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
Marianna [84]
3 years ago
9

Why do lower prices increase the demand for product or services

Business
2 answers:
kakasveta [241]3 years ago
8 0
If its cheaper you would rather have it instead of the more costly one
ladessa [460]3 years ago
5 0
I would say becasue now the the price is low, everyone's going to want more and more of that item. If the price was high, then not many people would but it. <span />
You might be interested in
What is 1 and 2/3 divided by 4/5​
nlexa [21]

Answer:

I would say 2.0825‬

Explanation:

1 2/3= 1.666

4/5=0.8

so,

1.666÷0.8=2.0825‬

7 0
4 years ago
Read 2 more answers
Disadvantage of snob appeal​
Natasha2012 [34]

Answer:

The purpose of snob appeal is to persuade a consumer to purchase a product or service by convincing him or her that the purchase will elevate their status. By appealing to individuals' desires to be among the elite, advertisers attempt to sell their products.

For example, some different ads that illustrate snob appeal include the following:

Cigarette ads with big and tough guys smoking cigarettes makes it seem that the consumer, too, could be among the elite hearty men who smoke cigarettes.

Commercials that show men drinking a certain brand of beer attracting all of the beautiful women in a bar gives the underlying message that drinking that beer will make the consumer more attractive to women.

A food commercial that highlights parents who are "Number One" that purchase a certain food product implies that the consumer will also be a top notch parent if he or she purchases the product.

A perfume advertisement that features a woman dressed in fancy clothes and very expensive jewelry appeals to the "inner snob" by implying that a woman who wears that perfume will be equally as exquisite in appearance.

A commercial for cat food that shows a cat eating a certain brand of food in a posh house with a fancy pet dish makes the consumer feel she is treating her cat the best she possibly can by purchasing that food.

A military slogan that says, "Do you have what it takes?" is appealing to snob appeal by trying to recruit members implying that they are an elite group that has characteristics that others do not possess.

When a company is attempting to sell its services over competitors' services and states "You don't want to deal with those OTHER companies…" it is attempting to elevate its own image to be more appealing as an elite company.

A wireless phone company shows commercials of people waiting in lines to get their phones and the images of those who have the phones are of well-dressed and popular people. The phone company is making it seem extremely desirable to be a part of the group of people who are elite enough to own that phone.

A linen company features their products in an advertisement in a posh and fancy home implying that those who purchase their linens are amongst the elite.

Featuring a popular celebrity in a commercial in which she states she would never use another brand makes the product seem more appealing to the consumer.

A commercial for big screen televisions shows a large group of people watching the Superbowl and having fun, stating that "everyone will want to be at your house" implies that the purchase of the television will make the consumer popular and part of an elite group.

Explanation:

6 0
2 years ago
What is an example of E-commerce
Romashka [77]

Answer & Explanation:

E-Commerce or Electronic Commerce means buying and selling of goods, products, or services over the internet. ... The standard definition of E-commerce is a commercial transaction which is happened over the internet. Online stores like Amazon, Flipkart, Shopify, Myntra, Ebay, Quikr, Olx are examples of E-commerce websites.

8 0
4 years ago
Read 2 more answers
Which principles refers to the assumption that a project will be evaluated based on its incremental cash flows?
77julia77 [94]

Answer: Stand alone principle

Explanation:

Stand alone principle is the principle that is used by a company to decide whether or not to engage in a project based on the profitability of identical projects that has the same risk. Stand alone principle allows firms to evaluate a project based solely on the incremental cash flows of a firm that is related to the project.

Without stand-alone principle, the project evaluation for a firm would require the forecast of all of the firm’s cash flows.

7 0
3 years ago
Data that are observed or collected directly from respondents are called: a. primary data. b. direct samples. c. secondary data.
Anon25 [30]

Answer:

Data that are observed or collected directly from respondents are called primary data.                      

Explanation:

Primary data are data obtained directly from respondents via field survey. These data are usually collected through the use of questionnaires or interviews.

4 0
3 years ago
Other questions:
  • At the end of her sales presentation, the salesperson asks, "Do you want to make monthly payments of $75 with a 10 percent down
    6·1 answer
  • When the value of money is on the vertical axis, the money supply curve slopes upward because an increase in the value of money
    9·1 answer
  • Condensed financial data of Windsor, Inc. follow. Windsor, Inc. Comparative Balance Sheets December 31 Assets 2022 2021 Cash $56
    15·1 answer
  • 11.Jones and company had a balance in their retained earnings account at the end of 2020 in the amount of 990,000. They have for
    10·1 answer
  • In performance appraisal, ______ means that the use of the measure is satisfactory or appropriate to the people who must use it.
    9·1 answer
  • Regional Investment Corporation (RIC) hires Sam, a real estate agent, to locate investment properties for RIC. Sam learns of a w
    6·1 answer
  • Phil paid $75,000 for his house. It is insured for $65,000. The market value is $85,000. The outstanding mortgage balance is $68
    5·1 answer
  • When curt’s catering first opened, the owner decided to target only events at resorts in its geographic region. curt’s catering
    7·1 answer
  • The complex whole that includes knowledge, belief, art, law, morals, customs, and any other capabilities and habits acquired by
    15·1 answer
  • A person who is employed directly by a company for a certain amount of time, specified in a formal agreement between the company
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!