What is the type of pricing determined largely by what other companies in your industry are charging?

In the short run, the quantity of output that firms supply can deviate from the natural level of output if the actual price leve

DaniilM [7]

Answer: fall, reducing, fall below

Explanation:

the misperceptions theory asserts that changes in the price level can temporarily mislead firms about what is happening to their output prices. Consider a soybean farmer who expects a price level of 100 in the coming year. If the actual price level turns out to be 90, soybean prices will __________ , and if the farmer mistakenly assumes that the price of soybeans declined relative to other prices of goods and services, she will respond by __________ the quantity of soybeans supplied. If other producers in this economy mistake changes in the price level for changes in their relative prices, the unexpected decrease in the price level causes the quantity of output supplied to __________the natural level of output in the short run.

3 0

3 years ago

In a weaker economy, some high-end brands may seek to become more attractive to additional customer segments. one way to do this

Leya [2.2K]

In a weaker economy, some high-end brands may seek to become more attractive to additional customer segments. one way to do this is to reposition the brand.

This is further explained below.

<h3>What are high-end brands?</h3>

Generally, It's possible that some high-end businesses may try to appeal to a wider variety of consumers while the economy continues to struggle as a whole.

Repositioning the brand is one approach that may be used in this direction.

In conclusion, The highest-end versions of things, particularly electronic ones, often come with the highest price tags.

Read more about high-end brands

brainly.com/question/28284735

#SPJ1

7 0

1 year ago

Seldomridge, Inc., manufactures and sells two products: Product I5 and Product U0. Data concerning the expected production of ea

Dmitry [639]

Answer:

Seldomridge, Inc.

The unit product cost of Product UO under activity-based costing is closest to:

= $2,930.77

Explanation:

a) Data and Calculations:

Direct labor rate = $24.40

Product I5 Product U0 Total

Expected Production 700 200 900

Direct Labor-Hours Per Unit 7.0 10.0

Total Direct Labor-Hours 4,900 2,000 6,900

Total direct labor costs $119,560 $48,800 $168,360

Direct Materials Cost per Unit $116.10 $212.10

Total direct materials cost $81,200 $42,420 $123,620

Activity Estimated Activity Measures

Activity Cost Pools Measure Overhead Product I5 Product U0 Total

Labor-related DLHs $ 246,468 4,900 2,000 6,900

Product testing tests 10,494 500 400 900

Order size MHs 837,660 4,700 4,500 9,200

Total $ 1,094,622

Overhead Rates

Labor-related $35.72 ($246,468/6,900)

Product testing $11.66 ($10,494/900)

Order size $91.05 ($837,660/9,200)

Overhead applied to Product UO:

Labor-related = $71,440 ($35.72 * 2,000)

Product testing 4,664 ($11.66 * 400)

Order size 418,830 ($91.05 * 4,600)

Total overhead $494,934

Product UO

Direct labor costs $48,800

Direct materials costs 42,420

Overhead costs 494,934

Total product costs $586,154

Expected production units 200

Unit product cost = $2,930.77

7 0

3 years ago

This is just a question about how Brainly works.

Pie

im not sure why you cant delete them, but from research, it says only 10 mins or less. or if your unlucky, 14 days. sorry of i couldint help.

5 0

2 years ago

Allison Cobb sells homemade knit scarves for $ 25 each at local craft shows. Her contribution margin ratio is 60%. Currently,

Oksanka [162]

<h2><u>Answer</u>: Break-Even point ( in units)= Fixed Costs ÷ (Sales price per unit – Variable costs per unit) </h2>

Allison will have to sell 6 extra scarves next year just to pay for rising entrance fee costs.

<h2><u>Explanation</u>:</h2>

Formula :

Break-Even point ( in units)= Fixed Costs ÷ (Sales price per unit – Variable costs per unit)

Given, Price of knit scarves = $25

Contribution margin ratio = 60%

Contribution margin per unit = (Price of knit scarves) x (Contribution margin ratio )

= $(25 x 0.60 )

= $15

Current entrance fees = $900

Percentage in increase in entrance fees = 10%

Increase in entrance fees = 10% of $900 = $90

Extra scarves to be sold $=\dfrac{\text{Increase in extrnace fees}}{\text{Contribution margin per unit}}$

$\\\\=\dfrac{90}{15}=6$

Allison will have to sell 6 extra scarves next year just to pay for rising entrance fee costs.

7 0

3 years ago