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svp [43]
3 years ago
6

Market researchers have determined nine categories of lifestyles for computer users. One of the categories is described as "Mous

e Potatoes," who like the Internet for entertainment and can't wait to buy the latest in "techno-entertainment." In terms of the diffusion process, how would "Mouse Potatoes" be classified?
Business
1 answer:
Ulleksa [173]3 years ago
7 0

Answer: Innovators.

Explanation:

The Diffusion Process defines how new products are able to spread across a market.

It does this by using the Adoption Process to determine the various groups in the market and how fast the product gets to those groups. There are 5 groups in total.

- Innovators

- Early Adopters

- Early Majority

- Late Majority

- Laggards.

In the above scenario, the Mouse Potatoes would be the Innovators. These are the first buyers of a product and as such their opinions are very important as they then tell others how useful the product is. Mouse Potatoes regularly browse the net looking for the latest in "techno-entertainment", so they can buy or use it first thus making them Innovators.

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A decrease in supply is caused by:
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Tomato sauce and spaghetti noodles are complementary goods. A decrease in the price of tomatoes will a. decrease consumer surplu
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Answer: c. increase consumer surplus in the market for tomato sauce and increase producer surplus in the market for spaghetti noodles.

Explanation:

A complementary good is the one which can be used only with another good. For example a CD can only run in a CD player or any other suitable device so the sales of CD is dependent upon the availability of device used to pay it. Other examples are tennis ball and tennis racket, mobile phone and sim cards, and others.

According to the given situation the decrease in price of tomato will be an advantage to the consumers as they will be able to purchase them with an affordable price and can produce tomato sauce this will promote the production of spaghetti noodles as tomato sauce is consumed along with spaghetti noodles this way the tomato sauce and spaghetti noodles are complementary goods for each other. The sales and production of one good will affect the sales and production of another.

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3 years ago
Formal communication within a business _____.
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The answer is (B) typically follows the same path as the company’s organization chart.

Explanation:

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3 years ago
Bank Reconciliation and Entries The cash account for Stone Systems at July 31, 20Y5, indicated a balance of $12,270. The bank st
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Answer: Please see below for the reconciliation of bank and book balance for Stone systems as $15,310

Explanation:

Bank Reconciliation Statement  for July 31 , 20Y5  for Stone Systems

Particulars                                 Amount

Balance on bank statement       $15,440

Additions:  

Outstanding Deposits                       $5,790                        

Deductions:  

Outstanding checks                 $5,560

Bank Error (400-40)                        $360                                        

Adjusted bank balance            $15,310

Balance in books                          $12,270.                        

Additions:  

Note Collection plus interest    $3,010  

Incorrect recording of check

($880-$800)                                    $80  

Deductions

Bank Service charges                    $50  

Adjusted book balance       $15,310

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3 years ago
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