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Sergeu [11.5K]
3 years ago
11

What term refers to people who are trendy and fashionable in order to impress others and are often impulse buyers?

Business
1 answer:
oee [108]3 years ago
5 0

Answer: Strivers

Explanation:

The term that refers to people who are trendy and fashionable in order to impress others and are often impulse buyers is Strivers.

It should be noted that Strivers are usually consumers that are from low income families but they so much believe in style and fashion and really wants to impress and emulate celebrities or high income earners who use lastest trends or fashion.

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Which of the following jobs typically requires an associate’s degree?
nikdorinn [45]

Fashion merchandising

6 0
3 years ago
Marigold Industries incurs unit costs of $8 ($5 variable and $3 fixed) in making an assembly part for its finished product. A su
Veronika [31]

Answer:

The preparation of an incremental analysis is given below

Explanation:

The preparation of an incremental analysis is shown below:

Particulars                           Make Buy               Net Income - Increase/(Decrease)

Variable Manufacturing Cost

(10,300 × $5)                        $51,500             -                  $51,500

Fixed Manufacturing Cost

(10,300 × $3)                        $30,900    $30,900           -                    

Purchase Price (10,300 × 6)         -      $61,800             $(61,800)

Total Annual Cost               $82,400    $92,700       $(10,300)

By above calculation, we can interpret that the marigold should make the part as it would became cheaper but it also saves the cost of $10,300

4 0
4 years ago
Your great grandfather left you a trust will pay you an annual payment of $200 today but the annuity will grow at an annual rate
Mrac [35]

Answer:

The annuity is worth $5,000 today

Explanation:

We solve using the growing perpetuity formula for present value:

Principal = \frac{C}{r - g} \\Where: \\$r = interest rate\\g = grow rate

r = 0.06

g = 0.02

C = $200

$200/(0.06-0.02) = 200/.04 = $5,000

4 0
3 years ago
Read 2 more answers
The Foreign Corrupt Practices Act (FCPA) makes it illegal for US citizens to bribe high ranking foreign officials to get new bus
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G idk but keep yo head up i need these point aye give me 5 stars doe for takin my time n sharing my thoughts with u
4 0
3 years ago
A flight route is served by American Airlines (AA) and Southwest Airlines (SW). Suppose American is the industry leader American
tatiyna

Answer:

The correct answer is b) American will leave fares unchanged and Southwest will leave fares unchanged.

Explanation:

The Nash Balance is a situation where individuals or players have no incentive to change their strategy taking into account the strategy of their opponents.

In the Nash equilibrium, the strategy chosen by each participant of a conflict or game is optimal, given the strategy chosen by the others. In other words, nobody will gain anything if they decide to change their strategy under the assumption that the other individuals do not change theirs.

It should be noted that under the Nash equilibrium the greatest gain is not necessarily obtained for all individuals or players as a whole. It is only true that each responds optimally to the strategy of others. In many cases, individuals would like to be able to reach another balance with higher profits but fail to do so because they face the risk of being betrayed.

7 0
4 years ago
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