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FinnZ [79.3K]
3 years ago
15

Hope is desperate for the new designer purse that she saw while window shopping at her local mall. She knew every girl in school

would covet her bag and wish to be like her. When she walked in, she whipped out her credit card, and purchased the $5,000 bag. This kind of purchasing is called: Group of answer choices a) Credit card consumerism b) Popular consumerism c) Designer consumerism d) Conspicuous consumption.
Business
1 answer:
Lilit [14]3 years ago
7 0

Answer:

D.

Explanation:

Conspicuous consumption is when a person pays an extremely high price for a product for its prestige value leading to a much higher demand than a simple price/demand relationship would justify.

Characteristics:

-Buying expensive items to display wealth and income rather than to cover the real needs of the consumer.

-Gain higher social status.

-Behavior not only limited to the rich/upper class but among the poorer social classes and emerging economies.

-Clear positioning.

-Time relation is the present.

-Able to take risks.

-Try new products.

-Love symbols of status.

-Wants status appreciation.

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A receipt showing that an investor has made an interest-bearing loan to a bank is a.
Zigmanuir [339]

Certificates of Deposit are documentation indicating an investor has given a bank an interest-bearing loan. The money market instrument known as a "certificate of deposit" is one that banks and other similar financial organisations issue to raise capital on the secondary market.

A certificate of deposit is documentation indicating an investor has lent money to a bank, the government, a corporation, or another bond issuer at interest. A certificate of deposit is documentation indicating an investor has lent money to a bank, the government, a corporation, or another bond issuer at interest.

A savings account known as a certificate of deposit (CD) holds a fixed sum of money for a predetermined length of time, such as six months, a year, or five years. One of the most crucial factors is the certificate of deposit's maturity period.

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4 0
1 year ago
A cafeteria buys muffins daily. Demand varies Uniformly between 30 and 50 muffins per day. The cafeteria pays $.20 per muffin an
kakasveta [241]

Answer:

The optimal stocking level is 45 muffins.

Explanation:

First we have to calculate the Overage cost Co = Purchase price - Salvage value = $0.2 - 0 = $0.2

Then the Underage cost Cu = Selling price - Purchase price =$0.80 - $0.2 = $0.60

Service level = Cu / (Cu + Co) = $0.60/($0.60+$0.2) = $0.75

Hence, optimal stocking level = Minimum demand + Service level *(Maximum demand - Minimum demand)

optimal stocking level = 30 + 0.75*(50-30) = 45

The optimal stocking level is 45 muffins.

Optimal stocking level = 68.75 Muffins

5 0
3 years ago
Diseconomies of scale means that a company is too small to purchase in bulk and is unable to lower costs.
Vinvika [58]

Answer:

Diseconomies of scale are when production output increases with rising marginal costs. ... Fixed costs do not change with increases/decreases in units of production volume, while variable costs are solely dependent, which results in reduced profitability. They show how well a company utilizes its assets to produce profit.

Explanation:

It's true.

3 0
3 years ago
Read 2 more answers
As an accountant for hartley enterprises, you are responsible for preparing the statement of cash flows. you have transactions f
Ganezh [65]

"Cash flow from financial activities" is the heading." This section of the cash flow statement displays all of your company's financing activity, including equity, loan, and dividend transactions.

<h3>What is cash flow statement?</h3>

A cash flow statement is a financial statement that outlines all cash inflows a company receives from ongoing operations and outside investment sources.

It also includes all cash outflows for business and investment operations over a set period of time.

Thus, "Cash flow from financial activities" is the heading.

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5 0
3 years ago
"High Risk Investment = High Return Investment", "Low Risk Investment = Low Return Investment"
Nikolay [14]

Answer:  

Monte Carlo Simulation

Explanation:

Monte Carlo simulation refers to a methodology used in monetary, program management, expense, and other prediction frameworks to know the impact of financial risks. A Monte Carlo model allows one to see all or most of the possible results in order to get a better understanding of the probability of a judgment.

In other words, Monte Carlo approaches can also be used in theory to address any issue with a deterministic explanation. By using the law of large numbers, by getting the empirical average of individual variable tests, integrals represented by expected value of a certain independent variables can be estimated.

4 0
3 years ago
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