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
Kitty [74]
3 years ago
7

Matt's retail store offers all products at $2 less than its competitors. The store never runs promotional campaigns or offers sp

ecial discounts. Matt's retail store is following a(n) ________ pricing policy.
1. auction-type
2. going-rate
3. high-low
4. target-plus
5. everyday low
Business
1 answer:
olya-2409 [2.1K]3 years ago
8 0

Answer:

5) everyday low

Explanation:

An everyday low pricing policy (or strategy) refers to simply selling your products at a cheaper price than your competitors.

For example, bargain stores usually sell their products at a lower cost than the competition, Walmart, Target and Kmart are supposed to be bargain or discount stores. Another common type of retail store that uses this pricing strategy are outlet stores, specially clothing outlet stores.

You might be interested in
Which best describes the difference between sole proprietorships and partnerships?
Varvara68 [4.7K]
Sole proprietorship has a single owner while partnerships has two or more owners.
6 0
3 years ago
Read 2 more answers
nkedIn targets a specific demographic: working professionals. They tend to be older and better educated. Why might advertisers b
eimsori [14]

Answer: Recognition from the class of persons that patronize their product

Explanation:

Linkedln is a site that attracts professionals from different field of study who network amongst themselves, educate each other, share information and jobs for the benefit of others in the same field.

Advertisers might be interested in this group because their target audience are mostly found there. A large mass of individuals use social media now and when many of these professionals want information or persons who can take up roles in openings in their firms they come to linkedln

4 0
3 years ago
What was the major financial change between post ww2 borrowers and borrowers after 1970.
Mama L [17]

The major financial change between post ww2 borrowers and borrowers after 1970 was that there were plenty of jobs after World War 2 and the economy was growing at a large extent.

Most of the people believed that their income would not change even though there were plenty of jobs in the economy.

However they all have a constant income from the year 1945 to 1970.

So all the people continued  to borrow more and more money by not attending or joining any post war job in the economy.

Banks were also willing to lend more and more money as they were on the way of high earning through more lending but they get closed.

So after the war people continued to increase their loans and debt ratio in the economy of lending due to which it became the period of great depression.

To know more about post war borrowing here:

brainly.com/question/2675965

#SPJ4

4 0
1 year ago
The following information relates to Kew Company's Vale Division for last year: sales .................................. $500,00
-Dominant- [34]

Answer:

$114,000

Explanation:

The computation of the residual income is shown below:

As we know that

Residual Income = Net operating Income - Average Operating assets × Required rate of return

where,

Net Operating Income is

= Sales Revenue - Variable Costs - Fixed Costs

= $500,000 - $300,000 - $50,000

= $150,000

And,

Average operating Assets is

= Net Operating Income ÷ Return on Investment

= $150,000 ÷ 0.25

= $600,000

So, the residual income is

= $150,000 - $600,000 × 6%

= $150,000 - $36,000

= $114,000

3 0
3 years ago
At Midland Company's break-even point of 9,000 units, fixed costs are $180,000 and variable costs are $540,000 in total. The uni
amid [387]

Answer: $80

Explanation:

Since the fixed costs are $180,000 and variable costs are $540,000, then the total cost will be:

= Fixed cost + Variable cost

= $180000 + 540000

= $720000

Since there are 9000 units, then the unit sales price will be:

= $720000 / 9000

= $80

The unit sales price is $80

7 0
3 years ago
Other questions:
  • The last time an attorney addresses a jury is during the
    11·2 answers
  • When using survey feedback activities:
    10·1 answer
  • A firm is selling two products, chairs and bar stools, each at $50 per unit. Chairs have a variable cost of $25, and bar stools
    12·1 answer
  • What is one argument in favor of the wealth gap? the lower classes have the opportunity to invest. poor people can easily move i
    5·2 answers
  • 2. You retire at age 60 and expect to live another 23 years. On the day you retire, you have $568,900 in your retirement savings
    5·1 answer
  • In a period of rising prices, the inventory method that produces the lowest ending inventory is the:
    8·1 answer
  • The ultimate goal of any product costing system for a manufacturer is to determine the cost of producing one unit of product.
    13·1 answer
  • Although Tracith is one of the best supermarkets in the coastal town of Dawntonia, it fails to retain customers. To solve this p
    11·1 answer
  • Credit granted by retailers to consumers who purchase for personal or family use is referred to as answer
    11·1 answer
  • Making sales to a customer on credit is an example of a ________ decision, and would be the responsibility of the __________.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!