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laiz [17]
3 years ago
8

Mark avoids high-end brands as he considers them expensive. However, during one of his shopping trips, he notices that a luxury

cologne is being sold at a slightly lower price. He buys this cologne even though he has to pay more than he usually does for a regular bottle of cologne. Which of the following has most likely influenced Mark's buying behavior?
Business
1 answer:
balandron [24]3 years ago
8 0

Answer:

<em>Just Meaningful Difference </em>

Explanation:

The Just meaningful difference , or simply JMD, Symbolizes the slightest amount of stimulation shift which would impact consumption and preference of consumers.

Example will include, when a price of a can of soda increases slightly from $2.36 to $3.28

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Yellow-dog contracts A. give workers the right to be represented by a union. B. give a non-union worker the right to enjoy union
mario62 [17]

Answer:

The correct answers is: Give firms the right to require a worker not to join a union as a condition of employment.

Explanation:

A Yellow-dog contract <u>is an illegal contract that contains employment agreements with the condition that workers could not join labor unions or if they were already in a union, they had to resign their memberships or lose their jobs.</u>

It was believed that employers and their workers should be free to negotiate labor agreements between themselves without interference from the government.

Employers challenged labor union opposition to yellow dog contracts by asserting that the agreements were negotiable and workers were not forced to sign them. According to the unions, few workers who refused to sign the anti-union employment agreements were hired.

<u>In the year 1932, the labor unions managed to get Congress to pass legislation, outlawing yellow dog contracts.</u>

8 0
4 years ago
The Uniform Commercial Code was written to achieve consistency in?
sveta [45]
To provide consistency in the states
3 0
4 years ago
Which sentence best completes the diagram?
Ivanshal [37]

Answer:

C. Prices in the country Increase

Explanation:

Inflation describes the general increase in prices in a country over time. Prices tend to rise with the increase in economic growth. A high economic growth rate implies that prices will increase at a high rate.

The Inflation rate is measured by assessing changes in the prices of products and services representing people's consumption. A rise in the inflation rate indicates a general increase in prices.

6 0
3 years ago
In a competitive market with identical firms, A. firms cannot earn positive economic profit in either the short run or long run.
Ksenya-84 [330]

Answer:

The answer is C.

Explanation:

In a competitive market, all firms produce identical goods and services. No firm or seller can influence the prevailing market price. To increase their revenue, firms must increase their outputs.

In this industry, firms make economic profit(revenue minus accounting cost minus implicit cost) in the short run but this economic profit reduces to zero in the long run because more firms that are attracted by the short run profit can enter the industry freely. Firms can also exit with little or no cost.

4 0
3 years ago
The following companies and scenarios are fictional. In each case, you are to demonstrate graphically the change in the model an
SashulF [63]

Answer:

The fact that Becky Bongos sales are falling continually even though they keep decreasing the price shows that <em>the underlying problem is not as a result of the customers' dissatisfaction with price</em>. The underlying problem can be any <em>other factors like not paying attention to customers' needs, poor quality of the commodity, lack of proper marketing, and the presence of a superior competition</em>. The solution is not the reduction of price but rather, a closer look should be paid to these other factors.

7 0
3 years ago
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