Answer:
A: Laggards.
Explanation:
- Willingness of customers to try out new products.
There are 5 types of adapters, identified by Sociologist Evrett Roger in 1962:
- Laggards.
- Early adopters.
- Early majority.
- Category captains.
- Late majority.
Laggards: These are those customers who adopt to new ways slowly, after those ways would have become normal for the world.
- Such as malik realized the essential need for laptop lately, however the market was filled with the product.
Answer:
$3,585
Explanation:
The computation under the FIFO method is shown below:
The total purchase units equal to
= 10 units + 25 units + 30 units + 15 units
= 80 units
Out of 80 units, the 25 units are sold, so the remaining 55 units are come under the ending inventory. The classification is shown below:
10 units at $60 = $600
25 units at $65 = $1,625
20 units at $68 = $1,360
So, the total would be
= $600 + $1,625 + $1,360
= $3,585
Answer:
B. Lower GDP
Explanation:
GDP (Gross Domestic product) represent the monetary value of all goods and services that produced in a country within a specific year.
GDP is calculated with this formula : GDP = C + I + G + (X – M)
C : The amount of private consumption
I : Investment
G : Government spending
X : Export spending
M: Import spending
As you can see, M is the only one with (-) value . Which mean that if M is increased, the total amount of GDP will be decreased.
Answer:
Inelastic
Explanation:
Price elasticity of demand (PED) is the proportional change in quantity demanded of a good or service if the price changes by 1%. The PED is calculated by dividing the percentage change in quantity demanded by the negative percentage change in price.
PED = 37% / -25% = -1.48 inelastic
If PED > 1, elastic demand
If PED < 1, inelastic demand
If PED = 1, unitary demand
