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2 years ago

This jacket is so thin. It can't possibly keep out the rain."(Use the boomerang method.)

Business

1 answer:

Ivan2 years ago

6 0

Answer:

The jacket is thin because it uses a fiber called thinsulate that enables it to have the lightest weight but is also the warmest.

Explanation:

In general marketing, the boomerang method refers to the 'reconstruction' of the customer's objection into the main reason for buying. In other words, using the same excuse that a customer has about a product to entice him/her to buy that product by reframing it as a selling point is known as the boomerang method.

In the given scenario, the customer's objection is about the thinness of the jacket can be used as a selling point by the salesman by stating that the lightness of the jacket is what makes it a good product. So, if the seller tells the customer "the jacket is thin because it uses a fiber called Thinsulate that makes it thin but also warm", then that will make it an interesting and important factor for the customer to like the product more.

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To maximize utility, a consumer should allocate money income so that the Multiple ChoiceA) elasticity of demand on all products

ikadub [295]

Answer:

D) Marginal utility of the last unit of each product consumed is the same.

Explanation:

To maximize utility with a given income constraint, a consumer must chose products to maximize utility. This can be done so that each extra dollar, which is the marginal income, spent on each of these products yields the equal marginal utility. For example if one product yields more marginal utility per marginal dollar spent, the consumer should reallocate their income so they consume more of this product and less of others, so much so that the utility derived from this product equals utility derived from other products.

Utility is maximized when these marginal utilities per marginal dollar spent coincide.

Hope that helps.

6 0

3 years ago

Which services are bannks most liikly to offer

gregori [183]

Answer:

checking accounts, saving accounts, certificates of deposit, and loans.

Explanation:

4 0

3 years ago

. You have room for up to two fruit-bearing trees in your garden. The fruit trees that can grow in your garden are either apple,

Alina [70]

Answer:

you should have 2 apple trees

Explanation:

you can have savings costs net payoff

no tree at all 0 0 0

1 apple tree $130 $100 $30

1 orange tree $90 $70 $20

1 pear tree $145 $120 $25

2 apple trees $260 $200 $60

2 orange trees $180 $140 $40

2 pear trees $290 $240 $50

1 apple + 1 pear tree $275 $220 $55

1 apple + 1 orange tree $220 $170 $50

1 orange + 1 pear tree $235 $190 $45

8 0

3 years ago

Several years ago, Alcoa was effectively the sole seller of aluminum because the firm owned nearly all of the aluminum ore reser

Alinara [238K]

Answer:

price-taking assumption.

free entry assumption.

Explanation:

A perfectly competitive market is one in which different firms compete for consumers of their products. The characteristics of the perfectly competitive market are:

- products are nearly identical

- all the firms are price takers. That is they are not able to determine price independently

- buyer knowledge of information about products is perfect and available to all

- free entry and exit to the market

- resources are perfectly mobile

In the given scenario above two of these rules are not obeyed.

Alcoa was effectively the sole seller of aluminum because the firm owned nearly all of the aluminum ore reserves in the world.

So they determine the price ( they are not price takers)

Also since they own nearly all the aluminium reserves there is no free entry for new firms

5 0

2 years ago

Why do you think the accounting requirements for job-order costing are more demanding than those for process costing

klasskru [66]

Since there is a cost involved in allocating the specific material and labor to the product, job order cost systems are sometimes more expensive to operate than a straightforward process costing system.

<h3>What is job order costing?</h3>

Job order costing is a costing approach used to calculate the cost of producing each product. This pricing approach is typically used when a company creates a number of items that are distinct from one another and wants to assess the cost of performing a single operation. Direct labor, direct supplies, and manufacturing overhead are all included in task pricing.

Job order costing can be used to determine if a job is profitable. Efficient task order costing enables businesses to generate bids that are competitive while being profitable.

learn more about job order costing refer:

brainly.com/question/24277455

#SPJ4

8 0

2 years ago