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Ilia_Sergeevich [38]
3 years ago
6

The selling concept is typically practiced with ________.A) industrial productsB) unsought goodsC) specialty productsD) convenie

nce products
Business
1 answer:
zvonat [6]3 years ago
7 0

Answer:

B) unsought goods

Explanation:

The selling concept -

The concept of selling tells that the consumers will not buy enough any  product of any firm unless and until  it undergoes some  large - scale selling and promotional efforts .

This concept is used for unsought goods , the goods  those which the buyers do not normally think of buying , example insurance .

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Sam's business will cost $49,500 to set up and run for the first year. Sam then expects an annual operational expense total of $
BabaBlast [244]

Answer:

Within 2 years

Explanation:

1st year of Sam's business:

Operational expense = $30,500

Profit = $45,000

Business set up costs = $49,500

Overall business profit (Loss) = $(4,500)

2nd Year of Sam's business:

Since the profit will be increased by 5.5%, the new profit after operational expenses will be $45,000 + $(45,000 x 5.5%) = $47,475

Therefore, the overall profit = Last year's loss + This year's profit = $(-4,500+47,475) = $42,975

Therefore, he can achieve the overall profit within 2 years' of operation.

4 0
3 years ago
A factory costs $400,000. It will produce an inflow after operating costs of $100 000 in year 1. $ 200,000 in year 2, and $ 300,
Delvig [45]

Answer:

NPV = $62,258.56

Explanation:

initial outlay year 0 = $400,000

cash inflow year 1 = $100,000

cash inflow year 2 = $200,000

cash inflow year 3 = $300,000

discount rate = 12%

using a financial calculator, NPV = $62,258.56

if you do it by hand:

NPV = -$400,000 + $100,000/1.12 + $200,000/1.12² + $300,000/1.12³ = -$400,000 + $89,285.71 + $159,438.78 + $213,534.07 = $62,258.56

3 0
3 years ago
The amount of a product that people are willing and able to purchase at a specific price is referred to as the:
12345 [234]
<span>The amount of a product that people are willing and able to purchase at a specific price is referred to as </span>demand.
8 0
3 years ago
The price of food is rising fast! how might this situation be handled in a…
Pani-rosa [81]
A free market economy is when the prices of supply and demand are free from the government. Meaning they can charge whatever they want and the government has to say. So answering your question they can just charge less if they felt like it since they have free reins of the prices.

A command economy is the opposite whereas supply and demand prices are determined by the government and the government only. The government would probably not change the prices because the government sucks.

(A mixed economy is the best way to achieve that)

4 0
3 years ago
Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%. What is the investm
zmey [24]

Answer: 0.67

Explanation:

From the question, we are informed that Levine Inc. is considering an investment that has an expected return of 15% and a standard deviation of 10%.

The investment's coefficient of variation will be the standard deviation divided by the expected return. This will be:

= 10/15

= 0.67

3 0
3 years ago
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