a lower-cost product indicates that it is necessarily of lesser quality than a higher-priced product
Answers
A lower-cost product indicates that it is necessarily of lesser quality than a higher-priced product --- True .
Products that offer a price advantage in order to compete with established brands are known as lower cost products. A number of free products were created on the internet with the intention of increasing the company's market share and providing a customer base for marketing other company-owned products. Suppliers are more likely to produce if the price is higher.
On the other hand, consumers are more likely to buy more of a product whose price is lower. The demand curve is an equation that describes the quantities that consumers are willing to purchase at each price.
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Complete question as follows :
a lower-cost product indicates that it is necessarily of lesser quality than a higher-priced product True / false
Related Questions
Is it ethical for large companies to market small brands as being local, natural, or eco-friendly when they are in fact owned by huge corporations? Or,
as long as companies aren't outright lying, do customers have the responsibility to do their own research on the products they buy?
Answers
Answer:
yes
Explanation:
companies will not yell the truth
It is the responsibility of the customers that they have to do research before making a purchase of the product in order to avoid any fraud or unethical activity with them.
What is a product?A product is referred to as final or finished goods distributed in the market to serve the customers. This product can be both goods and services in which goods are tangible and services are intangible.
When any individual goes to buy any product they have to perform research in order to avoid any misleading activity and they will be able to compare between similar products in reference to price, quality, and quantity.
Customers can not rely totally on shopkeepers about the products as they are here to do business they will not tell the complete truth about the products and services offered.
Therefore, it is better to conduct your own research to avoid fraud or black marketing of products.
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In the long run, which of the following depends primarily on the growth rate of the money supply?
A. the natural rate of unemployment but not the inflation rate
B. the natural rate of unemployment and the inflation rate
C. the inflation rate but not the natural rate of unemployment
D. neither the natural rate of unemployment nor the inflation rate
Answers
In the long run, the inflation rate but not the natural rate of unemployment depends primarily on the growth rate of the money supply. The Option C is correct
What Is the Money Supply?In economics, a money supply refers to all the currency and other liquid instruments in a country's economy on the date measured. It roughly includes both the cash and deposits that can be used almost as easily as cash.
An inflation rate depends depends primarily on the growth rate of the money supply in the long run as increase in money supply will lead to increases in increase in aggregate demand for goods and services.
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Urbanization of a watershed is most likely to result in Select one: O a. a longer lag time between storms and the onset of flooding ob. an increase in the volume of water entering streams after rainfall OC. Increased infiltration of rainwater O d. a decrease in the likelihood of flash flooding
Answers
Urbanization of a watershed is most likely to result in option B: an increase in the volume of water entering streams after rainfall. When a watershed becomes urbanized, with the construction of buildings, roads, and other impervious surfaces, the natural landscape is replaced with hard surfaces that do not allow water to infiltrate the ground effectively.
This leads to reduced infiltration and increased surface runoff during rainfall events. The increased volume of water quickly flows over the impervious surfaces, collecting pollutants and sediment, and enters streams and water bodies at a faster rate than in non-urbanized areas.
This phenomenon is commonly referred to as urban stormwater runoff. It can lead to higher stream flows and increased risk of flooding downstream, as the water cannot be absorbed or delayed by natural vegetation or permeable surfaces. This increase in the volume of water entering streams after rainfall is one of the significant impacts of urbanization on watersheds and their hydrological processes.
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Which term describes a form of informal training in which an experienced employee guides the work of a new employee?.
Answers
The terrm that describe a form of informal training in which an experienced employee guides the work of a new employee is called Mentoring.
What is mentoring?
Mentoring is when a person usually a senior level employee is assigned to give training to a junior employee in an organization. The aim is to help the new employee grow his or her skills and make better decisions
Here, the senior has more experience as it relates to the work, reason he or she is training the other employee.
Hence, the terrm that describe a form of informal training in which an experienced employee guides the work of a new employee is called Mentoring.
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If the demand curve shifted more to the right on this graph, which of the following could be the new equilibrium point?
Answers
Answer:
$200
Explanation:
How does technical education play a vital role to develop the entire nation?
pls- don´t lie
;)
Answers
Answer: Education is needed for jobs. If we dont have education people cant get certain jobs. Without certain jobs the world would fall into a pandemic.
Explanation:
Answer:
Technical education play a vital role to develop the entire nation by improvimg the well beimg of youth and communities.
It increases the productivity. It also helps to accelerate the pace of work and motivate the person towards his/her work.It creayes skilled manpower and improves the quality of life.
From the following Ledger balances of AB International, prepare a Trial Balance.
Answers
In preparation of our Trial Balance, we have an equal credit and debit side which equals to $65,745.
Prepare of Trial Balance for AB International:A trial balance can be used to identify mathematical errors in a double entry accounting system. If the total debits equal the total credits, the trial balance is considered balanced, and no mathematical errors should exist in the ledgers.
No Particulars L.F. Debit ($) Credit ($)
1. Purchases 12,000
2. Sales 25,000
3. Discount 1,200
4. Salaries 2,500
5. Wages 10,000
6. Cash in Hand 975
7. Cash at Bank 13,500
8. Repairs & Maintenance 870
9. Sundry Expenses 350
10. Mortgage 14,000
11. Mortgage Interest 250
12. Traveling Expenses 100
13. Insurance 150
14. Carriage 250
15. Commission 350
16. Rent and Rates 600
17. Building 6,000
18. Machinery 5,000
19. Delivery Van 4,000
20. Capital 20,000
21. Accounts Payable 3,200
22. Accounts Receivable 4,500
23. Opening Stock 2,450
24. Returns Inward 300
25. Reserve for doubtful debts 800
26. Notes Payable 2,745
27. Notes Receivable 400
Total $65,745 $65,745
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27) Which of these is NOT an essential assumption in determining market value?
a. The buyer and seller must be unrelated.
b. The payment must be in cash or its equivalent.
c. The buyer and seller must be acting without excessive pressure.
d. The property must be on the market for at least three months.
Answers
The option that is NOT an essential assumption in determining market value: The property must be on the market for at least three months. The correct option is D.
To determine market value, several key assumptions are made, including:
a. The buyer and seller must be unrelated, ensuring that the transaction is based on fair market value rather than any personal relationship.
b. The payment must be in cash or its equivalent, meaning that the transaction is not based on non-monetary exchanges or other complicated financial arrangements.
c. The buyer and seller must be acting without excessive pressure, which ensures that both parties are making rational decisions based on the property's true value.
However, there is no requirement that the property must be on the market for a specific amount of time, such as three months, for the market value to be accurately determined.
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Complete question:
Which of these is NOT an essential assumption in determining market value?
a. The buyer and seller must be unrelated.
b. The payment must be in cash or its equivalent.
c. The buyer and seller must be acting without excessive pressure.
d. The property must be on the market for at least three months.
the most probable cause of anthropogenic warming in the foreseeable future is the increase in _____.
Answers
The most probable cause of anthropogenic warming in the foreseeable future is the increase in greenhouse gas concentrations, particularly carbon dioxide (CO2) emissions resulting from human activities.
Burning fossil fuels such as coal, oil, and natural gas for energy production, as well as deforestation and land-use changes, have led to a significant rise in atmospheric CO2 levels. These greenhouse gases trap heat in the Earth's atmosphere, contributing to the greenhouse effect and resulting in global warming. The continued release of greenhouse gases is expected to drive further warming and climate change in the foreseeable future.
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Jeramlah is working with a difficult client. After mixing up a paint order, the client says, "Of course you mixed up this paint order. You never listen
to me, and you're always picking out weird looking colors!" What type of communication is the client using?
A. passive
B. Aggressive
C. Non-aggressive
D. Assertive
Answers
Answer: i would say he is being aggressive towards the guy
Explanation:
if a seller wants to transfer an outdoor unattached grill in the sale of his property, he should furnish the buyer with a:
Answers
If a seller wants to transfer an outdoor unattached grill in the sale of his property, he should furnish the buyer with an ASTM (American Society for Testing Materials) safety certificate for the grill.
The safety certificate should confirm that the grill meets the ASTM safety standards for grills, which include requirements for safety features such as stable legs, heat resistance, and proper ventilation.
By providing the buyer with a safety certificate, the seller is demonstrating that the grill is safe to use and that he has taken steps to ensure that it meets the necessary safety standards. This can help to protect both the seller and the buyer from potential legal liability related to the grill's safety. It is important for sellers to ensure that their grills are safe and to provide the necessary documentation to buyers to demonstrate this.
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It Takes a Village!
Required Materials
Word processing software
Have you ever heard of an all-inclusive vacation? There are some resorts that offer everything—hotel, food, entertainment, and tours. What about the huge floating resorts that many have found appealing—cruises? To make these operations run smoothly and allow guests to have the best getaway experience they can, many different jobs are required. Most of these jobs can be found in the career clusters we learned about in our unit.
In this activity, you will pick one type of all-inclusive vacation. Research an example of the vacation destination you have in mind and list the amenities that are offered. See if you can identify at least two careers from the Arts, AV Technology & Communication Cluster and two from the Hospitality & Tourism Cluster that all work together in this resort. For each one of your four careers, take a few minutes to research more about the role they play, as well as what a person would need to do to get started in this career path. Let's consult our handy reference, the Bureau of Labor Statistics' Occupational Outlook Handbook, once again to find more information. This time check out the headings “How to Become One,” “Pay,” and “Job Outlook” for each career you choose.
Once you have gathered the career information on the professionals you might find in your all-inclusive resort, it’s time to put your research to use. You will create a flyer for your resort, introducing guests to each person who will play a part in making their stay memorable. On your flyer, include a name (you can make one up) and title for each person. Explain in one paragraph under their name a little bit about what they do at the resort. Under that paragraph, include a paragraph with a quick (imaginary) biography that showcases the person’s education and career path.
Do your best to make your flyer fun and appealing so that guests will immediately feel right at home, knowing that their vacation is in the hands of some of the best professionals in the business!
Your flyer should include the following elements:
Employees who represent two careers from the Arts, AV Technology & Communication Cluster
Employees who represent two careers from the Hospitality & Tourism Center
One paragraph under each explaining the job duties of the employee
One paragraph under each with a short bio of the employee
Answers
These are the flyers about the all-inclusive vacation employees:
Lucy AdamsShe's the singer of our cruise! You will enjoy her beautiful voice every night of your holiday and have a great time listening to the best songs you can think of!
Lucy is a professional singer who sings in three different languages: English, Spanish and Italian. She's the best one out here in the sea! Don't miss her!
Tom DíazHe's the chief animator of our cruise! He's the one in charge of making you have your best vacation! You will laugh with his jokes and enjoy the day next to the pool playing games with him and the rest of the amazing team.
Tom has been working in the entertainment industry for many years now. He is a comedian so he will know how to make you laugh!
Penelope SmithShe's the best tourist guide in this cruise! She can explain to you what you do in the places where the cruise stops. You can't miss her recommendations!
Penelope has studied tourism and she knows how to make your trip the best one! She has been to all the places we will visit with the cruise so you can ask her for advice whenever you need.
John HarriesHe's the best chef you can find! You can find John in the purple restaurant where you can try the best food you have ever eaten. He specializes in pasta, so you can't miss the Italian night in the cruise!
John is a professional chef with many years of experience on board. He has lived many years in Italy where he learnt everything about the culture and flavors that he applies to his dishes.
How do you solve writing exercises?To complete writing exercises in English, you have to do a research of the topic you are going to write about first. In this case, you have to select four jobs that are available to do in all-inclusive holidays and then write flyers with specific information about the people who do these jobs.
In writing exercises, it is important to use key words and organise your information so it is easier for the reader to understand.
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Fiona's hourly wage increases from $8 to $10. Which of the following describes a consequence of the increase in Fiona's wage?
A)The opportunity cost of Fiona's leisure time has decreased.
B)Fiona may choose to work fewer hours due to the increase in her wage.
C)If Fiona's labor supply curve is upward sloping, she will choose to work fewer hours.
D)Both a and b are correct.
Answers
D) Both a and b are correct. Option C is not necessarily correct because the labor supply curve is dependent on many factors, including individual preferences and external factors such as market conditions, and cannot be determined solely based on the wage rate increase.
The increase in Fiona's hourly wage, the opportunity cost of her leisure time has decreased, which means she can now afford to spend more time on leisure activities without sacrificing as much income. This may lead her to choose to work fewer hours, as the opportunity cost of her leisure time is now lower. If Fiona's labor supply curve is upward sloping, this means that she is willing to work more hours as her wage increases, but in this case, the increase in her hourly wage may still lead her to choose to work fewer hours due to the decreased opportunity cost of leisure time.
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Karl’s Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and varied goods, it branched out into an outdoor-sports store. Karl caters to his core customer base of hunters and fishermen, but stocks the latest outdoor gear for those who want to incorporate other sports such as backpacking into their hunting and fishing experience. Due to space limitations, he does not carry mountain bikes, but does carry gear for them. Since Karl’s is not located near the ocean or a large body of water, he does not carry wetsuits or other watersports equipment, but he does carry gear that would be required for wading in cold mountain rivers and streams, and canoes and kayaks. His marketing is directed toward hunters and fishermen, but includes activities, events, and sales aimed at bringing outdoor enthusiasts with other interests into his store. Over the past month, he has received numerous request for rock climbing gear. As a result of t
Answers
The full question is:
Karl's Sporting Goods started as a small shop catering to the fly-fishing crowd but as requests were made for different and varied goods, it branched out into an outdoor-sports store. Karl caters to his core customer base of hunters and fishermen, but stocks the latest outdoor gear for those who want to incorporate other sports such as backpacking into their hunting and fishing experience. Due to space limitations, he does not carry mountain bikes, but does carry gear for them. Since Karl's is not located near the ocean or a large body of water, he does not carry wetsuits or other watersports equipment, but he does carry gear that would be required for wading in cold mountain rivers and streams, and canoes and kayaks. His marketing is directed toward hunters and fishermen, but includes activities, events, and sales aimed at bringing outdoor enthusiasts with other interests into his store. Over the past month, he has received numerous request for rock climbing gear. As a result of these requests, Karl has entered into negotiations with three providers of high-quality rock climbing shoes and gear. What do Karl's activities show about his marketing for Karl's Sporting Goods?
Answer:
He has a marketing concept and is acting on it.
Explanation:
A marketing concept is the way by which businesses identify the needs of customers and come up with strategic ways of meeting those needs better than competing firms.
Different marketing concepts include: production concept, product concept, selling concept, marketing concept, and the societal marketing concept.
In the given scenario Karl's sporting goods only catered for fly fishers but as demand for other items increased they branched into other outdoor sport items.
He is stocking gear for swimming, rock climbing, and mountain bikers through partnership with suppliers even if they are not his primary market.
This is acting on marketing concept to be able to meet demand for the other outdoor sporting activities he does not normally supply
Consider what you already know about saving. What are some reasons you should be intentional about saving money? In other words, what should you save for?
Answers
The reasons you should be intentional about saving money is that one may not know when bad or sudden offer will com and as such saved money will help to solve the issue.
What are some reasons you should be intentional save money?There are a lot of reasons to save Money as it is one of the way to Motivate you to start a new adventure. Others are:
Saving help to give a person freedom. Saving gives financial security. Saving implies that one can take any calculated risks.Learn more about saving from
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Five years ago Tosev Inc. issued 30-year, $1,000 par value, semi-annual coupon bonds with a coupon rate of 9.10 percent. The bonds originally sold at a price of $1,010.32 per bond. Currently, those bonds have a market price of $1,118.15 per bond. The Chief Financial Officer of Tosev is currently considering issuing new bonds. These bonds will have a par value of $1,000, semi-annual coupon payments, a term of 25 years and a coupon rate of 8 percent. Due to differences in the legal provisions of the bonds, the Chief Financial Officer estimates that the yield to maturity on the new bonds will be one percent higher than the current yield to maturity on the old bonds. Based on the Chief Financial Officer's estimate, what would be the price per bond of the new bonds today?
A. $ 817.44
B. $ 896.67
C. $ 901.19
D. $1,000.00
E. $1,118.15
Which of the following statements is most correct?
A. If a bond's yield to maturity exceeds its annual coupon rate, then the bond will be trading at a premium.
B. If interest rates increase, the relative price change of a 10-year coupon bond will be greater than the relative price change of a 10-year zero coupon bond.
C. If a coupon bond is selling at par, its current yield equals its yield to maturity. (Hint: a bond's current yield equals annual coupon payment divided by current price).
D. Both a and c are correct.
E. None of the answers above is correct.
Answers
---------------------Explanation:
Hey guys this is for the edmentum unit activity: Earning and Protecting money. Pls help :’)
What are three most common incentives for offering health insurance to employees?
A. It improves employees health and increases productivity.
B. It reduces the cost of office administration.
C. It helps attract and retain high-quality employees.
D. It provides the business a tax advantage.
E. It increases the business chance of overcoming competition.
Answers
Answer:
Explanation:
I think it's a,b and e
Hope it helps
PLEASE HELP :(
A transaction that involves investing cash in a business, why is it usually debited, shouldn't it be a decrease (credit)? Just a little confused.
Answers
what are 10 ways that people use percentages in their daily life
Answers
Answer:
Farming
School
shopping
thats all i got
Explanation:
Answer: Construction work, working on farms, working on cars, doing math problems at school or work, creating something, proving a point,
Explanation:Thats all i got
The types of assets, expenses, and liabilities associated with the acquisition and payment cycle will differ by company.
Group of answer choices
O True
O False
Answers
A liability is something a person or company owes, usually a sum of money. Liabilities are settled over time through the transfer of economic benefits including money, goods, or services.
How the liabilities are different from the other company?
Recorded on the right side of the balance sheet, liabilities include loans, accounts payable, mortgages, deferred revenues, bonds, warranties, and accrued expenses.
Liabilities can be contrasted with assets. Liabilities refer to things that you owe or have borrowed; assets are things that you own or are owed.
A liability is something that is owed to somebody else.
Liability can also mean a legal or regulatory risk or obligation.In accounting, companies book liabilities in opposition to assets.
Current liabilities are a company's short-term financial obligations that are due within one year or a normal operating cycle (e.g. accounts payable)
In general, a liability is an obligation between one party and another not yet completed or paid for. In the world of accounting, a financial liability is also an obligation but is more defined by previous business transactions, events, sales, exchange of assets or services, or anything that would provide economic benefit at a later date. Current liabilities are usually considered short-term (expected to be concluded in 12 months or less) and non-current liabilities are long-term.
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Jamie is researching places to live after graduating college he asked you I keep coming across as phrase cost-of-living I’ve never heard of it before do you know what it means which of the following definitions would you choose to explain to Jamie about cost-of-living means
Answers
Answer:
The cost of living refers to the prices of goods and services needed to sustain an average level standard of living in an area
Explanation:
The cost of living refers to the cost of keeping up with a given standard of living. It is the amount Jamie would need to keep up with basic expenses such as food, housing, clothing and medical care. Cost of living compares the expense between living in two different areas. Jamie's cost of living is tied to his wages and it can be measured using what is called purchasing power parity.
Smokers impose negative externalities on nonsmokers. Suppose the airspace in a restaurant is a resource owned by the
restaurant owner.
a. How would the owner respond to the negative externality caused by smokers?
b. Suppose smokers own the airspace. How would that change matters?
c. If the government gives ownership of the air to nonsmokers, would that change matters? Explain your answer.
d. What does a ban on smoking in the restaurant do?
Answers
b. If the owners were smokers, they would allow others to smoke or smoke themselves since it is their property.
c. Yes it would because everyone has to listen to the government. They can file fines or other consequences to those who smoke under their ownership which will cause a decrease in smoking.
d. This allows pedestrians to not be harmed by the smoke caused by other smokers. This allows them to enjoy their time in the restaurant freely without worrying what’s getting into their lungs.
True or False: Labor is usually your lowest expense.
Answers
Answer:
False, if your talking about workinghard it is false bc you could break a bone or worse in the work of labor
False, still bc if your talking about having a child than your losing a lot of blood and pain is coming from it
so eathier way u go its still false
hoped this helped let me know if it did
T or F: Observing others at work and asking questions are examples of self-directed learning.
Answers
The given statement, Observing others at work and asking questions are examples of self-directed learning is false because, observing others at work and asking questions are examples of informal learning, not self-directed learning.
Observing others at work and asking questions are examples of informal learning, which can occur within self-directed learning but are not synonymous with it. Self-directed learning refers to the process of taking responsibility for one's own learning and directing the learning process. This involves setting goals, identifying learning resources, and monitoring progress. While observing others and asking questions can be effective ways of learning, they do not necessarily involve the self-directed aspect of taking responsibility for one's own learning.
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the in-depth review of individual projects at specific phases in the project life cycle is known as
Answers
This review process evaluates the project's progress and ensures that it meets predetermined criteria before moving on to the next stage in the life cycle. It allows for adjustments to be made early on in the project and increases the chances of a successful outcome.
The stage gate review process typically involves cross-functional teams and stakeholders, providing a comprehensive analysis of the project's performance. The in-depth review of individual projects at specific phases in the project life cycle is known as a project audit. Project audits are systematic reviews of a project's performance and progress, conducted by an independent party or an internal team, to assess its effectiveness and identify areas for improvement. The purpose of a project audit is to ensure that the project is on track and aligned with the goals and objectives set out in the project plan.
It also helps project managers identify any issues or challenges that may arise during the project and take corrective actions to mitigate them. Project audits typically cover a range of areas such as project scope, schedule, budget, quality, risk management, communication, and stakeholder engagement.
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One of the reasons it has been so difficult for Congress to bring federal spending under control is because
A.the crowding-out effect has been ineffective.
B.the pay-as-you-go provisions have been so expensive.
C.the federal budget has many entitlements that people do not want cut.
D.sequestration has worked so well.
Answers
Answer:
Correct Answer:
C.the federal budget has many entitlements that people do not want cut.
Explanation:
In U.S, there are so many sectors with so many budget mapped out and controlled in-order to benefits the citizens. For example, in this pandemic situation, there are budgets for those who lost their jobs, those unable to pay their house rent, those with medical challenges etc. all these entitlements are what people are not willing to lose. Bringing the federal spending under control means cutting off some of these budgets which might trigger crises.
Define the term lifestyle and explain the kind of lifestyle you would like in your future. Then, discuss how work affects
lifestyle.
Answers
Answer:
the way in which a person or group lives.
Explanation:
ME working out alot and bieng very fit and It wouldnt effect my lifestyle it would actually help me cause i would live longer and be healthy
The term lifestyle refers to the habits and practices that define the life of a person, which also involves his/her work.
What is lifestyle?Lifestyle can be defined as the set of attitudes and patterns used in a routine and define the life of an individual.
Lifestyle can affect work because it is directly associated with the health and well-being of an individual.In conclusion, the term lifestyle refers to the habits and practices that define the life of a person, which also involves his/her work.
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How did the United States arrive at its current occupational-safety-and-health laws?
A. joyfully, with parades and celebrations, the way we celebrated the end of World War II
B. quickly, as an idea whose time had come and about which no reasonable person could voice an objection
C. secretly, in the middle of the night on a holiday, since supporters knew it would be extremely unpopular
B. slowly, after over 100 years of small steps, backslides, and back-and-forth between business interests and representatives for workers
Answers
Answer:
B. slowly, after over 100 years of small steps, backslides, and back-and-forth between business interests and representatives for workers
Explanation:
Before 1970, America was experiencing a sharp increase in the number of occupational injuries and illnesses. Both the injuries and illnesses were becoming more severe, which lead to increased death and disabilities due to work-related issues.
The OSHA act was passed in 1970. Prior to that, the responsibilities for developing workplace safety and health regulations were under the ministry of labor. Activities and lawmakers felt that the existing structure give not give enough weight to workers plight. Employees were left at the mercy of their employers.
After intensive lobbying in the senate, the OSHA act was signed into law in 1970 by president Richard M. Nixon. The law aimed to promote safety and ensure safer working conditions for all workers, notwithstanding their job or industry.
Excited to buy her dream car, Molly rushes into her local Volkswagen dealership. Molly picks out a
car, sits down at the financing desk, and hears the following:
"Well, we ran your credit history. You've got a really thin file -- just a year's worth of student
loan payments. The deal you saw was for 'well qualified buyers. The best deal we can offer
you is 6.6% for 60 months. A little more bad news -- the cash allowance is also based on
credit history, so you don't qualify for $500. That said, you're excited about a Volkswagen,
and I want to see you driving one, so I can do $400 for you!"
9. Molly still has a $2500 down payment. How much loan does Molly need?
10. How much will Molly's monthly payment be using the Bankrate calculator?
11. How much total interest will molly pay using this plan?
12. How many is the total cost of her car after all together?
Answers
9. The amount of loan that Molly needs with a $2,500 down payment is $22,100.
10. Molly's monthly payment is $433.
11. The total interest Molly will pay under this plan is $3,907.
12. The total cost of Molly's car is $28,507.
Loan Amount:Required cash allowance = $500
Qualified cash allowance = $400
Down payment = $2,500 (typically 10% of value)
Total price of car = $25,000 ($2,500/10%)
Loan required = $22,100 ($25,000 - $2,500 - $400)
Interest and Periodic Payment:N (# of periods) = 60 months
I/Y (Interest per year) = 6.6%
PV (Present Value) = $22,100
FV (Future Value) = $0
Results:
PMT = $433.45
Sum of all periodic payments = $26,007
Total Interest = $3,907
Total Cost of the car to Molly:Down payment = $2,500
Total periodic payments = $26,007
Total cost = $28,507 ($26,007 + $2,500)
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one marketing system for life and health insurance and property and liability insurance does not use agents or brokers. instead, potential customers are solicited by television, radio, print ads, and other media. this marketing system is called
Answers
One marketing model for property, liability, and health insurance does not employ agents or brokers. Instead, advertisements on television, radio, in print, and other media are used to approach potential buyers. Direct response marketing system is the term of this type of marketing.
By pressuring potential customers to do a certain action, direct response marketing aims to elicit an immediate reaction. Since the aim is to immediately create leads, direct response advertisements must prompt instant action from prospects.
Direct response may be used by marketers on a wide range of platforms, including TV, print, radio, email, digital, and social media. Every direct response campaign needs to have a clear objective—sign up, share with contacts, register, etc.—and in exchange, provide prospects an alluring deal. By opening up direct channels of communication with prospects and potential consumers, direct response advertisements assist in building deeper relationships with them.
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