Answer: Option E
Explanation: In simple words, physical evidence refers to the environment in which the customer and the seller met with the objective of exchanging services and money.
It is a important aspect of marketing mix as the success of the transaction that highly depends on the environment under which it takes place.
In the given case, Alicia and Jordan were fascinated by the special aura of the restaurant.
Hence from the above we can conclude that the correct option is E.
Answer:
The correct answer is letter "A": time and place.
Explanation:
There are four (4) types of economic utility: <em>form, place, time, </em>and <em>possession</em>. Time utility refers to the value consumers see in goods or services to have them available whenever they want. Place utility represents the value goods and services have by being available at any place.
In such scenario,<em> Redbox vending machines fulfill the time form utility by having DVDs 24 hours per day and the place form utility by having them at convenience and grocery stores.</em>
Answer:
1.33 walls
Explanation:
Here is the complete question :
Amy and Bill are fixing up their house by painting walls and installing electrical outlets. In one hour, Amy can paint 8 walls, or install 6 outlets. In one hour, Bill can paint 5 walls, or install 5 outlets a. If Amy painted 8 walls in the first hour of work, and then switched to doing 6 outlets in the second hour of work, what was the opportunity cost of each of those outlets?
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
By doing the outlet, Amy is forgoing the option of painting walls.
Opportunity cost = 8/6 = 1.33 walls
Answer and Explanation:
The accounting principles and the suggestions are shown below:
a. Business Entity Concept:
In this given situation, the amount of $500 should be refunded to the business or it can be recognized as the withdrawal amount by Cathy Miller. The suggestion is that She should use a personal check for paying daycare in the future for her son
b. Going Concern Concept:
Since the business is closed for month-long vacation in the month of June. As Cathy's Antiques is not closing the business for permanent. As she plans for reopening on July 1. The suggestion is that she should hold an inventory decline sale or for other relevant sales.
c. Monetary Unit Concept:
The invoice should be restated in the united states for the purpose of accounting
d. Revenue Recognition Concept:
The revenue should be recognized when it is realized or earned. As the table is not delivered so the revenue should not be recognized.
The amount of $1,500 should be recorded for an account like deposits received from the customers until the delivering of the table is not done
Answer:
The price hike in the price of steel would cause an inflationary push in the U.S. economy, because steel is a input to the production processes of many firms.
In this scenario, the fed would lower the money supply in order to stop the inflationary push from continuing. To do so, the fed would sell government securities.
