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JulsSmile [24]
3 years ago
14

The selling price of a product is $8,000. The cost and hassle involved in buying the product is $175. The benefit received from

the product to a buyer is labelled "A." The seller's profit is $400. In this case, which of the following equations will accurately calculate the buyer's value?
Business
1 answer:
Rainbow [258]3 years ago
4 0

Answer:

These are the options for the question:

a) A + $8,000

b) $8,000 + $400

c) $8,000 - A

d) A-($8,000 + $175)

e) (A + 400) - ($175)

And this is the correct answer:

d) A-($8,000 + $175)

Explanation:

The buyer's value is the total value that a consumer obtains from a product after substracting the purchase cost, and the cost of the personal effort involved in obtaining the product.

The formula is:

Buyer's Value = Benefit Received - (Selling Price + Cost of Effort to Purchase)

If we plug the amounts into the formula we obtain the correct option:

Buyer's Value = A - ($8,000 + $175)

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The Gap company caters to the needs of men and women by manufacturing three different lines of fashion-wear based on the purchas
Wittaler [7]

Answer: demographic

Explanation:

Demography simply has to do with population study. From the question, we are informed that The Gap company caters to the needs of men and women by manufacturing three different lines of fashion-wear based on the purchasing power of its customers.

This shows that Gap most likely segments the consumer market based on demographic variables.

3 0
3 years ago
You work as an assistant coach on the university basketball team and earn $13 per hour. One day, you decide to skip the hour-lon
Alekssandra [29.7K]

Answer:

total cost =  $22

Explanation:

given data

assistant coach earn = $13 per hour

admission fee = $9

solution

we get here total cost of skipping practice and going to the carnival is express as

total cost = assistant coach earning + admission fee    .....................1

because here he losses a hour in work  and additionally spending in carnival

so now put here value in equation 1 we get

total cost = $13 + $9

total cost =  $22

5 0
3 years ago
Jane has a 30% interest in a cash-basis general partnership. Her adjusted basis in the partnership was $50,000 at the beginning
yulyashka [42]

Answer:

30000

Explanation:

because I was a people that wice

3 0
3 years ago
Illinois Company is attempting to develop the cost function for repair costs. The following past data are available: Machine Hou
Harlamova29_29 [7]

Answer:

$480

Explanation:

Data provided in the question:

Machine              Hours Repair Costs

2,400                       $6,385

1,200                        $3,480

2,000                       $5,285

3,400                       $8,980

Now,

                       Machine              Hours Repair Costs

Highest             3,400                       $8,980

Lowest              1,200                        $3,480

Difference        2,200                       $5,500

Unit variable cost =  $5,500 ÷ 2,200

= $2.5

Total cost at high level = $8,980

Machine hours highest level = 3,400

Also,

Total cost at high level = Fixed cost + Variable cost at highest level

or

$8,980 = Fixed cost + [ $2.5 × 3,400 ]

or

Fixed cost = $8,980 -  [ $2.5 × 3,400 ]

= $8,980 - $8,500

= $480

7 0
3 years ago
Which is the last step in making a personal budget?
OlgaM077 [116]
The last step in making a personal budget is to reduce expenses in flexible categories. The correct option among all the options given in the question is option "B". Under normal circumstances, a person cannot make the adding up all sources of income as the last step. Then the expenses will not get added. The flexible expenses are expenses that can always be reduce or are not important expenses. The basis of making the budget is to reduce those unnecessary expenses. So the last step should always be to find ways to reduce the flexible or unwanted expenses.
4 0
3 years ago
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