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2 years ago

Products that consumers a regularly without spending much effort on thinking about them are?

Business

2 answers:

vitfil [10]2 years ago

8 0

Answer: Convenience, Shopping, Speciality and Unsought

Explanation: Next time please be more specific Thanks

makkiz [27]2 years ago

4 0

Shopping would be an answer

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A global organization headquartered in London that represents over 200 consumer groups in more than 100 nations is called: Multi

romanna [79]

Answer:

Consumer international

Explanation:

Consumer international is am organisation that have members that are consumer groups around the world.

Presently they have members of 250 consumer groups in 120 countries around the world.

The headquarters not the organisation is in London. While it has branches in Latin America, Asia Pacific, Africa, and the Middle East.

They focus on consumer protection. Ensuring that member groups get the best products at the cheapest rates

5 0

3 years ago

In a competitive market, the quantity of a product produced and the price of the product are determined by:

almond37 [142]

Answer:

All buyers and sellers

Explanation:

A competitive market is a market where there are lots of producers who produces goods and service hence compete with one another with a view to providing and supplying goods and services that suits the needs of consumers.

In a competitive market, there are no barriers to entry and exit. Also, there are many buyers and sellers, hence there is adequate information about the price of a product. There are also no cost attached to transactions, undifferentiated products and both buyers and sellers determines the quantity of a product produced and the price of the product.

4 0

3 years ago

What does the graph show about the relationship between a product and its price?

polet [3.4K]

Answer:

The correct answer is: As the interest in a product goes up, the price goes up.

Explanation:

Increasing interest and thus increasing demand leads to increased demand for a particular good or service. In this respect, as production remains constant, the increased demand for goods or services pressures the supply of this good or service, culminating in its price increase.

8 0

3 years ago

Read 2 more answers

Outputs of a purchasing process normally might include all of the following except: __________

Tatiana [17]

Answer: the answer is D

Explanation:

4 0

3 years ago

In its first month of operation, Sheffield Corp. purchased 230 units of inventory for $9, then 330 units for $10, and finally 27

Llana [10]

Answer:

If the company uses FIFO, the gross income will increase by $500.

Explanation:

Giving the following information:

Purchases:

230 units of inventory for $9

330 units for $10

270 units for $11

At the end of the month, 310 units remained.

The difference in gross profit is in the cost of goods sold. First, we will determine the number of units sold:

Units sold= total units - ending inventory

Units sold= 830 - 310

Units sold= 520

The FIFO method uses the cost of the firsts units incorporated into inventory. The LIFO method uses the cost of the lasts units incorporated into inventory.

FIFO:

COGS= 230*9 + 290*10= $4,970

LIFO:

COGS= 270*11 + 250*10= $5,470

Difference= 5,470 - 4,970= $500

If the company uses FIFO, the gross income will increase by $500.

6 0

3 years ago