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2 years ago

What is brand personality

Business

1 answer:

zysi [14]2 years ago

3 0

Answer:

Brand personality is a set of human characteristics that are attributed to a brand name. A brand personality is something to which the consumer can relate; an effective brand increases its brand equity by having a consistent set of traits that a specific consumer segment enjoys.

Explanation:

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Many people believe that pure monopolies charge any price they want to without affecting sales. instead, the output level for a

babymother [125]

Given that many people believe that pure monopolies charge any price they want to without affecting sales. instead, the output level for a profit-maximizing pure monopoly occurs where MC = MR (marginal cost equals marginal revenue).

3 0

3 years ago

Bateman Corporation sold an office building that it used in its business for $800,200. Bateman bought the building 10 years ago

GarryVolchara [31]

Answer:

Gain= $400,600

Explanation:

First, we need to calculate the book value of the building:

Book value= purchase price - accumulated depreciation

Book value= 599,900 - 200,300

Book value= $399,600

If the selling price is higher than the book value, the company gain from the sale.

Gain/loss= selling price - book value

Gain/loss= 800,200 - 399,600

Gain= $400,600

4 0

3 years ago

Grason Corporation is preparing a budgeted balance sheet for 2015. The retained earnings balance at December 31, 2014 was $533,5

OlgaM077 [116]

Answer:

D. $605,500

Explanation:

At the end of 2014, the Retained Earning balance was $533,000. This serves as our beginning balance for the year 2015.

Furthermore, Dividends are expected to be paid out, i.e. a deduction on the balance sheet.

Retained Earnings on the 2015 budgeted balance sheet = Beginning Balance + Expected Net Income - Expected Dividend

=533,500+112,000-40,000

=$605,500

7 0

3 years ago

The publisher of an economics textbook finds that, when the book's price is lowered from $70 to $60, sales rise from 10,000 to 1

ankoles [38]

Answer:

Price elasticity of demand = 2.6

Explanation:

Given:

Old price (P0) = $70

New price (P1) = $60

Old sales (Q0) = 10,000 units

New sales (Q1) = 15,000 units

Computation of Price elasticity of demand(e):

Midpoint method

$e=\frac{\frac{Q1-Q0}{\frac{Q1+Q0}{2} } }{\frac{P1-P0}{\frac{P1+P0}{2} } }$

By putting the value:

$e=\frac{\frac{10,000-15,000}{\frac{10,000+15,000}{2} } }{\frac{60-70}{\frac{60+70}{2} } }\\e=\frac{\frac{-5,000}{\frac{25,000}{2} } }{\frac{-10}{\frac{130}{2} } }\\$

$e=\frac{\frac{-5,000}{12,500} }{\frac{-10}{65} }$

e = 2.6

7 0

3 years ago

EMD Corporation manufactures two products, Product S and Product W. Product W is of fairly recent origin, having been developed

Julli [10]

Answer:

Explanation:

Direct labour hours work during the period:

Product S=72,400 units×1 hour=72,400 hours

Product W=18,100 units × 3 hours=54,300 hours

Total labour hours=126,700 hour

Predetermined overhead rate=$958,396/126,700 =7.56 per hour

Unit product cost of S = Direct Material cost + Direct labour cost + Overhead = 12+16+7.56*1 = $35.56

Unit product cost of W = Direct Material cost + Direct labour cost + Overhead = 34+13+7.56*3 = $69.68

4 0

2 years ago

What is brand personality​

What is brand personality