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Lapatulllka [165]
4 years ago
10

In general, prices should not be based on costs because

Business
1 answer:
SOVA2 [1]4 years ago
5 0

Answer:

C. consumers make their purchase decisions based on perceived value.

Explanation:

Consumer perceived value is the benefit of a product that the consumer receives by buying any specific goods or services. Perceived value is the satisfaction level of consumer that customer look in the product, rather than just paying for the product, therefore, the company need to work and develop their brand and value in the market. Cost does not define the value of the product, rather it is a satisfactory level of consumer that defines the value and price of product. Example; Customer does not pay for the software, however, they pay for the solution.

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Answer:

The break even point of a company shows how much of your goods or services you need to sell in order to cover all of your costs. It will then give you an idea of how much you need to sell in order to become profitable.

Explanation:

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Researchers who conclude that they are being denied access to public records of the federal government may be able to obtain the
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What type of writing in james t. farrell lonigan?
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Was an American novelist<span>, </span>short-story writer<span>, and </span>poet. <span>Farrell based his writing on his own experiences, particularly those that he included in his celebrated "Danny O'Neill Pentology" series of five novels.</span>
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3 years ago
Foster Gardening manufactures and sells garden supplies. Last month, Foster had a controllable margin of $1.6 million, which was
Tanya [424]

budget variance was the difference in ROI between the budgeted and actual amounts

<h3>What is budget variance?</h3>

A budget variance is an accounting term that refers to situations in which actual costs are higher or lower than the standard or projected costs. An unfavorable, or negative, budget variance indicates a budget shortfall, which can occur when revenues fall short or costs exceed expectations.

Typically, variance reports are used to examine the gap between budgeted and actual performance. Depending on the financial outcomes being compared, the variance report may also be referred to as "budget variance" or simply "variance." The difference between the budgeted/baseline goal and the actual reality is referred to as "variance."

Budget variance equals the difference between the budgeted amount of expense or revenue, and the actual cost.

To know more about budget variance follow the link:

brainly.com/question/25790358

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