Answer and Explanation:
Old equipment=2.5 mins per serving bowl
New equipment=1.5 mins per serving bowl
With old equipment, in one hour Eddy Jones can produce 60/2.5= 24 serving bowls
With new equipment, in one hour Eddy Jones can produce 60/1.5= 40 serving bowls
With old equipment, in 8 hours Eddy Jones can produce 24*8=192 serving bowls
With new equipment, in 8 hours Eddy Jones can produce 40*8=320 serving bowls
Therefore in 8 hours with new equipment Eddy Jones will produce 320-192= 128 more serving bowls than with old equipment.
Answer:
The VALS framework examines the intersection of psychology, demographics, and lifestyles.
Explanation:
The VALS system (Values and Lifestyles), arose from the need to explain the changes that American society presented in the 1960s. This classification, developed by the Stanford Research Institute, is based on the concept that people throughout their lives go through different stages, and each stage affects their attitudes, behavior and psychological needs. This system, related to purchasing behavior, establishes in general terms that people are grouped into three basic consumer orientations:
-Principle-oriented consumers. They buy taking into account "how the world should be".
-Consumers oriented by status; They base their purchases on the opinions and attitudes of other people.
-Action oriented consumers; These consumers base their purchase decisions on the activity, variety and risk.
In turn, each of these groups acquires other dimensions based on the level of income, health, education and self-confidence.
<span>Role
Role expectations is what we are expected to do based on certain assigned role. This is taken from the social and psychological concept of Role Theory. Which says each thing we do is according to specific roles that have already been carved out and we act out according to the expectations of such role for example the duties and obligations of a wife to a husband or that of a father to his children</span>
Answer:
The correct answer is letter "B": Consumer's buying power.
Explanation:
The consumer's buying power is the total amount of money the customer has to acquire goods or services whether out of cash, checking accounts or credit cards that the person possesses. It is the value of money in terms of the capacity it could buy at a specific time.
In the example, Amelia's buying power was reduced since she forgot her credit card at home being that the reason why she purchased lesser clothing than usual.
