The steps in the consumer decision process are:
Recognize the need- Recognizing the need for a product or service
Gather Information- consumer gathers information on the options in the market
Alternative evaluation- Consumer weighs their options among alternatives
Purchase decision- Customer makes the purchase
Post purchase evaluation - Customer reflects on purchase
The increase in the minimum wage in the economy would cause employers to increase charges that they give to consumers by about 4 percent.
<h3>What is the impact of minimum wage on goods?</h3>
When minimum wage is raised in the economy, it means that the employers of labor would have to pay more operational cost for labor.
The effect that this would have on goods is that the people that consume the goods would have to pay extra for them.
Based on research, an increase in minimum wage raises prices by 4 percent in the economy.
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Answer: is increased by credits
Explanation:
Revenue accounts are increased by credits because they are an equity account and equity accounts increase by credit. This is because the corresponding entry would be an asset such as cash and as the asset has to increase by being debited, revenue must be increased by credit.
Other accounts that are increased by credit include liabilities. Accounts that increase by debits apart from assets include purchases and expenses.
Answer:
D: $259,000
Explanation:
The computation of the paying amount which borrower can pay for a property is shown below:
= Mortgage loan amount for borrow ÷ loan-to-value ratio
= $220,000 ÷ 85%
= $258,823.53
= $259,000 round off
We simply divide the mortgage loan by the loan to value ratio so that paying amount could arrive which borrower can pay for a property.
Answer:
Option "C" is the correct answer to the following question.
Explanation:
The ecosystem contains all abiotic features such as temperature, salinity, soil type, or water scarcity, and biotic aspects such as food supply, habitat, pests, pathogens, or information.
Customers are pushing hard for companies to develop goods and services that clearly end up saving energy and provide a common theme regarding today's environment
Therefore "C" is the correct answer.