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pickupchik [31]
2 years ago
13

The overall sacrifice a consumer makes to acquire a product or service is known as

Business
1 answer:
brilliants [131]2 years ago
4 0

The overall sacrifice a consumer makes to acquire a product or service is known as <u>price</u>.

All the products and services offered in the market have a price, which is the money that the consumer or client must pay to complete the operation.

The price, at a conceptual level, expresses the value of the product or service in monetary terms and the overall sacrifice that the consumer must give to acquire said product or service.

  • Raw materials, production time, technological investment and competition in the market are some of the factors that influence price formation.

  • The increase in prices over time is known as inflation, while the opposite trend is called deflation.

Therefore, we can conclude that the overall sacrifice a consumer makes to acquire a product or service is known as price.

Learn more here: brainly.com/question/12435467

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You purchase a $30, nonrefundable ticket to a play at a local theater. Ten minutes into the show you realize that it is not a ve
Murljashka [212]

Answer:

1) You should go home and watch TV.

Explanation:

Since you value seeing the play $10, then you should leave the theater and go to your house to watch TV since that has a higher value for you ($12).

We are talking about opportunity costs here. Opportunity costs are the extra costs or benefits lost from choosing one activity or investment over another. In this case the opportunity costs are:

  • watch the play = $10
  • watch TV = $12
  • read a book = $8

Since watching TV is more valuable to you, then that is what you should be doing.  

3 0
3 years ago
What is a metric when it comes to data analysis? Please provide a definition.
kati45 [8]

Answer:

Metrics are the numbers you track, and analytics implies analyses and decision making. Metrics: What you measure to gauge performance or progress within a company or organization. Your most important metrics are your key performance indicators, or KPIs.

Explanation:

7 0
2 years ago
Obenve one urgent social problem in your Community &amp; conceptualise cocial Enterprise that can can solve the problem and make
atroni [7]

Correct question is-

Observe one urgent social problem in your Community & conceptualize social Enterprise that can can solve the problem and make at the same time.​

<u> What Is a Social Problem?</u>

A social problem is any condition or conduct that has negative consequences for large numbers of human beings and that is generally recognized as a condition or behavior that wishes to be addressed. This definition has both an objective component and a subjective thing.

<u>A current example is climate change: </u>

Although the overwhelming majority of climate scientists say that weather change (adjustments within the earth’s weather because of the accumulation of greenhouse gases inside the ecosystem) is actual and extreme, fewer than two-thirds of American citizens (64 percent) in a 2011 poll said they “think that global warming is occurring”

<u>Remedy of social problem-</u>

  • Reduce, Reuse, Recycle.
  • Reduce Waste.
  • Upcycle your Furniture.
  • Recycle your Clothes.
  • Bring your own Shopping Bags
  • Replace Regular Incandescent Light Bulb.
  • Buy Energy-Efficient Appliances.
  • Turn Off the Lights.

Learn more about social problem brainly.com/question/18501838

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8 0
1 year ago
At one time, the US government collected taxes only through___ taxes and imports. The ____ Amendment to the Constitution allowed
maks197457 [2]
The answers are C and B
5 0
3 years ago
Read 2 more answers
trade-oriented sales promotions are directed at . multiple choice question. customers that are unhappy with your brand and are c
Rudiy27

Trade-oriented sales promotions are directed at B. wholesalers, retailers, or distributors.

<h3>What are Trade-oriented sales promotions ?</h3>

Trade-oriented sales promotion programs are aimed at the company's dealer network to compel them to promote the company's brand more than competing brands. It is sometimes referred to as a "push strategy," and it is aimed at the dealer network in order to encourage them to promote the brand to customers by giving it precedence over competing products.

In order to encourage volume sales, it may take the form of a product display, an additional case for every five cases ordered, cash discounts or straight cash payments, or it may be used to support a price reduction for customers. This is why it is directed at wholesalers, retailers, or distributors.

Find out more on trade - oriented promotions at brainly.com/question/14293289

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6 0
1 year ago
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