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
yulyashka [42]
3 years ago
9

Which factor sets the floor on setting a​ product's price?

Business
1 answer:
ZanzabumX [31]3 years ago
4 0
The customer's value perceptions sets the floor on setting a product's price. 

If a customer perceives something to have a lot of value (be considered an 'expensive' item) then it typically will hold more value to them. When looking at a customer's perceived value, marketers are looking at what a customer thinks the benefits/values of that product is in comparison with another. 
You might be interested in
When you borrowed $50 from your rich cousin, and then had to pay her back $60, what is the original $50 called? a) Bribery b) In
alexira [117]
The correct answer is C. 100%. Please mark as brainliest! :) Have a blessed day!
7 0
2 years ago
Verify why the farmers' credit union chose to increase Farm B's line of credit but not Farm A's in the following scenario:
Shkiper50 [21]

Answer:

see below

Explanation:

he farmers must have considered the ability to repay back loans when making the decision. The ability of a business to meet its current obligations is expressed by the current ratio.

The current ratio or working capital ratio communicates a firm's ability to repay debts as they become due. The higher the ratio, the better.

the current ratio is calculated as current assets/current liabilities

For Firm A,

current ratio =$150,000/ $125,000.

=1.2

For Firm B,

current ratio =$100,000/$75,000

=1.333

Firm B has a better current ratio than Firm A. Firm B is in a better position to repay loans compared to Firm A.

5 0
3 years ago
BMW is planning to make a big push into markets around the world with its MINI brand. If BMW has valuable know-how that cannot b
Vaselesa [24]
Make more money and invest in the future of cars
3 0
2 years ago
During​ recessions, American firms lay off a larger proportion of their workers than Japanese firms do. ​ (It has been claimed t
bekas [8.4K]

Answer:

The answer is "choice a"

Explanation:

In the given question the missing choices is added in attached file please find it.

The additional output produced through hiring an extra item of such an input reflects the marginal product (MP). For the very first time. for example, its marginal labor productivity was increased output generated by recruiting additional work.  

This law diminishing marginal returns as more as units that even the marginal result of even an input, that is hired input.  

In other words, any additional work input would generate less than a previous employee because recruiting additional workers decreases expected revenue on jobs, the laid-off of employees, which means the Labor would grow expected revenue.  

In Japan is laying off fewer employees even despite the slowdown it continues to produce strong outputs. The lower-priced revenues and their work remain constant along with their steady overall performance.  

Your medium product (total) item divided by total work would stay intact. United states staff layover to the other side. It laid-off the staff equals higher marginal labor for overall returns it's going to be higher production besides that, lower labor in the United States could mean an increase in the gross labor output but a larger for Japan, more then, that's why the choice a is correct.

3 0
3 years ago
How's everyones day? (Match the career with the career clusters.
Advocard [28]

I am figuring this question out for you! one moment please

Explanation:

4 0
3 years ago
Other questions:
  • Central planning is a key characteristic of which economic​ system?
    13·2 answers
  • List two examples of service you have purchased in the past or may purchase in the future
    10·1 answer
  • What is an example of a formal business standard
    11·1 answer
  • When applying for a loan, the lending institution evaluates a potential borrower's ability to complete repayment on a loan, cash
    14·1 answer
  • Xerox pioneered the first portable fax machine. In 1980, the price was $12,700. Xerox used a(n) __________ pricing strategy to h
    5·1 answer
  • Do you think that the 330 triathletes who responded to the survey may be considered a random sample from the population of triat
    13·1 answer
  • You deposit $2,000 in a savings account and a year later you have $2,100. Meanwhile, the consumer price index rises from 200 to
    15·1 answer
  • When a buyer’s willingness to pay for a good is equal to the price of the good, a. the buyer’s consumer surplus for that good is
    15·1 answer
  • Assume the following data for Cable Corporation and Multi-Media Inc.
    14·1 answer
  • Empire Electric Company (EEC) uses only debt and common equity. It can borrow unlimited amounts at an interest rate of rd = 11%
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!