The high premium pricing strategy is used.
A premium pricing approach entails pricing a product higher than comparable ones. This method is also known as skim pricing since it attempts to "skim the cream" off the top of the market.
Here the internet provider is providing high speed internet at lowest cost if the two year contract is taken, now the user gets used to that speed and now will not be satisfied with the low speed so he will take the offer even if it is provided at high price.
This strategy of pricing is called premium pricing strategy.
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Answer:
a) the quantity demanded decreases
Explanation:
As we know that'
A monopolist creates a monopoly in the market as the firm is a sole producer for the entire market due to which it charges high prices plus it is a price taker that means it offers cheap quality products at a lesser price
But if monopolist increased its price so the quantity demanded declines as the purchasing power reduced
Therefore option a is correct
Account transfer fees and account maintenance fees would not be disclosed as the broker-dealer charges.
<h3>
NASAA means the North American Securities Administrators Association.</h3>
The NASAA prepared a fee disclosure template to assist broker-dealers with compliance.
Based on the template, the following broker-dealer charges which would be disclosed includes:
- account inactivity fee
- charges for late payments
- issuance of a stock certificate
- account transfer fees
In conclusion, all of the following broker-dealer charges would be disclosed except the account transfer fees and account maintenance fees.
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Answer:
False
Explanation:
The internal users of financial information are those people with an organisation that makes use of financial information.
they include :
- The board of directors
- Employees
- Managers.
The external users of financial information are those who aren't within an organisation that makes use of financial information.
They include :
- Investors
- Lenders
- Government
- Regulatory bodies
External users of financial information use financial information in making decisions of whether to invest in or lend to a company