a search good is a product that: is not yet available, but consumer desires for it are known. is produced with rare or hard-to-find inputs. is difficult to locate, so it takes time to find it. can easily be evaluated before purchase.
Answers
A search good is a product or service that has characteristics than can easily be looked up and evaluated before it is being purchased.
An economic phenomenon known as a search good is a product or service with a value that can be determined before any sales transaction. Due to the ability to compare and contrast the item's value with prices at other sales outlets, it is a product that gives consumers some leverage. By employing a bait-and-switch strategy, retailers can take advantage of a search good by persuading customers to upgrade to a different product after being enticed to do so by advertisements. Examining the experience good, a search good's counterpart, may be the best way to comprehend it. The value of this product is not immediately apparent prior to purchase, to use another economic term.
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Related Questions
1)A sales tax is imposed on the sellers of gasoline. This tax shifts
A the supply of gasoline curve rightward.
B.the demand for gasoline curve leftward.
C.the supply of gasoline curve leftward.
D.both the supply curve of gasoline and demand curve for gasoline leftward.
Answers
This tax shifts the supply of gasoline curve leftward. Therefore, the correct answer is C. the supply of gasoline curve leftward.
A sales tax is imposed on the sellers of gasoline.
This tax shifts the supply of gasoline curve leftward.What is a sales tax?A sales tax is a tax that is imposed on goods and services at the point of sale.
The amount of sales tax owed by the consumer is based on the cost of the item. It is a type of indirect tax, which means that it is not directly levied on the individual who pays it, but rather on the seller who collects it.
Shifting of the supply and demand curvesThe introduction of a sales tax on a good or service results in a shift in either the supply curve or the demand curve.
In this case, a sales tax is imposed on the sellers of gasoline. This tax shifts the supply of gasoline curve leftward. Therefore, the correct answer is C. the supply of gasoline curve leftward.
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here is 20 points cause you earned it king/queen
Answers
Which of the following related to South African Breweries (SAB) PLC is not accurate? A) SAB had a commanding 98 percent share of the beer market. B) None of its brands had the same status as Heineken or Guinness. C) The company's brands were popular among the "echo boom" generation in the United States. D) Most of its brands, which include Castle Lager, were sold on regional basis. E) The company owned more than 100 breweries in 24 countries.
Answers
The inaccurate statement regarding South African Breweries (SAB) PLC is: C) The company's brands were popular among the "echo boom" generation in the United States.
This statement is not accurate as there is no information provided in the given options to suggest whether SAB's brands were popular among the "echo boom" generation in the United States or not.The other options provide information about SAB's market share, brand status, regional sales, and global presence. Option A) states that SAB had a commanding 98 percent share of the beer market, which suggests its strong position in the industry. Option B) states that none of its brands had the same status as Heineken or Guinness, indicating that SAB's brands may not have achieved the same level of recognition or prestige as these well-known brands. Option D) mentions that most of its brands, including Castle Lager, were sold on a regional basis, indicating a regional focus rather than global distribution. Lastly, option E) states that the company owned more than 100 breweries in 24 countries, highlighting its extensive global presence.
However, without any supporting information or context provided regarding the popularity of SAB's brands among the "echo boom" generation in the United States, it cannot be determined whether statement C) is accurate or not.
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Chegg which of the five major sources of cost advantage contributed to the tata nano being the world’s least expensive car?
Answers
The Nano is the least expensive production car in the world. Cost saving features include: no power steering, a 2 cylinder engine, no airbags, and 3 lug nuts 4 . Cooperating especially well with suppliers 5 . Getting inputs from low cost locations.
Tata's tiny little car, the Tata Nano , is no longer billed as the cheapest car in the world. Online Motors Jason , senior editor at his magazine , recently received e-commerce giant Alibaba's "4 Wheels Electric Mobility Scooter" in a box. Car prices he $930-$1200.
The Tata Nano has become the cheapest car in the world thanks to the economical engineering and innovation of the designers at Tata Motors. They built cars that fit in small frames, and despite their low price, safety was not compromised.
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how existing businesses changed the way they operate to keep afloat during the lockdown periods.
Answers
Answer:
Combine speed and stabilityTurn digitization into an advantageDrive systemic change through cooperationExplanation:
Office companies moving to at home working
Shops creating online shops
What are the benefits temporary employment offer employers?
Answers
1. They usually don't have to pay for thr insurance of the worker.
2. They can generally sack the worker out when there is no work.
3. The workers don't generally get pensions.
to my brother jayjay
Answers
hahahahahhaha
that is very funny i am laughing so hard i am crying
reference is macmillan learning achieve macroeconomics
1. If the frictional rate of unemployment is 1%, the structural rate of unemployment is 2.1%, and the total unemployment rate is 7%, then we can conclude that:
A) the cyclical rate of unemployment is 3.1%.
B) 7% of workers in the labor force are underemployed.
C) the economic growth rate is –7%.
D) the equilibrium rate of unemployment is 3.1%.
Answers
The correct option is D. It is the natural rate of unemployment at the long-run equilibrium. It is 3.1%. It is the sum of frictional unemployment and structural unemployment only.
Unemployment and the popularity of the economy may be influenced by the aid of a country through, for example, monetary policy. moreover, the economic authority of a country, including the valuable bank, can affect the provision and value of cash via its economic coverage.
Further to theories of unemployment, some categorizations of unemployment are used for more exactly modeling the results of unemployment inside the monetary machine. a number of the principal varieties of unemployment consist of structural unemployment, frictional unemployment, cyclical unemployment, involuntary unemployment, and classical unemployment. Structural unemployment focuses on foundational troubles inside the economy and inefficiencies inherent in exertions markets, which include a mismatch among the delivery and call for workers with important ability units. Structural arguments emphasize reasons and answers associated with disruptive technology and globalization.
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Explain the concept of market and market identification.
Identify communications channels used in sales promotion.
Explain types of advertising media.
Describe effective advertising layouts.
Write copy for advertisements.
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Copywriting for advertisements should be concise and to the point, utilize descriptive language, use active voice, include an attention-grabbing headline, and provide a clear call-to-action.
What is Copywriting?Copywriting is the practice of crafting words and phrases in order to create promotional materials that are designed to sell products or services. It requires a great deal of creativity and an ability to write in an engaging and persuasive manner. Copywriting involves researching, understanding the target audience, creating attention-grabbing headlines and crafting persuasive copy to persuade readers to take action. It is an essential part of the marketing process and can be used to effectively reach potential customers and increase sales. Copywriters use a variety of techniques to create effective copy, such as using powerful words, creating vivid imagery, and making use of persuasive language. Copywriters must be able to understand the needs of their target audience, create compelling headlines and body copy, and be able to effectively target the right people. In addition, copywriters must be able to measure the success of their copy and make adjustments based on the results.
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Tell me 3 characteristics of money?
Answers
1.) durability
2.) acceptability
3.) scarcity
4.) portability
5.)divisibility
6.)uniformity
choose any three u want! :)
Characteristics of Money.
Answer:
(a) Divisibility
(b) Limited supply
(c) Durability
More:
(d) Portability
(e) Acceptability
(f) Uniformity
These are the characteristics of money.
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Benjamin obtained a loan of $22,500 at 5.5% compounded monthly.
How long (rounded up to the next payment period) would it take to
settle the loan with payments of $2,810 at the end of every
month?
Answers
It would take Benjamin 11 months to pay back the loan if he makes monthly payments of $2,810 at the end of every month.
Benjamin obtained a loan of $22,500 at 5.5% compounded monthly. He wishes to know how long it would take to pay back the loan if he makes monthly payments of $2,810. The payments are made at the end of each month. We are expected to determine the period it would take to settle the loan if the monthly payments are $2,810.
Because Benjamin is making monthly payments, the interest rate would also be calculated monthly.
Thus, we have
r = 5.5%/12 = 0.00458.
Also, the present value (PV) is $22,500, and the monthly payment (PMT) is $2,810.
We would need to determine the number of months it would take to pay back the loan. To achieve this, we would make use of the formula for the period (n) in the formula for the present value of an annuity.
The formula is given as:
n = -log(1- PV * r / PMT) / log(1+r)
=> n= -log(1- PV * r / PMT) / log(1+r)
=> n = -log(1- 22500 * 0.00458 / 2810) / log(1+0.00458)
=> n = 10.21 months,
rounded up to the next payment period ≈ 11 months.
Therefore, it would take Benjamin 11 months to pay back the loan if he makes monthly payments of $2,810 at the end of every month.
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if a firm finds that at its current level of employment vmp w it will
Answers
If a firm finds that at its current level of employment, the VMP (value of the marginal product) is equal to the wage rate, it means that the firm is paying its workers exactly what they are worth to the company.
In other words, the marginal revenue produced by the last worker hired is equal to the cost of hiring that worker, which is the wage rate. If the VMP is higher than the wage rate, it means that the firm could increase its profits by hiring more workers. This is because the marginal revenue produced by each additional worker is greater than the cost of hiring them. On the other hand, if the VMP is lower than the wage rate, it means that the firm is overpaying its workers and could increase its profits by reducing the number of workers or lowering their wages. The relationship between VMP and the wage rate is crucial for a firm to optimize its profits. It must ensure that it is paying its workers a wage that reflects their contribution to the firm's output. If it finds that the current level of employment is not producing the desired VMP, it may need to adjust its hiring or wage policies to improve its profitability.
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Walgreens has had rapid growth in their store openings. Many times, they have stores within just a few blocks of each other. This is an example of Walgreens practicingA) retail format development.B) diversification growth.C) market penetration.D) market expansion.E) market divestment.
Answers
The practice of Walgreens opening stores within close proximity to each other is an example of market penetration. Market penetration is a growth strategy that involves increasing market share within an existing market or product category. Option C
In this case, Walgreens is targeting the same market and product category (pharmaceuticals and convenience items) but is expanding its reach by opening multiple stores in a concentrated area.
This strategy allows Walgreens to saturate the market, creating a dominant presence in the area and potentially attracting more customers due to convenience and accessibility. Additionally, having multiple stores in close proximity to each other allows for better inventory management and distribution efficiency.
Retail format development refers to the creation of new store formats or concepts, which is not the case with Walgreens. Diversification growth involves entering new markets or product categories, which is also not applicable here. Market expansion refers to expanding into new markets, while market divestment involves withdrawing from a market or product category, neither of which applies to Walgreens' situation.
In summary, Walgreens' rapid growth in store openings in close proximity to each other is an example of market penetration, a growth strategy that involves increasing market share within an existing market or product category.
Option C.
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On July 10, 2020, Shamrock Music sold CDs to retailers on account and recorded sales revenue of $740,000 (cost $621,600). Shamrock grants the right to return CDs that do not sell in 3 months following delivery. Past experience indicates that the normal return rate is 15%. By October 11,2020 , retailers returned CDs to Shamrock and were granted credit of $85,500. Prepare Shamrock's journal entries to record (a) the sale on July 10, 2020, and (b) $85,500 of returns on October 11, 2020, and on October 31, 2020. Assume that Shamrock prepares financial statement on October 31, 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No entry" for the account titles and enter 0 for the amounts.)
Answers
Journal Entries:
(a) July 10, 2020 - Sale of CDs to retailers on account:
Date: July 10, 2020
Account: Accounts Receivable
Debit: $740,000
Account: Sales Revenue
Credit: $740,000
Explanation:
On July 10, 2020, Shamrock Music made a sale of CDs to retailers on account. The total sales revenue recorded for the CDs sold was $740,000. As a result, the Accounts Receivable account is debited for $740,000 to recognize the increase in the company's accounts receivable from the retailers. Simultaneously, the Sales Revenue account is credited for $740,000 to record the revenue generated from the sale.
(b) October 11, 2020 - Returns of CDs by retailers:
Date: October 11, 2020
Account: Sales Returns and Allowances
Debit: $85,500
Account: Accounts Receivable
Credit: $85,500
Explanation:
On October 11, 2020, retailers returned CDs to Shamrock Music. As per the terms of the agreement, Shamrock grants the right to return CDs within 3 months if they remain unsold. The retailers were granted a credit of $85,500 for the returned CDs. To record these returns, the Sales Returns and Allowances account is debited for $85,500 to reduce the sales revenue previously recognized. Simultaneously, the Accounts Receivable account is credited for $85,500 to decrease the amount owed by the retailers.
Since the financial statements are prepared on October 31, 2020, no additional journal entry is required for the returns made after October 11, 2020.
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A future-interest gift requires that a gift return be filed regardless of the value of the gift.
T/F
Answers
The correct option is False.
A future-interest gift does not require the filing of a gift return unless the value of the gift exceeds the annual exclusion amount set by the Internal Revenue Service (IRS). The annual exclusion amount is the maximum value of gifts that an individual can give to another person without triggering gift tax consequences. As of 2021, the annual exclusion amount is $15,000 per recipient.
If the value of the future-interest gift is below the annual exclusion amount, there is no requirement to file a gift return. However, if the value exceeds the annual exclusion amount, the donor is required to file a gift tax return to report the gift and potentially pay gift tax on the excess amount.
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estaurant sales had peeked, so it started selling frozen dinners in grocery stores under the akira chinese name. this is an example of
Answers
Diversification of product line by a restaurant by selling frozen dinners in grocery stores under a different brand name.
This is an example of diversification, which is a business strategy where a company enters a new market or develops a new product to expand its business operations. In this case, the restaurant has diversified its product line by selling frozen dinners in grocery stores under a different brand name. By doing so, the restaurant has opened up a new revenue stream and expanded its customer base. This strategy can be beneficial for businesses as it allows them to reduce their dependence on a single product or market and provides an opportunity for growth. However, diversification can also be risky as it requires significant investment and can take time to generate returns. It is important for businesses to carefully assess the potential benefits and risks before implementing a diversification strategy.
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Under what type of marketing situation does kliptech operate?
Answers
A natural monopoly is a monopoly in an industry in which high infrastructural costs and other barriers to entry relative to the size of the market give the largest supplier in an industry, often the first supplier in a market, an overwhelming advantage over potential competitors.
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3. The following figures for a business are available:
$
June 1, 2019
Stock
Creditors
Debtors
Stock
Creditors
Debtors
May 31, 2020
11,590
3,410
5,670
13,425
4,126
6,108
Year to May 31, 2020
Received from debtors
Paid to creditors
45,112
29,375
All goods were bought or sold on credit.
Required:
Draw up the trading account for the year May 31, 2020, deducting any figures that may
be needed.
Answers
Answer:
what's the question....
Explanation:
If you are interviewed by more than one person, you should send a thank-you note to _____.
each person in the interview
each person you see in the building
the first person you are introduced to
the person who is obviously leading the interview
Answers
Answer:
option A is correct.
i.e.
each person in the interview.
Explanation:
Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.
Research shows that children who engage in as little as 21 minutes of independent reading per day a. show an advanced understanding of infinitive phrases. b. learn about 5 new words each day. c. show substantial gains in intelligence scores. d. are exposed to nearly 2 million words per year.
Answers
d. Children who engage in as little as 21 minutes of independent reading per day are exposed to nearly 2 million words per year.
The research shows that reading is crucial to vocabulary development and that children who read independently on a regular basis are exposed to a greater variety of words and language patterns. By reading for just 21 minutes a day, children can be exposed to nearly 2 million words per year, which can significantly boost their language and literacy skills. This exposure can help children expand their vocabulary, improve their reading comprehension, and ultimately achieve greater academic success. Additionally, the habit of reading can lead to a lifelong love of learning and personal growth.
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For the current year ended March 31, Cosgrove Company expects fixed costs of $516,000, unit variable cost of $61, and a unit selling price of $91.
a. Compute the anticipated break-even sales (units). units
b. Compute the sales (units) required to realize operating income of $120,000. units Sales Mix and Break-Even Sales Dragon. Sports Inc. manufactures and sells two products, baseball bats and baseball gloves. The fixed costs are $655,200, and the sales mix is 40% bats and 60% gloves. The unit selling price and the unit variable cost for each product are as follows:
a. Compute the break-even sales (units) for the overall enterprise product, E. units
b. How many units of each product, baseball bats and baseball gloves, would be sold at the break-even point?
Answers
Cosgrove Company's anticipated break-even sales are 17,200 units. To achieve a $120,000 operating income, 21,200 units must be sold. These calculations help assess profitability and cost coverage.
a. To compute the anticipated break-even sales (units), we can use the formula:
Break-even Sales (units) = Fixed Costs / Contribution Margin per Unit
The contribution margin per unit is calculated by subtracting the unit variable cost from the unit selling price.
Contribution Margin per Unit = Unit Selling Price - Unit Variable Cost
= $91 - $61
= $30
Substituting the values into the formula:
Break-even Sales (units) = $516,000 / $30
= 17,200 units
Therefore, the anticipated break-even sales in units is 17,200 units.
b. To compute the sales (units) required to realize an operating income of $120,000, we can use the formula:
Sales (units) = (Fixed Costs + Operating Income) / Contribution Margin per Unit
Substituting the values into the formula:
Sales (units) = ($516,000 + $120,000) / $30
= $636,000 / $30
= 21,200 units
Therefore, the sales required to realize an operating income of $120,000 is 21,200 units.
For the second question about the sales mix and break-even sales of Dragon Sports Inc., I would need the unit selling prices and unit variable costs for baseball bats and baseball gloves to provide an accurate answer.
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At an open house a listing broker greets a customer. The broker can do all of the following EXCEPT
A) Answer general, publicly advertised questions about the property
B) Be truthful when asked about property defects
C) Negotiate sale terms with the customer
D) Allow them to walk around the property
Answers
At an open house, a listing broker greets a customer. The broker can do all of the following EXCEPT negotiate sale terms with the customer. The correct option is C.
A listing broker at an open house can answer general, publicly advertised questions about the property (option A), be truthful when asked about property defects (option B), and allow potential customers to walk around the property (option D). However, negotiating sale terms with the customer is typically the responsibility of the buyer's agent or the seller's agent, rather than the listing broker. The listing broker's main role is to market the property, provide information, and facilitate potential buyers' viewing of the property.
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Describe where you are in life right now. What makes you most excited about where you are now? What questions do you have, and what are you worried about????
Answers
Answer:
I'm in my lowest point tbh my family is stressed, mom and dad don't care about me, can't help me with school, and we are pretty much broke
I am exited about having a bf this year
When am I going to find peace in my life and when will my parents care about me again?
I am worried I will have to live on my own soon and I'm not ready yet ;(
Explanation:
this is gonna be weird but thank you for asking this question
I feel a bit better already :)
April is worried that she is not a "good speller," so she plans to let the spelling
checker correct all her mistakes. What would be the most helpful advice for
April?
Answers
If Japan has a comparative advantage in the production of microchips,how would that affect their international trade?
Answers
Answer: countries would purchase microchips from japan because they are cheaper
Explanation:
Answer:
C countries with purchase microchips from Japan because they are cheaper.
Explanation: USATestprep
Sites like Kickstarter, GoFundMe, and Causes are all examples of what type of altruism?
Group of answer choices
Crowdfunding
Private foundations
Service Learning
Community Service
Answers
in deriving the aggregate demand curve from the aggregate expenditures model, a(n)in the price level shifts the aggregate expenditures schedule upward so that the new equilibrium gdp is higher than before the price level change.
Answers
An increase in the price level causes a shift in the aggregate expenditures schedule, leading to a higher equilibrium GDP.
The aggregate demand curve is derived from the aggregate expenditures model by analyzing the effects of changes in the price level on aggregate expenditures. An increase in the price level causes a shift in the aggregate expenditures schedule, leading to a higher equilibrium GDP. This shift is referred to as a positive price level shock. The positive price level shock increases the overall level of prices in the economy, leading to an increase in consumption, investment, government spending, and net exports. As a result, the aggregate demand curve shifts to the right, indicating a higher level of aggregate expenditures at each price level. This ultimately leads to a higher equilibrium GDP.
Total national output (Gross domestic product) is a financial proportion of the market worth of the relative multitude of conclusive labor and products created in a particular time span by a nation or nations. Gross domestic product is most frequently utilized by the public authority of a solitary country to quantify its monetary wellbeing.
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Which of the following is a disadvantage of recruiting current employees?
Sometimes viewed as unethical
O Limits opportunities for bringing new ideas to a company
O Training could be more extensive and costly
O Requires frequent updates of job openings
Answers
Answer:
O Limits opportunities for bringing new ideas to a company
Explanation:
Recruiting current employees is the sourcing of new workers from the current workforce. It is also known as internal recruitment. Recruiting of current employees contrasts with external recruitments where a business advertises for vacant positions to the general public.
Recruiting from internal sources denies the business an opportunity to get workers with different experiences. External workers bring new ideas and new experiences to a business.
heart been broke so many times..
Answers
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What does a management accountant need to do before he or she can take the exam to become a certified management accountant?
A. complete 60 hours of graduate coursework
B. Have two hours of professional experience
C. Complete 30 hours of graduate coursework
D. Have five years of professional experience
Answers
Answer:
Have Two Years of professional experience
Explanation:
looked it up