A firm's target market best represents the consumer group sought by a retailer. It refers to the specific group of consumers that the retailer is trying to reach and serve with their products or services.
This includes demographics such as age, gender, income, and geographic location, as well as psychographics such as interests, values, and lifestyle. By identifying and understanding their target market, a retailer can tailor their marketing strategies and product offerings to meet the needs and preferences of their ideal customers.
This can lead to increased sales, customer loyalty, and a stronger brand image. The number of retail stores a retailer has in any one area may impact their target market, but it is not the defining factor.
To know more about products,refer to the link:
https://brainly.com/question/22852400#
#SPJ11
How do banks make money off of the credit they issue
Answer:
The primary way that banks make money is interest from credit card accounts. When a cardholder fails to repay their entire balance in a given month, interest fees are charged to the account. ... When a retailer accepts a credit card payment, a percentage of the sale goes to the card's issuing ban
Explanation:
Teams have better communication than other workers because they get to
a. Know each other better
b. Attend commurication seminars
C. Earn extra benetits packages
d. Use better telephones
Locate an online tool/app or download a budget template from the Internet and practice creating a budget for yourself. Remember to follow the budgeting steps. How did you do? When done, answer the following questions: (1) Are there any ways to increase your income? For example, selling items you no longer use? (2) Are there ways to further reduce expenses each month? (3) What are your savings goals per month?
Answer:
Hope it helps
Explanation:
Step 1: Note your net income
The first step in creating a budget is to identify the amount of money you have coming in. Keep in mind, however, that it’s easy to overestimate what you can afford if you think of your total salary as what you have to spend. Remember to subtract your deductions for Social Security, taxes, 401(k) and flexible spending account allocations when creating a budget worksheet. Your final take-home pay is called net income, and that is the number you should use when creating a budget.
If you work freelance or part-time, we’ve put together some tips for managing irregular income.
Tip: If you have a hobby or a talent, you may be able to find a way to supplement your income. Having an extra source of income can also be helpful if you ever lose your job.
Step 2: Track your spending
It’s helpful to keep track of and categorize your spending so you know where you can make adjustments. Doing so will help you identify what you are spending the most money on and where it might be easiest to cut back.
Begin by listing all your fixed expenses. These are regular monthly bills such as rent or mortgage, utilities or car payments. It’s unlikely you’ll be able to cut back on these, but knowing how much of your monthly income they take up can be helpful.
Next list all your variable expenses—those that may change from month to month such as groceries, gas and entertainment. This is an area where you might find opportunities to cut back. Credit card and bank statements are a good place to start since they often itemize or categorize your monthly expenditures.
Tip: Record your daily spending with anything that’s handy—a pen and paper, an app or your smartphone. You can use this spending and budgeting tool if you have an account with Bank of America.
Step 3: Set your goals
Before you start sifting through the information you’ve tracked, make a list of all the financial goals you want to accomplish in the short-and long-term. Short-term goals should take no longer than a year to achieve. Long-term goals, such as saving for retirement or your child’s education, may take years to reach. Remember, your goals don’t have to be set in stone, but identifying your priorities before you start planning a budget will help. For example, it may be easier to cut spending if you know your short-term goal is to reduce credit card debt.
Step 4: Make a plan
Use the variable and fixed expenses you compiled to help you get a sense of what you’ll spend in the coming months. With your fixed expenses, you can predict fairly accurately how much you’ll have to budget for. Use your past spending habits as a guide when trying to predict your variable expenses.
You might choose to break down your expenses even further, between things you need to have and things you want to have. For instance, if you drive to work every day, gasoline probably counts as a need. A monthly music subscription, however, may count as a want. This difference becomes important when it’s time to make adjustments.
Step 5: Adjust your habits if necessary
Once you’ve done all this, you have what you need to complete your budget. Having documented your income and spending, you can start to see where you have money left over or where you can cut back so that you have money to put toward your goals.
Want-to-have expenses are the first area to look for spending cuts. Can you skip movie night in favor of a movie at home? Try adjusting the numbers you’ve tracked to see how much money that frees up. If you’ve already adjusted your spending on wants, evaluate your spending on needs. You may need internet at home, but do you need the fastest available?
Lastly, if the numbers still aren’t adding up, you can look at adjusting your fixed expenses. Doing so will be much more difficult and require greater discipline, but on close inspection a “need” may just be a “hard to part with.” Such decisions come with big trade-offs, so make sure you carefully weigh your options.
Tip: Small savings can add up to a lot of money, so don’t overlook the little stuff. You might be surprised at how much extra money you accumulate by making one minor adjustment at a time.
Step 6: Keep checking in
It’s important that you review your budget on a regular basis to be sure you are staying on track. You can also compare your monthly expenses to those of people similar to you. Few elements of your budget are set in stone: You may get a raise, your expenses may increase or you may have reached your goal and want to plan for a new one. Whatever the reason, keep checking in with your budget following the steps above.
Why is it important for o evaluate your advertising campaign when it is complete?
Answer:
A well-documented evaluation of your campaign builds credibility and respect. It helps determine if your ads are hitting the target audience, and what are their opinions and feedback on it.
Explanation:
The evaluation of your advertisement campaign helps in enhancing transparency and the report showcases the achievements you have attained during this and also helps showcase the entire campaign to every key stakeholder. It helps in building trust across the various departments in the company and enables them to measure the strengths and weaknesses of the campaign, in order to adjust for future campaign drives.
Which action best completes the diagram showing how the federal budget is
created?
Executive agencies submit budget requests.
Congress debates and finalizes the budget.
Congress returns the budget to the president.
The president signs the spending bill into law.
O A. The president signs a temporary budget into law.
OB. The president submits a budget plan to Congress.
O C. The president removes discretionary agending.
OD. The president reviews the budget with the Supreme Court.
The president sumits a budget plan to congress is correct.
The action that best completes the diagram showing how the federal budget is created is "The president submits a budget plan to Congress." Thus, the correct option is B.
What is the federal budget?The federal budget is a plan for how the US government will spend its money over the course of a year. It is created through a process that involves both the executive and legislative branches of government, with the president submitting a budget plan to Congress and Congress finalizing the budget through a series of debates and negotiations.
Once the budget is finalized, the president signs the spending bill into law. This budget authorizes government spending for the fiscal year, which begins on October 1st of each year and ends on September 30th of the following year.
Learn more about federal budget, here:
https://brainly.com/question/25670333
#SPJ5
advertising designed to look like editorial content in a magazine is known as ______.
Advertising designed to look like editorial content in a magazine is known as native advertising.
Native advertising is a form of advertising that blends in with the surrounding editorial content and is meant to provide a seamless experience for the reader. This type of advertising is becoming increasingly popular due to the rise of ad-blocking software and the need for advertisers to reach their target audience in a less intrusive way.
However, it is important for publishers and advertisers to clearly label native advertising as such to avoid deceiving readers into thinking it is actual editorial content.
Native advertising can take many forms, such as sponsored articles, videos, and social media posts, and can be found in various media outlets including magazines, newspapers, and online platforms.
To know more about native advertising visit:
https://brainly.com/question/31663698
#SPJ11
Higher credit ratings are associated with more
trust. This means that higher credit ratings are
also associated with what?
A. lower inflation rates
B. lower interest rates
C. lower unemployment rates
Answer: B. lower interest rates
Explanation:
A higher credit rating means that the person can be more trusted not to default on their payment. As a result, the person can be said to be less risky to borrow to.
This would lead to a lower interest rate because a significant portion of interest rate is based on risk. The risk that a person might not pay back a loan adds to the interest rate charged so if this risk is low, the interest rate will be low.
When setting prices of products, businesses want to make sure they can
cover their costs and make
A. a markup
B. an allowance
C. a discount
D. a profit
Answer:
When setting prices of products, businesses want to make sure they can cover their costs and make:
D. a profit
The setting prices of products, businesses want to make sure they can cover their costs and make a profit. Thus, option (d) is correct.
What is businesses?The term “business” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.
The business is the main motive for earning the profit. Businesses are increasing productivity as a result of rising profits. From the location to the facilities such as medical facilities, proper furniture, employee liberty of work, training, internet facilities, and furniture, etc., businesses are improving. The cost plus extra amount is called the profit.
As a result, in the setting prices of products, businesses want to make sure they can cover their costs and make a profit. Therefore, option (d) is correct.
Learn more about on businesses, here:
https://brainly.com/question/15826604
#SPJ2
Michelle needs to view and delete macros in a document. Which steps should she follow to perform this action?
Under the Developer tab, click the Macros button in the Code group, select the macro to delete, and press Delete.
What is the Macros button?
An alternative to keystrokes is the macro key. A key sequence is a set of keyboard, mouse, or menu operations connected to a command. Moreover, a program can be easily launched by pressing the macro key.
Michelle should follow these steps -
Open the document where the macros are located.
Click on the Developer tab.
In the Code group, click the Macros button.
A dialog box will appear, displaying the list of macros in the document.
Select the macro that needs to be deleted.
Press the Delete button.
It's worth noting that the other options are not correct steps. Pressing Alt+F8 will bring up the Macro dialog box, but it won't allow to delete macros. Pressing Alt+F11 will open the Visual Basic Editor, but it won't allow to delete macros either.
Learn more about the Macros button
brainly.com/question/9542812
#SPJ1
assume sony uses a periodic inventory system. beginning inventory on january 1 was understated by $30,800, and its ending inventory on december 31 was understated by $15,400. in addition, a purchase of merchandise costing $21,700 was incorrectly recorded as a $2,170 purchase. none of these errors were discovered until the next year. as a result, sony's cost of goods sold for this year was:
The cost of goods sold for Sony is overstated by $55,930 due to the inventory errors and incorrect recording of purchases.
Beginning inventory understatement by $30,800, ending inventory understatement by $15,400, and incorrect recording of a purchase by $19,530 ($21,700 - $2,170) all result in an overstatement of inventory.
This overstatement of inventory leads to an understatement of cost of goods sold by the same amount, which in this case is $55,930 ($30,800 + $15,400 + $19,530). Therefore, Sony's cost of goods sold for the year is overstated by $55,930 due to the inventory errors and incorrect recording of purchases.
For more questions like Inventory click the link below:
https://brainly.com/question/28916857
#SPJ11
Question'A common theme among examples of market failure is some item of value does not have an owner with the legal authority to control it the good being provided always harms society in some systematic way cost-benefit analysis is likely to lead to implementation policies that promote private provision of goods and services there are regulations that prohibit the efficient functioning of private markets
Government intervention may be necessary to correct the inefficiencies and ensure that resources are allocated efficiently.
A common theme among examples of market failure is the existence of some item of value that does not have an owner with the legal authority to control it. This can lead to situations where the good being provided always harms society in some systematic way.
Cost-benefit analysis is likely to lead to the implementation of policies that promote the private provision of goods and services. There are also regulations that prohibit the efficient functioning of private markets. These can include price floors or ceilings, quantity controls, and licensing requirements.
Market failure is a situation where the allocation of goods and services by a free market is not efficient. It can occur due to a variety of reasons, such as externalities, public goods, market power, and incomplete information. In such cases, government intervention may be necessary to correct the inefficiencies and ensure that resources are allocated efficiently.
For more such questions on allocated efficiently.
brainly.com/question/30551704
#SPJ11
1. Assume that Alice wants to send Bob a message with the confidence that Bob will know the message was not altered while in transit. What goal of cryptography is Alice trying to achieve? And how can it be achieved?
Alice is trying to achieve the goal of ensuring message integrity through cryptography. Message integrity ensures that the message remains intact and has not been altered during transit.
To achieve message integrity, Alice can use a cryptographic technique called message authentication codes (MACs) or digital signatures.
Message Authentication Codes (MACs): Alice can generate a MAC for the message using a symmetric key shared with Bob. The MAC is a small piece of data generated using a cryptographic hash function and the shared key. Alice appends the MAC to the message before sending it to Bob. Upon receiving the message, Bob recalculates the MAC using the same key and verifies that it matches the MAC sent by Alice. If the MACs match, Bob can be confident that the message has not been tampered with.
Digital Signatures: Alternatively, Alice can use digital signatures, which provide message integrity along with authentication. Alice generates a digital signature for the message using her private key (part of a public-private key pair). The signature is unique to the message and provides a cryptographic proof of its integrity. Alice sends both the message and the digital signature to Bob. Upon receiving the message, Bob uses Alice's public key to verify the signature's authenticity and integrity. If the signature is valid, Bob can be confident that the message is unaltered and originated from Alice.
Both MACs and digital signatures provide cryptographic mechanisms to achieve message integrity and assure Bob that the message has not been modified during transit. The choice between MACs and digital signatures depends on the specific requirements and security context of the communication scenario.
To know more about cryptography here
https://brainly.com/question/88001
#SPJ11
What is one way Kanbans are used in SAFe?
1. To manage runway cadence
2. To manage queue length
3. To manage Program Increment (PI) Objectives
4. To manage nonfunctional requirements (NFRs) in the backlog
A way that Kanbans are used in SAFeis 2. To manage queue length.
What exactly is kanban?Kanban is a well-known framework for implementing agile and DevOps software development. It necessitates real-time capacity communication and complete transparency of work. Work items are visually represented on a kanban board, allowing team members to see the status of all work at any time.
Kanban systems are the primary mechanism for achieving SAFe Principle
They are used to visualize and limit work in progress (WIP), reduce batch sizes, and manage queue length, as well as the Lean concept of flow. These systems offer numerous advantages: Increase visibility into current and upcoming work and gain a better understanding of the work flow.
Learn more about Kanban on:
https://brainly.com/question/17228531
#SPJ1
Data were collected on the amount spent by customers for lunch at a major houston restaurant. These data are contained in the file houston. Based upon past studies the population standard deviation is known with.
The margin of error is 1.93 and the confidence interval is (19.59,23.45)
a.
Sample of customers = 64,
Population standard deviation = 6 and
Confidence level = 99%
Thus, from the data
Sample mean= 21.52
Standard error of the mean = 0.75
Determining the Z-value as per the table -
= 2.5758
Interval half width= 1.9319
Thus, the margin of error at a 99% confidence interval is 1.93 from the output.
b.
Confidence interval
Interval upper limit= 19.59
Interval lower limit= 23.45
From the output, the 99% confidence interval will be - (19.59, 23.45)
ME = 23.45 - 19.59/2
= 3.86/2
= 1.93
Complete Question
Data were collected on the amount spent by 64 customers for lunch at a major Houston restaurant. These data are contained in the file named Houston. Based upon past studies the population standard deviation is known with = $6. Round your answers to two decimal places.
a. At 99% confidence, what is the margin of error?
b. Develop a 99% confidence interval estimate of the mean amount spent for lunch.
Read more about the margin of error on:
https://brainly.com/question/15691460
#SPJ4
During her lunch break one afternoon, alison set a goal of completing all required trainings in the next 90 days by taking two trainings a week. What is she doing?.
She is planning
Planning strategically. Strategic plans are all about the reasons why certain things must occur, according to Story.Planning for contingencies and tactical actions
What are the initial three steps in a proper organization's planning process?It's crucial to review key measures that will position you and your business for success before you start the strategic planning process.
Decide on your strategic stance.Set priorities for your goals.Create a plan, then carry it out and manage it.Examine and update the plan.Types of planning
operational, preparation, Motivational speaker for CEOs Mack Story stated on LinkedIn that operational strategies are about how things should proceed. ...
Planning strategically. Strategic plans are all about the reasons why certain things must occur, according to Story.Planning for contingencies and tactical actions
To learn more about Planning refer to:
https://brainly.com/question/25453419
#SPJ4
Concertville is hosting a series of outdoor concerts in the park. The concert series will cost the city $1,250 to host. City officials expect the concert series to draw a crowd of 250 people, 50 of whom will free ride. Based on this information, how much should city officials charge for the concert series in order to cover the $1,250 expense
The amount the city officials should charge for the concert series is $6.25.
What is the free rider problem?The free rider problem is a form of market failure that occurs when people benefit from a good or service but do not pay to enjoy the service.
The amount to be charged = expense / people who do not free ride
1250 / (250 - 50) = $6.25
To learn more about free riders, please check: https://brainly.com/question/6968258
After an interview, you are told that the company is unsure of when a decision will be made. Because you have some time and want to make the best impression, what advice should you follow when writing a thank-you letter to your interviewer
Answer:
I will appreciate the job interview I do my best to make you a proud over me
The chart shows that ________ of entrepreneurs who created business plans grew their business, while _______ of those who did not complete business plans grew their business.
The chart shows that a higher percentage of entrepreneurs who created business plans grew their business compared to those who did not complete business plans.
According to the chart, the data indicates a positive correlation between creating a business plan and business growth. The specific percentages mentioned in the chart will determine the extent of the difference. Entrepreneurs who took the time to develop a comprehensive business plan likely had a clearer vision, strategy, and roadmap for their business. This structured approach enabled them to make informed decisions, identify potential challenges, and take advantage of opportunities. By outlining their goals, target market, competitive analysis, financial projections, and marketing strategies, entrepreneurs with business plans may have been better equipped to navigate the complexities of running a business.
On the other hand, entrepreneurs who did not complete business plans may have faced a higher level of uncertainty, making it more difficult to make informed decisions or effectively respond to changing market conditions. However, it is essential to consider other factors and variables that could have influenced business growth, as the chart does not provide a complete understanding of the underlying causes and dynamics at play.
Learn more about Entrepreneurs here
https://brainly.com/question/31010585
#SPJ11
the standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual production are as follows: standard costs line item description value fixed overhead (based on 10,000 hours) 3 hours per unit at $0.80 per hour variable overhead 3 hours per unit at $2.00 per hour actual costs total variable cost, $18,000 total fixed cost, $8,000 the variable factory overhead controllable variance is
The variable factory overhead controllable variance for the production of 2,500 units is $3,000 unfavorable, indicating a potential for inefficiencies in the production process that should be addressed by management to improve cost control.
The variable factory overhead controllable variance measures the difference between the actual variable overhead costs incurred and the standard variable overhead costs allowed based on the actual output. In this case, the total variable cost for actual production is given as $18,000, and the standard variable overhead cost per unit is $2.00 per hour for 3 hours per unit or $6.00 per unit.
To calculate the variable factory overhead controllable variance, we first need to determine the standard variable overhead costs for the actual production of 2,500 units. The standard variable overhead cost per unit is $6.00, so the total standard variable overhead cost for 2,500 units is $15,000 (2,500 x $6.00).
Next, we can calculate the variable factory overhead controllable variance as the difference between the total actual variable overhead cost and the total standard variable overhead cost:
Variable factory overhead controllable variance = Total actual variable overhead cost - Total standard variable overhead cost
= $18,000 - $15,000
= $3,000 unfavorable
A negative or unfavorable variance means that the actual variable overhead costs are higher than the standard variable overhead costs allowed. This suggests that there may be inefficiencies or wastages in the production process, which could be due to factors such as poor planning, inefficient use of materials or resources, or excessive downtime. It is important for management to investigate and address the causes of unfavorable variances to improve production efficiency and reduce costs.
To learn more about factory overhead
https://brainly.com/question/27213373
#SPJ4
who takes music class
I use to take music class
Answer:
I do
Explanation:
for her graduation dinner, kelsey has selected a full-service restaurant with affordable prices. what type of dining establishment did kelsey most likely select? question 2 options: fast food casual dining buffet dining ethnic dining
Casual dining would establishment did kelsey most likely select. Thus, option B is correct.
As Kelsey is looking for something that is with affordable prices and gives her all the services she should opt for a casual restraunts. Casual dining also termed to be an relaxed eatery offers full-administration feasting, where visitors are situated and looked out for by the server staff. Yet, not at all like more conventional lounge areas, relaxed eateries give spacious, open seating and a laid-back climate. with reasonable cost.
Therefore, option B is correct.
Learn more about Casual dining, here:
https://brainly.com/question/29869684
#SPJ1
How do I record on windows computer
Explanation:
Navigate to the screen you wish to record and press Win+G to open Game Bar. Several Game Bar widgets appear on the screen with controls for capturing screenshots, recording video and audio, and broadcasting your screen activity. Click the Start Recording button to capture your screen activity.
Answer:
you'd need to download software for recording. as far as i know windows doesnt have built in recording capabilities. are you looking at screen recording or just sound?
Explanation:
if the price level is higher than expected, firms might raise their production in the short run if
If the price level is higher than expected, firms may raise their production in the short run in order to take advantage of the higher prices and increase their profits. This is because the higher prices provide firms with more revenue than they had anticipated, and they may want to increase their output in order to capture as much of this additional revenue as possible.
However, if the increase in production is greater than the increase in demand, firms may find themselves with excess supply and lower prices. This can lead to lower profits and may encourage firms to cut back on their production in the short run in order to stabilize their operations.
Overall, the decision to raise production in the short run in response to a higher price level will depend on a variety of factors, including the degree of excess demand or supply in the market, the costs of producing additional output, and the firm's overall profit goals.
Learn more about price level
https://brainly.com/question/30101673
#SPJ4
Josefa left school at 3.20pm and reached home at 4.00pm .how much time did he take to reach home? A.20 minutes. B.40 minutes. C.30 minutes. D.80 minutes.
What is an example of a mixed market economy?
It United States is used as an illustration of a mix market economy in the statement.
What defines an economy?Any economy is a collection of interdependent processes of creation and consumption that actually determine whether resources are split within a community. The interests that persons who live there and conduct business there are met by creation & consumption of items and services in general.
What are examples of economy?The well example about an economy is the that has, which leverages a nation's customs as history to influence the creation & sale of merchandise. A traditional economy's major cornerstones are agriculture, fishing, and hunting.
To know more about economy visit:
brainly.com/question/14906312
#SPJ4
Please help for brainliest
Answer:
C balance
Explanation:
it shows balance when you withdraw money
Barry Olson has mastered strong technical skills as the manager of a large toy store. He is very skilled at all the aspects of managing the store and the employees of the store. Soon, he will take a new position as regional manager for several toy stores. His boss remarked to him last week that he will be utilizing his _____ skills to communicate, coach, and motivate managers who have positions similar to his old position.
Answer:
human
Explanation:
Human skills are the skills that can be related to one another. The person who have the strong human skills that could easily engaged with the audience, potential customer. ALso at the same time they would able to connect with the people and those people who feel the individual at personally level
So as per the given situation it is a human skills
Countercyclical discretionary fiscal policy calls for.
Government spending should be increased during times of economic recession and decreased during times of economic prosperity, according to the countercyclical discretionary fiscal policy. Here option B is the correct answer.
Countercyclical discretionary fiscal policy refers to the use of government spending and taxation policies to stabilize the economy over the business cycle. It involves increasing government spending during times of economic contraction and decreasing it during periods of economic expansion. The goal is to smooth out the fluctuations in economic activity, reducing the severity of recessions and inflationary pressures.
During times of economic contraction, when output and employment are declining, countercyclical discretionary fiscal policy calls for increased government spending to boost demand and stimulate economic activity. This can take the form of direct spending on public works programs, transfer payments to households, or tax cuts to increase disposable income.
Conversely, during periods of economic expansion when the economy is growing rapidly and there is a risk of inflation, countercyclical discretionary fiscal policy calls for reduced government spending to curb demand and prevent overheating. This can involve cutting government programs or raising taxes to reduce disposable income and moderate spending.
To learn more about fiscal policy
https://brainly.com/question/27250647
#SPJ4
Complete question:
The countercyclical discretionary fiscal policy calls for.
A) Increasing government spending during periods of economic expansion and decreasing it during periods of economic contraction.
B) Increasing government spending during periods of economic contraction and decreasing it during periods of economic expansion.
C) Keeping government spending constant during periods of economic expansion and contraction.
D) Implementing a fixed level of government spending regardless of economic conditions.
EXAMPLE 1: invests $500 at a simple
interest rate of 6%. How much interest will he earn in
one month? In six months? In one year?
a risk-averse consumer may wish to try the newest product that the market has to offer. (True or False)
The statement "a risk-averse consumer may wish to try the newest product that the market has to offer" is False.What is a consumer?A consumer is a person or entity that consumes or uses goods and services to satisfy their needs and wants.
An individual who acquires goods and services for personal use is referred to as a consumer.What is a product?A product is an item that has the potential to satisfy the needs or desires of a consumer. A product can be a good or service, which are tangible or intangible, respectively.What is Risk-averse?Risk-averse is a term used to describe an individual or entity that is hesitant to take risks. When consumers consider whether to buy a product, they consider the possible benefits and drawbacks. They often examine the risks, and they may avoid new products that have little prior exposure or few reviews.Risk-averse consumers are typically drawn to products that have been extensively tested, reviewed, and endorsed by others. They prefer to stick with tried-and-true goods and services that have been tested and found to be effective. A risk-averse consumer, therefore, would not be interested in trying the latest product that the market has to offer.ConclusionA risk-averse consumer would not want to try the newest product on the market, as they prefer to stick with tried-and-true goods and services that have been tested and found to be effective. Therefore, the statement "a risk-averse consumer may wish to try the newest product that the market has to offer" is false.
To Learn more about risk-averse Click this!
brainly.com/question/32522644
#SPJ11