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zaharov [31]
3 years ago
14

Which is a TRUE statement about price premiums for differentiated products? Consumers are relatively insensitive to premium pric

es. Consumers are highly sensitive to price premiums. Consumers are ambivalent to price premiums. None of these
Business
1 answer:
Eduardwww [97]3 years ago
8 0

<u>Answer:</u>Consumers are relatively insensitive to premium prices.

<u>Explanation:</u>

Premium pricing is generally done by the firms to prove that their products are competitive enough in the market. Also premium pricing denotes that the product has high value in the market. Companies fixing the prices know that the consumers will not investigate if it truly valuable.

The organisations also establish a brand name to prove that they are luxury brand. So the customers are also insensitive to the prices of those products. For example Apple phones, Rolex watches etc.

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. Choose an example of a company you could start, and decide which business structure would make the most sense for that type of
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Vaughn Manufacturing incurred the following costs for 72000 units: Variable costs $432000 Fixed costs 392000 Vaughn has received
Zinaida [17]
$7.8
Explanation:
Variable costs = $504,000
Fixed costs = $392,000
Number of units produced = 84,000
Shipping charges = $4,500
Therefore, the variable cost per unit is calculated as follows:
= Variable costs ÷ Number of units produced
= $504,000 ÷ 84,000
= $6 per unit
Incremental fixed cost per unit (For 2,500):
= Shipping cost ÷ 2,500
= $4,500 ÷ 2,500
= $1.8 per unit
Therefore, the unit sales price will be the sum total of variable cost per unit and incremental fixed cost per unit for the shipping charges.
BEP (in sales price per unit):
= Variable cost per unit + incremental fixed cost per unit
= $6 + $1.8
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4 0
3 years ago
The income statement reports financial information related to the following broad areas of business except
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6 0
3 years ago
Suppose N= 15 and r=4.<br> What is the probability of x = 3 for n = 10 (to 4 decimals)?
worty [1.4K]

Using the Hypergeometric distribution principle, the probability of X = 3 in the function is 0.4396

Defining an hypergeometric distribution function :

P(X = k)  =  \frac{ \binom{r}{k} \binom{N - r}{n - k}  }{ \binom{N}{n} }

The parameters given :

  • N = 15
  • r = 4
  • X = 3
  • n = 10

P(X = 3)  =  \frac{ \binom{4}{3} \binom{15 - 4}{10 - 3}  }{ \binom{15}{10} }  = \frac{ \binom{4}{3} \binom{11}{7}  }{ \binom{15}{10} }

Using Combination :

Recall : nCr = n! ÷ (n-r)!r!

Using a calculator :

P(X = 3)  =  \frac{ \binom{4}{3} \binom{15 - 4}{10 - 3}  }{ \binom{15}{10} }  = \frac{ \binom{4}{3} \binom{11}{7}  }{ \binom{15}{10}} =  \frac{(4 \times 330)}{3003}  =  \frac{1320}{3003}  = 0.4396

Therefore, the probability of X = 3 in the hypergeometric function is 0.4396 (rounded to 4 decimal places).

Learn more :brainly.com/question/6678286?referrer=searchResults

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2 years ago
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