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vichka [17]
4 years ago
6

Matrix, a high-end manufacturer of men's cologne, charges high prices for its cologne because customers associate high prices wi

th superior quality. This is an example of
Business
1 answer:
galben [10]4 years ago
8 0

Answer:

symbolic/prestige pricing

Explanation:

Symbolic/prestige pricing occurs when consumers associate with goods based on how costly it is. If the princes of the goods are low it doesn't encourage buyers to make purchases as they seem to associate high prices with top quality.

This is why matrix charges high for its cologne. Therefore Symbolic/prestige pricing is the answer to the question.

You might be interested in
The budget that describes how many units must be produced in order to meet sales needs and ending inventory objectives is the a.
Kobotan [32]

Answer:

A. Production budget

Explanation:

Production budget is derived from the combination of sales forecast and the planned amount of goods to be produced. Production budget helps to track cost of production and the cost needed to make sales demand of a product.

i hope this helps.

7 0
3 years ago
The common stock of the P.U.T.T. Corporation has been trading in a narrow price range for the past month, and you are convinced
konstantin123 [22]

Answer:

A) according to put call parity:

price of put option = call option - stock price + [future value / (1 + risk free rate)ⁿ]

put = $6.93 - $125 + [$140 / (1 + 5%)¹/⁴] = $6.93 - $125 +$138.30 = $20.23

B)

you have to purchase both a put and call option ⇒ straddle

the total cost of the investment = $6.93 + $20.23 = $27.16, this way you can make a profit if the stock price increases higher than $125 + $20.23 = $145.23 or decreases below than $125 - $20.23 = $104.77

4 0
3 years ago
Xenia has 10,000 people. Of this population, 1,000 residents are below age 16, and 2,000 have given up looking for work. Current
V125BC [204]

Answer:

The answer is: The unemployment rate will increase

Explanation:

To calculate unemployment rate we use the following formula:

Unemployment Rate = Number of Unemployed People / Labor Force (unemployed + employed people)

To be considered unemployed, a person must be without a job, but actively looking for one.

The unemployment rate (UR) for Xenia would be:

UR = unemployed / (unemployed + part time workers + full time workers)

UR = 500 / 7,000 = 7.14%

Currently there are 2,000 people that are not considered unemployed since they are not working but they aren't looking for a job either. For example, if 500 of those would start looking for job and became unemployed, the new unemployment rate (UR) would be: 1000 / 7,500 = 13.33%.

So if more people start looking for a job, the unemployment rate will increase.

3 0
4 years ago
Chris and Jordan are a two-person household. Chris's market hourly wage is $40, but Chris can also produce $20 of household prod
andrezito [222]

Answer:

A. Jordan specializes in household production, while Chris specializes in marketplace work.

Explanation:

Chris and Jordan both can work for their household. The best way is to achieve maximum utility by using the combination of their skills. Chris can go for household work and Jordan can go for marketplace work. They both can use combination of their specialization to achieve maximum utility.

6 0
3 years ago
Narciso Corporation is preparing a bid for a special order that would require 880 liters of material R19S. The company already h
bija089 [108]

Answer:

$5,456

Explanation:

A relevant cost can be defined as the cost that are said to be in form of a future cash cost that is relevant and important to a particular decision.

The relevant cost:

Current market cost 880 liters × Current market $6.20 per liter

= $5,456.

Therefore the relevant cost of the 880 liters of the raw material when deciding how much to bid on the special order will be $5,456

6 0
3 years ago
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