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
grandymaker [24]
3 years ago
13

3. High-end pricing depends on the customer having which of the following perceptions?

Business
1 answer:
djyliett [7]3 years ago
5 0
<h2>More expensive products are better</h2>

Explanation:

According to psychological theory, whenever a customer sees a branded item, the next immediate thing that comes to his/her mind is the price and quality.

According to the customers point of view, a branded item will possess a good quality but the cost will be little higher when compared to the non-branded items.

So higher the price, customer feels that higher the quality.

All the other options feel right sometime but option 1 is the right answer.

You might be interested in
Suppose that when the price of gasoline is $3.50 per gallon, the total amount of gasoline purchased in the United States is 6 mi
faltersainse [42]

Answer:

28.6%

Explanation:

7 0
2 years ago
a Shannon has been a member of her school's newspaper club for 2 years and attends writing workshops in her free time. Which car
boyakko [2]

She could look into both option B and D but I’m leaning more towards D as She could use her writing and English skills to compose formal documents and prepare motivational and persuasive speeches. And her initiative and independence would also be solid qualities to have for a business manager.

4 0
2 years ago
As new firms enter a competitive price-searcher market, profits of existing firms Group of answer choices rise and product diver
spin [16.1K]

Answer:

decline and product diversity in the market increases.

Explanation:

Competitive price searcher markets are those that have little barriers of entry for new firms.

Also the new forms are able to engage in transactions that are profitable. That is they easily take a market share.

In this scenario it will result in greater diversity of products as many firms can now produce goods that will be profitable in the market.

Also it will lead to a decrease in profit of existing firms as the new firm gets some of the market share

6 0
2 years ago
Selected financial data regarding current assets and current liabilities for Queen’s Line, a competitor in the cruise line indus
RSB [31]

Answer:

Current ratio = 0.33 times

Acid test ratio = 0.29 times

Explanation:

• Current ratio

Current ratio = Total current assets ÷ Total current liabilities

= $875 ÷ $2,638

= 0.33 times

• Acid test ratio

Acid test ratio = Quick assets ÷ total current liabilities

Where,

Quick assets = Total current assets - Inventory

= $875 - $116

= $759

Recall total current liabilities = $2,638

Therefore,

Acid test ratio = $759 ÷ $2,638

Acid test ratio = 0.29 times

8 0
2 years ago
Nice Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selli
attashe74 [19]

Answer:

Therefore, the change in total contribution margin is equal to change in net operating income, so there is no change in fixed expenses  and will not be affected.

Explanation:

The computation as per given question is given below:-

Variable cost per unit

= $48 + $65

= $113

Contribution margin per unit

= $240 - $113

= $127

Unit Monthly sales

= 1,500 + 240

= 1,740

Total contribution margin

= 1,740 × $127

= $220,980

Total contribution margin

= 1,500 × $192

= $288,000

So, change in total contribution margin and net operating income

= $288,000 - $220,980

= $67,020

Therefore, the change in total contribution margin is equal to change in net operating income, so there is no change in fixed expenses  and will not be affected.

6 0
3 years ago
Other questions:
  • The responsibility associated with the right for product safety is a. to investigate the store’s reputation for honesty. b. to c
    8·1 answer
  • Give some four examples of trade-offs when scarce resources are used.​
    5·1 answer
  • Quality Progress, February 2005, reports on improvements in customer satisfaction and loyalty made by Bank of America. A key mea
    12·1 answer
  • A player denies an opponent an obvious goal-scoring opportunity within that player's own penalty area by a challenge involving e
    10·1 answer
  • Tax evasion, or telling lies on your tax return is legal<br> a) true<br> b) false
    5·1 answer
  • Financial information for Forever 18 includes the following selected data: ($ in millions except share data) 2021 2020 Net incom
    12·1 answer
  • In measuring return-on-investment (ROI) from sport sponsorships, companies have used all of the following methods except A. peri
    8·1 answer
  • True or false. in the real world, decreases in ad normally lead to decreases in both output and the price level.
    11·1 answer
  • Mitchell, Inc., is expected to maintain a constant 6.05 percent growth rate in its dividends, indefinitely. If the company has a
    5·1 answer
  • If a consumer views a unit of consumption in period 1 as a perfect substitute for a unit of consumption in period 2 and if the r
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!