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2 years ago

Advertising increases levels of consumer purchase of specific brands which in turn affects gross domestic product. T/F

Business

2 answers:

jeka57 [31]2 years ago

8 0

Answer:

The correct answer is False.

Explanation:

Advertising really tries to increase the purchase levels of products and services, not specific brands. Therefore, this statement is false considering that although all economic transactions affect GDP (positively or negatively), the advertising function is not aligned with its duty.

Masteriza [31]2 years ago

8 0

Answer:

True

Explanation:

Advertisement is the soul of any business. It makes consumers to be aware of your specific brand and convince them on the essence and benefits of patronising the specific brand. As no business or services can grow without advertisemet, it convince more consumers to patronise your brand and affect the gross domestic product positively.

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Companies often use social media influencers popular with their target market to promote their products. In this case, the influ

SSSSS [86.1K]

Answer:

C) aspirational reference group

Explanation:

An aspirational reference group can be described as a group of individuals with whom a person (or many millions in this case) wish to be associated with. This person will try to imitate their behavior, and most importantly their purchase behavior since he/she doesn't belong to that group but wishes he/she could.

7 0

3 years ago

Read 2 more answers

Please help me What are interests?

den301095 [7]

Answer:

things that people are into or enjoy doing.

Explanation:

also known as hobbies or skills

4 0

3 years ago

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When a product or service is delivered for which a customer advance has been previously received, the appropriate journal entry

tester [92]

Answer:

Explanation:

According to my research on different financial terminology, I can say that based on the information provided within the question the appropriate journal entry would include a debit to a liability and a credit to a revenue account. This must be included otherwise the journal entry will state the sale of the product or service as being made twice, which will cause errors in the financial statements.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0

3 years ago

Tiptoe shoes had annual revenues of $201,000, expenses of $111,700, and dividends of $24,400 during the current year. the retain

Andreyy89

Entry to close the income summary account at the end of the year:

At the time of closing the Income Summary account, the Income Summary account is debited and Retained earnings account is credit with the amount of Net Income. Net Income can be calculated as follows:

Net income = Revenue – Expenses = 201,000-111,700 = $89,300

Hence the entry to close the income summary account at the end of the year shall be as follows;

Income Summary Debit $89,300

Retained earnings Credit $89,300

4 0

3 years ago

Jack and Jill are the only two residents in a neighbourhood, and they would like to hire a security guard. The value of a securi

allsm [11]

Answer:

Jack and Jill

a. With a proportional tax of 1 percent on income, it would be enough to pay for the security guard $120.

Jack would pay $ __40___.

Jill would pay $ __80___.

This tax _will____ be enough to pay for the security guard.

b. Based on net benefit from the guard:

Jack would pay $ __43___.

Jill would pay $ _ 77____.

Would both Jack and Jill vote for this scheme? __No___ Jack will feel cheated by Jill in the sum of $3. Jack will likely prefer the 1% based on income.

Explanation:

a) Data and Calculations:

Value of a security guard for Jack = $50 per month

Value of a security guard for Jill = $90 per month

Total value of a security guard for both Jack and Jill = $140 ($50 + $90)

Cost of hiring a guard = $120 per month

Jack's monthly earnings = $4,000

Jill's monthly earnings = $8,000

Total monthly earnings for both Jack and Jill = $12,000

a. Proportional tax of 1 percent on income = $120 ($12,000 * 1%)

Jack will pay $4,000 * 1% = $40

Jill will pay $8,000 * 1% = $80

Total = $120

b. Net benefit scheme:

Jack will pay $50/$140 * $120 = $43

Jill will pay $90/$140 * $120 = $77

Total = $120

6 0

3 years ago