Answer: evoked set
Explanation:
In simple words, evoked set refers to the collection of brands that initially comes in the mind of the consumer when he or she is willing to buy a product in market. These are the brands that are of high significance to the customer and that individual customer completely trust such brand.
Every producer in the market wants to be in the evoked set of the consumer as there is a high probability that customer will choose to buy their willing commodity form such a set. However, positioning in evoked set cannot be marked quickly as it depends on various factors such as duration, quality and price etc.
Another important objective of mass communication is to create public opinion on any national or international issue. Mass media attempts to create public opinion through providing their audiences with a realistic picture of the world, activities of the leaders, governmental politics
Answer:
The correct answer is option D.
Explanation:
The law of demand states that keeping other things constant there is an inverse relationship between quantity demanded and price.
According to the law of increasing marginal opportunity cost with each additional output the marginal opportunity cost to produce next unit of output increases.
While the law of supply states that keeping other things constant there is a direct relationship between price and quantity supplied.
According to the law of diminishing marginal utility, the marginal utility derived from the consumption of each additional unit of good keeps declining as more and more unit of goods is consumed.
So, option D is the correct answer.
Answer:
$450
Explanation:
Calculation for the total interest due on the maturity date
Using this formula
Total interest=(Amount borrowed × Percentage of promissory note ×1/2)
Let plug in the formula
Total interest =$10,000 x 0.09x 1/2
Total interest= $450
Therefore the total interest due on the maturity date will be $450
Answer:
NPV = $74,951.80
Explanation:
The net present value is the present value of after tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator:
Cash flow in year 0 = $700,000
Cash flow each year from 1 year 8 = $156,000
I = 12%
NPV = $74,951.80
To find the NPV using a financial calacutor:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
I hope my answer helps you