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svet-max [94.6K]
3 years ago
9

Economists assume we are all making the most reasonable decisions with our resources, but how do you explain people paying $40,0

00 for a "Hermes Birkin Bag" or $2000 for "Kanye West's Sneakers"?
Business
1 answer:
Musya8 [376]3 years ago
6 0
As not everybody can afford designer items, those who can, typically buy such items to increase their self-esteem, and/or view it as an accomplishment. Also, many will do so in a way to view themselves in a higher class than others.
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H2Coast, an automobile​ manufacturer, produces​ fuel-efficient hybrid vehicles that are targeted toward​ high-end exotic-vehicle
Aleks [24]

Answer:

C. Psychographic

Explanation:

There are several ways to segment a market. The criteria to be used should serve to predict the behavior of the buyers.

Of the different criteria, psychographic behavioral variables are used when buying behavior is related to the personality or lifestyle of consumers, since they have different preferences and respond differently to offers.

In other words, people are grouped according to their lifestyle, activities, interests and opinions.

8 0
3 years ago
Important aspects of managing that have recently emerged include applying systems thinking, continuously improving quality, and
mixas84 [53]

Answer:

True.

Explanation:

With changing dimension of global market, where customer is considered as king in the market due to highly competitive market with homogenous goods and service are available in the market, where customer find it hard to distinguish between different goods and service, there is only one aspect which can differentiate the goods and service of one product to another is its quality and excellent customer service. Therefore, with the emerging market, it is essential for corporate to manage applying systems thinking, continuously improving quality, and providing excellent customer service.

7 0
3 years ago
Sargent Corporation bought equipment on January 1, 2021. The equipment cost $360,000 and had an expected salvage value of $60,00
Fiesta28 [93]

Answer:

c. $50,000.

Explanation:

Depreciation: The depreciation is a non-cash expense that shows a reduction in the value of the fixed assets due to tear and wear, obsolesce, usage, time period, etc. It is shown on the debit side of the income statement.

The computation of the depreciation expense under the straight line method is shown below:

= (Original cost - expected salvage value) ÷ (estimated life of the equipment)

= ($360,000 - $60,000) ÷ (6 years)

= ($300,000) ÷ (6 years)  

= $50,000

In this method, the depreciation is same for all the remaining useful life

5 0
4 years ago
The Product Data Center has been servicing the Struble Production Casting Department for five years. Beginning next year, the co
Black_prince [1.1K]

Answer:

Solution is attached below in image

5 0
3 years ago
When dealing with an issue that is moral and political how rigid should a person be?
Tems11 [23]
I believe that when it comes to dealing with situations that are both moral and political, it is best to handle it with an open mind and not to be too rigid. The thing about moral dilemmas is that there are times when things are not black and white. So in order to solve this issue, you need to have an open mind. Of course you should always revolve your solution on ethics and basically knowing what is the right thing to do. 
5 0
3 years ago
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