3 years ago

What are the four types of consumer goods?

2 answers:

6 0

1. shopping products 2. speciality products 3. unsought products 4.<span>Convenience products. Among the four types of consumer products, the convenience product is bought most frequently. </span>

REY [17]3 years ago

3 0

1. shopping products 2. speciality products 3. unsought products 4.Convenience products. Among the four types of consumer products, the convenience product is bought most frequently.

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A manufacturing company has annual sales of $180,000 and inventory of $40,000. The inventory turnover ratio for the company is _

NISA [10]

Answer:

4.5

Explanation:

Inventory refers to the goods that a company has in its stock. Inventory includes raw materials and finished goods sold by the company.

Inventory turnover refers to the number of times a company sells and replaces its inventory during a given period.

Annual sales of a manufacturing company $=\$180,000$

Inventory $=\$40,000$

Inventory turnover ratio for the company = Sales/Inventory

$=\frac{180,000}{40,000} =4.5$

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2 years ago

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Answer:

The solution is given in the table file attached below

Explanation:

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2 years ago

How fast does q 500 Hz wave travel if its wavelength is 0.5m

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Where v is velocity/speed

f is frequency

and lambda is wavelength

v=(500)(0.5)= 250 m/s

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2 years ago

Sonic Corp. manufactures ski and snowboarding equipment. It has estimated that this year there will be substantial growth in its

Ne4ueva [31]

the answer is expansion. but im not sure A or B

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Suppose your firm has a marginal revenue given by the equation MR = 10 - Q where Q is the quantity produced and sold. This means

KonstantinChe [14]

Answer:

The answer is: A) When the marginal cost of producing an additional unit equals the marginal revenue from that unit.

Explanation:

In economics, we assume that a company´s main goal is to maximize its profit. In order for any company do to this, the marginal cost (MC) of producing an extra unit of production must equal the marginal revenue (MR) obtained by selling that extra unit of production.

Theoretically, in perfect market conditions, MR=MC in the equilibrium point between quantity supplied and quantity demanded. But on real world conditions elasticity of both demand and supply alter the curves.

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2 years ago