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konstantin123 [22]
3 years ago
14

For most people, the purchase of a Ford automobile would employ which type of consumer decision making? a.Generic decision makin

g b.Extended decision making c.Routinized decision making d.Limited decision making e.Impulse buying Due to the high risk of financial loss of future purchasing power, for most people, automobiles have _____. a.routinized involvement b.low involvement c.extensive involvement d.enduring involvement e.situational involvement
Business
1 answer:
sashaice [31]3 years ago
8 0

Answer:

1. B

2. E

Explanation:

1. Consumer or buyers use the extended decision making as it is that decision making which involves high level of the purchase involvement, extensive internal and the extensive information search with complex evaluation of the alternatives. In case of automobiles, buyers will choose the extended decision making as it is expensive, infrequently purchased products.

2. As there is involvement of high risk of financial loss in the future purchasing power, for people or consumer, the automobiles have the situational involvement, it is the short term state which directs towards the attaching relevance of a situation or person. In other words, it is an state where, it establish a level of involvement when a consumer or person think of a specific situation or object.

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Douglas can afford 240$ a month for five years for a car loan. If the APR is 8.5%, how much can he afford to borrow to purchase
SVETLANKA909090 [29]

Answer:

Douglas can afford 21697.88 to borrow to purchase a car.

Explanation:

As the formula for calculating present value is given as:

PV = PMT * ( (1-(1+r)^-n) / r )

As Douglas can afford 240$ a month for five years for a car loan so

it means that payment = 240 $

As the APR is 8.5% which means after dividing by 12 the rate per month = 8.5%/12

Total number of Months = 5*12

Total number of Months = 60

Putting these values into the above formula, we get

PV = PMT * ( (1-(1+r)^-n) / r )

PV = 240 * ( (1-(1+8.5%/12)^-60) / (8.5%/12) )

PV = 11697.88

As the down payment = 10,000 so the total value of car

= 11697.88+10000

= 21697.88

Douglas can afford 21697.88 to borrow to purchase a car.

8 0
3 years ago
EB7.
egoroff_w [7]

Answer:

$4,228,125

Explanation:

The computation of the included amount is shown below:

= Estimated production in a next year × required direct labor per hour × labor rate per hour

= 75,000 units × 4.1 hours × $13.75 per hour

= $4,228,125

We simply multiplied the estimated production with the required direct labor per hour and the labor rate per hour so that the estimated value can arrive

5 0
3 years ago
Consider a family who borrows $250,000 to purchase a new home at a fixed interest rate of 8.5%. If inflation increases from 4% t
vitfil [10]

The home loan must be repaid at a real interest rate of 3%; (8.5%-5.5%=3%).

<h3>Real interest rate </h3>

A real interest rate is adjusted to remove the effects of inflation and gives the real rate of a bond or loan. A nominal interest rate refers to the interest rate before taking inflation into account.

Learn more about real interest rate here:

brainly.com/question/13324776

#SPJ4

3 0
2 years ago
Khandi gives a presentation to advocate that her employer, Let-Us Ltd., which offers services such as personal shopping and even
Sladkaya [172]

Answer:

A). She cites a personal services company in another city that increased its business by adding dog walking to its services.

Explanation:

PREP method is demonstrated as the effective method or approach of presentation or speech that consists of four steps: 'P stands for 'point'(statement of claim), 'R stands for 'reasons'(explanation of the point), 'E stands for 'examples or evidence'(to support the claim), and lastly, 'P stands for point('justification and restatement of the claim').

According to this method, option A i.e. 'She cites a personal services company in another city that increased its business by adding dog walking to its services' reflects the third step that Khandi uses for her presentation. <u>This citation would not only support her claim but also establish the credibility of her claim</u> while the next step would prove how her claim is justified. Thus, <u>option A</u> is the correct answer.

7 0
3 years ago
Harmony Company sells handminusknit scarves. Each scarf sells for $ 45. The company pays $ 70 to rent vending space for one day.
choli [55]

Answer:

2.12, rounded up to 3

Explanation:

To solve the equation, we first need to set up an equation.

Let x represent the number of scarves. We want one side of the equation to be the amount earned and the other to be the cost

45x is how much they earn since each scarf is $45

70+12x is how much they cost for rent and production

45x=70+12x

Subtract 12x from both sides

33x=70

Divide both sides by 33

x=2.12

It says we should round up so 3 scarves to break even

5 0
3 years ago
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