Alright, well look like this:
Public goods are goods that are open to anyone. They can’t turn down customers, and they can’t turn down even people who don’t pay.
Excludable goods means the people CAN turn away those who don’t pay. So, this is wrong.
Goods for a profit means that no matter what, they make money. Meaning those who can’t pay can still be turned away.
Privately owned goods can be turned away to and from anyone. This is also wrong.
Nonexcludable goods means that ANYONE can use this good or service, they aren’t for profit, they are non-rivalrous, etc. This is your answer.
<span>~Hope this helps!</span>
Marketing research is the process of planning, collecting, and analyzing data relevant to a marketing decision. The results of this analysis are then communicated to management.
<h3>What is m
arketing research?</h3>
Market research, also known as "marketing research" is the process of determining the viability of a new service or product through research conducted directly with potential customers.
Market research allows a company to discover the target market and get opinions and other feedback from consumers about their interest in the product or service.
This type of research can be conducted in-house, by the company itself, or by a third-party company that specializes in market research. It can be done through surveys, product testing, and focus groups.
Test subjects are usually compensated with product samples or paid a small stipend for their time. Market research is a critical component in the research and development (R&D) of a new product or service.
To learn more about marketing research, refer
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Answer:
c. skimming pricing
Explanation:
Based on the information provided within the question it can be said that in this scenario Xerox was using a skimming pricing strategy to help recover the cost of its research and development. This is a pricing strategy in which the company places a really high initial price for it's new product, but then goes lowering the price as time passes. This also makes individuals believe that they are getting a bargain when prices begin to drop and decide to buy more.
Answer:
See below
Explanation:
The donation will increase the assets and the owners' equity. Land and building are assets. An increase in assets is debited.
Donations received are equivalent to 'income' to the business. They add to equity. An increase in equity/capital accounts is credited.
The journal entry will be
Land A/c DR. $39,000
Building A/c DR.$395,000
Donations received A/c CR.$434,000
