General Mills sold three
sizes of cereal cheerios at $2.99, $3.99, and $4.49 each. Selling
tactic used by the company is psychology pricing. General Mills used this
technique to
encourage customers to respond on emotional levels rather than logical ones.
<span>Setting
the price of the cereal at $2.99 is proven to attract more consumers than setting
it at $3.00, even though the difference is only $.01. Consumers are said to put
more attention on the first number on a price tag than the last. </span>
Answer: $298,800
Explanation:
Cost of goods purchased = Gross merchandise cost + Transportation-in (Carriage inwards) - Purchase discount - Purchase returns
= 304,000 + 6,700 - 3,500 - 8,400
= $298,800
Answer:
The correct answer is B
Explanation:
As the Ted was dissatisfied with the job because of the working conditions, policy of company and supervision. And as per the theory of the Frederick Herzberg, the study indicate that the certain factors of the job are related to the job satisfaction whereas the other factors lead to job dissatisfaction.
In accordance with the theory, the motivating factors are the intrinsic elements of the job that lead to satisfaction like achievement, affiliation, growth and responsibility. And the hygiene factors are the extrinsic elements of the work environment.
Therefore, the extrinsic factors which is hygiene factor or elements of the work environment will not serve as the source of the employee motivation or the satisfaction
Answer: d. b and c
Your analysis assumes that velocity is constant, and it is not.
Your analysis assumes that you can correctly define the money supply
Explanation:
Here are the options for the question:
a. Your analysis assumes that Real GDP is constant over time, and it is not.
b. Your analysis assumes that velocity is constant, and it is not.
c. Your analysis assumes that you can correctly define the money supply.
d. b and c
e. a, b and c
According to the constant-money-growth-rate rule, the government should target money growth rate in a way that it will be equal to growth rate of the real GDP.
The likely thing that economist Smith, who favors activist monetary policy would say to economist Jones is that Jones is assuming velocity will be constant, and is also correctly defining the money supply which should not.be the case as velocity isn't always constant.
Answer:
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