Answer:
Persists because economic wants exceed available productive resources.
Explanation:
According to Lionel Robbins, Economics is the science which studies human behavior as a relationship between ends and scarce means which have alternative uses.
The problem of scarcity is that our wants are always beyond what we can produce with our resources.
Economics is the solution to this problem of what resources to use, how best to use them, and when to use them.
Because of this scarcity, all people have to make choices. When making choices, we assess the opportunity cost or the alternative forgone.
The opportunity cost of taking action is what we could have got if we had taken an alternative action.
Actually the role of complement products is to enhance the
satisfaction that is given with the other product. For example, the complement
of a loaf of bread would be peanut butter or a strawberry jam. The amount of
satisfaction is enhanced when eating bread with peanut butter. Therefore the
answer is:
<span>D. complements add value to a product when they are consumed
in tandem with it</span>
Answer:
This question is incomplete, the options are missing. The options are the following:
a) Information search
b) Prepurchase evaluation
c) Evaluation of alternatives
d) Evoked set determination
e) All of the above
And the correct answer is the option E: All of the above.
Explanation:
To begin with, the consumer decision process is the name that receives in the field of marketing a process that focus on the path the consumer has to go though in order to achieve a purchase. In that process there are many stages and in the beginning the consumer has to do a pre purchase evaluation in where he will have to obtain information from the products by doing a search and he will have to evaluate the alternatives so therefore that when Chet is thirsty and buys a Coke directly he is skipping all of those parts in the consumer decision process.
Answer:
$404,000
Explanation:
Overheads includes all indirect cost incurred to product the units to be sold. Indirect costs are those costs which are not directly traceable / attributable to the product. These cost are variable and fixed.
Time for each unit = 30 minutes = 0.5 hours
Budgeted production in November = Closing Inventory + Sales in November - Opening Inventory.
Budgeted production in November = (180,000 x 10% ) + 135,000 - 14,000 = 139,000
Budgeted production overhead Included all the variable and fixed overheads incurred to produce the budgeted production.
Variable overhead = 139,000 x 5 X 0.5 = $347,500
Total budgeted Overhead = $347,500 + $56,500 = $404,000
The answer is: C. application letter
Application letter should contain the statement that you feel would influence the employers to invite you to the interview. Generally, it would include things such as your brief background, your passion, how your skills would fit in to the company, etc.
