Answer: The answer is price skimming.
Explanation:
The price skimming is a form of price discrimination overtime rather than space. It is a situation where a company wants to take the advantage of some buyers willing to pay a higher price for a product than other because, To them the product has a high present value price in order to earn extra money from such buyers.
This type of objective is favoured where the following condition exist
1. There are enough buyers who want to pay higher price.
2. The higher price will not quickly attract entry by competitors.
3. The demand for the goods is highly inelastic, in cases whereby buyers are not price sensitive and therefore, do not react to higher prices.
4. If the Market is a narrow one
5. If the emphasis is not on high volume production and sales.
Answer:
Date Account and Explanation Debit Credit
Bonds payable $476,000
Loss on bond redemption $7,140
(461,720 - 454,580)
Cash $461,720
(476,000 * 0.97)
Discount on bonds payable $21,420
(476,000 - 454,580)
<em>(To record redemption of the bonds)</em>
Here are the
things needed to be considered:
20 feet= 1
TEU
40 feet= 1
TEU
<span>For 70
twenty-foot containers, multiply it with the conversion factor (1 TEU/1
twenty-foot) then cancel the twenty-foot unit. The answer is 70 TEUs. As for 30
forty-foot containers, you apply the same process but you use the 2nd conversion
factor which is (2 TEUs/ 1 forty-foot). The answer is 60 TEUs. </span>
<span>So 70+ 60= 130 TEUs
</span>
<span>false
In the United States, the cases most regularly connected with liability as it relates to product are carelessness, strict obligation, rupture of guarantee, and different buyer insurance claims. The lion's share of item risk laws are resolved at the state level and shift generally from state to state.</span>