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jeka94
2 years ago
9

Erica wants to replace her old washing machine with a new one. In order to get the maximum value for her money, she plans to spe

nd substantial time and effort in gathering information and making product comparisons before making the actual purchase. In this instance, Erica is planning to buy a(n) ________ product. Group of answer choicesA) convenienceB) unsoughtC) specialtyD) shoppingE) exclusive
Business
1 answer:
Makovka662 [10]2 years ago
3 0

Answer:

D. shopping

Explanation:

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Price discrimination is the practice of charging different prices for the same product that are not justified by cost difference
Sergeu [11.5K]

Answer:

<h2>Because firms in a perfectly competitive market does not have any price making ability or market power,they are not able to engage in any price discrimination.Hence,the correct answer is  the last option or True,because perfectly competitive firms have no market power.</h2>

Explanation:

In Microeconomics,perfectly competitive markets are characterized by many buyers and sellers in which the sellers and firms usually sell homogeneous or identical products.Now,as there are many firms in the market and no barriers to entry for new firms into the market,the market competition or rivalry is high and hence,no single firm has the ability to determine and manipulate the market price according to their own economic advantage because if any firm tries to do so,it will loose significant market share as most customers would move to other sellers/firms charging lower price or regular market price.Therefore,the market price is fixed in the perfectly competitive market as the firms do not have price making or market power.Consequently,they are not able to charge different prices to different customers according to their maximum willingness to pay or differences in price preferences.

3 0
2 years ago
The key characteristic of organizational culture that addresses the degree to which people exhibit integrity and high ethical st
attashe74 [19]

Answer:

Integrity

Explanation:

Organizational culture consists of shared assumptions, values, and beliefs, which governs how people behave in organizations. These values determines how people behave in an organizational settings and there are different characteristics ranging from innovation, teamwork, stability etc. The main one that addresses degree people exhibit integrity and high ethical standards is Integrity.

8 0
2 years ago
Dishwasher’s Delights plows back 70.00% of its earnings to take on projects that earn the firm a rate of return of 14.00%. Dishw
inna [77]

Answer:

= 9.80%

Explanation:

Plowback ratio fundamental analysis ratio that measures how much earnings are retained after dividends are paid out.

The expected growth rate equals the return on equity times the plowback ratio:  

We can use the relationship g = ROE × b to find the plowback ratio.

= 14.00% × 0.70 = 9.80%

5 0
2 years ago
Read 2 more answers
Identify the sales promotion technique based on the given scenario. Tara’s company has launched a new perfume. The company recen
Anestetic [448]

Loyalty Points From the Customers.

Explanation:

The company is trying to have loyalty points by reducing the gap between the customer and the organisation.

1. Since Tara's company has received bad publicity they are trying to improve as through various sales promotion techniques the customers perception towards the company and its product would change.

2. This would have a win-win situation at both the end. The Business would create not only monitory profits by also have loyal customers that are satisfies at the other end.

3 0
1 year ago
Justin signed a finance agreement for his recent purchase.what is the collateral for his loan?
gayaneshka [121]

Answer:

According to the guarantees, the following types of loans can be distinguished:

-Loans with personal guarantee.

-Loans with real collateral.

-Home-backed loans.

Explanation:

The loans with personal guarantee the borrower recognizes the whole of his patrimony, be it the goods and the present and future rights in a general way. In the case of loans with collateral, a specific asset or right is together with the payment of the loan in the event that the borrower cannot pay the obligations contracted.

The fundamental modality is that of loans with a mortgage guarantee, in which the guarantee is a property. In this way, the loan installments are not met. The mortgage, which to be acts as a burden that is associated with the property, in such a way that, if someone obtains the property on which they have a mortgage, they could lose their property if the debt is not paid.

3 0
2 years ago
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