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
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.

You might be interested in
_________ forecasting method is well suited to situations in which sales forecasts are needed for a large number of products.
nikdorinn [45]

Answer:

D. Moving averages

Explanation:

Moving averages is a method of forecasting which is adopted to receive an overall idea of the trends for a given data

Moving averages is an average of any subset of numbers.

This method is very useful when the long-term trends are to be forecast or when the number of data sets are large in numbers.

3 0
3 years ago
Michelle always drives down hampton avenue to go to the work. one morning michelle discovers that hampton avenue is closed at wo
Vlad1618 [11]
She follows the Detour signs around the Work Area.
8 0
4 years ago
In 2021, Carson is claimed as a dependent on his parents' tax return. His parents report taxable income of $200,000 (married fil
serg [7]

Carson's tax liability for 2021 as a 23-year full-time student, who earns from the summer internship and part-time job and receives a qualified dividend is $645.

<h3>What is tax liability?</h3>

Tax liability refers to the amount that a taxpayer is obliged to pay.

The tax liability is a function of the taxpayer's taxable income, tax bracket, deductions, and applicable tax rate.

In this case, we have assumed a flat tax rate of 10% for both Carlson's earned income and the dividend income.

<h3>Data and Calculations:</h3>

Earned income = $14,000

Qualified Dividend income = $5,000

Adjusted taxable income = $6,450 ($19,000 - $12,550)

Tax liability = $645 ($6,450 x 10%)

Thus, Carson's tax liability for 2021 is $645.

Learn more about tax liabilities at brainly.com/question/7409145

4 0
2 years ago
Karen has been a buyer for Ocean Mist, a large cranberry processor, for several years. Believing that she knows a great deal abo
Ganezh [65]

Answer:

The answer is letter C, Broker.

Explanation:

In order to know whether Karen's company is a broker. It would be best to define what "Broker" is.

In business, <em>"broker" is defined as a person or a company who acts as a mediator between a buyer and a seller. As an agent, the broker gets commission in every business transaction. He can also represents himself as the buyer or the seller. At this point, he also gets a certain commission. </em>In the situation above, Karen arranges the transaction between the growers and processors of cranberries. At this point, she is acting as a seller and a buyer. She does this on behalf of the other firms. Thus, the answer is letter C, Broker.

<u>Additional Information</u>

Sales Agent- a self-employed salesperson who usually works alone. He obtains orders for companies and receives commission on those orders.

Commission Merchant- a person who buys and sells products. He receives commission for the sales price.

Sales Branch- an independent business which purchases merchandise in bulk from manufacturers. He then processes it and redistributes it to retailers.

Sales Office- this is a location that is used for the purpose of selling. It is often leased.

6 0
3 years ago
Assume that the marginal cost​ (MC) of production is increasingincreasing. Can you determine whether the average variable cost​
ki77a [65]

Answer:

YES - When marginal cost​ (MC) of production is increasing, the average variable cost​ (AVC) is increasing.

Explanation:

Marginal cost (MC) is the cost of producing an extra unit of output while Average variable cost (AVC) is the cost per unit of output produced.

When MC is below AVC, MC pulls the average down. This means that when MC is falling, AVC is falling

When MC is above AVC, MC is pushing the average up; therefore when MC is rising, AVC is rising.

The conclusion is that MC and AVC have a direct relationship and a rise in one will cause a rise in the other , therefore when the marginal cost​ (MC) of production is increasing, the average variable cost​ (AVC) is increasing.

3 0
4 years ago
Other questions:
  • The international organization for standardization (iso) organizes its standards by both the international classification for st
    9·1 answer
  • Which of the following statements about federal student loans is true
    15·1 answer
  • Mary is purchasing a home for 145000 she is in the process of selling her present home for 85000 what will her down payment equa
    15·1 answer
  • Helping my 4th grader with semantic map
    13·1 answer
  • Mr. Smith at Acme Production, Inc. is trying to determine the true economic value (TEV) for a new computerized machine. This mac
    11·1 answer
  • Your uncle is considering investing in a new company that will produce high quality stereo speakers. The sales price would be se
    6·1 answer
  • Gibson Guitar Corporation has chosen to build instruments one at a time, by hand. Gibson's century-old tradition of creating inv
    13·1 answer
  • Henry David Thoreau believed that a. economic independence was essential for freedom. b. government was the ultimate expression
    13·1 answer
  • Suppose the required reserve ratio is 8% and the Fed purchases $10 million worth of Treasury bills from Wells Fargo. What's the
    9·1 answer
  • When a customer does not understand his or her role in the service delivery process, he or she is contributing to provider:_____
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!