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nlexa [21]
3 years ago
14

What can you learn about a consumer from the choices the person makes?

Business
1 answer:
allsm [11]3 years ago
3 0

You can learn a lot about a consumer based on the choices the person makes. If the buy the same brand or type of item consistently, you can tell they favor that brand. If they buy what's on sale, then they are a bargin shopper looking for a good deal. You are able to figure out a consumers buying habbits based on the type of purchases they make.

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Nancy's union has negotiated a three-year wage contract that provides for a 2.4% increase indexed to inflation. The rates of inf
Blababa [14]

Nancy's union has negotiated a three-year wage contract that provides for a 2.4% increase indexed to inflation. The rates of inflation are forecast to be 1.62%, 1.93% and 2.21% respectively Nancy's wage increase be expressed in the new contract as -COLA plus 2.4%

Explanation:

From the question it is clear that the rate of inflation is  forecasted to be either 1.62%,1.93% or 2.21% in the near future

But As per the  wage contract of the Nancy's union the increase in inflation is assumed to be 2.4%

So,the Nancy's wage increase in the new contract will be expressed as -COLA plus 2.4%

(The term COLA refers to the cost of living adjustment)

<u>Wage increase =cost of living adjustment(COLA)+increased inflation</u>

6 0
3 years ago
A loan originatro convinces an appraiser to fincresse the valuation on a home tht the originator's friend is trying to buy is th
s2008m [1.1K]

A mortgage originator convincing an appraiser to grow the valuation on a home that the originator's buddy is trying to shop for is an instance of Fraud For profit.

An appraiser is someone who makes use of their analytical capabilities to assess and assign value to a product, piece of machinery, intellectual assets, actual property, or industrial entity.

An appraiser is an expert who determines the market price of an asset which includes rings, art, gems, circle of relatives' heirlooms, and real property. All appraisers need to act independently of the shopping for and selling events, and their critiques need to be independent. Appraisers take a look at the scale, form, and topography of the lot, which includes easements and encroachments. The appraiser will even note amenities consisting of avenue utilities and vehicular get admission. a part of the evaluation technique includes an opinion of whether or not the house's characteristics are like-minded with the market.

Learn more about appraisers here:

brainly.com/question/7595736

#SPJ4

6 0
1 year ago
What is the difference between the work of an auditor and finance manager? ​
cupoosta [38]

Answer:

Accountants and finance managers both work with clients and businesses to improve their finances. However, finance managers supervise all financial aspects of a business over a long period of time, while accountants focus on managing financial records and taxes.

7 0
3 years ago
Demand-pull inflation is caused by: An increase in aggregate supply. An increase in resource costs as an economy's production ca
frosja888 [35]

Answer:

Excessive aggregate demand in relation to an economy's production capacity.

Explanation:

  • The demand and the pull is the upward movement in the prices that follows a shortage in supply.  As per the economists, they describe it as the too many dollars that are followed by too few goods.  
  • Thus when the combined demand in the economy strongly is outweighed by the combined supply and thus the prices tend to go up. Hence the excessive increase of the demands pulls up the production capacity.
5 0
3 years ago
How does a deductible affect insurance?
Alex73 [517]

The deductible is the amount a person must pay before their insurance will start to pay. For instance, say you have a $1,000 deductible on your car and you have a wreck that causes $3,000 worth of damage. the driver would have to pay the $1,000 first and then the insurance will help cover the other $2,000 at the rate the policy stipulates.

As for pricing, the insurance policies with higher deductibles (meaning the subscriber pays more for losses), the insurance premium would be cheaper than those policies with a smaller deductible.

6 0
3 years ago
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