Business College

At what point should consumers stop researching a product?

when the research costs more than the potential savings
when they want to make an immediate purchase
when the government does the research for them
when they know they have waited long enough to buy

Answers

Answer 1

Answer:

A. When the research costs more than the potential savings

This is correct on Edg :)

Answer 2

A consumer should stop researching a  product when the research costs more than the potential savings.

What is a consumer?

A consumer is the final user of a purchased product or service. Consumers can either be an individual or group of people who purchase or  use goods and services solely for personal use, and not for the manufacturing or resale.

Consumers are the people or organizations that purchase products or services. They are humans or other economic entities that use a good or service. Furthermore they do not sell on that that they bought.

They are the end-users in the sales distribution chain. A company that buys a printer for company use. The customer is the company who purchased the printer, and the consumers are the employees using the printer . The company doesn't intend to resell the printer.

Learn more about Consumers here:

https://brainly.com/question/27773546

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Related Questions

A market that has a single supplier of a product with no close substitutes and barriers to entry is:________

a. an oligopoly.
b. monopolistically competitive.
c. a pure monopoly.

Answers

Answer:

c. a pure monopoly.

Explanation:

A monopoly is a market structure which is typically characterized by a single-seller who sells a unique product in the market by dominance. This ultimately implies that, it is a market structure wherein the seller has no competitor because he is solely responsible for the sale of unique products without close substitutes. Any individual that deals with the sales of unique products in a monopolistic market is generally referred to as a monopolist.

For example, a public power company is an example of a monopoly because they serve as the only source of power utility provider to the general public in a society.

Additionally, a public power company refers to a company that provides power (electricity) utility to the general public of a society.

Hence, a market that has a single supplier of a product with no close substitutes and barriers to entry is a pure monopoly.

Bigelow has a levered cost of equity of 14.29% and a pretax cost of debt of 7.23%. The required return on the assets is 11%. What is the firm's debt-equity ratio based on MM Proposition II with no taxes?

Answers

Answer:

0.873

Explanation:

Given that

Cost of equity, RS = 14.29% = 0.1429

Required return on assets = 11% = 0.11

Cost of debt = 7.23% = 0.0723

Then we can calculate the firm's debt equity ratio by using the relation

0.1429 = 0.11 + B/S(0.11 - 0.0723)

0.1429 = 0.11 + B/S(0.0377)

B/S(0.0377) = 0.1429 - 0.11

B/S(0.0377) = 0.0329

B/S = 0.0329 / 0.0377

B/S = 0.873

Therefore, the debt equity ratio is 0.873

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