If a buyer has an almost unlimited selection of products that are very difficult to differentiate between, this represents.

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Answer 1

Consumer choice occurs when a buyer has an almost unlimited selection of products that are very difficult to differentiate between.

What is Consumer Choice

Consumer choice refers to the aspect of microeconomics  that deals with the decisions  consumers make with regard to products and services.

     This involves how consumers decide which products to purchase or consume over time.

Factors affecting Consumer Choice

Psychological FactorsSocial Factors.Cultural factorsPersonal FactorsEconomic Factors

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Related Questions

Value is the cash value of an investment at some time in the.

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Future Value is known to be the cash value of an investment at some time in the Future.

What is Future value (FV)?

Future value (FV) is known to be the amount  of a current asset at a future date due to a form of an assumed rate of growth.

This kind of value is vital to investors and financial planners, as they often make use of it in the estimation of how much an investment made today will be of a good worth in the nearby future.

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What is the maximum number of days Selma can use the cottage before her expense deduction will be limited to her gross rental income?

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Answer: 14 days

Explanation:

Managers looking for advice on properly dealing with obsolete technology hardware can: Group of answer choices

Answers

There are lots of improve in technology. Managers looking for advice on properly dealing with obsolete technology hardware can consult the e-Stewards program.

What is obsolete hardware?

Obsolete is said to be a term that means  outdated computer hardware, software, technology, etc.

It means that they are no longer in use. Even though they are in working condition and they tend to be replaced by better technology. By consulting the e-Stewards program, suggestions will be given to you on how you should go about it.

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Technical skills that apply to the business at hand are most often necessary at.

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The area where technical skills are most often necessary is in the:

Lower levels of management

What is Management?

This refers to the organisation, handling and overall charge of a particular area of work.

With this in mind, we can see that technical skills are most often necessary in the lower levels of management in business as the require the ability to perform very specific tasks.

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Some promises do not support a bargained-for exchange and will not support contractual consideration. Such promises are called __________.

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The promises do not support a bargained-for exchange and will not support contractual consideration are called Contracts that are not supported by consideration.

What is bargained for exchange?

The act of bargained for exchange is known to be the exchange between parties that are said to be engage in a contract in that it often leads to an enforceable contract.

Note that Contracts that are not supported by consideration are said to be usually not enforceable.

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I NEED THIS NOW

Three key skills are necessary if you want to be a leader: ___________, ___________, and ___________.


A. interpersonal communication, problem solving, and organizational skills


B. organizational skills, teamwork, and problem solving


C. teamwork, conflict resolution, and athletic ability


D. teamwork, problem solving, and motivation

Answers

The three key skills that are necessary for a leader: interpersonal communication, problem solving, and organizational skills

Who is a leader?

A leader is someone who get things done through others. The leader in an organization directs the affairs hence would be held accountable for the success or otherwise of the organization.

Leaders need to have various skills that will contribute to the success of their leadership abilities. However, the basic ones are interpersonal communication, problem solving, and organizational skills.

Some other leadership skills are ;

Decisiveness, ability to make decisionsCapabilities to mentor as well to teachRelationship building strategyAbility to solve problemPerseverance

Hence, the three key skills that are necessary for a leader: interpersonal communication, problem solving, and organizational skills

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An organization may require high-quality data to avoid fines and penalties for non-conformance to regulatory requirements. True or false?.

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It is true that an organization may require high-quality data to eliminate charges such as fines and penalties for non-conformance to regulatory requirements.

What are non-conformance regulatory requirements?

Non-conformance regulatory requirements are defined as failing to fulfill one or more of ISO 9001's current standards.

Whenever a company found itself outside of regulatory bounds, it must address the issue before continuing operations.

However, It is true that an organization may require high-quality data to eliminate charges such as fines and penalties for non-conformance to regulatory requirements.

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Nick and Ethan would like to start a new business selling a product new to the United States. They have done a considerable amount of research on this product and think it would be successful. However, they are still concerned about the risk of a new venture and both would like to avoid losing any personal assets. They should organize their firm as a:___________

Answers

Nick and Ethan should organize their firm as a Corporation.

What is a corporation?

A corporation, is often known as a C corp. This is described as a kind of a legal entity that is said to be separate from all of its owners.

The Corporations is one that can make a profit, and they can be taxed, and also be held legally liable.

The Corporations is known to give a kind of the strongest protection to its owners from any kind of personal liability.

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Cage Company had net income of $353 million and average total assets of $2,010 million. Its return on assets (ROA) is:

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Based on the information given its return on assets (ROA) is: 17.56%.

Return on assets

Using this formula

Return on Assets = Net Income/Average Total Assets

Where:

Net Income=$353 million

Average Total Assets=$2,010 million

Let plug in the formula

Return on Assets = $353 million/$2,010 million×100

Return on Assets=17.56%

Inconclusion its return on assets (ROA) is: 17.56%.

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A ________ is a name, term, sign, symbol, design, or a combination of these, that identifies the maker or seller of a product or service. feature brand line extension package value chain

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Answer:

A __brand______ is a name, term, sign, symbol, design, or a combination of these, that identifies the maker or seller of a product or service. feature brand line extension package value chain

Explanation:

have a great day ahead ":)

Rosario and pamela work together. They are also friends outside of work. Rosario and pamela are constantly texting each other. Their supervisor comments that, while this might be fine outside of work, it’s inappropriate to constantly text each other in the office. This is an example of:.

Answers

The fact that Rosario and Pamela are co-workers but also friends outside of work corresponds to a context of interactions, which is a process of interaction between two people, which can occur in different ways.

Interpersonal comunication

It is defined as the exchange of information between two or more people through different channels and verbal or non-verbal signals.

In the workplace, therefore, interpersonal communication must occur in a professional and ethical way, so that there is maintenance of a strengthened organizational culture and based on cooperation.

The correct answer is:

Context os interactions

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A developer contracts to build a home according to the buyer's specifications. This is an example of which type of building?

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The example of building that's illustrated by the developer is a custom building.

What is a custom building?

It should be noted that a custom building simply means a building that's built based on what the owner wants.

In this case, since the developer contracts to build a home according to the buyer's specifications, it s an example of custom building.

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Determine the efficient market being discussed in each of the following situations.
1. PSE provided all the necessary informations needed by the traders both public and private in the price of stocks.
2. Ms. Kayecee is a regular trader of stocks in the market. Based on the data presented to her, stock prices reflected all past market trading and historical information only.
3. Under this theory, investors still cannot gain systematic profits even if they gather information that is not yet publicly known.
4. Mark, Michael and Marianne are activetly engaged in trading stocks. Based on the reflected stock prices information available include the product, management team, financial statement, competitors and industry.
5. One hundred traders attended the bidding for the newly offered shares. These traders had access on the past​

Answers

Answer:

1. Strong

2. Semi-strong

3. weak?

4. Strong

5. weak

Explanation:

Not sure about 3

Celebrate Corp. is an apparel company. After a slow start, it saw a steep rise in the number of its customers and a remarkable increase in its profits. However, with the launch of competing apparel manufacturers in the market, the profits of Celebrate have started declining. To sustain its growth in the market, the managers of Celebrate should _______.

Answers

To sustain its market growth, the managers of Celebrate Corp. should b. shift to aggressive brand advertising and open new branches.

What is aggressive brand advertising?

Aggressive brand advertising involves the use of provocative tactics to generate and capture the attention of the intended audience (customers).

Aggressive branding draws attention to itself by creatively depicting competitors in a bad light.


Answer Options:

a. suggest top management to reduce the number of employees in the company

b. shift to aggressive brand advertising and open new branches

c. distribute the company's products at limited outlets

d. focus on primary demand stimulation rather than advertising to the brand

Thus, to sustain its market growth, the managers of Celebrate Corp. should choose Option b.

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If a street address and a building name are included in an address, disregard a. none of these choices. b. both the street address and building name. c. the building name when determining filing order. d. the street address when determining filing order.

Answers

The thing which should be disregarded when trying to locate an address is:

d. the building name when determining filing order.

What is an Address?

This refers to a location where a person lives or where a place is found or situated and can easily be found.

With this in mind, we can see that when a person is trying to locate an address, it is important that he disregards the building name when determining filing order.

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Marketing to consumers based on research of the entire process consumers go through when making a purchase is known as _____

Answers

known as shopper marketing

Suppose as a result of a 5% increase in the price of pizza, the demand for soft drinks decreases by 1.1%. In this example, soft drinks and pizza are

Answers

Soft drinks and pizza are example of complement goods.

What are complement goods?

Complement goods are goods, where the price of one rises and as a result the demand for the other falls. This implies that these two goods are complement.

Example of complement good is If the price of coffee​ rises, and as a result the demand for sugar​ falls, this implies that these two goods are complement.

Hence, the demand for soft drinks and pizza are example of complement goods.

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If the firm is facing the threat of trade barriers such as high import tariffs or quotas and the firm has proprietary technology, the firm should consider:.

Answers

Answer:

On October 15, 2020, the board of directors of Ensor Materials Corporation approved a stock option plan for key executives. On January 1, 2021, 28 million stock options were granted, exercisable for 28 million shares of Ensor's $1 par common stock. The options are exercisable between January 1, 2024, and December 31, 2026, at 90% of the quoted market price on January 1, 2021, which was $10. The fair value of the 28 million options, estimated by an appropriate option pricing model, is $6 per option. Ensor chooses the option to recognize forfeitures only when they occur.

Ten percent (2.8 million) of the options were forfeited when an executive resigned in 2022. All other options were exercised on July 12, 2025, when the stock’s price jumped unexpectedly to $26 per share.If the firm is facing the threat of trade barriers such as high import tariffs or quotas and the firm has proprietary technology, the firm should consider:.

A young professional man is working on a project involving the upgrading of a management information system. The project is being managed by the information systems department with the coordination of other departments occurring through normal channels. This professional is working in a ________ organization.

Answers

Answer:

functional

Explanation:

A young professional man is working on a project involving the upgrading of a management information system. The project is being managed by the information systems department with the coordination of other departments occurring through normal channels. This professional is working in a ____functional____ organization.

The closing entry for dividends involves a debit to Retained Earnings and a credit to Dividends Declared. The debit to Retained Earnings causes a(n) in the balance of the account.

Answers

As a result of a debit to the Retained earnings account, the balance would decrease.

What happens when Dividends are declared?They are taken from the profits of the business.These profits are represented by the retained earnings account.

Retained earnings are an equity account which means that they are credited when they increase. When they are debited therefore, they will see a decrease.

In conclusion, the balance would decrease.

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Nike is updating data about its many marketing segments for athletic shoes. The company uses a number of variables for segmenting the athletic shoe market, but is especially interested in consumer patterns of living as expressed through activities, interests, and opinions including the ways people spend time, the extent of their interaction with others, and their general outlook on life. Nike is currently evaluating _______.

Answers

Nike is currently evaluating the target Audience.

What Is a Target Audience?

The  target audience of a person is known to be a specific group of consumers that is said to be likely to want your product or service.

They are the group of people who one should see as one's ad campaigns. Target audience is said to be dictated by the age, gender, income, location, etc.

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The loss in total surplus resulting from a tax is called.

Answers

Answer:

Deadweight loss

Explanation:

:D

The United States has raised the taxes on tomatoes imported from Mexico. These taxes are an example of a(n) Group of answer choices subsidy referendum antidumping policy. local content requirement. tariff.

Answers

The taxes by the United States are an example of tariff.

Where does the US get tomatoes?

The country of Mexico is known to be the leading exporter of fresh tomatoes to the United States.

A tariff is known to be the tax imposed by a country on the goods and services that is been imported from another country.

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After establishing values statement, what is the next step in planning?.

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The next step in planning after establishing values statement is : How to accomplish the established goals.

What is planning process?

Planning process refers to a management process concerned with defining goals for a company's future direction and determining the resources required to achieve those goals. The planning process is the step a company takes to develop budgets to guide its future activities.

The management of any organization can be classified based on roles and responsibility as stated in the organization's charter. The next step is deciding how to accomplish the established goals.

Therefore, the next step in planning after establishing values statement is : How to accomplish the established goals.

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Human resource management requires careful and discreet _____.
a) monitoring of personal conversations among employees
b) monitoring of off-duty employees undermining
c) the reputation of rival companies record keeping

Answers

Answer:

hope it helps

Explanation:

a. monitoring of personal conversation among employees.

Why can most people in Hospitality and Tourism careers succeed with a secondary education as their highest level of education? Most workers will start advanced jobs with this level of education. Most workers are working on a seasonal basis in Hospitality and Tourism careers. Most workers receive on-the-job training to learn what they need to know. Most workers take post-secondary classes to work in Hospitality and Tourism careers.

Answers

Most people in Hospitality and Tourism careers get success with secondary education only as they receive on-job training to learn what they need to know.

What is a Hospitality and Tourism career?

Hospitality and Tourism career jobs involve providing planning, management, food, recreation, travel,  and similar services. These jobs provide higher monetary perks.

No minimum education is required to get a job in a hospitality and tourism career. This industry values experience more than education.

People are more likely to get success in hospitality and tourism as they learn and update themselves while doing the job. On-job training is an essential advantage of these careers.

Therefore, the correct option is c.

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Giraffes use their extremely long necks to reach the leaves high up on acacia trees, which other animals cannot reach, giving them a food source for which they have few competitors. What can you conclude about natural selection from this observation

Answers

Answer:

The giraffes with the longest necks survive and produce offspring.

Explanation:

I took the test and it was right.

If you dont mind I know this is an older question, but can you give me brainliest? and 5 stars so that the other people know its right immediately when they look at it. Thank you.

In addition to their illegal methods of gaining land in Central America, what other mistake did the United Fruit Company make, which resulted in the rapid spread of a banana fungus? What general business lesson could be learned from this mistake?

Answers

The rapid spread of the banana fungus was caused by monocropping and not quarantining farm machineries and crops.

What is Quarantine?

This process involves the isolation of certain materials so as to prevent the spread of diseases.

This is important as it curbs the spread and ensures that large loss isn't recorded. In the case of the United Fruit company, it didn't happen which led to the proibelms faced.

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how does analytical skills help to solve problems​

Answers

Answer:

how does analytical skills help to solve problems

Analytical skills

The ability to examine information or a situation in detail in order to identify key or important elements, their strengths and weaknesses and use these to compile a persuasive argument, make recommendations or solve a problem.

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Why do you think that people might treat a small purchase like a snack, differently from the way they would treat the purchase of something like a washing machine? Do you consider yourself a smart consumer? Why ?

Answers

I think people would treat a small purchase like a snack differently than that of a bigger purchase like a washing machine because they would like to save up money and spend less. By buying a snack it’s a very small amount of money whereas a washing machine is a big amount of money so most people would by a snack rather than a washing machine mostly if they had little money because if the bought a washing machine they would either have a very little bit of money left or no money at all. Also I would consider myself a smart consumer because I only buy things or spend my money if I really need the thing that I am spending my money on.
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Please answer this ( who ever answers right gets brainlest ) Which inequality is equivalent to -6x 30? What exaclty is a mutation? Claton Industries has revenues of $128,000 for 2020. Their operating expenses are $80,000, and the income tax is $12,000. What is the net income for this company TodayABCDEFGH. What letter comes three to the right of theletter that comes immediately to the left of the letterthat comes three to the right of the letter immediatelyto the left of the letter B? how similar is the clothing of the five featured ethnolinguistic groups? Read this excerpt from "Choreographers of Matter, Life, and Intelligence. " With these three fundamental discoveries, triggered by the quantum revolution, the DNA revolution, and the computer revolution, the basic laws of matter, life, and computation were, in the main, finally solved. What is the authors purpose for including this statement? to praise the impressive work of modern scientists to provide evidence that the age of discovery is concluding to give examples of federally funded scientific discoveries to criticize societies that fail to encourage science. Match each expression with the equivalent expanded expression. Please help solve these two equations how did Mesopotamians fertile soil affect the growth of civilizations in the areaa it allowed their populations to grow quickly b it kept them from contraction on another c it protected them form foreign invasions d it led them to enslave smaller civilizations Which form of energy is NOT relatedto the small particles that make up anobject?A nuclear energyB electrical energyC chemical energyD mechanical energyPlease help :) Which of the following is an example of a conflict?Hector wants to get into a top college, but he goes to the worst high school in the city.Vincent is an eighth-grade student who lives in a rural home with his parents and three brothers.After a car accident, Melanie finally learns to walk again.Rosalyn is entering a swimming competition that she knows she will win. A strawberry company wants to breed a strawberry that has a thicker skin and stays fresh longer. How could this problem be solved through genetical engineering? In the figure below, AD and EC intersect at point G, mAGB= 31, and mAGE equal 71 Definition of drought and types of droughts What would fall under a civil law. 1. Who was Marie Daly? What did she accomplish?2. What is BTB and what is it used for?3. How does carbon dioxide get replenished in water? What is the pH of carbon dioxide in water? 4. What happens to the amount of carbon dioxide in water with plants and sunlight available? What happens if there is no sunlight present? What is the least liquid current asset for a company?. 55% of the cookies joel baked had chocolate chips. If joel baked 77 cookies with chocolate chips, how many total cookies did he bake? Find the surface area of this rectangular prism. Be sure2 cm2 cm9 cm