Answer:
The strategic role of premium pricing is to create the perception that the products is superior to other competing products.
Explanation:
A premium pricing sets the price of a product higher than competing products. This strategy will automatically make the product stand out.
The economic circumstances that would encourage this pricing strategy include high demand for this particular product as well as a larger addressable market for it.
Generally speaking, increasing the price will also create better customer service, PR and clout. That will create an emotional connection with potential customers.
Creating and maintaining a premium brand with a steady and increasing premium patronage is the goal as suggested by Mark Williams for Roast Coffee.
C: Americans purchased many consumer goods on credit
Hopefully this helps.
Answer:
Maximum business interest deduction that George will be eligible to claim this year will be $525,300
Explanation:
Maximum business interest deduction is 30% of Adjusted Taxable income (ATI)
Adjusted Taxable income (ATI) = 1260000+240500+250500= $1,751,000
Maximum business interest deduction = 1751000*30%= $525300
Answer:
Answer to this question is b.46500
Explanation:
According to 28/36 guidelines, a household shall not spend more than 28% of its monthly income on housing expenses.
Applying the above rule, the monthly income of a household shall be calculated as follows:
28% x household monthly income=1085$
household monthly income=1085/28%=3875
Annual household income=3875 x 12=46500
Answer to this question is b.46500
A mixed economy is where both private businesses and the government influence the factors of production.
