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katovenus [111]
1 year ago
8

Nigel belongs to a wealthy family. He has always enjoyed trying out new gadgets and devices that are launched in the market. Sin

ce he is financially well-off, he likes to experiment with expensive products and is comfortable with the risks and uncertainties associated with these products. Based on this description, Nigel most likely belongs to the group of:
Business
1 answer:
Leya [2.2K]1 year ago
3 0

Incomplete question. The Options;

a. Candidates for elected office

b. Early majority

c. Technology diffusers

d. Innovators

Answer:

<u>b. Early majority</u>

<u>Explanation:</u>

Recall we are told that Nigel loves trying new tech and is <em>"financially well-off",</em> so he falls under the category of those who are termed early majority who quickly try/adopt new technologies.

Also, the early majority are usually<em> "comfortable with the risks and uncertainties associated with" </em>new tech products, thus they are less worried about not deriving value for their money.

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Zeffer is a small but growing bottling company that competes with large soft drink heavy-hitters. To set itself apart, Zeffer ha
Zanzabum

Answer:

Hispanic

Explanation:

In the United States Hispanic population has continued to be responsible for half of the total population growth since 2010 till date.

In this time Hispanics contributed 52% to the 18.9 million population growth in the United States.

Based on this trend Zeffer has decided to develop a line of all-natural soft drinks that are believed to be healthier than typical high-calorie sodas and targeting the Hispanic market will make their product popular rapidly.

3 0
2 years ago
Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month
Scrat [10]

Answer:

See explanations below

Explanation:

1. Overall contribution margin ratio of the company

= (Total contribution margin / Total sales ) × 100

= ( $113,400 / $162,000 ) × 100

= 70%

2 Company's overall break even point in dollar sales.

= Fixed expenses / Contribution margin ratio

= $82,530 / 70%

= $117,900

3. Contribution format income statement

Claim jumper

Sales $108,000/$162,000 = $0.67 × 100

= 67% × $117,900

= $78,993

Makeover

Sales $54,000/$162,000 = $0.33 × 100

= 33% × $117,900

= $38,907

Claim jumper

Variable expenses

= ($68,120 / $108,000) × $39,880

= $25,154

Makeover

Variable expenses

= ($45,280 / $54,000) × $8,720

= $7,312

• Variable expenses at the point of break even sales = (Break even sales / Original sales ) × Variable expense

7 0
2 years ago
When a government introduces regulations addressing worker safety and environmental protection, it affects businesses and consum
Masteriza [31]
When a government introduces regulations addressing worker safety and environmental protection, it affects businesses and consumers.Businesses face Higher cost because the must alter existing infrastructure to<span> meet regulations. As a result, consumers pay more for the same produced goods.

Hope this helps!</span>
6 0
1 year ago
Which method of international expansion causes the least amount of risk? multiple choice joint venture licensing wholly owned su
svetlana [45]
<span>Exporting has the least amount of risk. This is because the company is simply selling its wares to other businesses and consumers, without having to worry about licensing the product, getting permissions from other governments, or having to jump through loopholes to get the product in the hands of the intended audience.</span>
5 0
2 years ago
A manufacturing company has the following budgeted overhead costs: Indirect materials: $0.50 per unit; Utilities: $0.25 per unit
Darina [25.2K]

Answer:

Total overhead                       $

Indirect material ($0.5 x 200,000 units) = 100,000

Utilities ($0.25 x 200,000 units)             = 50,000

Supervisory salaries                                 = 60,000

Building rent                                              = 80,000

Total overhead                                             290,000

Overhead rate                = <u>Budgeted overhead</u>

                                           Budgeted direct labour hours

                                         = <u>$290,000</u>

                                              100,000 hours

                                         = $2.90 per direct labour hour

Explanation:

In this case, we need to obtain the total overhead, which is the total of indirect material, utilities, supervisory salaries and building rent.

Then, we will divide the total overhead by direct labour hours so as to determine the overhead rate.

8 0
2 years ago
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