Status quo pricing objective de-emphasizes price and can lead to a climate of nonprice competition in an industry. Status quo—seeks to maintain a consistent level of profit made from a certain product by keeping your product pricing comparable to those of the same or similar items sold by your competitors in order to avoid beginning a price war.
The soft drink industry is an often used illustration of status quo pricing. Be it a Pepsi or a Coca-Cola product, the cost of a bottle of soda tends to be quite constant. Coca-Cola and Pepsi often represent the status quo in terms of pricing.
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Answer:
The explanation of this question is given below in explanation section
Explanation:
Minimax
Minimax will work as usual if it’s set up right. We’ll be backing up a vector of evaluations and at each level the player will choose what is best for him, even if it is also good for the other player. Thus if we assign increasingly positive values for states increasingly better for Max and increasingly negative values for states increasingly better for Min, then minimax will work unmodified. If both players have increasingly positive values, each player just picks the maximum value, so it’s a “maximax” algorithm.
Alpha-beta algorithm
However, alpha-beta pruning will not work because built into it is the idea that what’s good for max is bad for min – for example min won’t let max go down a path since min can force something worse, so max knowing this doesn’t have to explore that path. But without zero-sum assumption, the same state could be good for both min and max; you can’t assume that just because max likes it that min won’t, and vice versa.
The new price is $480,000 and it is reduced of a model by 25%. We can find the original price using proportions:$ x --------------------100%$480,000 ----------- 75%x : 480,000 = 100 : 7575 x = 48,000,000x = 48,000,000 : 75x = $640,000$640,000 - $480,000 = $160,000Answer: The original price was $640,000 and $160,000 can be saved.
Answer:
B. A contra liability
Explanation:
A contra liability account is an account that is paired with another liability account and used to reduce the liability in that account. The Discount on Bonds Payable, decreases the Value of Bonds.
Answer:
$2,560,000
Explanation:
impairment loss = division's book value - division's fair market value = $3,080,000 - $2,320,000 = $760,000
Assets held for sale are no longer depreciated, but they must be recorded at lower value between carrying cost and fair market value. Since the fair market value is lower than carrying value, then an impairment loss results.
loss on discontinued operations = loss from operations 2019 + impairment loss = $1,800,000 + $760,000 = $2,560,000