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DiKsa [7]
3 years ago
14

The lower the user's switching costs:

Business
2 answers:
JulijaS [17]3 years ago
8 0

Answer:

more intense the competitive pressures posed by substitute products.

Explanation:

The lower the user's switching costs: the more intense the competitive pressures posed by substitute products.

Switching costs can be defined as the cost of a consumer switching from a product to a substitute good.

Therefore when such switching costs are low, it will be easier to switch from one product to another, implying that the competitive pressure from substitute goods are higher.

dalvyx [7]3 years ago
6 0

Answer:

More intense the competitive pressures posed by substitute products

Explanation:

A user's switching cost is the cost incurred by a user/consumer when he/she changes brands of products and services he/she usually purchases for a substitute good or service usually of equal standard with the first brand.

Switching cost can be monetary, psychological and time-based as well. the higher the switching cost the less likely a user will  switch brands but the lower the switching cost the more likely a user will switch brands, and also the more intense the competitive pressures posed by the substitute products.

therefore switching cost is a market determinant for products with several substitutes in the open market.

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Hitzu Co. sold a copier (that costs $5,500) for $11,000 cash with a two-year parts warranty to a customer on August 16 of Year 1
enot [183]

Answer:

Answer 1. Warranty expense to be recognized is ($11,000*0.04)=$440

Answer 2. Warranty liability at end of year one is $440

Answer 3. Warranty liability at the end of year two is ($440-$130)=$310

Answer 4.

Cash $11,000

To sales $11,000

(sale of copier recorded)

Warranty expense $440

To Warranty liability $440

(Warranty recorded at the end of year 1)

Warranty liability $130

To inventory $130

(Repairs done to copier)

3 0
3 years ago
2. State the accounting equation.
ladessa [460]

•ω• Hewo fren!

☆☆●◉✿ Answer:✿◉●☆☆

The accounting equation formula is Assets = Liabilities + Equity.

☆☆●◉✿Step-by-step explanation:✿◉●☆☆

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6 0
3 years ago
We will follow-up the basic perpetuity with a delayed perpetuity. Watch the Chapter 5 Part 2 video for an example of a delayed p
maria [59]

Answer:

At the end of year 4 (one year before the first cash flow)

Explanation:

According to the present value of perpetuity concept here we divided the predicted cash flows by the rate of that period by calculating this it provides the present value that is prior to the cash flow now if we want for more years so we should have to discount over that time period

Since in the given situation the starting of the cash flows is from the ending of year 5 therefore the timeline would be at the closing of year 4 i..e one year prior to the first cash flow

4 0
3 years ago
Nick has a comprehensive health care policy with a $250 per-calendar-year deductible, an 80% co-insurance provision, and a $1,00
VikaD [51]

Answer:

Nick  pay maximum $930

so correct option is d. $930

Explanation:

given data

health care policy = $250

co-insurance provision = 80 %

it mean claim to be paid by insurance company = 80%

and claim to be paid by Nick =  20 %

co payment cap = $1,000

claim insurance = $600

company paid  = $280

total bills = $5,000

to find out

How much will Nick have to pay for the second claim

solution

we get first amount to be paid by insurance company and nick  is

amount to be paid by insurance company and nick  = $600 - $250

amount to be paid by insurance company and nick = $350

and

we know here 80% of $350  paid by insurance company

so paid by insurance company  = 80% of $350 = $280

and  paid by Nick = $350 - $280 = $70

so Limit available to co payment = $1000 - $70

Limit available to co payment = $930

so Nick  pay maximum $930

so correct option is d. $930

5 0
3 years ago
Which of the following serves as an incentive for entrepreneurs in a market economy?
hram777 [196]

Answer:

<em>Entrepreneurs are people who take the risks of organizing productive resources to make goods and services. Profit is an important incentive that leads entrepreneurs to accept the risks of business failure.</em>

7 0
2 years ago
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