The first one is False and the second one is B
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A limitation of revenue-oriented pricing is that it does not focus on maximizing the surplus of income over costs.
*Revenue-oriented pricing (also known as profit- oriented pricing or cost based pricing) where the marketer seeks to maximize the profits (i.e. the surplus income over costs) or simply to cover costs and break even.
* It is plan that focuses on increasing company income by maximizing both short and long term sales potential.
*Having a dedicated strategy of this kind is critical, as it is near impossible to grow revenue without a documented plan of action.
The only limitation is it focuses on maximizing the surplus of income over costs.
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Answer: d. the firm's least expensive average total cost for any level of output
Explanation:
In the long-run, the company is expected to be able to solve whatever problems that is limiting its efficiency such that it is only able to produce at the cheapest costs possible.
The long-run average cost curve will therefore try to illustrate this by showing the least expensive average total cost for any level of output. Every point on the LRAC will be the lowest total cost associated with the level of output that it is graphed against.
Answer:
(B) subtract both values from balance according to books
Explanation:
Provided, that the check deposited in bank is NSF.
Therefore, it will not be cashed,
Although such balance was already added to book balance as per accounting records, therefore, such amount shall be subtracted from accounting balance.
Further bank provides the information of charges which was not considered earlier.
Therefore, such amount shall also be deducted from accounting records.
Thus both such amounts shall be deducted from balance according to books.
Answer:
Making a rational choice
Explanation:
The philosophy of rational choice claims that people use logical judgments to make rational decisions and deliver results that are consistent with their very own personal goals. Such findings are also linked with the highest, self-interests of a person.
The philosophy of rational decision is based on the conjecture of intervention of rational agents who are the people in a system making rational decisions based on rational judgments and knowledge that is rationally accessible. Rational individuals form the foundation of the philosophy of rational decision and are what makes the concept of rational choices efficient.