Answer:
A,Because at ceteris paribus the lower the price the higher the demand and vice versa according to the law of demand.
Answer:
Price Skimming
Explanation:
Price skimming: It is a pricing strategy of a firm that allow firm to use higher price of a product initially, however, firm reduce the price over the period of time to gain more marketshare by penetrating the product into different segment, which are price sensetive segment. Higher price at the beginning help the firm to gain more profit to cover most of the cost as demand is high at the beginning due to brand value and buzz created by the firm before launching the product in the market.
In the given case, Prairie herb vinegar have sold the 16-ounce bottle at higher price than Heinz Vinegar, however, they are used in the same way, as Prairie Herb vinegar is new to the market, perceived to be of higher quality, and provides a unique flavor to foods, which is a example of price skimming.
Answer:
overall rehabilitation goal.
Explanation:
In order for rehabilitation to be successful, an overall rehabilitation goal must be established. This overall goal must include where the patient plans to live, work and socialize after the rehabilitation process is over. By setting the overall rehabilitation goal, therapy can be directed to focus on specific activities related to that goal.
For example, a patient that plans to live in an apartment in a big city has to carry different activities than a patient who plans to live in a house in a small town or in the countryside.
Answer:
$8,770.00
Explanation:
In this question we use the present value formula i.e shown in the attachment below:
Data provided in the question
Future value = $0
Rate of interest = 0.48%
NPER = 4 years × 12 months = 48 months
PMT = $205
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after solving this, the answer would be $8,770.00
