the overall sacrifice a consumer makes to acquire a product or service is known as

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Answer 1

The overall sacrifice a consumer makes to acquire a product or service is known as price.

All the products and services offered in the market have a price, which is the money that the consumer or client must pay to complete the operation.

The price, at a conceptual level, expresses the value of the product or service in monetary terms and the overall sacrifice that the consumer must give to acquire said product or service.

Raw materials, production time, technological investment and competition in the market are some of the factors that influence price formation.

The increase in prices over time is known as inflation, while the opposite trend is called deflation.

Therefore, we can conclude that the overall sacrifice a consumer makes to acquire a product or service is known as price.

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Related Questions

True or False: To do business in less developed nations, firms often adjust products or prices to make their offerings more affordable.

Answers

Answer:

True

Explanation:

 

Answer:

True

Explanation:

its common sense

in 2019, the biggest type of loans issued by credit unions was ________. Multiple Choice government loans home equity loans business loans mortgages consumer loans

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According to the information that was released, in 2019, the biggest type of loan issued by credit unions was "mortgages consumer loans."

In 2019 alon, the Credit Union issued a total sum of $1.14 trillion in loans.

Out of the total loan, the mortgage consumer loan topped the list with a sum of $572.6 billion.

On the other hand, the first-lien mortgage stood at $479.5 billion for Credit Union.

Hence, in this case, it is concluded that the correct answer is option D. "mortgages consumer loans."

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If your credit card limit is $800 and your outstanding balance is $725, what is the largest amount you can charge on that card in the upcoming month

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If your credit card limit is $800 and your outstanding balance is $725,  $800  is the largest amount you can charge on that card in the upcoming month.

The sum owed on any loan that accrues interest is known as the outstanding balance. In plain English, it refers to the amount still owed on any loan.

In banking and accounting, the balance is the amount outstanding on an account. The term "balance" in bookkeeping refers to the difference between the total of debit notes and the total of credit entries made into an account throughout a certain financial period. The account shows a debit balance when total debits surpass total credits.

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Unearned subscription revenues that extends over multiple periods is an example of a _______ known liability.

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The name which is given to the unearned subscription revenues which extends over multiple periods is:

Multi period

According to the given question, we are asked to state the  name which is given to the unearned subscription revenues which extends over multiple periods.

As a result of this, we can see that a multi period liability refers to the liability which does not have one fixed date but extends over a certain, multiple periods and an unearned subscription revenue is an example of this.

Therefore, the correct answer is Multi period liability.

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who are our customers? what are our major products or services? in what geographic areas do we compete?"" a good _____ will answer these questions.

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Good Salesman will answer these questions

Bruce Lovegren was born on September 27, 1950. On April 27, 1977, he purchased a $15,000 ten-year term life insurance policy.

His age for insurance purposes:
years
Annual premium he paid: $

Answers

A 10-year term life insurance policy offers ten years of assured coverage. The insured's premium stays the same during this time. After ten years, the insurance policy expires.

What ten-year term life insurance policy?

By implication, your insurance will expire. Additionally, at the end of the term, the policy's death benefit coverage terminates.

Because term life insurance does not have a cash value like whole life insurance or universal life insurance, you often cannot cash out a term life insurance policy. A term life insurance policy is meant to offer protection for a predetermined amount of time, typically 20 or 30 years.

Therefore, With level premiums for a period of 10 to 40 years, term life insurance guarantees death benefits.

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The Dodd-Frank Wall Street Reform and Consumer Protection Act stipulated that if more than $1 million is collected, the whistle-blower is entitled to ________ of the monies collected.

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Answer:between 10 and 30 percent

Explanation:

A method that charges the same amount of expense over each period of the asset's useful life is called:

Answers

Answer:

Accelerated depreciation

Explanation:

A method that charges the same amount of expense over each period of the Asset's useful life is called Accelerated depreciation.

What is depreciation?

Depreciation refers to the reduce in the value of the asset over a period of time. In accounting it is the amount of asset in which it has been used up. For example machinery, equipment, currency has life period in the specific time it will get outdated.

Accelerated depreciation is method in which the amount of the depreciation remains i.e. depreciating value remains the same.

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As a member of the budgeting committee, the nurse manager reviews the salaries for file clerks in the accounting department. these salaries should be included in which budget item?

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Since the review of the salary is not already recognized in the accounting record of the company, it should be included in the indirect cost budget item.

Basically, an Indirect costs are cost that extends beyond the expenses incurred from creating the product or services.

In other word, the Indirect costs from expenses that are not be assigned to specific cost objects.

Since the review of the salary is not already recognized in the accounting record of the company, it should be included in the indirect cost budget item.

Therefore, the Indirect cost is the answer.

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The payback method ______. Multiple select question. cannot evaluate projects with uneven cash flows

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Answer:

does not consider the time value of money

ignores all cash flows that occur after the payback period

is not a true measure of investment profitability

Explanation:

0.0

The payback technique determinate all cash flows over a project's life.

What are cash flows?

Cash flow exists as the movement of money in and out of a company. Cash received represents inflows, and cash spent signifies outflows. Although it does seem sometimes that cash flow only bears one way. The cash flow statement stands as a financial statement that reports on a company's sources and use of cash over some time. Cash flow exists not necessarily always connected to profit, and businesses can actually register a negative one for several generations and still be profitable.

The correct answer exists to recognize all cash flows over a project's life.

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What tool would be most effective when comparing the impact of changes in interest rate and purchase price on a new car loan

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A two-variable data table is known to be the most effective tool to find the appropriate interest rate and purchase price in paying a car loan.  The tool would be most effective when comparing the impact of changes in interest rate and purchase price on a new car loan is the two-variable data table.

A two-variable data table is known to depicts how different combinations of 2 sets of variable values do influence the formula result.

it often shows how altering two input values of the same formula changes the output.

A two-variable data table is known to have two input cells, but only one result cell.

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4. You can receive 10,000 five years from now (but 6 payments). How would you determine how much money you would have to be given today to equal this

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You would need to multiply 10,000 by 6 payments

a company selling goods subtracts from sales to determine gross profit.

Answers

Answer:

To determine profit you subtract your total costs from your total revenue.

Explanation:

A group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is a:

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The name which is given to a group of sellers who agree to restrict their collective output in order to drive up prices above marginal costs is known as a:

Cartel

According to the given question, we are asked to show the term which can be best used to describe a group of sellers who make an agreement to reduce their collective output so that price of goods would increase above their marginal costs.

As a result of this, we can see that this group of people in the business world are known as cartel because they behave unethically so that they could have increased profit on sales.

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If I want to make a small business should I make what i sell or hire people to make things?

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Answer:

start small, you need money to hire people to work for your business. i would recommend starting with making things yourself. or give people you hire different positions, such as dropping off the orders at the post office and another person could help you make things so that the service is a lot faster and you'll have more things in stock.

then wait until you have enough money, and then you could hire some people to help you out.

please help I will make you Brainliest​

Answers

Answer:

Rffffdf is a great place to work for and it is

R

recording, classifying, summarizing, and interpreting financial events in an organization is referred to as ______.

Answers

The name which is given to the recording, classifying, summarizing, and interpreting financial events in an organization is referred to as:

Accounting

According to the given question, we are asked to state the name which is given to the recording, classifying, summarizing, and interpreting financial events in an organization.

As a result of this, we can see that accounting has to do with the ways through which a business person keeps inventory of the inflows and outflows in his business. This is vital so that he can easily calculate his profit and loss.

Therefore, the correct answer is accounting.

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compare the threw basic economic system in terms of the economic oppturinites avaibke to businness

Answers

Answer:

hmmmm

Explanation:

please don't put links on here. I need help.

Imagine that you own a small hardware store and need to price several new items. What legal considerations would you need to take when pricing these items? Why? What about any ethical consideration in regard to pricing these items? Explain the role of business ethics and legal considerations in pricing, as well as the importance of a reputation for honesty in communication and for quality products. Finally, evaluate the impact of legal considerations in pricing.

Answers

What legal considerations would you need to take when pricing these items? When pricing these items, you need to think whether or not you will make any profit of it and if the profit is too high, will anyone buy your product. Make sure you know how much other stores are pricing their items and look at the stock/market value. Make sure you know you customers. Why? So you don't lose money and close down.

What about any ethical consideration in regard to pricing these items? Pricing a product ethically is a major decision for any business. Businesses who use ethical pricing strategies to sell their products and earn a profit are far more respected than those that hurt and defraud competitors or even consumers. To practice ethical pricing, you need to be able to spot the ethical issues that hinder fair pricing. One main issues that usually businesses do not work out is that they either favor or anti-favor a product.

Explain the role of business ethics and legal considerations in pricing, as well as the importance of a reputation for honesty in communication and for quality products. Finally, evaluate the impact of legal considerations in pricing. Ethics and Legal Considerations in pricing is mainly on the customers. Think of yourself walking into a store buying a product, would you buy it if it was more expensive then the business next door? Depending on the products, I would say. Sell everyday items that people need and would buy if they was there for something else anyways. If your shop was focused on clothes. Think about how much time and money you put into making these items. Say if the dress you made costed around $30 but took you hours to make it for designs or fitted. Then up the price up on the dress, depending how it is. Make the dress $45 so you can make a profit while the customer gets a good deal. If the dress, top, shoes, pants are plain, make it around $10-$20 so people will buy the product. If it has designs and jewels and stuff. Bump the price range to $25-$50. If shoes, do slides around $25-$60 and sneakers and stuff around that range too. Don't do too expensive depending on the item. But price it around the range that would be able to make you a profit and people buying your items at the same time. Now, if you are focused on clothes. Make sure your shop has accessories. Because i know that when i shop as a customer, I always try to find accessories/purses that will match the outfit im buying. If you can, put makeup in your shop. Lipgloss or palates. Now, I know all the things may be expensive. But, if you do what you love, the money will follow.

Off topic, but may i ask if you are starting a business?

Two customers went to a post office to buy postcards and large envelopes. Each postcard costs the same amount, and each large envelope costs the same amount. The first customer paid $12 for 14 postcards and 5 large envelopes. The second customer paid $24. 80 for 10 postcards and 15 envelopes. What was the cost in dollars of each large envelope?.

Answers

The cost in dollars of each large envelope is $1.42.

Two equations can be derived from this question:

14p + 5e = 12 equation 1

10p + 15e = 24.80 equation 2

Where:

p = cost of postcards

e = cost of large envelopes

In order to determine the cost of the large envelope, take the following steps:

Multiply equation 1 by 10 and equation 2 by 14

140p + 50e = 120 equation 3

140 p + 210e = 347.20  equation 4

Subtract equation 3 from 4

160e = 227.20

Divide both sides of the equation by 160

e = $1.42

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Environmental service systems professionals work to improve or maintain healthy environments. This includes focus on air quality, water quality, and ________________. Education services Waste management Wildlife research City infrastructure

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Environmental service systems professionals are vital to society as they focus on air quality, water quality, and waste management.

Environmental service system simply means the people who work in an environmental service system pathways. They are involved in air pollution control, recycling, waste disposal, etc.

It should be noted that environmental service systems professionals focus on air quality, water quality, and waste management. They analyzed scientific data and perform quality control checks.

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Answer:

Waste Management.

Explanation:

P.s there are 5 sectors, feed, and science.

K-12.

employees of the largest internet service provider in argentina were tricked into installing a program that locked their computers, spread to other computers on the network, and denied access to files until a ransom of $7.5 million was paid.

Answers

The employees were exposed to a form of malware known as ransomware.

The culprits tricked them into installing a program that made all the files

unusable as a result of the attack.

Ransomware however involves them demanding for a ransom for the files

and computer to become usable again. This is usually done by decrypting

the already encrypted files on the system.

This is why it is best to install softwares that prevent malware attacks on

computers and files.

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A major obstacle to the establishment of wind farms near populated and scenic areas is the ________. lack of infrastructure to support wind-generated electricity we-want-solar-power (WASPY) syndrome lack of financial support for the construction of wind farms not-in-my-backyard (NIMBY) syndrome lack of large land areas needed to construct wind farms

Answers

People often object to any thing they do not want. A major obstacle to the establishment of wind farms near populated and scenic areas is the Not-in-my-backyard syndrome.

Not-in-my-backyard syndrome is simply known as Nimby. It is regarded as a colloquialism meaning a person's opposition to the locating of something considered undesirable in one's neighborhood.

The phrase was known to be used first in the mid-1970s. People often fear the unknown more than what a project will offer either positive or negative externalities.

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firms can gain market share by creatively establishing product that is either real or perceived by consumers.

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Answer:Differentiation

A(n) ____________ is a supplementary record created to maintain a separate account for each customer.

Answers

Answer:

Accounts Receivable Ledger

Using an Internet-focused strategy, operations managers are outsourcing design, production, and shipping to other firms. This process is called a(n):

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The process described above that involves internet-focused strategy is called an: inter-firm process.

Internet-focused strategy are mostly employed nowadays by most firms in conducting most of their operations that are outsourced. Operations such as design, shipping among others, cut across several firms.

This collaborative business partnership is a process that is based by trust can be referred to as interfirm process.

Therefore, the process described above that involves internet-focused strategy is called an: inter-firm process.

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Jermaine and Denise are the owners of a small company. They are moving to a new office space and need to decide on a layout that will work best for them and their 12 employees. Jermaine wants to have one big communal workspace for all employees, including Denise and himself; a conference room; a big break room; and two smaller rooms with doors where employees can go if they need to have a private telephone conversation with a client. Denise wants offices for Jermaine, herself, and their two department managers; cubicles for all other employees; a conference room; a meditation room; and a small break room. After talking, Denise and Jermaine each agree to make certain concessions in order to get what they want. Together, they agree that Denise and Jermaine will have offices, and the managers and other employees will share a communal workspace. They will also have a conference room, a meditation room, a large break room, and one room for private calls with clients. What conflict management strategy have Jermaine and Denise used?

Answers

Answer:

compromising strategy

Explanation:

Compromising strategy is the conflict management strategy have Jermaine and Denise used.

What is compromising strategy?

The "compromise" strategy aims to find a feasible solution that substantially, but not entirely, allayes the concerns of the parties involved. To purchase a car or home, end a divorce, or resolve labor contract issues, compromise is a common strategy.

When an agreement is reached and the parties part ways, the compromise process could enable both parties to feel secure in the knowledge that they have come up with a workable solution.

Compromise is defined as finding a middle ground or giving up some of your concerns while remaining dedicated to those of others. Striking a balance is the goal of this largely cooperative, fairly strong technique.

Thus, it is Compromising strategy.

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what is the term for the idea that some goods will be overused and depleted if not regulated?

Answers

I think what you mean is exhausted?

The term exhausted is used  for the idea that some goods will be overused and depleted if not regulated.

What is exhausted?

Fatigue is a lingering tiredness that is constant and limiting. With fatigue, you have unexplained, persistent, and relapsing exhaustion. It's similar to how you feel when you have the flu or have missed a lot of sleep.

If you have chronic fatigue, or systemic exertion intolerance disease (SEID), you may wake in the morning feeling as though you've not slept. Or you may be unable to function at work or be productive at home.

Chronic fatigue is frequently brought on by allergic rhinitis. However, allergic rhinitis is frequently treatable and self-managed. Your doctor will evaluate your symptoms in order to make a diagnosis.

Therefore, The term exhausted is used  for the idea that some goods will be overused and depleted if not regulated.

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La toussant digital escape answers? Please

Answers

Answer:

can you explain what you are asking?

Explanation:

Every year, Barbara and her boss sit down together and discuss what Barbara should accomplish for the next year. Barbara's boss takes time to meet with all his employees like this to motivate them to accomplish their objectives. These actions rely on

Answers

Every year, Barbara and her boss sit down together and discuss what Barbara should accomplish for the next year. Barbara's boss takes time to meet with all his employees like this to motivate them to accomplish their objectives. These actions rely on positivity and good work.

I hope this helps!

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