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
Tom [10]
3 years ago
6

The pricing strategy used by companies manufacturing or selling designer apparel custom jewelry and exclusive paintings is refer

red to as
Business
1 answer:
a_sh-v [17]3 years ago
8 0

Answer : Premium Pricing.

Companies manufacturing or selling designer apparel, custom jewellery or exclusive paintings usually have a unique brand. These companies usually have their own signature brands that have a big competitive advantage. Hence they charge higher prices.

You might be interested in
Miller owns a personal residence witha fair market value of $308,000 and an outstanding first mortgage of $246,400. Miller gets
marysya [2.9K]

Answer: $246,400

Explanation:

Qualified residence indebtedness refers to the mortgage that's taken to purchase or improve on one's main home.

Based on the information given above, the on the $246,400 of the first and second mortgage is treated as qualified residence indebtedness.

3 0
3 years ago
What is confidential information​
dem82 [27]

Answer:

Information that is top secret vip your eyes only

6 0
2 years ago
Read 2 more answers
As a result of a thorough physical inventory, Railway Company determined that it had inventory worth $180,000 at December 31. Th
fgiga [73]

Answer:

The answer is: $215,000

Explanation:

Railway Company should include the goods worth $35,000 that Rogers Consignment store has. Once this amount is included, the total inventory for Railway Company should be $215,000 ($180,000 + $35,000).

Merchandise purchased and shipped as FOB destination, belongs to the seller until it has been properly delivered to the buyer. It will increase the inventory once it arrives on January 3.

7 0
2 years ago
Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that hi
tangare [24]

Answer:

The correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

Explanation:

Note: This question is not complete because some important figures and points are missing in it. These figures and points are therefore provided to complete the question before answering it as follows:

Charley spends all of his income on soft drinks and pizza. Suppose he is currently buying these products in amounts such that his marginal benefit from an additional soft drink is $100 and his marginal benefit from an additional slice of pizza is $110. If the price of a soft drink is $2 and the price of a slice of pizza is $3, is Charley maximizing his total benefits?

A. No, he should increase his consumption of both goods.

B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

C. Yes, there is no other consumption choice that will make his total benefits greater.

D. No, he should shift consumption toward pizza and away from soft drinks to maximize total benefits.'

The explanation of the answer is now provided as follows:

Under utility maximization theory, the condition for the utility or benefit maximization for two goods is as follows:

MBs / Ps = MBp / Pp ……………………………. (1)

Where:

MBs = Marginal benefit from an additional soft drink = $100

MBp = Marginal benefit from an additional slice of pizza =$110

Ps = Price of a soft drink = $2

Pp = Price of a slice of pizza = $3

Subtitling the relevant values, we have:

MBs / Ps = Marginal utility per dollar spent on soft drinks = $100 / $2 = 50

MBp / Pp = Marginal utility per dollar spent on soft pizza = $110 / $3 = 36.67

This implies that 50 = MBs / Ps > MBp / Pp = 36.67

The decision rule is that the limited money income should be spent by a consumer on the good which gives the higher marginal utility per dollar in order to maximize marginal benefit.

Since 50 = MBs / Ps > MBp / Pp = 36.67 above, this implies that Charley is NOT maximizing his total benefits. To maximize his total benefits, Charley should consume more of soft drinks and less of pizza until the condition is consistent with equation (1).

Therefore, the correct option is B. No, he should shift consumption toward soft drinks and away from pizza to maximize total benefits.

7 0
2 years ago
You are trying to decide whether to take a vacation. Most of the costs of the vacation (airfare, hotel, and forgone wages) are m
alina1380 [7]

Answer:

Explanation:

The comparison of psychological benefits to actual tangible costs depends on the individual in question. If the individual is constantly stressed to the point which the stress is affecting his/her health, work performance, mood, behavior around family, etc. then the tangible costs of going on vacation may be worth it. This is because a vacation would provide a moment of relaxation which would relieve all of that individual's stress and in doing so improve the individual's work performance, health, and overall quality of life. Therefore, the comparison between physical benefits to costs is always going to be a personal opinion.

5 0
3 years ago
Other questions:
  • In a master-detail relationship scenario, the fields of the parent object need to be displayed in the related list. How will a d
    7·1 answer
  • PLEASE HELP ME!!!!!!!!!!!!!!!!!!!!!111 I NEED HELP RIGHT NOW!!!!!!!!! IM LITERALLLY CRYING! JK IM NOT BUT I NEED HELP!!!!!!
    9·1 answer
  • Which of the following is notpart of the task of identifying the strategic issues and problems that merit front-burner manageria
    8·1 answer
  • Future Motors is expected to pay a $3.30 a share annual dividend next year. Dividends are expected to increase by 2.75 percent a
    6·1 answer
  • If an economy experiences deflation, the real interest rate will be greater than the nominal interest rate. will be negative whe
    12·1 answer
  • Alternative Production Procedures and Operating Leverage Assume Sharpie, a brand of Newell Brands, is planning to introduce a ne
    11·1 answer
  • Are asains attractive. <br> if u say no, u eat peanutbutter between my 98 yr old grandpas toes ;)
    11·2 answers
  • An organization with customer-focused design with the inverted organization structure puts the empowered front-line workers at t
    5·1 answer
  • Pasadena Candle Inc. budgeted production of 785,000 candles for January. Each candle requires molding. Assume that six minutes a
    5·1 answer
  • True or False: As the cost of capital decreases, so does the value of the firm. Group of answer choices True False
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!