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oksian1 [2.3K]
2 years ago
15

There are several reasons why a consumer might be reluctant to adopt a new product. For example, a consumer might be reluctant t

o adopt a new product because of a usage barrier, which occurs when __________.
A. there is no incentive to change
B. there are physical, economic, or social risks
C. there are cultural differences
D. the financial commitment is too great
E. the product is not compatible with existing habits
Business
2 answers:
Sophie [7]2 years ago
6 0

Answer:

E. the product is not compatible with existing habits

Explanation:

There are several reasons why a consumer might be reluctant to adopt a new product. For example, a consumer might be reluctant to adopt a new product because of a usage barrier, which occurs when the product is not compatible with existing habits.

ASHA 777 [7]2 years ago
5 0

Answer:

E. the product is not compatible with existing habits

Explanation:

Looking for a greater sale of our products, sometimes we embark on monumental battles, trying to modify the way customers see the world.

However, experience indicates that this rarely happens. And when it happens, it is because there have been millionaire investments in media and product tests to try to convince a small part of the population to change their behavior.

Especially for entrepreneurs with limited resources, trying to change consumption habits is a long-term effort. It is necessary to invest significant resources to stimulate demand, which is also likely to end up benefiting competition equally.

You are incentivizing a new product category, in which new players will want to participate, once you have made the investment to educate the market. So you must prepare to get the most out of your effort.

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Francis works for a local fly-fishing shop. The shop allows employees to purchase two fly rods per year at a discount. This year
RUDIKE [14]

The amount of discount that has to be included in Francis's income is 0.

<h3>How to solve for the discount amount</h3>

The amount of the discount - sales price

= 300 - 250

= $50

This is the discount when it is sold to employees

Next we solve for the gross profit as

sales price x gross profit rate

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2 years ago
On January 1, 2021, Hobart Mfg. Co. purchased a drill press at a cost of $36,000. The drill press is expected to last 10 years a
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In 2021, the depreciation expense is $1500 and the book value is $34,500.

In 2022, the depreciation expense is $5040 and the book value is $30.960.

The units of production depreciation method depreciates an asset based on the output of the asset in a given period.

units of production = (output in a given year / total estimated output) x (cost of the asset  -salvage value)

Book value is the cost of the asset or the carrying value of the asset less the depreciation.

2021 depreciation = (25,000 / 500,000) x ($36,000 - $6000) = $1500

Book value = $36,000 - $1500 = $34,500

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