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TiliK225 [7]
4 years ago
5

Breyer's introduced for sale a new line of ice cream flavors in elegant black containers. This was done on a limited scale to de

termine consumer reactions before national distribution of the product. Breyer's new product was in the __________ stage of the new-product process.
A) commercialization
B) screening and evaluation
C) business analysis
D) development
E) market testing
Business
1 answer:
Archy [21]4 years ago
7 0

Answer: market testing      

                                     

Explanation: In simple words, market testing refers to the process in which a product is tested in real situation with actual potential customers before introducing it to the market. Market testing is usually done for the purpose of detecting problem so that appropriate changes could be made in the product.

In the given case, the company introduced its ice cream to only few numbers of customers to evaluate their reactions.

Hence that were at market testing stage

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An asset was purchased for $138,000 on January 1, Year 1 and originally estimated to have a useful life of 8 years with a residu
kirill115 [55]

Answer:

The third-year depreciation expense: $26,081.25

Explanation:

The company uses straight-line depreciation method, Depreciation Expense per year is calculated by following formula:

Depreciation Expense = (Cost of asset − Residual Value )/Useful Life

Depreciation Expense for year 1 = ($138,000 - $10,500)/8 = $15,937.5

Depreciation Expense for year 2 = ($138,000 - $10,500)/8 = $15,937.5

At the end of year 2,

Accumulated depreciation = $15,937.5+$15,937.5=$31,875

Book vale of the asset = $138,000 - $31,875 = $106,125

At the beginning of the third year, the remaining useful life of the asset was 4 years with a residual value of $1,800.

Third-year Depreciation Expense = ($106,125 - $1,800)/4 = $26,081.25

6 0
4 years ago
Suppose quantity demanded is 2,000 when price is $10 and 3,000 when price is $5. If a monopolist who was initially charging a pr
Pavel [41]

Answer:

$25,000 by charging consumers with more elastic demand only $5 and keeping the price for consumers with less elastic demand at $10

Explanation:

Price discrimination refers to the differentiation in the price of the product for every consumer that means the company charged different prices from the different customers

Also, in this it charges from the consumers having more elastic demand at less price. Here 2,000 units are purchased at $10 and the 1,000 units are purchased at $5 so the total quantity demanded is 3,000

The 25,000 units come from

= 2,000 ($10) + 1,000 ($5)

= 20,000 + 5,000

= 25,000

7 0
3 years ago
In an economy with a population of 100 million persons, 50 million hold civilian jobs and 20 million are not working but are loo
faust18 [17]

half, 50%, have jobs and 20% are looking for jobs

Explanation:

6 0
4 years ago
Sound Company reported the following amounts for May, 2008: Direct materials purchased $254,000 Beginning raw materials inventor
Yakvenalex [24]

Answer:

$254,100

Explanation:

The computation of the  cost of direct materials used in production is shown below:

=  Direct materials purchased + Beginning raw materials inventory  - Ending raw materials inventory - Indirect materials requisitioned and used

= $254,000 + $12,000 - $7,900 - $4,000

= $254,100

Hence, all the other information is not considered. Therefore, ignored it

6 0
3 years ago
One problem with the consumer price index stems from the fact that, over time, consumers tend to buy larger quantities of goods
Tcecarenko [31]

Answer:

Letter c is correct. <u>Substituition bias.</u>

Explanation:

Substitution bias is characterized as a problem regarding the price index of a particular good, as consumer behavior can be changed relative to the price of a particular good by changing its consumption from a more expensive product to a cheaper substitute product.

The concept of the substitution bias problem relates to consumer choice theory, which is a macroeconomic theory that describes consumer purchasing decisions and how changes in the environment influence their decisions.

6 0
3 years ago
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