Under perfect competition what sets the equilibrium price in the market

When airlines charge higher prices for seats in the Economy section Exit rows that have more leg room, they are using which pric

Leno4ka [110]

When airlines charge higher prices for seats in the Economy section Exit rows that have more leg room, they are using demand oriented pricing strategy.

<h3 /><h3>What is demand oriented pricing strategy?</h3>

This is a strategy, used by a seller inorder to set the price of a product at a limit within the buying capacity of the targeted consumers.

It is to be noted that demand-oriented attempts to set price at level that intended buyers are willing to pay.

Learn more about demand oriented pricing strategy here: brainly.com/question/25347718

#SPJ1

5 0

2 years ago

Final Exam

Lyrx [107]

I may be wrong but I believe it was copper that’s why some america coins are still made out of it today

4 0

3 years ago

Qualitative data has been described as voluminous and sometimes overwhelming to the researcher. in what ways could a researcher

ahrayia [7]

Researchers can manage and organize data by using strategies in research that will help them into organizing the information that they were able to obtain from the researches that they study. Strategies in which could help them in managing and organizing data are the following—communication, group meetings in which people who are involved with the study, extensive training, conceptual framework development and trails for external and internal audit in which should be created.

5 0

3 years ago

An individual who previously worked as a salaried corporate attorney loses his or her job. Subsequently, the individual now work

Licemer1 [7]

This individual has experienced structural mobility

Structural mobility:

It happens when societal changes enable a whole group of people to move up or down the social class ladder. Structural mobility is attributable to changes in society as a whole, not individual changes.

In the first half of the twentieth century, industrialization expanded the U.S. economy, raising the standard of living and leading to upward structural mobility. In today’s work economy, the recent recession and the outsourcing of jobs overseas have contributed to high unemployment rates. Many people have experienced economic setbacks, creating a wave of downward structural mobility.

When analyzing the trends and movements in social mobility, sociologists consider all modes of mobility. Scholars recognize that mobility is not as common or easy to achieve as many people think. In fact, some consider social mobility a myth.

What is structural social mobility ?

The concept of structural social mobility refers to change in the social position of many people due to changes in society itself.

Learn more social mobility :

brainly.com/question/26717828

#SPJ4

4 0

2 years ago

Archie Co. purchased a framing machine for $45,000 on January 1, 2021. The machine is expected to have a four-year life, with a

k0ka [10]

Answer: $10,000 and $25,000

Explanation:

DEPRECIATION FOR 2022.

Straight line method of depreciation means it depreciates by the same amount every year. You can calculate by

(Cost - Residual Value) / useful life.

=($45,000 - $5,000) / 4

= $10,000.

Each year the framing machine reduces by $10,000 meaning in 2022 the depreciation will be $10,000.

BOOK VALUE AT DECEMBER 31, 2022

We've established that every year the value drops by $10,000.

On December 31, 2021, it dropped by $10,000.

On December 31, 2022, it dropped by another $10,000.

Adding that together gives you 10,000 + 10,000 = $20,000.

$20,000 is the total depreciation at the end of 2022.

Subtract that figure from the cost,

=$45,000-$20,000

=$25,000.

BOOK VALUE ON DECEMBER 31, 2022 is $25,000.

8 0

3 years ago