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Kay [80]
2 years ago
5

Winter Cool Mints is a new brand of breath fresheners. The company knows product location is very important since consumers desi

re to buy this type product with a minimum of effort. Winter Cool Mints represent aa. shopping good.b. specialty good.c. convenience good.d. industrial good.
Business
1 answer:
Damm [24]2 years ago
4 0

Answer:

C) convenience good

Explanation:

Convenience goods are goods that customers buy very frequently, with minimal consideration and effort. They are usually inexpensive goods that are mass produced and mass marketed. Examples pf convenience goods includes gasoline, candies, toilet paper, most groceries, magazines, etc.

Usually supermarkets or grocery stores arrange candies near the checkout line and tempt customers into buying them. Convenience products (e.g. candies, cold drinks, magazines, batteries) are neatly located and easily available while you are standing in line, and they are also the most profitable products that they sell.

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You are a pricing analyst for QuantCrunch Corporation, a company that recently spent $15,000 to develop a statistical software p
sukhopar [10]

Answer:

Explanation:

Base on the scenario been described in the question

First strategy (per-unit price strategy):

According to the given information the demand function is given as:

Economics homework question answer, step 1, image 1

So, the price function can be rewrite as:

Economics homework question answer, step 1, image 2

The firm maximizes the profit at where the marginal revenue (MR) is equal to marginal cost (MC). The MR can be calculated as follows:

Economics homework question answer, step 2, image 1

Since MC is given as 1000, the profit maximization level of quantity can be calculated as follows:

Economics homework question answer, step 3, image 1

Thus, the quantity is 50.

In order to calculate the profit maximizing level of price, substitute the value of Q in price function as follows:

Economics homework question answer, step 3, image 2

Thus, the price is $1250.

8 0
2 years ago
The efforts of employees who work directly to convert direct materials into the finished product are referred to as ______
Alex_Xolod [135]

Answer:

Direct labor

Explanation:

The role of direct labor is to convert direct material into the finished products. Without the help of direct labor, it is impossible to convert the direct material into the finished goods.

Here, the direct material means the labor which works on manufacturing a product which is directly related to the production level. The allocation of direct labor is done based on the number of hours worked or product.

Hence, The efforts of employees who work directly to convert direct materials into the finished product are referred to as direct labor

7 0
2 years ago
The county government released $100,000 as an appropriation for a counseling program for at-risk teenagers. The program should r
Kipish [7]

Answer:

Number of teenagers= 100 teenager

Explanation:

Giving the following information:

The county government released $100,000 as an appropriation for a counseling program for at-risk teenagers. The variable costs for the program are $400 per teenager per year. Within the relevant range of 50 to 150 teenagers, the fixed costs for the program are $60,000.

First, we need to deduct the fixed costs that remain don't affect directly the teenagers.

Budget= 100,000 - 60,000= 40,000

Now, we can calculate the number of teenagers to attend:

Number of teenagers= 40,000/400= 100 teenagers

5 0
2 years ago
You pay $100 for a ticket to a basketball game. After three quarters, the visiting team has a 30-point lead.
valentina_108 [34]
True because noting ever adds in to it
5 0
2 years ago
Read 2 more answers
__________ is a specialized accounting book, where transactions are categorized according to type. for example, all utility tran
Margarita [4]
The ans is a balanced sheet it the only acounting document that categorizes data

6 0
2 years ago
Read 2 more answers
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