All of the following factors affect the amount a customer is willing to pay for a...

Question

Question

All of the following factors affect the amount a customer is willing to pay for a product, except

Group of answer choices

A. the selling company's costs.

B. the product's uniqueness.

C. the competition's price.

D. general economic conditions.

business accounting

Answer 1

Answer #1

Answer

--Correct Answer = Option 'A' The selling company's cost DOES NOT AFFECT the amount a customer is willing to pay for a product.

--Most of the time the customer stays unaware about how much the product (he has purchased or willing to purchase) actually costs.

Answer 2

Similar Homework Help Questions

The price/earnings ratio indicates A. The amount of earnings that a company is willing to pay...

The price/earnings ratio indicates A. The amount of earnings that a company is willing to pay to shareholders in the form of dividends. B. What multiple of current earnings investors are willing to pay for a share of stock. C. The net income available to pay out in dividends to shareholders. D. The amount of earnings in relation to total assets. Which of the following would be considered an investing activity and a source of cash? A. Issuance of corporate...
13. Factors that may affect metabolic rate in humans include all of the following except: a....

13. Factors that may affect metabolic rate in humans include all of the following except: a. Age and Gender b. Amount of lean muscle mass c. Level of Thyroid Hormone d. Diet e. All of the above may affect metabolic rate 14. Metabolic Rate is typically measured by: a. Creatine Phosphate utilizatida b. Oxygen consumption C. Subcutaneous Fat burned d. Visceral Fat burned e. All of the above
Which of the following will not affect the amount of taxes you pay? a) Purchasing a...

Which of the following will not affect the amount of taxes you pay? a) Purchasing a home that will be financed with a mortgage b) Contributing a portion of your salary to your retirement account c) All of these will affect the amount of taxes you pay d) Taking a third job to enhance your wealth

________ value is the price customers would be willing to pay if they perfectly understood the...

________ value is the price customers would be willing to pay if they perfectly understood the benefits offered, while ________ value is what determines the price they are willing to pay. Select one: a. Objective; perceived b. Perceived; objective c. Objective; quantitative d. Perceived; real Once a company has invested time and money developing a unique new product, to recoup some of the high R&D costs, they will likely use a ________ pricing strategy. Select one: a. skimming b. penetration...
9. Which of the following is likely to affect the rate of economic growth? Group of...

9. Which of the following is likely to affect the rate of economic growth? Group of answer choices A. the quality of available resources B. the quantity of available resources C. technological change D. all of the above
All of the following factors are needed to compute the amount that should be saved periodically...

All of the following factors are needed to compute the amount that should be saved periodically to fund a child's college education, EXCEPT: O a. The expected annual rate of change in the Consumer Price Index b. The number of years until the child will begin college c. The rate of return to be earned on the funds to be saved d. The current cost of a year of college

Please answer all questions The following are examples of what can more properly be characterized as...

Please answer all questions The following are examples of what can more properly be characterized as Microeconomic type of analysis, EXCEPT:The following statements correctly describe what Economics is about, EXCEPT: Question 1 options: a)Is the study of how individuals make rational choices with limited economic resources. b)Is the study of the efficient allocation of economic resources in the society. c)Is the study of supply, demand and aggregate effects of individual choices. d)Is the study of how to maximize monetary wealth....
CVP analysis is used to estimate how profits are affected by all of the following factors...

CVP analysis is used to estimate how profits are affected by all of the following factors except : a. sales volume b. mix of products sold c. opportunity costs d. selling prices e. unit variable costs
Questions 5 – 7 use the following setup. Summit Systems will pay a dividend of $1.50...

Questions 5 – 7 use the following setup. Summit Systems will pay a dividend of $1.50 next year. If you expect Summit’s dividend to grow by 6% per year and its required return is 11%, what is its price per share today? Under which of the following scenarios will you be willing to pay a higher price than what you’ve solved for in Question 5? Group of answer choices A. The dividend will be $1.20 next year. B. The required...

25. All af the following are external environmental factors EXCEPT: A Legal restrictions B. Organizational values...

25. All af the following are external environmental factors EXCEPT: A Legal restrictions B. Organizational values and principles. C. Competitive movements D. Economic conditions. 26. Organizational process assets IOPAs in luence the management of projects. Which one of the following best describes the important categories of OPAs? A Organizational knowledge bases and processes. B. Processes, policies, procedures, tools, and techniques C. Organizational knowledge bases, processes, policies, and procedures. D. Organizational knowledge bases, tools, and techniques 27. The organization's processes and...