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PtichkaEL [24]
4 years ago
11

While making purchase decisions, which of the following products is most likely to elicit the greatest reference group influence

?
A) A car.
B) A medicine.
C) An award-winning novel.
D) A toothbrush.
Business
1 answer:
Iteru [2.4K]4 years ago
3 0

Answer: a car

Explanation:

While making purchase decisions, the product that is most likely to elicit the greatest reference group influence will be a car.

This because when an individual has a car, other people see the person and use that as a reference group. It should also be noted that a good thatbis considered public good has a strong influence group.

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You decide to put $2,000 in a savings account to save for a $3,000 down payment on a new car. If the account has an interest rat
Rashid [163]

The correct statement is that it will take 10.155 years to accumulate $3000 on an initial investment of $2000 for the down payment of the car. Future value will be calculated for this purpose. The correct option is C.

The computation will be done by calculating the future value by the way of applying the given information to the formula of calculation of future value of the deposit. We are using an optional method for this calculation.

<h3>Calculation of future value </h3>

  • The future value of an annuity deposit can be calculated by using the formula given below and applying the values given to us in the information regarding the deposit,

  • \rm Future\ Value\ of\ Annuity= 2000(1+ \dfrac{0.04}{12})^1^2 ^x^1^0^.^1^5^5\\\\\rm Future\ Value\ of\ Annuity=\$2999.58

  • So, it can be concluded that it will take about 10 years for the amount to become $3000 at the rate of 4 percent.

Hence, the correct option using the substitution method of future value  is C that it will take 10.155 years for the amount to become $3000 over an annual interest rate of 4 percent compounded monthly.

Learn more about future value here:

brainly.com/question/1759639

5 0
3 years ago
NeNe is an accountant and a U.S. citizen who has accepted a permanent position in Madrid, Spain, for a Spanish financial service
s2008m [1.1K]

Question options:

a) NeNe can exclude all of the housing payment because she worked more than 330 days overseas

b) 16,128

c) 23,872

d) 14,112

e) None of her salary can be excluded from gross income

Answer:

a) NeNe can exclude all of the housing payment because she worked more than 330 days overseas

Explanation:

US citizens working and living abroad would still have to remit taxes to the US, albeit with exclusions.

Under US tax law, IRS states that US citizens may deduct/exclude the value of meal and lodging expenses granted to them by the employer. Under the foreign housing exclusion, Nene qualifies for the benefits of housing exclusion because she has a foreign earned income and has lived at least 330 days within a period of 12 consecutive months in the foreign country.

4 0
3 years ago
Yummy Bakery is considering the purchase of 3 wheat farms, located in KS, ND, and WA. The wheat production and costs of these fa
tresset_1 [31]

Answer: Min 5KS+6ND+8WA

Explanation:

For the objective function to be formulated, we have to minimize the cost. For this to be done, the capacity constraint which is given in the question as 22000 ton/year has to be satisfied.

For this question, the objective function will be to minimize 5KS + 6ND + 8WA. It should be noted that KS, ND and WA in this context are binary variables where 0 represents non-selected farm and 1 represents selected farm.

6 0
4 years ago
How can a focus on ad copy affect paid search results and what are its implications related to the buyer journey
Dmitry_Shevchenko [17]

The way a<em> focus on ad copy</em> can affect paid search results and its <em>implications </em>related to the buyer journey is:

  • It can effectively persuade a target audience or customer to take action as quickly as possible.

<h3>Advertisement</h3>

This refers to the marketing of goods or services which is meant to persuade a person to make a purchase.

<h3>What is Ad Copy?</h3>

This refers to the specific content which is targeted to the reader so that he can take action and make purchase and this is popularly called copywriting.

This helps the advertising company to make very targeted ads which are very persuasive to generate sales and these would make the customer to take action and make a purchase as quickly as possible.


Read more about advertising here:
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7 0
2 years ago
You receive a check for $50 from your Aunt Louise for your birthday. You go to an ATM to deposit the check into your checking ac
Nikitich [7]

Answer:

I think it's 3 but i don't know for sure also can you give me brainlist if I'm right please I really need it

4 0
3 years ago
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