Answer: Peripheral route.
Explanation:
The method of convincing consumers to purchase a product based on positive experience of past consumers with the product and not necessarily highlighting the product's quality is making use of the Peripheral route to convince consumers. The peripheral route makes use of indirect signals to convince a person about an item and not necessarily the main qualities that item possess.
Answer:
the present value of this growing perpetuity is $83,692.31
Explanation:
The computation of the present value of this growing perpetuity is shown below:
present value of this growing perpetuity is
= Payment at end of this year ÷ (Discount rate - Growth rate)
= $2,176 ÷ (0.09-0.034)
= $83,692.31
Hence, the present value of this growing perpetuity is $83,692.31
Answer:
Bodily Injury Liability
Explanation:
Since the accident that left Francis seriously injured was Evan's fault, the automobile Insurance policy that will cover the cost of Francis's treatment would be Bodily Injury Insurance Policy.
When a user of this Insurance policy cause a car accident that injures another person, bodily injury liability coverage helps pay for the medical expenses of the person or persons injured.
One should carry a bodily-injury coverage of at least $100,000 per person, and $300,000 per accident, and property-damage coverage of $50,000, or a minimum of $300,000 on a single-limit policy.
This goes to define Bodily injury liability as a car insurance coverage that pays for injuries a driver causes to other people, including other drivers, passengers and pedestrians. This policy covers or takes care of medical expenses and lost wages as well as legal and funeral expenses in some cases of the injured persons.
Answer:
An increase in sale for 90 units, will increase the net income for 1$,170
Explanation:
<em>We are not given with any information of additional cost or special price for this units, so we use the current values.</em>
So we simply multiply the contribution per unit by the increase in sale.
Contribution Margin x Δ sales = Δ income
13 x 90 = 1,170
Each unit contributes with 13 additional income, there are 90 additional units
Total income added 1,170
