1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
erik [133]
3 years ago
15

Beverage firms sometimes hire attractive young people to sit at fashionable bars, sipping the company's latest product offering.

The firms hope these "models" will serve as a(n) __________ and influence consumers.a. risk avoider
b. cultural determinant
c. evoked set
d. reference group
e. cognitive learning experiment
Business
1 answer:
Hatshy [7]3 years ago
8 0

Answer: D. Reference group

Explanation: A reference group is usually used to make comparison. Generally, reference group could be an individual or a group of people which are used as a basis or standard for evaluating or comparing the behavior another individual or group. Individuals or groups being compared may to to emulate the belief, norms or attitude of the reference group.

Beverage companies employ attractive young ladies 'models' to serve as reference groups so that visitors will tend to be attracted or emulate their behavior or action so as to boost sales and increase revenue.

You might be interested in
Use the following compound interest formula to complete the problem. A = P (1 StartFraction r over n EndFraction) superscript n
Tatiana [17]

Credit cards are the card which is given by banks to the customers for withdrawing some amount beyond the account balance. The card I's is increased by $1579.3 than card H.

<h3 /><h3>What is a credit card?</h3>

A credit card refers to a payment mechanism that helps both consumer and commercial business proceedings, including purchases and cash advances.

Computation of credit card's balance:

<u>Amount of </u><u>Card H </u><u>after 3 years:</u>

Given,

Principal(P) = $1,186.44

Interest Rate(r) = 14.74%

Number of time period(n) = 3 years.

Applying the above values in the formula given in the question:

\text{A} = \text{P}(1+ \dfrac{r}{n} )^n^t\\\\\\\text{A} =\$1,186.44(1+ \dfrac{14.74\%}{3} )^3\\\\\\\text{A}= \$1792.2

<u>Amount of</u><u> Card I </u><u>after 3 years:</u>

Principal(P) = $1,522

Interest Rate(r) = 12.05%

A number of the time periods (n):

12\text{Months}\times3\text{Years} = 36 \text{Months}

Again, apply the above values in the formula given in the question:

\text{A} = \text{P}(1+ \dfrac{r}{n} )^n^t\\\\\\\text{A} =\$1,522.16(1+ \dfrac{12.05\%}{12} )^3^6\\\\\\\text{A}= \$3,371.58

Now we take the difference between both the credit cards, we have:

\text{Amount of Credit Card I}-\text{Amount of Credit Card H}\\\\=\43,371.58-\$1,792.2\\\\=\$1,579.38

Therefore, card H's balance is decreased by $1579.3 than a card I.

Learn more about credit cards, refer to:

brainly.com/question/14716152

4 0
3 years ago
Suppose a monopolist produces output where total revenue is maximized. at that output, the price elasticity of demand for the mo
Ipatiy [6.2K]

Suppose a monopolist produces output where total revenue is maximized. At that output, the price elasticity of demand for the monopolist's output is equal to one.

What is Monopoly?

A monopoly is a market structure where one producer or seller holds a significant amount of influence within a certain market. Monopolies are forbidden in free-market economies as they limit customer alternatives and discourage competition. A company that enjoys monopoly status lacks replacements for its goods and faces little internal competition. Monopolies have the power to set prices and create barriers to entry for competing companies. Monopolies frequently benefit from economies of scale, the capacity to produce large volumes at reduced unit prices.

To know more about monopoly refer:

brainly.com/question/5992626

#SPJ4

3 0
2 years ago
GenX has a target capital structure of 40 percent common stock, 5 percent preferred stock, and 55 percent debt. Its cost of equi
AVprozaik [17]

Answer:

12.085 %

Explanation:

WACC = Cost of Equity x Weight of Equity + Cost of Preference Stock x Weight of Preference Stock + Cost of Debt x Weight of Debt

Remember to use the after tax cost of debt :

after tax cost of debt = interest x ( 1 - tax rate)

                                   = 8.00 % x (1 - 0.35)

                                   = 5.20 %

therefore,

WACC = 22.00 % x 0.40 + 8.50 % x 0.05 + 5.20 % x 0.55

           = 12.085 %

thus

the firm's WACC given a tax rate of 35 percent is 12.085 %

6 0
3 years ago
Harry wants to save money in a bank account. He decides to open a _______ account with a five-year maturity date because it offe
MrMuchimi
Money Market,  a higher interest rate
4 0
3 years ago
Read 2 more answers
Two employers pay a wage of $10 an hour. Employer A is a monopsony while Employer B hires in a competitive labor market. Both fi
defon

Answer:

It will cost employer A more to hire another worker

5 0
4 years ago
Other questions:
  • When job 117 was completed, direct materials totaled $4,400; direct labor, $5,600; and factory overhead, $2,400. a total of 1,00
    14·1 answer
  • Who is this guy please help me!!!!!! As Soon As Possible
    15·1 answer
  • Manny, a calendar-year taxpayer, uses the cash method of accounting for his sole proprietorship. In late December he performed $
    11·1 answer
  • Hiram has learned to seek attention by engaging in appropriate behavior namely by watching his brother receive attention for hit
    13·1 answer
  • The following exchange demonstrates which problem solving technique?We pay higher costs than we need to when we go bowling becau
    6·2 answers
  • If the interest rate on a savings account is 0.02%, approximately how much money do you need to keep in this account for 1 year
    12·2 answers
  • Which is the BEST definition of the term economics?
    15·1 answer
  • An investment offers $5,700 per year, with the first payment occurring one year from now. The required return is 5 percent. a. W
    5·1 answer
  • N
    9·2 answers
  • Assume that a state government currently provides no child-care subsidies to working single parents, but it now wants to adopt a
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!