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3 years ago

What are some advantages and disadvantages of selling tangible vs intangible products?

Business

1 answer:

Sauron [17]3 years ago

4 0

<u>Explanation:</u>

Tangible products

Though there is customization to products they are uniform or similar in use to the consumers. Products have the touch and feel which can be experienced before the purchase of the products.

These products have to be stocked and shelved it occupies a place. It needs protection from damage, theft or perish ability.

Intangible Products

Service is the intangible product it is given based on the customer needs. It only requires skilled employees to provide best services. Disadvantages are it requires lot of effort to satisfy the customers. Level of satisfaction can be different for different people.

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Daniel derives utility from only two goods, cake (Qc) and donuts (Qd). The marginal utility that Daniel receives from cake (MUc)

Agata [3.3K]

Answer:

240= 3Qc + 3Qd

Explanation:

The computation of the Daniel's budget constraint is shown below;

Given that

Daniel's income= $240

Price of cake (Pc) =$3

Price of donuts (Pd) =$3

So spending on cake = 3Qc

And,

Spending on donut= 3Qd

Finally

Total spending = 3Qc + 3Qd

Now the equation of budget constraint is

Income= (quantity of cake)(price of cake) + ( quantity of donut)(price of donut)

So,

Income= Qc Pc+ Qd Pd

240= 3Qc + 3Qd

4 0

2 years ago

How large is my target market?

AleksandrR [38]

?? this needs more context

7 0

2 years ago

Read 2 more answers

On July 1 the Fisher Shoe Store paid $24,000 to Acme Realty for 6 months rent beginning $24,000 to Acme Realty for 6 months rent

pochemuha

Answer:

C) debit Rent Expense, $4,000; credit Prepaid Rent, $4,000.

Explanation:

July 1, prepaid rent fro 6 months

Dr Prepaid rent 24,000

Cr Cash

July 31, adjusting entry to record rent expense

Dr Rent expense 4,000

Cr Prepaid rent 4,000

total prepaid rent = 24,000 for six months

after one month, 24,000 / 6 = 4,000 must be recorded as rent expense and prepaid rent must be credited.

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3 years ago

A man aged 40 wishes to accumulate a fund for retirement by depositing $1,000 at the beginning of each year for 25 years. Strati

Firdavs [7]

Answer:

The man will made 15 drawins for 31,468 at their retirement age.

Explanation:

We solve for the future value of the annuity-due (deposits at the beginning)

$C \times \frac{(1+r)^{time} -1}{rate}(1+r) = FV\\$

C 1,000.00

time 25

rate 0.04

$1000 \times \frac{(1+0.04)^{-25} -1}{0.04}(1+0.04) = PV\\$

FV $375.1168

Now, we calcualte the amount of the withdrawals considering the new rate:

$PV \div \frac{1-(1+r)^{-time} }{rate}(1+r) = C\\$

$375.116802253964 \div \frac{1-(1+0.035)^{-15} }{0.035}(1+0.035) = C\\$

C $ 31.468

7 0

3 years ago

If a company sales are growing at a rate of 20% annually, how long it will take sales to double?

Zinaida [17]

Use this equation: FVN= $2 = $1(1 + I)N= $1(1.20)<span>N (With any dollar amount)

</span>The exact answer is 3.8 years, but some calculators will round this value up to the next highest whole number, so maybe 4 years.

3 0

3 years ago