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Ad libitum [116K]
3 years ago
10

4. Classify each of the following products into either convenience, shopping, specialty or unsought goods: toothpaste, life insu

rance, Viso TV, Eggo waffles, lettuce, Coach handbag, adidas soccer cleats,l furniture.
Business
1 answer:
Oksi-84 [34.3K]3 years ago
8 0

Answer:

  • Toothpaste - convenience
  • Life insurance - unsought
  • Sharp TV - shopping
  • Eggo Waffles - shopping
  • Lettuce - convenience
  • Coach handbag - specialty
  • Adidas soccer cleats - shopping
  • Furniture - shopping

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Farmers selling some of their soybeans in storage because they anticipate a lower price of soybeans in the near future would cau
AlladinOne [14]

Answer:

D. rightward shift in the current supply of soybeans.

Explanation:

A shift in the supply curve is caused when factors other than price either increase the supply of a good (a shift to the right), or decrease the supply of the good (a shift to the left).

In this case, a factor other than price, the expectations of farmers (they are expectations because the lower prices have not materialized) has increased the supply of soybeans, causing a rightward shift of the supply curve of that good.

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3 years ago
During a presidential campaign, the incumbent argues that he should be reelected because GDP grew by 12 percent during his 4-yea
KengaRu [80]

Answer: The real GDP per person grew by 8%. Option C is the correct option

Explanation:

To calculate the real GDP per person, we have to calculate the real GDP growth rate in respect to the growth in population and deflator rate, then multiply it with the GDP growth.

GDP deflator = Nominal GDP ÷ Real GDP

The nominal GDP which includes the addition of population will grow by 4% since the population growth was 4%

GDP deflator increase by 6%

Therefore;

Real GDP = 4% ÷ 6% = 0.66667

THE REAL GDP PER PER PERSON

12% × 0.66667 = 8.00004%

Therefore the the real GDP per person is 8%, which is less than what he said.

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3 years ago
br company has a contribution margin of 40%. sales are $312,500, net operating income is $25,000, and average operating assets a
Klio2033 [76]

The company's return on investment  ROI would be 12.5%

What does a favourable return on investment mean?

The profit from an investment is divided by the investment's cost to determine the return on investment (ROI). When represented as a percentage, an investment with a profit of $100 and a cost of $100 would have a ROI of 1, or 100%. Generally speaking, a yearly ROI of around 7% or higher is regarded as a decent ROI for an investment in stocks. This also refers to the S&P 500's average annual return when inflation is taken into account of the company to increase the profit margin. 

To know more about ROI click on the link below:

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1 year ago
Paying attention to the trends that might imact your future is called
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3 years ago
How much the top managers support a change and how capable employees are of handling a change are important considerations of.
Artemon [7]

The ability of top managers to support a change and how capable employees are of handling a change are important considerations of how ready an organization is for change

<h3>What is Management?</h3>

This refers to the act of organizing workers in order to maximize their potential and output.

Here, we can note that when we are considering the ways in which organizations are ready for change, we would look at the ability of top managers to support a change and how capable employees are of handling a change because this shows their level of readiness.


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