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ArbitrLikvidat [17]
3 years ago
15

Jenny plans to buy a new swimsuit for her spring break cruise. She has not seen this year's styles and thus will do some compari

son shopping before making a purchase decision. Jenny is engaging in
Business
2 answers:
liq [111]3 years ago
8 0

Answer:

Jenny is engaging in Limited Decision Making.

Explanation: Limited Decision Making is the process in which a consumer spends time to compare between products and services that they are familiar with, but will need time to come to a reasonable decision that they believe is worth their money.

Sometimes, customers may come across brands that are unfamiliar within a familiar category, they will therefore need to gather information about this brand, and how it compares to the familiar brands that they are used to. This is also Limited Decision Making.

An example is when a consumer finds a new soft drink among familiar soft drinks that he/she is used to.

Elenna [48]3 years ago
5 0

Answer:

Jenny is engaging in limited decision making

Explanation:

Jenny is familiar with swimsuits however, she isn't familiar with the current styles for the year. She is going to purchase a swimsuit but she needs some time to do some research to identify her choice before making a purchase, This is an example of limited decision making.

<em>Limited decision making</em> is a decision made by the consumer when products to be purchased are familiar but more information about what brand to pick, what model is best suited, what style should be purchased, need to be gathered before making the purchase.  This implies that limited decision making requires some time and does not involve an immediate purchase.

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Madison Corporation's production cycle starts in the Processing Department. The following information is available for April: Un
Nastasia [14]

Answer:

Equivalent units = 270,000

Explanation:

<em>Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.</em>

Completed Units= total units in process during April - Closing WIP

                            = 280,000 - 25,000 = 255,000

Note that the description 'total units in process in during April', implies that the opening inventory is inclusive in the figure of 280,000.

Equivalent units = degree of completion(%) × units

Item                                                                                       Equivalent units

Completed units                255,000   255,000× 100%  = 255,000

Closing work in progress    25,000    25,000× 60%     =  <u>15,000</u>

Total equivalent units                                                           <u>270,000 </u>

Equivalent units = 270,000

6 0
3 years ago
The production possibilities curve illustrates the basic principle that: Group of answer choices A) an economy will automaticall
ICE Princess25 [194]

Answer:

The correct answer is option C.

Explanation:

The production possibility curve shows the maximum possible bundle of two goods that can be produced using all the available resources and state of technology.

Since the resources are scarce, when we produce more of one good, we need to sacrifice more and more of the other good.

If all the resources in the economy are fully employed then it is not possible to increase the production of one good without decreasing the production of the other.

The economy can thus produce either on the production possibility curve or below it but not above it.

3 0
4 years ago
Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others a
Tomtit [17]

Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called prestige products.

Prestige products are products that are of a high quality, high value and costly which are often purchased by people because of the benefit they will derived from it.

Most people tend to buy prestige products in order to increase their status in the society and they will often go for the product without minding how costly the product are.

Example of prestige product is buying a luxury car or items such as wrist watch that are very expensive.

Inconclusion products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called prestige products.

Learn more about prestige products here: brainly.com/question/6374886

7 0
3 years ago
Basic scientific research is research that may not have immediate commercial application, but has the potential to contribute to
Studentka2010 [4]

Answer:

The correct answer is letter "A": positive externalities.

Explanation:

An Externality is a cost or benefit incurred or received by a third party who has no control over the factors that created the cost or benefit. Positive externalities occur when both at the private and social levels have a positive benefit from the consumption or production of a good.

3 0
3 years ago
To write a check or make A with drawl when there isn’t enough money in account to pay for?
Irina18 [472]
It would be overdraw because you’re gonna take money out of your bank account etc.
6 0
3 years ago
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