Response Calculate the amount financed, the finance charge, and the monthly payments for the following add-on interest loan. Purchase(Cash) Price Down Payment Amount Financed Add-onInterest Number of Payments Finance Charge $78810% $8%12 $56.74