Answer:
Psychological pricing
Explanation:
Psychological pricing also known as price ending, charm pricing is a pricing and marketing strategy based on the theory that prices produces a psychological impact. This involves setting prices as odd prices being a little less than a whole number such as $9.99 or £2.99. It is believed that consumers think that this prices are lower than they actually are.
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Hundred Days
Explanation:
The period between March 9 and June 16, 1933, when Congress passed 15 major acts to meet the economic crisis of the Depression was called <u>the hundred Days</u>. As we know that the First New Deal began in a whirlwind of legislative action called “The First Hundred Days.” From March through June 1933, at Roosevelt’s behest, Congress passed legislation aimed at addressing the banking crisis, unemployment, and weak industrial performance, among other problems, through an “alphabet soup” of new laws and agencies.
Answer:
Variable Cost per hour is $4.86
Explanation:
given data
Highest Cost = $27,049
Lowest Cost = $19,772
Highest Cost Driver = 4,168 hours
Lowest Cost Driver = 2,672 hours
solution
we get here Variable Cost per hour that is express as
Variable Cost per hour = (Highest Cost - Lowest Cost) ÷ (Highest Cost Driver - Lowest Cost Driver) ......................1
put here value and we get
Variable Cost per hour =
Variable Cost per hour =
Variable Cost per hour = 4.86
so Variable Cost per hour is $4.86
Answer:
A. can choose the quantity of butter that it produces but not the price at which it sells its butter.
Explanation:
Taking into consideration the characteristic of the market explained in the exercise we would say that it is a Competitive Market.
One of the characteristics of a Perfect Competitive Market is that the price of the products is determined by the market, which means that no single seller can't change or influence the price on its own.
Hope it helps. Good luck.