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labwork [276]
3 years ago
5

The Coffee Express company is located in a business district with few customers on the weekend. To attract customers on Saturday

and Sundays, it reduces its prices on these two days. This is an example of__________.
a. the target return effect.
b. the substitution effect.
c. dynamic pricing.
d. the income effect.
e. cross-price elasticity.
Business
1 answer:
emmainna [20.7K]3 years ago
5 0

Answer:

c. dynamic pricing.

Explanation:

Dynamic pricing is when the price of a product is not fixed but flexible. Prices change based on changes in demand. It is also known as surge pricing or demand pricing.

The Coffee Express company reduces its prices on the weekends due to a fall in demand. This is Dynamic pricing.

Cross price elasticity measures the degree of responsiveness of quantity demanded of a good to changes in the price of another good.

The income effect measures how consumption and demand for a product changes when real income changes.

The substitution effect measures how a consumer subsistuites one good for another good when there's a change in price.

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The purpose of the Splish Brothers Division is to develop a nuclear-powered aircraft. If successful, traveling delays associated
Ber [7]

Answer: Please refer to Explanation.

Explanation:

Your question was incomplete so I attached the missing details.

The Carrying Amount of the Division has to be ascertained to move forward as it is needed in calculating the loss on Impairment. It is calculated by subtracting Goodwill from the Net Assets.

= 496 - 214

= $282 million

Calculating the Loss on impairment is done by the following formula,

= Market Price - Carrying Amount of the Division (net of Goodwill) - carrying value of Goodwill

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= -$161 million.

Journal Entry

DR Loss on Impairment $161 million

CR Goodwill $161 million

(To record the loss on Impairment)

8 0
3 years ago
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luda_lava [24]

Answer:

true

Explanation:

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After a large hotel chain discovered that their computer systems had been hacked and customer credit card information had been a
Gnesinka [82]
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jillian wishes to purchase an all-inclusive insurance policy for her new car. If an insurance company quotes her a price of $100
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levacccp [35]

The steps that marketers should follow are identify cost of necessary communications, compare budget to that of competitors and establish set of communication objectives.

<h3>What is communication?</h3>

The traditional definition of communication is the transfer of information. The phrase could be used to describe the transmission's message or the field of study that looks into it. There are several disagreements over the precise definition of it. This justification suggests that one definition of communication might be the process of mutual understanding being established between things or groups through the use of signs, symbols, and semiotic customs. It's important to distinguish between non-verbal communication, which can include things like gestures and facial expressions, and verbal communication, which happens through the use of words. Models of communication provide a detailed description of the numerous stages and parties involved in communication. Numerous academic fields focus on communication. Information theory examines how information is generally quantified, stored, and transmitted.

To learn more about communication, visit:

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