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Shtirlitz [24]
2 years ago
15

Products such as insurance, cemetery plots, and smoke detectors are examples of ________ goods that are products that the consum

er does not know about or does not normally think of buying.
Business
2 answers:
natka813 [3]2 years ago
8 0

<u>Full question: </u>

Products such as insurance, cemetery plots, and smoke detectors are examples of ________ that are products that the consumer does not know about or does not normally think of buying.

A) specialty goods

B) unsought goods

C) heterogeneous shopping goods

D) homogeneous shopping goods

E) convenience goods

<u>Answer:</u>

Products such as insurance, cemetery plots, and smoke detectors are examples of unsought goods that are products that the consumer does not know about or does not normally think of buying.

<u>Explanation:</u>

An unsought product is a product of which customers are uninformed or are not that involved in actively seeking the purchase. A high stage of buying, including massive publicity and competitive sales procedures, is frequently required due to customer unawareness of the commodity or no original wish to acquire it.

Another severe interference with an unsought product is that there is frequently no quick actual benefit concerned at marketing, and so, no excuse to obtain the purchase. Unsought product marketing and trading is a very tough task for yielders and retailers.

olya-2409 [2.1K]2 years ago
7 0

Products such as insurance, cemetery plots, and smoke detectors are examples of <u>unsought</u> goods that are products that the consumer does not know about or does not normally think of buying.

<u>Explanation:</u>

Unsought Goods are the goods that the customer doesn't think about or doesn't ordinarily consider purchasing, and the acquisition of which emerges because of peril or the dread of threat and absence of want.

The great instances of known however unsought merchandise are memorial service administrations, reference books, fire quenchers and reference books.

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Reggie owns and operates a cheese shop in the village of Somerset. Although Reggie has a degree in mechanical engineering and co
Artyom0805 [142]

Answer:

A. 27,000

B. 77,000

Explanation:

What is Reggie's accounting profit?

REVENUE - EXPENSES AND DEPRECIATION

90000-18000-6000-3000=63000

What is Reggie's economic profit?

REVENUE - EXPENSES AND DEPRECIATION - IMPLICIT COSTS

90000-18000-60000-3000-76000 = -13000

1) accounting profit = TR - explicit cost

= 90,000 - 63,000

= 27,000,

2) economic profit = TR - economic cost

= 90,000-(13,000)

= 77,000

3 0
2 years ago
Gershwin Wallcovering Inc. shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offe
vlada-n [284]

Answer:

d. Sales allowance.

Explanation:

Gershwin Wallcovering Inc. shipped the wrong shade of paint to a customer. The customer agreed to keep the paint upon being offered a 15% price reduction. The price reduction is an example of sales allowance. Sales allowance can be defined as the reduction or decrease in the price, charging less to the customer due to some negligence of the seller, issues with product, late delivery, delayed delivery, or wrong price tag and incorrect price charged. Sales allowance is being created when the buyer has been sent the bill, but before he or she pays for it. Same is the case which can be seen here in this case where Gershwin Wallcovering Inc. has shipped the wrong shade of paint to a customer and had to offer the sales allowance.

7 0
2 years ago
Thornton Industries began construction of a warehouse on July 1, 2021. The project was completed on March 31, 2022. No new loans
photoshop1234 [79]

Answer:

$4,320

Explanation:

The computation of the amount of interest capitalized for 2022 is shown below:-

The average interest rate based on the two interest-bearing liabilities

Total interest                   Total interest on

bearing liabilities        each outstanding liability

$2,000,000               $2,000,000 × 8% = $160,000

$8,000,000             $8,000,000 × 4% = $320,000

$10,000,000                                             $480,000

Average interest rate = $480,000 ÷ $10,000,000

= 0.048

or 4.8%

Average accumulated expenses in year 2022 = $540,000 × 2 ÷ 3

= $360,000

The amount of interest to be capitalized in year 2022

= $360,000 × 4.8% × 3 ÷ 12

= $4,320

The amount of interest to be capitalized in year 2022 = $4,320

5 0
2 years ago
Pastel Company operates in the following lines of business which management believes have distinguishable return and risk charac
SSSSS [86.1K]

Answer:

A) Entertainment, Lodging, and Services

Explanation:

Under Generally Accepted Accounting Principles (GAAP), you need to follow these rules to report segment data:

  • If at least 10% of revenues, profit or combined assets are under one segment.
  • And together with the above the total revenue must overcome the 75% of the entity.

                         Revenues Assets Rev/Assets

Food                        500          2.000   3%

Beverages               1.300   6.000    9%

Entertainment      2.500  10.000    14%

Lodging                       5.000  20.000    29%

Services                      22.000   28.000    41%

International                700             3.000     4%

                            32.000 69.000 100%

A) Entertainment, Lodging, and Services

  • Revenues 92% of total entity.
  • Assets 84% of total entity.

8 0
2 years ago
Changes in variables, such as income, cost of living, interest rates, and savings and borrowing patterns most likely reflect cha
Effectus [21]

Answer:

A. economic

Explanation:

Economic environment -

It consists of all the economic factors that can affect the economic market , consumers behavior , is referred to as the economic environment .

These factor are capable to alter any business .

Any changes in the monetary value , like cash , income , savings and interest rate can alter the economic environment as well .

Hence , from the given information of the question,

The correct option is A. economic environment .

3 0
2 years ago
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