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SVETLANKA909090 [29]
2 years ago
3

When Sandy was growing up, her mother always took her to discount stores to buy all her clothing. As a result, Sandy continues t

o do all her shopping at discount stores as an adult. Which social variable of buying behavior does this scenario best illustrate?
Business
1 answer:
Brilliant_brown [7]2 years ago
6 0

Answer:

Sandy's buying behavior best illustrate the social variable known as Reference Groups

Explanation:

In business and marketing, a reference group comprises individuals who influence other peoples behaviors, opinions, beliefs and attitudes. In fact, they can influence how an individual makes a decision about what good and services to purchase as well as where to purchase it from.

In this case, Sandy's mother has in the course of her growing up years, become like one of those individuals in reference groups because she has influenced and made Sandy believe that buying from a discount store is the best bet. This explains why Sandy still shops at discount stores even though she is an adult and not being in the company of her mother.

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Your portfolio has a beta of 1.28. The portfolio consists of 35 percent U.S. Treasury bills, 31 percent Stock A, and 34 percent
Zarrin [17]

Answer:

2.85

Explanation:

U.S. Treasury bills are a risk-free asset, and thus have a beta of zero. Since Stock A has a risk-level equivalent to that of the overall market, its beta is one. Therefore, the beta for Stock B can be found by:

1.28=0.35\beta_{T}+0.31\beta_{A}+0.34\beta_{B}\\1.28 = 0.35*0+0.31*1+0.34\beta_{B}\\\beta_{B}=\frac{1.28-0.31}{0.34}\\ \beta_{B}=2.85

The beta of Stock B is 2.85.

6 0
2 years ago
Gerard has been offered a 4% interest rate on a $300,000 mortgage. His monthly mortgage payment would run about $950 per month.
AleksandrR [38]

Answer:

Down payment

Explanation:

Down payment is a initial cash outlay at the time of purchasing any capital intensive item (house, machinery, vehicles etc.) through lease or mortgage.

Down payment reduces the total amount of external financing required (Company financing the purchase) thus the down payment reduces the periodic installment and interest rate charge on the financing.

3 0
2 years ago
Midwest Fastener Supply stock is expected to return 16 percent in a booming economy, 12 percent in a normal economy, and −3 perc
Anit [1.1K]

Answer:

11.28%

Explanation:

Midwest fastener stock is expected to have a 16% booming economy

12% normal economy

-3% recession economy

The probability of an economic boom is 12%

The probability of a normal state is 80%

The probability of a recession is 8%

Therefore, the expected rate of return can be calculated as follows

= (return in booming economy×probability of boom economy)+(return in normal economy × probability of normal economy)+(return in recession economy×probability of recession economy)

= (16%+12%)+(12%+80%)+(-3%+8%)

= 192%+960%+(-24%)

= 192%+960%-24%

= 1,128%/100

= 11.28%

Hence the expected rate of return on the stock is 11.28%

5 0
2 years ago
In a department meeting, Jamira engages in a thoughtful dissent aimed at constructively challenging her manager, Shivana, to ret
kvasek [131]

Answer:

The correct answer is a) Constructive resistance.

Explanation:

Constructive Resistance is the ability of structural elements to withstand the efforts to which they are subjected without breaking. It depends on many factors among which the material used, its geometry and the type of union between the elements stand out.

6 0
2 years ago
Thom owes $7,400 on his credit card. The credit card carries an APR of 18.5 percent compounded monthly. If Thom makes monthly pa
slavikrds [6]

Answer:

it will take 44.79 months for him to pay off the credit card assuming that he makes no additional charges

Explanation:

NPER(18.5%/12,-230,7400)=44.79 months

3 0
2 years ago
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