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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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Which of the following is not true about the law of diminishing returns? It is a short run phenomenon. It refers to diminishing
Natasha2012 [34]

Answer:

All of the above are true.

Explanation:

The law of diminishing returns was first formulated by the classic economist David Ricardo. It presupposes a technical relationship between input and output, which is not scientifically demonstrable but only empirically. In practice, in a generic production system, at any contribution of any factor, that is, land, labor, capital, machines, etc. there is no proportionally increasing production increase.  

Normally it is assumed that the law does not always come into operation but only when the variable input exceeds a certain threshold. For example, the increase of workers on an assembly line certainly allows a proportional increase in production, but only until the entire system begins to suffer from malfunctions due to logistics or work organization, precisely because of the its getting bigger. Large industrial plants have shown that they must be divided into sections, however coordinated, precisely because of the decreasing returns. This is because the increase in the number of workers and the mass of the plants does not correspond to a consequent increase in production.

3 0
2 years ago
Though the profits accrue to the local capitalists, a system of nationally controlled production still depends on __________.
Alex787 [66]
Foreign markets. because the cycle still depends on it
3 0
2 years ago
Challenges that has made some of them go into liquidation with takeovers all over the country. Examine the processes for the acq
xxMikexx [17]

Answer:

The given statement is true, that can be defined as follows:

Explanation:

They continue always to have a supervisor unless the financial are all, which collapses to regulation is criticized in constructing practices and regulations for the divestiture lock, so if the international banks repatriate throughout a nation, which results in monetary uncertainty in the world, they take the required measures to cope with both the problems faced by the moon inside the economic system.

The financial and monetary system of a nation is controlled and corrective actions are taken to resolve moon-facing financial problems through the liquidation of banks. Its national economy is collapsing with just a regulator, but any money problems emerge in a difficult area unit to control.

5 0
3 years ago
How does pay structure affect company strategy ?
Dennis_Churaev [7]

Answer:

Economy

Explanation:

It affects per annum.

6 0
2 years ago
You have been managing a $5 million portfolio that has a beta of 1.05 and a required rate of return of 9.775%. The current risk-
Lilit [14]

Answer:

9.62%

Explanation:

Re = Rf + (B x Rp)

Re = cost of equity = 9.775%

Rf = risk free rate = 4%

B = beta = 1.05

Rp = risk premium = ?

Rp = (Re - Rf) B = (9.775% - 4%)/1.05 = 5.5%

Re portfolio = Rf + {Rp x [(B₁ x $5/$5.5) + (B₂ x $0.5/$5.5)]}

Re portfolio = 4% + {5.5% x [(1.05 x $5/$5.5) + (0.75 x $0.5/$5.5)]}

Re portfolio = 4% + {5.5% x [0.9545 + 0.0682]}

Re portfolio = 4% + 5.6249% = 9.62%

6 0
3 years ago
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