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shtirl [24]
3 years ago
15

Becky’s daughter was in the sixth grade and growing very fast. In early fall, her daughter tried on her soccer cleats from the s

pring and, although they were still in good shape, she could barely fit her foot inside. Becky knew she’d need to get her a new pair; she had just begun the
Business
1 answer:
olga nikolaevna [1]3 years ago
5 0

Answer:

Purchase decision process

Explanation:

A purchase decision process is defined as the thought process that goes into buying a certain product. This thought process include the buyer identifying a need, creating options, seeing different brands and then finally buying the product.

Purchase decision could be either minor or major. Purchasing things like tea, toothpaste, etc require minor decision processes while buying a house or piece of land involves major decision processes.

As in the question, Becky now has to under purchase decision process as to buying soccer cleats for her daughter. This decision will involve buying a brand that won't shrink as a result of weather changes or wear out easily, etc

I hope this helps.

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Suppose that the market demand for 32-oz. wide mouth Nalgene bottles is Q = 50,000p^-1.076, where Q is the quantity of bottles p
Natasha_Volkova [10]

Answer:

Equilibrium price and quantity

$6.44 and 6768

Consumer surplus

$571,081

Producer Surplus

$5,288

Explanation:

In this question, we are asked to calculate equilibrium price and quantity, consumer surplus and producer surplus.

Please check attachment for complete solution and step by step explanation

4 0
4 years ago
Red Mountain, Inc. bonds have a face value of $1,000. The bonds carry a 7 percent coupon, pay interest semiannual, and mature in
olganol [36]

Answer:

R = 7% x $1,000 = $70

Po= R/2(1-(1+Kd/m)-nm/Kd/m + FV/(1+Kd/m)nm

Po = 70/2(1-(1+0.0682/2)-13.5x2/0.0682/2 + 1,000/(1+0.0682/2)13.5x2

Po = 35(1-(1+0.0341)-27/0.0341 + 1000/(1+0.0341)27

Po = 35(17.4663) + 1,000/2.4728

Po = $611.3205 + $404.40

Po = $1,015.72

The correct answer is C

Explanation:

The current price of a bond is equal to present value of coupon plus the present value of face value of the bond. The bond pays semi-annual interest, thus, we will divide the coupon by 2 and then determine the present value. The bond yield will also be divided by 2.

Po = Current price of the bond, R = Coupon, Kd = Bond yield, FV = Face value, n = Bond maturity and m = No of times coupon is paid in a year

4 0
3 years ago
I.       What is meant by derive demand?  a. The demand is derived in beginning economic classes.
iogann1982 [59]

Answer:

D is the answer ( The demand for a resources is derived from the demand for what it can produce.​)

Explanation:

4 0
3 years ago
Sunshine's Organic Market sells organic produce. Assume that labor is the only input that varies for the firm. The store manager
Varvara68 [4.7K]

Answer:

The 14th worker will need to increase sales by 20 pounds  for a total of 390 pounds

Explanation:

The worker cost is $80

To make a profit the company will need sales for at least that amount:

$80 wages per day / $4 earnings per pound = 20 pounds

in total sales would need to be 370 + 20 = 390 pounds

8 0
4 years ago
the idea that people like to save more money at higher interest rates and do not like saving as much money at lower interest rat
IRISSAK [1]

The idea that people like to save more money at higher interest rates and do not like saving as much money at lower interest rates results in a upward sloping supply curve in the loanable funds market.

Interest is charge from a borrower or deposit-taking monetary institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate. it is wonderful from a rate which the borrower may additionally pay the lender or some 1/3 birthday party.

Interest is the rate you pay to borrow cash or the price you rate to lend cash. interest is most usually reflected as an annual percentage of the amount of a loan. This percent is called the hobby fee on the mortgage.

Learn more about interest here:brainly.com/question/2294792
#SPJ4

7 0
1 year ago
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