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Gekata [30.6K]
4 years ago
15

Tony notes that an electronics store is offering a flat $20 off all prices in the store. Tony reasons that if he wants to buy so

mething with a price of $50, then it is a good offer, but if he wants to buy something with a price of $500, then it is not a good offer. This is an example of
Business
1 answer:
Alexeev081 [22]4 years ago
3 0

Answer:

A. inconsistent reasoning; saving $20 is saving $20

Explanation:

As it is mentioned in the question that the electronic store offering a flat $20 off for all prices in the store

Now if Tony chooses with a price of $50 so it would be good offer but for $500 it won't be a good offer as if he invested large value of amount and in return he gets only $20 off which is not a good deal of course.

Therefore this given situation sets an example for inconsistent reasonings

Hence, the correct option is A.

You might be interested in
Large firms with multiple offerings in a particular product category engage in ________ targeting strategies to obtain a bigger
GenaCL600 [577]

Answer:

Large firms with multiple offerings in a particular product category engage in <u>differentiated</u> targeting strategies to obtain a bigger share of the market.

Explanation:

Differentiated targeting strategies are used to deliver messages that target different segments of the market. These strategies focus on a specific customer profile that is interested in buying a certain type of product, which helps a company to build their customer base and grow.

So, large firms with multiple offerings in a particular product category can develop differentiated targeting strategies where they will focus each product on a specific customer profile which will allow them to have niche markets for each one and like that get a bigger share of the market.

8 0
3 years ago
Prepare a flexible budget for Cedar Jeans Company using production levels of 16,000, 18,000, and 20,000 units produced. The foll
Svetlanka [38]

Answer:

Results are below.

Explanation:

<u>Giving the following information: </u>

<u></u>

Total unitary variable cost= $16.5

Total fixed costs= $116,000

<u>Now, the flexible budget for each production level:</u>

<u>16,000 units:</u>

Total variable cost= 16.5*16,000= 264,000

Total fixed cost= 116,000

Total costs= $380,000

<u>18,000 units:</u>

Total variable cost= 16.5*18,000= 297,000

Total fixed cost= 116,000

Total costs= $413,000

<u>20,000 units:</u>

Total variable cost= 16.5*20,000= 330,000

Total fixed cost= 116,000

Total costs= $446,000

8 0
3 years ago
Greene Sisters has a DSO of 20 days. The company’s average daily sales are $20,000. What is the level of its accounts receivable
pav-90 [236]

Answer: $400,000

Explanation:

Days Sales Outstanding is used by a firm to estimate the amount of its accounts receivable.

DSO (Days Sales Outstanding) = Accounts Receivables/Average Sales per day

Where DSO= 20 days

Average sales per day= $20,000

Accounts receivable (AR) =?

20=AR/20000

Cross multiply to make AR the subject of the formula

Accounts Receivables = 20 x 20000

AR=$400,000.

3 0
3 years ago
Suppose a piece of equipment cost $35,000 and has accumulated depreciation of $10,000. It is sold for $15,000 cash. What is the
Elodia [21]

The amount of the journal entry are as follows:-

Cash                                           $15000

Accumulated Depreciation         $10000

Equipment cost                         $35000

Loss on sale                               $10000

<h3>What is Depreciation?</h3>

An asset loses value over time as a result of use, damage, or obsolescence. Depreciation is the measurement for this decline.

The complete solution is attached below.

Depreciation, or a decline in asset value, can be brought on by a variety of other variables, such as bad market conditions, etc.

Thus the journal entry credit amount is Equipment cost $35000 and Debit amount of the journal entry are Cash $15000 Accumulated Depreciation $10000 and Loss on sale $10000.

Learn more about Depreciation here:

brainly.com/question/15085933

#SPJ1

3 0
2 years ago
General Motors increases the price of a model car produced exclusively for export to Europe. Which U.S. price index is affected?
alexira [117]

Answer: The GDP deflator

Explanation: The GDP(gross domestic product) deflator is a price index that is used to measure the prices of all the goods and services produced within an economy. The cars which are exported by General Motors are produced domestically within the United States of America and exported outside the country.

Any goods produced externally are not considered when determining the GDP deflator.

4 0
3 years ago
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