All categories

3 years ago

What is possession utility?

Business

1 answer:

katrin2010 [14]3 years ago

6 0

b.) The Value added to a product by transferring ownership to the customer.

is the answer

Explanation:

Possession utility explains and possibly contains the gratification that arises from owning a product or using a service. Buying and selling of anything include the change of ownership from one to another. Possession utility is what lets customers asses what they purchased. Having versatile choices for payment is one way to make possession simple for customers. Other methods can be how the product is delivered, how quickly it is delivered. Possession utility gets down to knowing how people relish what they have and what they give others. Although possession utility is peculiar, it is also significant and usually results after some kind of legal exchange.

You might be interested in

Which filter can be used to find a specific project when in the work area?

ANEK [815]

The filter that can be used to find a specific project when in the work area is: Project name.

<h3>Project Filter</h3>

When looking or searching for a particular project that meet your requirement in a work area, in order to find the project the best thing to do is to include the following filter as it will enables you to find the project you are looking for;

Project name
Due date
Template name
Team member

Therefore the filter that can be used to find a specific project when in the work area is: Project name.

Learn more about project filter here:brainly.com/question/23643337

#SPJ11

6 0

2 years ago

Yasmin Co. can further process Product B to produce Product C. Product B is currently selling for $33 per pound and costs $28 pe

Lyrx [107]

Answer:

Differential cost of producing Product C = $0

Explanation:

A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.

Also note that all cost incurred up to the split-off point (the cost of crushing) are irrelevant to the decision to process further .

Sales revenue after the split off point (Product C) 58

Sales revenue at the split-off point (Product B 33

Additional sales revenue per unit 25

Further processing cost (25)

Differential cost of Product C 0

Differential cost of producing Product C = $0

Note that the cost incurred up until the split off point was not included because it is Irrelevant to the decision to process further. It has already been incurred , hence it is a sunk cost

6 0

3 years ago

Olivia found herself in over $10,000 worth of credit card debt after she graduated from college. Most of her purchases on her cr

Mkey [24]

Answer:

stop using her credit card

Explanation:

Based on the information provided within the question it can be said that the first step that Olivia should take is to stop using her credit card. People have adopted a consumer culture, and that has skyrocketed since the invention of the credit card, as it makes it easy for individuals to impulse buy something even if they do not have the money for it. By switching from credit card to cash only it will allow you to not overspend and make hasty impulse buys, thus allowing you to save money and hopefully get out of credit card debt.

7 0

3 years ago

Turner, Roth, and Lowe are partners who share income and loss in a 1:4:5 ratio (in percents: Turner, 10%; Roth, 40%; and Lowe, 5

Sonbull [250]

Answer:

Turner, Roth, and Lowe

a. Loss from selling the assets = $78,800

b. Loss allocation to the partners:

Turner Roth Lowe

Loss sharing ($78,800) $7,880 $31,520 $39,400

c. Capital contribution to cover deficiency:

Turner Roth Lowe

Contribution to cover deficiency $3,000 $12,000 $15,000

Explanation:

a) Data and Calculations:

Turner Roth Lowe

Income and loss sharing ratio: 1 4 5

Assets before liquidation = $130,800

Liabilities = $82,000

Capital balances $2,900 $14,200 $31,700

Cash received from sale of assets = $52,000 ($82,000 - $30,000)

Loss from sale of assets = $78,800 ($130,800 - $52,000)

Loss sharing ($78,800) $7,880 $31,520 $39,400

Contribution to cover deficiency $3,000 $12,000 $15,000

5 0

3 years ago

A new advertising agency serves a wide range of clients including manufacturers, restaurants, service businesses, department sto

sweet-ann [11.9K]

Answer:

C. Job - order costing

Explanation:

Job - order costing -

It is used by the organization , when the goods and services of the organization are readily identifies by separate batches or units .

The agency that will advertise accumulates its cost through the client .

The method of job - order costing is the most apt system for a non - manufacturing firms .

Hence , from the data of the question , the correct answer is ( C ) Job - order costing .

8 0

3 years ago