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3 years ago

The Perfect Haircut: Consumers' Search Process

Business

1 answer:

konstantin123 [22]3 years ago

5 0

Answer:

Explanation:

✓Performance Risk

1)Could Damage Career

2)All the same

✓Financial Risk ( risks that could be attributed to finance, i.e money)

1)Tight budget

2)Expensive Service

✓Psychological Risk

1)Unimportant

2)Personal Image

✓Internal vs External ( ways to get access to information)

1)Salon of Convenience

2)Salon of Choice

✓Benefits vs Costs

1)Worth the Money

2)Effortless

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A person can benefit from specialization and trade by obtaining a good at a price that is.

enot [183]

Answer:

lower than his or her opportunity cost of that good.

Explanation:

6 0

2 years ago

Dylan invested $7,200 in an account paying an interest rate of 2. 3% compounded quarterly. Assuming no deposits or withdrawals a

Orlov [11]

The future value of the investment after 12 years will be $9,481.

<h3>What is future value?</h3>

The future value of an investment is its value at a future date. It is obtained by multiplying the present value of an asset by its growth rate raised to the number of periods for the investment.

We can compute the future value of an asset with this model:

FV = PV(1+r)^n

<u>where</u>:

FV = future value

PV = present value

r = annual interest rate

n = number of periods interest held

We can also compute the future value by inputting the variables on an online financial calculator as follows:

<h3>Data and Calculations:</h3>

Investment amount = $7,200

Compound interest rate = 2.3% quarterly

Period of investment = 12 years

N (# of periods) = 48 (12 x 4)

I/Y (Interest per year) = 2.3%

PV (Present Value) = $7,200

PMT (Periodic Payment) = $0

<u>Results:</u>

FV = $9,481.01

Total Interest $2,281.01

Thus, the future value of the investment after 12 years will be $9,481.

Learn more about future value at brainly.com/question/24703884

4 0

2 years ago

If the quantity of real domestic output demanded increased by $1,000 at each price level, the new equilibrium price level and qu

NeTakaya

If the quantity of real domestic output demanded increased by $1,000 at each price level, then, according to macroeconomics, the new equilibrium price level and quantity of real domestic output would be 150 and $4,000.

<h3><u>What is macroeconomics?</u></h3>

Macroeconomics is a subfield of economics that focuses on the behavior of an economy as a whole, including the market and other large-scale processes.
Inflation, price levels, economic growth rates, national income, gross domestic product (GDP), and variations in unemployment are only a few examples of the phenomena that macroeconomics analyzes.
Macroeconomics makes an effort to assess how well an economy is operating, comprehend the forces that shape it, and predict how performance could increase.
In contrast to microeconomics, which focuses primarily on the decisions made by individual economic actors, macroeconomics examines the functioning, structure, and behavior of the entire economy (like people, households, industries, etc.).

Curves of supply and demand cross at the equilibrium price. We would forecast that the market will function at this pricing.

Know more about macroeconomics with the help of the given link:

brainly.com/question/13120341

#SPJ4

6 0

2 years ago

The bond of Tuckpeck is 8¼ 14. The bond traded for a high of 93.25 and closed at 93. The current yield of the bond to the neares

zhannawk [14.2K]

Answer:

8.9%

Explanation:

Calculation for what The current yield of the bond to the nearest tenth of a percent is:

Current yield of Bond=[(8+1/4)*10]/(93*10)

Current yield of Bond=(8.25*10)/930

Current yield of Bond=82.5/930

Current yield of Bond=0.089*100

Current yield of Bond=8.9%.

Therefore The current yield of the bond to the nearest tenth of a percent is 8.9%

7 0

3 years ago

One primary function of Harriet's job is to study individuals, groups, or organizations and the processes they use to select, se

s2008m [1.1K]

Answer:

consumer behavior

Explanation:

Consumer behavior refers to the study of the behaviors and the wants and needs of the customers. The actions or activities which the consumers do in the market place which highlights their behavior studies under consumer behavior. In the above case, Harriet's job is specifically included under studying consumer behavior.

3 0

3 years ago