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3 years ago

7

The owner of a local restaurant wants to enhance consumers' attitudes toward his restaurant by changing the affective component

of their attitude. Which of the following is an appropriate approach to achieve this objective? Convince consumers that an attribute for which this restaurant is strong is more important than other attributes consumers consider for this product category. Inform consumers that delivery is now available. Change consumers' beliefs about attributes of his restaurant. Use positive music in their advertisements so that over time consumers will transfer the positive affect associated with the music to the restaurant. Offer coupons to get consumers to visit the restaurant.

1 answer:

posledela3 years ago

5 0

Answer:

I would say to offer coupons

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Answer:

Correct option is (a)

Explanation:

GAAP is the abbreviation for Generally Accepted Accounting Principles. These are guiding principles that help in recording accounting transactions. These are developed over the course of time and includes comprehensive guidelines used by accountants over the years in preparing financial statements.

GAAP ensures reliability and comparability of financial statements.

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4 years ago

Find the future values of these ordinary annuities. Compounding occurs once a year. Round your answers to the nearest cent. $200

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Answer:

Normal:

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Explanation:

We solve using the formula for common annuity and annuity-due on each case:

$C \times \frac{(1+r)^{time} }{rate} = FV\\$

$C \times \frac{(1+r)^{time} }{rate}(1+rate) = FV\\$ (annuity-due)

<u>First:</u>

C 200.00

time 10

rate 0.12

$200 \times \frac{11+0.12)^{10} }{0.12} = FV\\$

$200 \times \frac{11+0.12)^{10} }{0.12}(1+0.12) = FV\\$

Normal: $3,509.7470

Due: $3,930.9167

<u>Second:</u>

$100 \times \frac{(1+0.06)^{5} }{0.06} = FV\\$

$100 \times \frac{(1+0.06)^{5} }{0.06} (1+0.06)= FV\\$

$563.7093

$597.5319

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3 years ago

A credit granted to a customer for returned goods requires a debit to a. Accounts Receivable and a credit to a contra-revenue ac

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Answer:

d. Sales Returns and Allowances and a credit to Accounts Receivable.

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3 years ago

Consider a corrupt provincial government in which each housing inspector examines two newly built structures each week. All the

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Answer:

$104,000

Explanation:

The computation is shown below:

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4 years ago

Linda loves buying shoes and going out to dance. Her utility function for pairs of shoes, S, and the number of times she goes d

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Answer:

See Explanation

Explanation:

Given

$U(S,T) = 2ST$

$M_U_S =2T$

$M_U_T=2S$

The following details are omitted from the question

$P_S= \$50$ --- Price of the Shoes

$P_T = \$50$ --- Spent on dancing

$B = \$500$ --- Budget on shoe and dancing

Solving (a): Her budget line

First, we determine her budget equation (B).

This is calculated by:

$B = P_S * S + P_T *T$

This gives:

$500 = 50 * S + 50 * T$

$500 = 50 S + 50 T$

Divide through by 50

$10 =S + T$

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<em>See attachment for the budget line equation</em>

Solving (a): Optimal Consumption Bundle Point

First, we determine the marginal rate of substitution (MRS) using:

$MRS = \frac{MU_s}{MU_t} = 1$

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This implies that:

$\frac{2S}{2T} = 1$

Cross Multiply

$2S = 2T * 1$

$2S = 2T$

Divide by 2

$S = T$

Substitute T for S in the budget equation

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$T=5$

Recall that:

$S = T$

$S = 5$

So, the point if optimal consumption bundle is (5,5)

<em>See attachment for point R</em>

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