Wizards are step-by-step guides for tasks in application software

Suppose the state of Wyoming passes a law that increases the tax on cigarettes. As aresult, smokers who live in Wyoming start pu

fomenos

Answer:

a. People respond to incentives.

Explanation:

Assuming the state of Wyoming passes a law that increases the tax on cigarettes thereby causing smokers who live in Wyoming to start purchasing their cigarettes in surrounding states.

Consequently, an increase in the tax on cigarettes altered the behavior of the smokers in Wyoming, it made them to purchase from neighboring states.

This illustrates or reflect the fact that people respond to incentives.

6 0

4 years ago

"A client receives a $150 gift card from a broker-dealer for giving a testimonial about her highly positive experience with her

netineya [11]

Answer:

Explanation:

In a scenario such as this one, the broker-dealer is not required to disclose whether any guarantee of growth was made by the representative to induce the giving of the testimonial. This is backed by the FINRA rule on testimonials used in communications which states the following:

“Retail communications or correspondence providing any testimonial concerning the investment advice or investment performance of a member or its products must prominently disclose the following:

The fact that the testimonial may not be representative of the experience of other customers.
The fact that the testimonial is no guarantee of future performance or success.
If more than $100 in value is paid for the testimonial, the fact that it is a paid testimonial.”

5 0

3 years ago

When a firm manufactures a product and is uncertain about whether customers will want to buy its products, that firm is experien

Lady_Fox [76]

Answer: Risk taking

Explanation:

The risk taking function is one of the most important function in the marketing as it manage all the losses and also the failure potential in the marketing.

The risk taking function includes the product development, experience of the user or consumers, distribution and the promotion in the market.

According to the given question, a manufacturer organization is uncertain about the product that whether the consumers want the product or not so that is why the organization is experiencing the risk taking function in the market.

The following are some types of risk in terms of marketing that are:

Product risk
Operation risk
Price risk
Sales risk

3 0

3 years ago

A foodborne pathogen that can cause meningitis is _____.

jekas [21]

Answer:

C. Listeria monocytogenes

Explanation:

Meningitis is an infectious disease caused by the infection of meninges by virus or bacterial. This can lead to confusion, vomiting, depression etc.

When food that has been contaminated by a pathogen called listeria monocytogenes is consumed, it can develop into meningitis. Meningitis can be treated and controlled by the use of antibiotics, and in some cases the combination of two or more types may be required depending on the nature of infection.

7 0

3 years ago

Peter Billington Stereo, Inc. Supplies car radios to auto manufacturers and is going to open a new plant. The company is undecid

nevsk [136]

Answer:

Peter Billington Stereo, Inc.

A. Based on the analysis of the volume after rounding the numbers to the nearest number, Dallas is best below and Detroit is best above 70,000 radios.

B. With Dallas's fixed costs increased by 10%, Dallas is best below and Detroit is best above 56,000 radios.

Explanation:

Identify total costs at various volumes as follows:

Total costs, TC = Variable Cost, VC + Fixed Cost, FC

At 14,000 units:

a) Dallas' TC = VC = $28 x 14,000 + $560,000 = $952,000

b) Dallas' TC with 10% increase in FC = $28 x 14,000 + $616,000 = $1,008,000

c) Detroit's TC = $24 x 14,000 + $840,000 = $1,176,000

At 56,000 units:

a) Dallas' TC = $28 x 56,000 + $560,000 = $2,128,000

b) Dallas' TC with 10% increase in FC = $28 x 56,000 + $616,000 = $2,184,000

c) Detroit's TC = $24 x 56,000 + $840,000 = $2,184,000

At 67,200 units:

a) Dallas' TC = $28 x 67,200 + $560,000 = $2,441,600

b) Dallas' TC with 10% increase in FC = $28 x 67,200 + $616,000 = $2,497,600

c) Detroit's TC = $24 x 67,200 + $840,000 = $2,452,800

At 70,000 units:

a) Dallas' TC = $28 x 70,000 + $560,000 = $2,520,000

b) Dallas' TC with 10% increase in FC = $28 x 70,000 + $616,000 = $2,576,000

c) Detroit's TC = $24 x 70,000 + $840,000 = $2,520,000

At 153,993 units:

a)Dallas' TC = $28 x 153,993 + $560,000 = $4,871,804

b) Dallas' TC with 10% increase in FC = $28 x 153,933 + $616,000 = $4,927,804

c) Detroit's TC = $24 x 53,993 + $840,000 = $4,535,832

5 0

3 years ago