Which consumer influence is represented by the action of buying an item because everyone else is doing it?

Bill and Alma are shopping for their first home. They have found two houses that are nearly identical except for their locations. One house costs $250,000 and is 15 miles from their places of employment.

Victor Green has been working at The Bicycle Superstore for about two weeks. This morning he noticed that the store's inventory on bicycle tire repair kits is out, but he is unsure of whom he should report to for approval to place an order for more

In a perfectly competitive market, firms face no barriers to entry or exit. a. True b. False

Compare and contrast weak sustainability and strong sustainability. discuss how a policymaker might decide which sustainability concept to use

Assume that direct labor is paid at a rate of $ 25 per hour and Job 456 used $ 2 comma 350 of direct materials. What was the total manufacturing cost of Job 456 ?

Assume that a speculator purchases a put option on British pounds (with a strike price of $1.50) for $.05 per unit. A pound option represents 31,250 units. Assume that at the time of the purchase, the spot rate of the pound is $1.

In January the company produced 4,400 units using 10,180 pounds of the direct material and 2,160 direct labor-hours. During the month, the company purchased 10,750 pounds of the direct material at a cost of $76,630.

The business judgment rule has been replaced by good faith statutes in most states. True or False

Replace present refrigerators with similar refrigerators at a cost of $20 x 106. Option 2. Replace present refrigerators with lake-source cooling at a cost of $50 x 106. However, the lake-source cooling would save 1.

For February, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising expenses are $90,000; shipping expenses total 2% of sales;