1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
skelet666 [1.2K]
2 years ago
6

when consumers examine products, they often compare an observed price to an internal price they remember. this is known as a(n)

Business
1 answer:
Lemur [1.5K]2 years ago
5 0

In a situation where consumers examine products, they often compare an observed price to an internal price they remember. This process is known as a reference pricing. Therefore, the option B holds true.

<h3>What is the significance of a reference price?</h3>

A reference price can be referred to or considered as the price that is known to the consumer related to a particular product due to the remembrance from the last time he or she purchased or saw that product. It is often comparable with the prevailing market prices of a product.

Therefore, the option B holds true and states regarding the significance of the reference price of a consumer.

Learn more about reference price here:

brainly.com/question/13361768

#SPJ4

The missing choices to the incomplete question have been added below for better reference.

A) markup price

B) reference price

C) market-skimming price

D) accumulated price

E) target price

You might be interested in
The balanced scorecard:
Deffense [45]

Answer:

Letter c is correct.<u> Is forward looking, stressing nonfinancial measures that can lead to benefits in the future.</u>

Explanation:

The balanced scorecard is a methodology whose focus is to assist the strategic management of a business, integrating managers and employees to work focused on obtaining long-term objectives and goals according to the company's current projects and results.

This methodology consists of actions focused on the business vision, so that there is an improvement in the management of long-term objectives, making the vision concrete through the monitoring and control of indicators to verify if the business plans are being fulfilled.

8 0
4 years ago
Suppose the dollar amount of the externality, per gallon of gasoline, is constant, regardless of how much gasoline is produced.
adelina 88 [10]

Answer:

a. required to pay a tax of $0.45 per gallon of gasoline sold.

Explanation:

The marginal external cost shows the difference between the private cost and the social cost. Also it should be the tax imposed amount. In the given case, the value is of $0.45 this represent that there is the tax of $0.45 that should be imposed on the producers in order to internalize the external cost

Therefore, the option a is correct

6 0
3 years ago
A household-products manufacturing firm was required to examine its organizational architecture in order to survive in the marke
noname [10]

Answer:

decision rights, rewards, and evaluation systems.

Explanation:

The aspects the decision firm looked into looked are decision rights, rewards, and evaluation systems.

1. Decision rights:

The person who makes all the relevant decisions should have all informations available. People with relevant information should be made to take key decisions. This would increase the possibility of the organization being in the right

direction.

2. Rewarding: this is rewarding those individuals who make the right decisions. Employees who have decision making rights should be rewarded with incentives when they make the right decisions.

3. Evaluation systems: These should be put in place to check the performance of individuals and business units.

3 0
3 years ago
____ is when the company and the customer
zzz [600]

Answer:

d. self - actualization

that is my answer

7 0
3 years ago
Read 2 more answers
Hankson Corp. has five strategic business units (SBUs)—information technology, insurance, publishing, fine arts, and tourism. It
MAXImum [283]

Answer:

B. Stars

Explanation:

Stars operate in high growth industries and maintain high market share. Stars are both cash generators and cash users. They are the primary units in which the company should invest its money, because stars are expected to become cash cows and generate positive cash flows.

3 0
3 years ago
Other questions:
  • When setting your schedule, it is sometimes necessary to tell people "No." Please select the best answer from the choices provid
    10·2 answers
  • Knorr issues 1,000 shares of $2 par value common stock for $10 per share. The journal entry to record this transaction will incl
    6·1 answer
  • Buford Bus Manufacturing installs a new assembly line. As a result, the output produced per worker increases. The marginal cost
    14·1 answer
  • The advantages of _______ are having a greater pool of knowledge, gaining different perspectives, gaining intellectual stimulati
    5·1 answer
  • SoldByAir provides drone services to the real estate industry, both residential and commercial. The purchasing manager is gettin
    8·1 answer
  • Sales revenue equals $367,810, sales returns &amp; allowances are $10,000, and sales discounts total $14,180. The cost of goods
    5·1 answer
  • Merv's Hardware, a small family-owned store in Middletown, sells a 100-pack of garnet sandpaper for $35. The Home Shoppe, a larg
    12·1 answer
  • If an economy is based primarily on businesses that provide services, what would you expect to be true about the costs of the go
    9·2 answers
  • The organizational structure in which the employees are at the bottom and the top management is on the top is known as:____.
    11·1 answer
  • in fighting ambushing marketing, who should be responsible, the host venue or organizer or the sponsoring brands?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!