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3 years ago

Products that the consumer does not know about or knows about but does not initially want are referred to as

1 answer:

8 0

Products that the consumer does not know about or knows about but does not initially want are referred to as unsought product. they only buy this product out of danger or it is required. the common unsought products are fire extinguisher and funeral services

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Even though it was extra work for the company to implement, Johan was happy that consumers had asked for a better grade of plast

aliya0001 [1]

It should be noted that the competitive advantage of Johan's company is being affected by Demand conditions.

<h3>What are Demand conditions?</h3>

Demand conditions can be regarded as the size and nature of the customer base for products, and this usually bring about innovation and product improvement.

This is why Johan was happy that consumers had asked for a better grade of plastic for the toys his company produced.

Learn more about Demand conditions at:

brainly.com/question/4804206

7 0

2 years ago

Sara spends $25 for an all-day ticket to an amusement park. After one ride, it begins to rain and she wishes she had never come.

iren2701 [21]

Answer:

False.

Explanation:

False, it is given that Sara spends $25 for all-day ticket in the amusement park. However, this is a shuck cost that she can not recover. Moreover, she has taken one ride so marginal analysis shows that all his $25 is not wasted. She has utilized some portion of their money so we can not say that she has wasted all his money.

7 0

3 years ago

All of the following statements about exit in monopolistic competition are true, except: Select the correct answer below: When e

Murljashka [212]

Answer:

When economic losses induce firms to leave the industry, demand for the original firm decreases.

Explanation:

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

An example of monopolistic competition are restaurants

When firms are earning positive economic profit, in the long run, firms enter into the industry. This drives economic profit to zero

If firms are earning negative economic profit, in the long run, firms leave the industry. This drives economic profit to zero

in the long run, only normal profit is earned

5 0

3 years ago

The market value of Fords' equity, preferred stock and debt are $ 6 billion, $ 2 billion, and $ 12 billion, respectively. Fo

aniked [119]

Answer:

10.12 %

Explanation:

Weighted Average Cost of Capital (WACC) is the cost of permanent sources of capital pooled together. It shows the risk of the business and is used to evaluate projects.

WACC = Cost of equity x Weight of Equity + Cost of Debt x Weight of Debt + Cost of Preference Stock x Weight of Preference Stock

Remember to use the After tax cost of debt :

After tax cost of debt = Interest x (1 - tax rate)

= 10% x ( 1 - 0.40)

= 6.00 %

Cost of equity :

Cost of equity = Return from Risk free security + Beta x Risk Premium

= 4.00 % + 1.8 x 8.00%

= 18.40 %

Cost of Preference Stock :

Cost of Preference Stock = Dividend / Market return x 100

= $2.50 / $ 25 x 100

= 10%

therefore,

WACC = 18.40 % x 30 % + 6.00 % x 60 % + 10.00% x 10%

= 10.12 %

thus,

Ford's weighted average cost of capital is 10.12 %

6 0

3 years ago

As a manager at Barcelona, which of the following activities do you think you would be encouraged to do? Check all that apply.

igor_vitrenko [27]

The manager at Barcelona would be highly encouraged to carry out the following activities:

"A. Encourage the chef to create new menu items featuring seasonal ingredients

D. Require your restaurant employees to attend a mandatory training session on customer service"

However, the manager cannot be encouraged to seek approval from Scott and Andy to advertise extended hours and use a new supplier since Scott and Andy may be employees.

Thus, the manager of Barcelona Restaurant will be encouraged to be innovative and ensure regular employee training to improve customer service and corporate profitability.

Read more about the responsibilities of a Restaurant Manager at brainly.com/question/16397522

7 0

3 years ago