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4 years ago

If consumers start to believe they need a product, what is likely to happen?

Business

2 answers:

velikii [3]4 years ago

4 0

the demand becomes less elastic.

if consumers start to believe they need a product, the demand becomes less elastic.

vodomira [7]4 years ago

3 0

Consumers will purchase products when they believe they need the product. Frequent and consistent advertising is a common method used to convince consumers that products are necessary. Products such as plastic garbage can liners are not necessary though they are very convenient.

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Arguments that favor single sourcing include:

katrin2010 [14]

Answer:

Option C

Explanation:

In simple words, single sourcing refers to the method under which an organisation places orders for its raw material from a single supplier. This practice is implemented due to the advantages such as discounts that one might get from purchasing from a single entity and also the schedule for deliverers can be scheduled as per one own needs.

However such method is useful only for small orders and it burdens on the flexibility which makes the entity awfully dependent on supplier.

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4 years ago

What is the role of government in a mixed market-based economy?

Jet001 [13]

Answer:

lt would c

Explanation:

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3 years ago

What is the goal of logistics management?

Lilit [14]

Answer: Hello There!..............

The main goal of logistics management is to get the best and effective ways to transfer the resources and products from first place to destiny and the customer. The main steering aspect of these activities is to satisfy customer demand and offer the suitable deal possible to hold the customers and reach new ones.

Explanation:

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7 0

3 years ago

Read 2 more answers

A software development company has three jobs to do. two of the jobs require three programmers, and the other requires four. if

Ganezh [65]

4200
For this problem, imagine having the 10 programmers line up randomly, assign the 1st 3 programmers to the 1st job, then assign the next 3 programmers to the 2nd job, and finally assign the remaining 4 programmers to the last job. So with that in mind, let's look at the numbers: 1. There are 10! different ways to arrange the 10 programmers in the line.
2. Of the 1st 3 programmers, we really don't care what their exact order is, so we divide the total by the number of ways of arranging those 3 programmers which is 3!
3. Of the next 3, once again, we don't care about their exact order, so we divide again by 3!
4. And of the final 4, we still don't care about their exact order, so we divide by 4!. So the number of ways of arranging those 10 programmers is 10!/(3!3!4!) = 3628800/(6*6*24) = 3628800/864 = 4200

3 0

3 years ago

Assume the following information for Larkspur Corp. Accounts receivable (beginning balance) $145,000 Allowance for doubtful acco

gregori [183]

Answer: See the required journal entries below.

Explanation: See below steps to record the transactions that occurred during the period and recognize ultimately the bad debt expense.

Step 1: Recognize the transactions during the period

Debit Accounts receivables $944,000

Credit Sales revenue $944,000

(To recognize the sales on account)

Debit Cash $901,000

Credit Accounts receivable $901,000

(To recognize sales collection)

Debit Allowance for doubtful account $6,300

Credit Accounts receivable $6,300

(To recognize the write-off of accounts receivable)

Debit Cash $2,200

Credit Bad debt recovery (income statement/other income) $2,200

(Collection of accounts receivable previously written off)

Step 2: Movement schedules of accounts receivable and allowance for doubtful accounts

Accounts receivable

Balance, beginning of the period $145,000

Addition: Net credit sales 944,000

Less: Collections 901,000

Write-off 6,300

Balance, end of the period $181,700

Allowance for doubtful accounts

Balance, beginning of the period $11,480

Less: Write-off 6,300

Balance, end of the period (unadjusted) $5,180

Step 3: Journals for bad debt expense

Debit Bad debt expense [(9% * $181,700) - $5,180] $11,173

Credit Allowance for doubtful account $11,173

(To record bad debt expense for the period)

8 0

3 years ago