Answer:
The correct answer is proce of competing products.
Explanation:
Pricing based on competition is the establishment of a price at the same level of competition. This method is based on the idea that competitors have already elaborated their pricing strategy. In any market, many companies sell the same or similar products, and, according to the classical economy, the price of these products should, in theory, already be in equilibrium (or, at least, in a local equilibrium). Therefore, by establishing the same price as the competition, a newly created company can avoid the trial and error costs of the pricing process.
Answer: a percentage of the current operating overhead
Explanation: Operating overhead or operating expenses refers to the expenses incurred by an organisation for the smooth running of its business. These overheads do not increase when the company increases its operations by expanding its expenses.
On the other hand additional utilities, offering trays and additional raw material are direct costs and needs to be considered while making a decision.
Hence from the above we can conclude that current operating overhead is a non relevant cost.
Answer: Choosing one particular action for a situation
randomly
Explanation: A pure strategy is used to define the actions of the user in the particular situation. In such case, the user choose one alternatively from two or more and do not mix them.
Whereas, in a mixed strategy the user chooses its action from a number of alternatives in a random manner and not on the basis of any predetermined criteria as in the case of pure strategy.
Answer:
credit to Paid-In Capital from Treasury Stock for $30,000.
Explanation:
The Journal entry is shown below:-
Cash Dr, $100,000
(5,000 × $20)
To Treasury stock $70,000
(5000 × $14)
To Additional paid in capital $30,000
(5000 × $6)
Therefore we debited the cash as liability is increasing and we credited the treasury stock and additional paid in capital as it also increasing the liability.
Answer:
Letter A is correct. <u>Routine response behavior.</u>
Explanation:
Routine response behavior is a buying decision making process characterized by the act of a consumer purchasing a product or service that he has previously purchased, ie, it is configured as a usual buying scenario, the consumer already has experience buying certain products. and the purchase decision occurs automatically and routinely.
Generally this buying behavior occurs with non-durable consumer goods, which are those used consistently by the consumer, such as food, medicines and cleaning products.
