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DIA [1.3K]
3 years ago
7

Brand awareness facilitates decision-making and is especially important for which type of consumer goods?

Business
1 answer:
attashe74 [19]3 years ago
4 0
<span>Brand awareness facilitates decision-making and is especially important for which type of consumer goods: public goods. 

Public goods are non-excludable items so there is fair game for anyone and everyone in the market for an item to make this purchase.  Because this items are everywhere, there is normally a decent amount of competing brands with the same product though packaging, quality and quantity can differentiate. Brand awareness helps the consumer know which brand to purchase when there are dozens to choose from. </span>
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Kyle would increase his consumption of turkey sandwiches from 7 to 9 per week if their price fell from $6 to $4. This illustrate
Brilliant_brown [7]

Kyle would increase his consumption of turkey sandwiches from 7 to 9 per week if their price fell from $6 to $4. This illustrates the idea of<u> the law of diminishing marginal utility.</u>

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3 0
1 year ago
What role does budget play and why exhibiting responsible money management behavior is important to reaching future financial go
larisa [96]

Answer:

Some entities will follow a top-down mandatedapproach to budgeting. These budgets will begin with upper-level management establishing parameters under which the budget is to be prepared. These parameters can be general or specific. They can cover sales goals, expenditure levels, guidelines for compensation, and more. Lower-level personnel have very little input in setting the overall goals of the organization.

Explanation:

7 0
3 years ago
According to the price equation, the actual price is the list price less blank______, plus extra fees.
Blizzard [7]

Answer:

incentives and allowances

Explanation:

According to the price equation, the actual price is the list price less blank incentives and allowances, plus extra fees.

8 0
2 years ago
Using the variable cost method, determine the selling price (rounded to the nearest dollar) for 30,000 units using the following
Brilliant_brown [7]

Answer:

c. $8

Explanation:

Calculation to determine the selling price

First step is to calculate the Markup percent

Markup percent= (90,000 + 150,000) / (30,000 x 15)

Markup percent = .533

Now let calculate the selling price

Selling price=533 x $15 per unit

Selling price= $8

Therefore the Selling price will be $8

7 0
3 years ago
Which spreadsheet type will determine how well a business has done over the past year?
Scilla [17]
A profit and loss statement<span> will determine how well a business has done over the past year.The profit and loss statement is a financial statement which shows revenue, costs and all expenses that happened during a said period of time. Most companies do this quarterly or yearly. </span>
8 0
3 years ago
Read 2 more answers
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