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Over [174]
4 years ago
15

Cedric is checking out at the grocery store with his weekly meals. There are three people in front of him, so he scans the magaz

ine racks next to him. He sees the gum and candy bars next to the magazines and remembers that he has run out of his favorite gum, Big Red. There are a variety of other gums he could buy, but Cedric likes the intense cinnamon flavor of Big Red. He grabs a couple of packs of Big Red and purchases them with his other items. The Big Red marketing team has met Cedric's needs and wants and provided a convenient way for him to enact which part of the consumer decision-making process?
Business
1 answer:
Burka [1]4 years ago
3 0

Answer:The Big Red marketing team has met Cedric's needs and wants and provided a convenient way for him to enact <u>purchase decision</u> part of the consumer decision-making process

<u>Explanation:</u>

The purchase decision starts with a need. If we need to buy something then identifying that need leads to purchase decisions. After identifying the need we lookout for available options that are available to satisfy our needs and then we will select the product or brand.

Cedric wanted to buy Big red gums and the company has many other gums also. He made a purchase decision by buying his favorite big red gum out of other options available.

You might be interested in
A depreciation method that allocates depreciation of a plant asset based on the Tax Act of 1989 is the _____ method.
pishuonlain [190]

<u>Answer:</u> MACRS

<u>Explanation:</u>

This is the Modified Accelerated Cost Recovery System of Depreciation (MACRS) that is modified as per the Tax bill of 1989. There is no salvage value in this method. Both straight line method of depreciation and accelerated  method of depreciation is used under MACRS.

Assumptions are taken such as half year, mid year or mid month when the assets are disposed. Assets classes are given which shows the number of years of depreciation for particular assets.

7 0
3 years ago
suppose that the marginal benefit per dollar spent on bicycles exceeds the marginal benefit per dollar spent on skateboards. the
torisob [31]

More bicycles and fewer skateboards.

For example, consumers are willing to pay $5 for ice cream, so the marginal utility of eating ice cream is $5. However, consumers may be significantly less willing to buy additional ice cream at that price and will be tempted to buy another ice cream just by spending $2.

Limit Utility is the maximum amount a consumer will pay for an additional good or service. In general, marginal utility decreases as consumption increases. The marginal cost of production is the change in the cost of producing additional units of goods or services.

In general, marginal utility decreases as consumption increases. When consumers are willing to pay more for goods and services than the market price, this is known as consumer surplus. The marginal utility of some commodities such as B. Medications does not decrease over time.

Learn more about skateboards here;

brainly.com/question/1493930

#SPJ4

4 0
2 years ago
Đặc điểm sản phẩm tác động tới việc lựa chọn phương thức thâm nhập thị trường thế giới của
xz_007 [3.2K]
Language please. : (
3 0
3 years ago
Read 2 more answers
John looks at his budget and notices that, because of additional expenses this month, he will be unable to pay all of his bills.
jasenka [17]
I would say an overdraft. As overdraft facility allows the facility holder to withdraw money from the account despite having no balance. There is a limit on the amount that can be overdrawn from the account. The overdraft limit is usually set by the bank basis the amount of working capital, creditworthiness of borrower and security offered by borrower.

I've also provided some advantages and disadvantages for using a overdraft.


I hope it helped you!

6 0
3 years ago
Read 2 more answers
Angara Corporation uses activity-based costing to determine product costs for external financial reports. The company has provid
GREYUIT [131]

Answer:

d. $611,100

Explanation:

The computation of the total amount of overhead cost is shown below:

= (Machine related cost ÷ Total machine related cost of product X × Machine related of product X) + (Batch setup cost ÷ Total machine related cost of product X × Machine related of product X) + (General factory cost ÷ total general factory cost of product X × general factory of product X)

= ($362,600 ÷ 14,000 × 6,000) + ($421,500 ÷ 15,000 × 12,000) + ($308,100 ÷ 13,000 × 5,000)

= $155,400 + $337,200 + $118,500

= $611,100

6 0
3 years ago
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