Gabby is in the stage of INFORMATION SEARCH of the consumer decision process.
Consumer decision process is the decision making process that is used by the consumers to make market transactions before, during and after the purchase of a good or service. Consumer decision process is divided into 5 stages, which are: problem identification, information search, evaluation of alternatives, purchase decisions and post purchase decisions.
C. The decisions made by producers and consumers drive all economic choices.
Answer:
effectiveness
Explanation:
SmartToy has proven in this new toy line its effectiveness, as it has proven its ability to reach the desired result with a great success degree. The new IA was a bet, and a risky one. However, betting on a new technology raised that toyline quality to a new level and resulted in so much success in the market that the market share increases fivefold. That alone corroborates the company's effectiveness.
Answer:
3. Investing is riskier than putting money in a savings accounts.
Explanation:
Investing involves putting money in profits generating ventures. It is risky because the money invested may be lost should the venture make losses instead of profits. Investments activities include buying of shares and other marketable securities or starting and operating a business. Should the business or investment do well, the returns or profits can be attractive.
Saving is putting money aside for future consumption. Saving may be done through savings accounts that as safe and secure. Money saved is risk-free. The possibility of losing it is very minimal. Because money saved is kept safe, it does not generate much income for the owner.
Answer:
D. If Hazel sells the chocolate fountain for $3,300, she will have a $1,500 capital gain.
Explanation:
I´m assuming that Hazel is a person that owns this event planning company.
The current book value of the chocolate fountain = purchase cost - accumulated depreciation = $3,000 - $1,200 = $1,800
If the chocolate fountain (or any asset) is sold at a higher price than book value, then a capital gain must be recognized. If the chocolate fountain is sold at a lower price than book value, then a capital loss should be recognized.
$3,300 (selling price) - $1,800 (book value) = $1,500 capital gain
