Considering the market analysis, the Primary demand is a desire for the <u>product class</u> rather than for a <u>specific brand</u>; it is often the focus of marketing when there are few competitors with the same product.
<h3>What is Product Class?</h3>
Product class is a term used to describe products or commodities that are homogeneous or deemed as substitutes for each other.
On the other hand, a Specific brand is a product with unique features that makes it different and known compared to other products.
Hence, in this case, it is concluded that the correct answer is option C. "product class; specific brand."
Learn more about the Product class here: brainly.com/question/24445329
<span>The
equilibrium price is basically the ideal price that is determined
when the demand and the supply for an item is equal. If you place the
price bellow the equilibrium price, the price of the product will be
lower than what the market is willing to pay, and as result you will
have surplus of the item in the market.</span>
<span>The correct answer is b.</span>
Answer:
Journal Entry are given below
Explanation:
solution
Journal Entry are as
PERPETUAL INVENTORY SYSTEM
debit credit
(1) March 2, Merchandise inventory $800,000
Borst Company $800,000
( record Inventory purchase )
(2) March 6,
Borst Company $140,000
Merchandise inventory $140,000
( record goods return )
(3) March 12,
Borst Company (800000-140000) $660,000
Cash (800000-140000) ×98% $646,800
Merchandise inventory $13,200
(800000-140000)× 2%
( record goods return )
Answer:
6.5 years
Explanation:
Cost of Asset/Net Income = $400,000/Net Income
Net Income = Revenue - Operating expenses (excluding depreciation)
= $100,000 - $38,000 = $62,000
=$400,000/$62,000
=6.45
=6.5 years
<span>Costs that differ directly with the level of production are known as variable cost</span>
