<span> making on time payments on a debt
</span><span> purchasing a large kitchen appliance with cash
</span><span> saving 25% of every paycheck</span>
Answer:
The accounting cost and the economic cost associated with Joe's computer software business is $75,00 and the $165,000 respectively.
Explanation:
The computation of the accounting cost and the economic cost is shown below:
Accounting cost = Other Expenses + Salary paid to himself
= $35000 + $40,000
= $75,000
Economic cost = Accounting cost + Salary expense + Rent expenses
= $75,000 + $65,000 + $25,000
= $165,000
Answer:
variable-ratio
Explanation:
Based on the information provided within the question it seems that these individuals are usually on a variable-ratio schedule of reinforcement. This refers to a schedule of reinforcement where reinforcement is introduced to a response only after a completely random number of responses have taken place. The randomness of this schedule is why it is mostly seen in gambling and lottery.
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When adjusting the price of an established product, Jackie should have knowledge of the pricing considerations and strategies
<h3>What are the different types of pricing strategies?</h3>
There are 4 types of pricing strategies as follows :
- Premium pricing strategy
- Skimming pricing strategy
- Value pricing strategy
- Penetration pricing strategy.
In the aforesaid scenario, Jackie will employ a value pricing approach, in which he will reduce the product's cost in order to attract buyers, hence increasing the product's perceived worth.
Thus,
Pricing strategies information should be considered before introducing any changes in the price of the product.
Learn more about Pricing:
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