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2 years ago

__________ uses price points to establish prices that help create the impression that the product is less expensive than it is.

1 answer:

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Psychological pricing uses price points to designate prices that help make the impression that the product exists less expensive than it is.

<h3>What is Psychological pricing?</h3>

Pricing, which can be a part of a company's marketing strategy, is the process by which a company determines the price at which it will offer its goods and services. Pricing is the process of determining the value that a manufacturer will receive in exchange for their goods and services. The producer uses a pricing strategy to make the cost of its products suitable for both the manufacturer and the consumer.

The use of pricing to sway a customer's purchasing decisions or spending patterns is known as psychological pricing. The objective is to satisfy a customer's psychological need, whether that need is to save money, invest in the best product, or receive a "good deal." A pricing and marketing technique known as psychological pricing is based on the idea that specific prices have psychological effects.

Hence, Psychological pricing uses price points to designate prices that help make the impression that the product exists less expensive than it is.

To learn more about Psychological pricing refer to:

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At January 31, the end of the first month of the year, the usual adjusting entry transferring expired insurance to an expense ac

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Answer:

(a)Income statement:

Insurance expense - understated

net income - overstated

(b) balance sheet:

prepaid insurance - overstated

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Explanation:

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3 years ago

Coronado Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to tota

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Answer:

Estimated manufacturing overhead rate= $2.32 per machine hour.

Explanation:

Giving the following information:

Overhead costs are estimated to total $292,552 for the year, and machine usage is estimated at 126,100 hours.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

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4 years ago

An investment adviser is opening that day's mail and receives a check from a customer made out to the "Jones Cleaning Service" -

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Complete Question:

An investment adviser is opening that day's mail and receives a check from a customer made out to the "Jones Cleaning Service" - the check was mailed in error to the adviser. The same day, the investment adviser mails the check back to Jones Cleaning Service. Under NASAA rules, the investment adviser:

I. is deemed to have taken custody of the customer's funds

II. has not taken custody of the customer's funds

III. must keep a record of the check received

IV. is not required to keep a record of the check received

A. I and III

B. I and IV

C. II and III

D. II and IV

Answer:

C. II and III

Explanation:

In this scenario, an investment adviser is opening that day's mail and receives a check from a customer made out to the "Jones Cleaning Service" - the check was mailed in error to the adviser. The same day, the investment adviser mails the check back to Jones Cleaning Service. Under North American Securities Administrators Association (NASAA) rules, the investment adviser has not taken custody of the customer's funds and must keep a record of the check received.

<em>According to NASAA rules, if an investment adviser inadvertently receives a check made out to a third party like it was made out to the "Jones Cleaning Service" in error, provided that the investment adviser mails the check to the third party (customer) within 3 business-working days, then the adviser has not taken custody of the customer's funds. Also, it is required that the investment adviser must keep a record of the check received. </em>

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3 years ago

Investors are often presented with risky investment opportunities. While high risk is typically avoided by

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The typical ideal risky investment offers a higher returns and lower liquidity than other investments

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Example of Risky investment includes Options, Futures, Stocks Investments, Equity, and other Capital market instruments etc

The advantage of risky investment is that the yield on return are very higher than non-risky investment such as Money market

The disadvantage of the investment is that its offer lower liquidity, that is, the rate at which the investment can be converted back to cash is very slow.

Therefore, the Option B is correct because Risky investment offers higher returns and lower liquidity than other investments.

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3 years ago

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1. The EEOC investigator will request that the charging party and the organisation provide information on the situation. The investigator will then go through this info and make a recommendation on if reasonable cause does exist.

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3. If however it is determined that reasonable cause for workplace discrimination did not take place, then the investigator will issue the charging party and the organisation with a dismissal and notice of rights document. This document stipulates that the charging party has 90 days to file a lawsuit in federal court if he/she decides to take further action against the organisation.

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