Answer:
Leave the price alone. Although it may lack some of the features that competitors’ models have, the Boss brand is well-recognized and well-respected in the market
Explanation:
You chose to lower the price to $359.That was the best choice.During the maturity stage of the product life cycle, increased competition eventually forces price cutting, and market share leadership may outweigh profit as a pricing objective, so this is a good option. However, it would take some research to determine whether the company can still make a profit at this price.
Answer:
The law of diminishing marginal utility.
Explanation:
Marginal utility is basically satisfaction derived from consuming an extra unit of product. According to the law of diminishing marginal utility as consumption increases the marginal utility derived from each additional unit decreases.
So when we consume 1 chips marginal utility is high, then as more is consumed we still get some positive utility out of it but at a decreasing rate now. At some point this utility equals zero after which it starts declining as more chips are consumed because it is not providing any satisfaction now. Therefore the chips should be consumed only up to the point where the marginal utility equal zero.
Answer:
Option A is the correct one
Explanation:
Among the various options given in question statement, option A is correct
Cost behavior analysis is done make management comprehend the impact of various costs change versus changes in activities in various levels of the company. This may involve direct materials, direct labor, and overhead costs. Hence if there is no correlation between changes in the level of activity and changes in costs, then such analysis wont be an effective cost behavioral analysis
Answer:
See explanation section
Explanation:
Three reasons could be causing the opening equity balance high, and those are -
1. Issuing more common stock is one of the significant reasons for the company that causes a large amount in the opening balance of the equity account.
2. Issuing excess preference stock to involve the investors can be the other reason to get a higher amount of beginning equity balance.
3. Making much profit for the prior years, and keeping them with the retained earnings without expanding the business can be the third reason.
