Um what’s the answer choices?
Answer: $2,025
Explanation:
Your monthly payment based on the rate of 6.3% per annum is:
= (6.3% * 1,620,000 ) / 12 months
= 102,060 / 12
= $8,505
Now that the rate has gone up to 7.8% per annum, the payment is:
= (7.8% * 1,620,000 ) / 12 months
= 126,360 / 12
= $10,530
Payment went up by:
= 10,530 - 8,505
= $2,025
Answer:
The correct word for the blank space is: competitive.
Explanation:
Pricing strategies are methods companies use at the moment of setting the prices of their products. The most common pricing strategies are:
- Cost-plus pricing.<em> Involves recognizing the production costs and adding a percentage of those costs which represents the profit of the firm.
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- <u>Competitive pricing</u>.<em> Implies establishing the price of a product similar to what competitors in the market have set.
</em>
- Value-based pricing.<em> It requires setting the price of goods and services based on what consumers think the price should be.
</em>
- Price skimming.<em> Involves pricing a product high at first and changing the price according to market fluctuations.
</em>
- Penetration pricing.<em> Implies setting the price of a product low to wipe out competitors and raising it after they completely disappeared.</em>
Answer: option E -Corporation
Explanation:
Corporation is the most effective form of business organization for raising capital