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3 years ago

Consumer products that customers see as basically the same and want to buy at the lowest price are called:

Business

1 answer:

12345 [234]3 years ago

7 0

Answer:

The answer is Heterogeneous shopping products.

Explanation:

Heterogeneous products are those that have more complex characteristics and the price loses relevance when considering the purchase, giving greater importance to the characteristics, understanding these as the functions and services they offer. In these types of products, the information obtained by the sellers is essential for the purchase process.

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Robert has a monthly income of $1,650.00. His monthly mortgage payment is $675.00. What percentage of his income does Robert spe

makkiz [27]

Answer:B.40.9%

Explanation:

If $675 spend on mortgage and his monthly income is $1650

So the percentage will be:

$675 / $1650 × 100

= 0.409 ×100

= 40.9%

6 0

3 years ago

Straight-Line Depreciation Irons Delivery Inc. purchased a new delivery truck for $42,000 on January 1, 2019. The truck is expec

Ket [755]

Answer:

Annual depreciation= $7,996

Explanation:

Giving the following information:

Purchase price= $42,000

Useful life= 5 years

Salvage value= $2,020

To calculate the annual depreciation under the straight-line method, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (42,000 - 2,020) / 5

Annual depreciation= $7,996

5 0

3 years ago

Which person is most creditworthy? A. Nancy B. Sylvia C. Fiona D. Uli

pav-90 [236]

Fionna is the answer

8 0

3 years ago

Read 2 more answers

Jessica Adams is 21 years old and has just graduated from college. In considering the retirement investing options available at

Marina CMI [18]

Answer:

The summary as per the given query is summarized in the explanation section below..

Explanation:

The given values are:

The nominal rate of return,

= 7%

i.e.,

= 0.07

Inflation,

= 4%

i.e.,

= 0.04

Lengthy-term inflation would lessen the return on investment that lowers the net return as long-term investments are made.
It can also aim to obtain a higher return that will comfortably exceed the rate of inflation and therefore is beneficial towards diminishing the average return.

Now,

The rate of return will be:

= $(\frac{1+ nominal \ rate \ of \ return}{1+Inflation}) -1$

On substituting the values, we get

= $(\frac{1+0.06}{1+0.04} )-1$

= $(\frac{1.07}{1.04} )-1$

= $1.028846-1$

= $2.8846 \ percent$

Therefore it isn't able to measure the average return rate because the quantity of years for its expenditure.

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3 years ago

To encourage borrowers to accept adjustable rate mortgages (ARMs) rather than level-payment mortgages, mortgage originators gene

antiseptic1488 [7]

Answer:

B. Teaser rate

Explanation:

Teaser rate also called introductory rate is an interest rate that is usually below market that last for a short period of time. It is the beginning rate placed on credit products. It is a form of discounted interest rate that is offered for a short period of time. The rate can be as low as 0% for that short period of time and goes back to the normal rate after the short period of time expires.

3 0

3 years ago