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Sindrei [870]
3 years ago
5

Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others a

re called
Business
1 answer:
Tomtit [17]3 years ago
7 0

Products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called prestige products.

Prestige products are products that are of a high quality, high value and costly which are often purchased by people because of the benefit they will derived from it.

Most people tend to buy prestige products in order to increase their status in the society and they will often go for the product without minding how costly the product are.

Example of prestige product is buying a luxury car or items such as wrist watch that are very expensive.

Inconclusion products that cost a lot of money but that people buy anyway because of the status and exclusivity that they project to others are called prestige products.

Learn more about prestige products here: brainly.com/question/6374886

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which of the following is a benefit of a college education? A. You collect social security benefits at an earlier age than a hig
slega [8]

Answer:

The correct option is;

B. You have an increased chance of financial stability

Explanation:

The advantages of going to college includes;

1) College graduates make more salary on average

2) Holding a college degree improves career stability

3) Improved job satisfaction

4) Improved financial know how on savings and investment

5) Stable marital life

6) College graduate are able to be better citizens, by their willingness and ability to contribute meaningfully whenever a volunteer requirement

5 0
4 years ago
At a business meeting, mr. smith is asked his opinion about a company proposal to give bonuses to workers who go above and beyon
omeli [17]

At a business meeting, mr. smith is asked his opinion about a company proposal to give bonuses to workers who go above and beyond. mr. smith will be using what form of delivery?
8 0
3 years ago
Read 2 more answers
Problem 10-171 The following labor standards have been ... The following labor standards have been established for a particular
lozanna [386]

Answer:

Labour rate variance    $2,925 unfavorable

Explanation:

<em>The labour rate variance is the difference between the standard labour cost allowed for the actual hours worked and  the actual labor cost for the same hours</em>

                                                                               $

Standard labour cost ($19.70× 6500)                128,050

Actual labour cost                                               <u>130,975</u>    

Labour rate variance                                           <u> 2,925 unfavorable</u>

                                 

4 0
4 years ago
Distribution Corporation collects 35% of a month's sales in the month of sale, 45% in the month following sale, and 20% in the s
Alisiya [41]

Answer:

B. $183,000

Explanation:

Calculation to determine The amount of cash that will be collected in July is budgeted to be

Budgeted collection in July = July sales (190,000*35%) + June sales (210,000*45%) + May sales (110,000*20%)

Budgeted collection in July =$66,500 +$94,500 + $22,000

Budgeted collection in July=$183,000

Therefore The amount of cash that will be collected in July is budgeted to be $183,000

3 0
3 years ago
Hamilton Company reported an increase of $370,000 in its accounts receivable during the year 2018. The company's statement of ca
ki77a [65]

Answer:

amount of net sales =  $1370,000

so correct option is b. $1,370,000

Explanation:

given data

Increase in Accounts Receivable = $370,000

Cash Received = $1 million

to find out

amount of net sales

solution

we get here amount of net sales that is express as

amount of net sales = Cash Received + Increase in Accounts Receivable .............1

put here value we get

amount of net sales =  $1000000 + $370,000

amount of net sales =  $1370,000

so correct option is b. $1,370,000

6 0
4 years ago
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