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3 years ago

Product indicators of sensitivity to price include all of the following EXCEPT:

Business

2 answers:

ivanzaharov [21]3 years ago

6 0

Answer:

the ability to switch easily.

Explanation:

Product indicators help a company to measure the performance of its product against a defined target. The price sensitivity of product determines a company how much the demand for a certain product will change if there is change in price of that product. This enables the company to compare its product easily and measure the performance of its product as it was expected that whether it meets the criteria or goals of the business. Product indicators of sensitivity to price do not include the ability to switch easily.

lakkis [162]3 years ago

5 0

Answer:

The correct answer is letter "B": the ability to switch easily.

Explanation:

Price sensitivity refers to the susceptibility of changes in the demand for products and services due to changes in buyers, prices, or products. The elasticity of demand is used to measure price sensitivity. The product indicators for price rely on the differentiation of alternatives, easy comparability, expected performance, and uncritical mission.

One of the buyer indicators for price sensitivity relies on the ability to switch easily.

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Proposals to increase the U.S. minimum wage to $15 an hour are often met with vehement objections that fast food workers should

Harman [31]

Answer:

Equity

Explanation:

Based on the information provided within the question it seems that the process theory that is most consistent with this is Equity. This basically emphasizes that quality of being fair and impartial. Which seems to be the reason that the proposal keeps getting denied, since people believe that it is not fair that fast food workers can make the same as a trained medical technician.

4 0

3 years ago

Stemway Company requires a new manufacturing facility. It found three locations; all of which would provide the needed capacity,

PolarNik [594]

Answer:

Location C costs least to the company as it only costs $461,160

Explanation:

We will evaluate all the three proposals

Location A Cost = $500,000

Location B

Down payment = $100,000

Annual year end payment = $50,000 for upcoming 20 years

Present value @ 8% = ( ${\sum \frac{1}{(1+0.08){^1}}+ \frac{1}{(1+0.08){^2}}+ ........ \frac{1}{(1+0.08){^2^0}}}) \times $50,000$ = 9.818 X $50,000 = $490,900

Net Present Value = $100,000 + $490,900 = $590,900

Location C

Payment of $40,000 at the beginning of each year, which means first payment will not be discounted and remaining 24 payments will be discounted.

Thus Present Value = $40,000 +( ${\sum \frac{1}{(1+0.08){^1}}+ \frac{1}{(1+0.08){^2}}+ ........ \frac{1}{(1+0.08){^2^4}}}) \times $40,000$ = $40,000 + 10.529 X $40,000 = $40,000 + $421,160 = $461,160

Thus Location C costs least to the company as it only costs $461,160

7 0

3 years ago

A manufacturer has monthly cost of 60,000 and a production cost of 10$ for each unit produced. The product sells for $15/unit.

Andreyy89

Answer:

a. What is the cost function.

C(x) = 10x + 60,000

b. What is the revenue function.

R(x) = 15x

c. What is the profit function.

P(x) = R(x) - C(x) = 15x - 10x - 60,000 = 5x - 60,000

Compute the profit loss corresponding to production level of 10,000 and 14000.

10,000 units produced:

P(10,000) = 5(10,000) - 60,000 = 50,000 - 60,000 = -$10,000

14,000 units produced:

P(14,000) = 5(14,000) - 60,000 = 70,000 - 60,000 = $10,000

4 0

2 years ago

Read 2 more answers

Suppose Boyson Corporation's projected free cash flow for next year is FCF1 = $100,000, and FCF is expected to grow at a constan

Molodets [167]

Answer:

Value of firm today = $2,000,000

Explanation:

Provided details are,

Future Cash Flow = $100,000

Expected growth rate = 6.5%

Weighted average cost of capital = 11.5%

Firm's total corporate value = $\frac{Future\ Cash\ Flow}{Cost\ of\ capital - growth\ rate}$

= $\frac{100,000}{0.115 - 0.065}$

= $\frac{100,000}{0.05}$

= $2,000,000

Thus, value of firm today with the details provided = $2,000,000

5 0

3 years ago

You purchase a farm for $1,000,000 in cash. A local farmer rents the land to grow wheat and this pays your real estate taxes and

dezoksy [38]

Answer:

You get a return rate of 162.06%

Explanation:

You start off with 1 mil in profit, but you must then add the inflation rate. It says inflation increases by 3% each year, so you cannot just take 15% of it but rather take away 3% the first year, increase it to 6% the next year, 9% the third year, 12% the fourth year, and 15% the last year.

for example, 1,000,000 * .97 = 970,000

then take 970,000 and multiply by .94 to get 911,800.

Then, continue until you get to .85 to get:

620,644.024. Because you want to find how much you made, you put 1,620,644.024 and divide by the original amount 1,000,000 to get approximately 162.06%.

3 0

2 years ago