Answer: he could benefit from adopting such a system, but should also consult with an accountant for advice about what's best.
Differential pricing means charging different prices to different buyers for the same quality and quantity of product. For example, many movie theaters offer discounted tickets for seniors
<h3>What is
pricing?</h3>
Pricing is the process by which a company determines the price at which it will sell its products and services, and it may be part of the company's marketing strategy.
Pricing criteria represent customer or deal characteristics. Price administrators define the pricing criteria that will be used to determine their company's pricing strategy. When you define the pricing segments and pricing strategies, you use the values for the pricing criteria.
It is possible to barter. Buyers must decide whether the utility gained from the exchange is worth the loss of purchasing power. In an open market economy, price represents the value of a good/service among potential purchasers and ensures competition among sellers.
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Answer:
0.5
Explanation:
marginal propensity to consume Can be regarded as the increase in pay that is been consumer experience on the purchasing of products which is just a part at aggregate. Instead of consumer to save
We are told that income rises from $46,000 to $48,000.
The difference= $48,000-$46,000= $2000
✓consumption spending rises from $38,00 to $39,500
The difference= $39,500-$38,00= $1000
Then the marginal propensity to consume can calculated as ratio of the difference in consumption spending to income rise
=1000/2000=0.5
Therefore, the MPC is 0.5
Answer:
$213,500.
Explanation:
Retained earnings balance at the beginning of the year $ 166,000
- Cash dividends declared for the year 52,000
+ Net income for the year 99,500
Answer:
that would be employers or acquaintances