1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
liberstina [14]
3 years ago
11

Diamonds and other jewels often carry a high price to convey an image of high quality or uniqueness. This type of pricing is kno

wn as a. variable pricing. b. penetration pricing. c. skimming pricing. d. prestige pricing.
Business
1 answer:
olchik [2.2K]3 years ago
5 0
Prestige pricing is a unique pricing method involving products which would actually generate less overall profit at lower prices than higher prices. As long as the product is views by the public as being "prestigious," it will be in greater demand at the higher price. If the price were lowered, the public opinion of the product would be lower and the product would be seen as less desirable. This results in the product selling less at the lower price than at the higher price.
You might be interested in
What is one thing the government does as it enforces consumer protection regulations
Papessa [141]
<span>tests products such as drugs and automobiles for safety</span>
4 0
3 years ago
Read 2 more answers
Sheen Awnings reported net income of $90 million. Included in that number were depreciation expense of $3 million and a loss on
Serggg [28]

Answer:

The Sheen’s cash flows from operating activities is $95 million

Explanation:

Cash flows from operating activities :

The cash flow from operating activities includes all those activities which are of short term period. Like changes in working capital or we can say increase in currents assets or decrease in current assets or increase/decrease in current liabilities.

The increase in current liabilities increase the cash balance, hence it is added and decrease in current liabilities decrease the cash balance. But in the case of current asset, it is opposite.

The depreciation expense and loss on sale of equipment is added. So, we take them in the computation part.

The cash flow from operating activities is equals to

= Net income + depreciation expenses + loss on sale of equipment - increase in accounts receivable +  increase in accounts payable - increase in inventory

= $90 + $3 + $2 - $1 + $4 - $3

= $95 million

Hence, the Sheen’s cash flows from operating activities is $95 million

8 0
3 years ago
Which of these job characteristics would result in the learning curve having less of an effect?
tino4ka555 [31]

Repetitive tasks would have less of  a learning curve than more complex tasks.

7 0
3 years ago
Assume that you just won $35 million in the Florida lottery, and hence the state will pay you 20 annual payments of $1.75 millio
Rus_ich [418]

Answer:

$21.277 million

Explanation:

Data provided in the question:

Amount of lottery won = $35 million

Number of annual payments = 20

Amount of annual payment = $1.75 million

Interest rate = 6%

Now,

Present value of the payment = Payment × Present value factor

Also,

Present value factor = [1 + r]⁻ⁿ

Since the payment started immediately

Therefore,

Base year i.e n = 0

Thus,

we have

Year (n)         Annual payment              Present value

   0                    $1.75 million                   $1.75 million

   1                    $1.75 million                   $ 1.650943 million

   2                    $1.75 million                   $1.557494 million

   3                    $1.75 million                   $1.469334 million

   4                    $1.75 million                   $1.386164 million

   5                    $1.75 million                   $1.307702 million

   6                    $1.75 million                   $1.233681 million

   7                    $1.75 million                   $1.16385 million

   8                    $1.75 million                   $1.097972 million

   9                    $1.75 million                   $1.035822 million

   10                    $1.75 million                   $0.977191 million

   11                    $1.75 million                   $0.921878 million

   12                    $1.75 million                   $0.869696 million

   13                    $1.75 million                   $0.820468 million

   14                    $1.75 million                   $0.774027 million

   15                    $1.75 million                   $0.730214 million

   16                    $1.75 million                   $0.688881 million

   17                    $1.75 million                   $0.649888 million

   18                    $1.75 million                   $0.613102 million

   19                    $1.75 million                   $0.578398 million

Hence,

The present value of the  winnings = ∑ Present value of payments

= $21.277 million

7 0
3 years ago
A parents' group in a small town formed an unincorporated association to run a little league soccer team. Alex was elected presi
Keith_Richards [23]

Answer:

The only person liable for the goods purchased is Alex because he was the person that made the purchases.

Explanation:

Alex is to be held liable because he was authorized to make the purchase. A single member of an unincorporated association is liable for the debts of the organization if they are given authorization to execute a specific act which is seen in this case here.

6 0
3 years ago
Other questions:
  • Fowler, Inc., just paid a dividend of $2.75 per share on its stock. The dividends are expected to grow at a constant rate of 6.5
    10·1 answer
  • Suppose an increase in the price of rubber coincides with an advance in the technology of tire production. As a result of these
    15·1 answer
  • Which is the most challenging kind of supply chain to manage according to hau lee?
    6·1 answer
  • For a risk averse person, a. the pleasure of winning $1,000 on a bet exceeds the pain of losing $1,000 on a bet. b. the pain of
    9·1 answer
  • Jack was invited to lunch by his supervisor to discuss his annual performance evaluation. As Jack was walking to the restaurant,
    9·1 answer
  • You plan to go to school this summer. If you​ do, you​ won't be able to take your usual summer job that pays ​$4 comma 000 for t
    15·1 answer
  • During the current year, the Finn Foundation, a nongovernmental not‐for‐profit organization, received a $1,000,000 permanent end
    8·1 answer
  • issued $400,000 of 10-year bonds at a discount. Prior to maturity, when the carrying value of the bonds was $388,000, the compan
    10·1 answer
  • g An airline is considering a project of replacement and upgrading of machinery that would improve efficiency. The new machinery
    7·1 answer
  • A joint venture is an agreement between two or more companies to share a business project.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!