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enyata [817]
3 years ago
10

Magicia Multiplex Inc. charges its customers $2 for any movie before 12 p.m. on weekdays, and charges $6 for the same shows on w

eekends. For shows after 12 p.m., the price on weekdays is $4 and on weekends it is $7. These prices are based on the variations in demand for movie tickets between weekdays and weekends and before and after 12 p.m. What pricing strategy does this scenario best reflect?a) odd pricingb) even pricingc) off-peak pricingd) subscription-based pricinge) premium pricing
Business
1 answer:
Rainbow [258]3 years ago
6 0

Answer:

The correct answer is C: off-peak pricing

Explanation:

Off-peak pricing is a way of stimulating demand by charging less than "normal" in periods of low demand. In this exercise, it changes the price differentiating by weekdays and time. It expects to attract costumers to days and hours of low demand. The opposite is Peak pricing which is a way of congestion pricing where customers pay an additional fee during periods of high demand.

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Which of the following concepts requires that economic data be recorded in dollars in the United States?
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Answer:

Unit of measure concept  

Explanation:

The definition for a unit of measure refers to a common principle used throughout accounting, whereby all activities should be reported uniformly using the same currency. For instance, a business that holds its documents in just the U.S. will report its whole dealings in U.S. dollars, whereas a German company will report all its payments in euros.

If a transaction includes transactions or transfers in another currency, the sum is translated until being registered to the domestic currency utilized by an entity. Without a specific standard unit, financial reports will be impossible to generate.

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3 years ago
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2 years ago
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Preparing a Production Budget Patrick Inc. makes industrial solvents. In the first 4 months of the coming year, Patrick expects
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Answer:

$135,010

Explanation:

Duration

January

February

March

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7,980

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Potter Corporation has gained considerable market share in recent years for its​ specialty, low-volume, complex line of​ product
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Answer:

Potter Corporation should turn to activity-based costing.

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Potter Corporation should change to activity-based costing. Since Its present system seems to be deforming product costs, resulting in prices of specialty products that are below average and prices of simple products that are too high. This may lead Potter to push products that produce low profit margins.

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