Answer:
consumers are now willing to purchase more of this product at each possible price.
Explanation:
When the demand for a good or service increases, it means that consumers are buying more. In this case, according to the law of supply and demand, increasing demand will decrease inventories of good and will make it scarcer, increasing the price.
Answer:
Emotional Processing and Emotional Expression
Explanation:
In order to respond to emotional situations, two approaches are involved in approach-oriented emotion-focused coping:
<em>i) Emotional processing: </em>reflects how individuals process stress related events and move past them. In the event of re-occurrence of the events, the individuals will not be as disrupted as when the instance first occurred.
<em>ii) Emotional expression: </em>entails communicating and sharing emotions expressly i.e. whether verbally or non-verbally. Expressive writing on emotional disclosure e.g by use of journals, is known to help individuals to overcome previous depressive symptoms.
An example of <u>possession</u> utility involves intermediaries shipping goods to buyers of a product.
Possession utility speaks to the actual act of product possession — which includes consumers riding a new automobile off the lot or having furniture added to their domestic. It also highlights the connection between ownership and purpose.
There are 4 one-of-a-kind forms of software: form application, place utility, time software, and ownership application. The quantity to which those utilities affect buy choices depends on the individual.
Ownership utility is the value derived from a product that incorporates the whole possession utility of the product with a preference to apply the product right now and for any motive.
Learn more about the possession utility here brainly.com/question/14898098
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Which of the following best explains what the profit motive pushes producers to do?<span>
Answer:
Minimize costs and maximize revenue</span>
Answer:
See
Explanation:
1. Break even point in units
= Fixed cost / Selling price per unit - Variable cost per unit
Given that
Fixed cost = $600,000
Selling price per unit = $375
Variable cost per unit = $300
Break even point in units = $600,000 / ($375 - $300)
= $600,000 / $75
= 8,000 units
2. Break even in sales
= Fixed cost / Selling price unit - Variable cost per unit × Selling price per unit.
=[ $600,000 / ($375 - $300) ] × $375
= 8,000 × $375
= $3,000,000
