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victus00 [196]
4 years ago
5

As you consider your task, you reflect on the customer experience you are working to develop. You understand that products can b

e placed on a service-goods continuum with purely tangible goods and purely services as endpoints. To choose the best marketing tactics, you evaluate The Spa at Verdure's position on the continuum. Which classification most accurately represents The Spa's position on the service-goods continuum?
(A) Mostly a tangible good
(B) Purely a tangible good
(C) Mostly a service
(D) Purely a service
Business
1 answer:
PSYCHO15rus [73]4 years ago
6 0

Answer: Mostly a service

Explanation: In simple words, services refers to that exchange where no physical goods are transferred. In such an exchange, the service providers performs a job based on his skill in exchange of any monetary benefit.

In case of a spa, individuals get the massage from the employees and the employees get the salary and other such benefits.

Hence from the above we can conclude that the correct option is C.

You might be interested in
An entrepreneur quits a job where she was paid $75,000 to set up her own business. the new firm had sales revenue of $300,000 la
kirill115 [55]
Economic profits (or loss) is defined as the difference between revenues and the opportunity cost forgone. In the current case, the entrepreneur opted to start a business rather than being employed.

Therefore;
Economic profit = Revenues - Opportunity cost

In this problem;
Revenues = $300,000 - $150,000 - $25,000 - $25,000 = $100,000
Opportunity cost = $75,000

Therefore;
Economic profit = $100,000 - $75,000 = $25,000 
6 0
4 years ago
If all appraisal methods are appropriate for use in valuing a particular property, there is a clear order of preference that rea
olganol [36]

Answer:

D, sales comparison approach, income approach, cost approach

Explanation:

The cost approach of appraisal of real estate  is a method of valuation that is based on the belief that informed buyers of a property would not pay more than they would for a product of similar utility. But then the method of valuation expects a buyer to pay for a property the amount it would cost to build a similar property. Cost approach can be calculated by

Property Value = Land Value + (Cost New – Accumulated Depreciation).

Income approach of real estate appraisal is a method of valuation that establishes the fact that the fair value of a property should be calculated by the amount of money the property generates. It is calculated by dividing the net operating income by the capitalization rate.

Sales approach appraisal method is also a method of valuation of real estate that involves comparing a property that is up for sale with properties that has similar characteristics or features and that was sold recently. It uses the individual characteristics of the property to detrmine the value of the property.

Cheers.

5 0
3 years ago
Issued by corporations, these financial instruments give their holders a class ownership in a company. They are riskier than bon
hoa [83]
The answer is: Preferred stock
3 0
3 years ago
Charlie likes both apples and bananas. he consumes nothing else. the consumption bundle where charlie consumes xa bushels of app
Sunny_sXe [5.5K]

Answer:

the question is incomplete:

It happens that the set of consumption bundles  (xA,xB) such that Charlie is indifferent between (xA,xB) and (20,5) is the set of all bundles such that xB = 100/xA. The set of bundles (xA,xB) such that Charlie is just indifferent between (xA,xB) and the bundle (10,15) is the set of bundles such that xB =  150/xA.

I also found the attached graph.

The requirements are:

  1. Is (30,5) ≈ (10,15) true or false?
  2. Is (10,15) > (20,5) true or false?
  3. Is (20,5) ≥ (10,10) true or false?
  4. Is (24,4) ≥ (11,9.1) true or false?
  5. Is (11,14) > (2,49) true or false?
  6. A set is convex if for any two points in the set, the line segment between them is  also in the set. Is the set of bundles that Charlie weakly prefers to (20,5) a convex  set?
  7. Is the set of bundles that Charlie considers inferior to (20,5) a convex set?
  8. The slope of Charlie’s indifference curve through a point, (xA,xB), is known as his  ______________ ___ of ___________ at that point.
  9. Find Charlie’s marginal rate of substitution at the point (10,10).
  10. Find Charlie’s marginal rate of substitution at the point (5,20).
  11. Find Charlie’s marginal rate of substitution at the point (20,5).
  12. Do the indifference curves you have drawn for Charlie exhibit diminishing  marginal rates of substitution?

Answers:

  1. true, they are on the same red line
  2. true, (10,15) is on the red line while (20,5) is on the blue line
  3. true, they are equivalent since both are on the blue line
  4. false, (11,9.1) is on the blue line and (24,4) is on the red line
  5. true, (11,14) is on the red line while (2,29) is on the blue portion
  6. yes, it is a convex set
  7. no, they are not a convex set
  8. The slope of Charlie’s indifference curve through a point, (xA,xB), is known as his  <u>RATE</u> of <u>SUBSTITUTIO</u>N at that point.
  9. marginal rate of substitution at (10,10) = -10/10 = -1
  10. marginal rate of substitution at (5,20) = -20/5 = -4
  11. marginal rate of substitution at (20,5) = -5/20 = -1/4 = -0.25
  12. yes, this curves shows diminishing marginal rates of substitutions, e.g. goes from -4 to -1 to -0.25

3 0
3 years ago
Marge has applied to at a roofing firm for a job as a roofer during school vacation because the pay is very good. Roofing is con
djverab [1.8K]

Answer:

18 years old

Explanation:

The FLSA which is the Fair Labour Standard Act, is a US labour law that regulates minimum pay, overtime pay guideline, record keeping, youth employment and so on intended to protect employees from certain unfair pay and work practices and regulations. According to the fair labour standard act, given that status of the work and how hazardous it is in this scenario, an individual must be atleast 18 years old before he/she can be considered for employment.

6 0
3 years ago
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