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
Answer:
The company should produce 7,500 bread machines to maximize profit
Explanation:
Given:
Toaster Ovens Bread Machines
Sales Price per unit 60 135
Less: variable cost per unit 38 75
Contribution Margin per unit 22 60
Machine hours per unit 1 2
Now,
Contribution Margin per Machine Hour = 
thus,
Contribution Margin per Machine Hour 22 30
Since,
The Contribution Margin per Machine Hour for the bread is more, therefore to maximize profits the kitchen company should produce Breads machines.
also,
Number of units to be produced = 
= 
= 7,500 units
I need more information to properly answer this question.
Answer:
The answers are:
- Dr accounts payable 1,000
- Cr cash 980
- Cr merchandise inventory 20
Explanation:
Since accounts payable is a liability, when it decreases, it should be debited. Since the merchandise was paid (less debt), then the company's liabilities decrease.
Since cash is an asset, when an asset decreases, it should be credited. LOL Music Store paid its debt in cash, therefore decreasing its cash account.
Since the purchase discount reduces the value of the inventory and inventory is an asset, when an asset decreases, it should be credited.
Answer:
The correct answer is A. True.
Explanation:
Yes, it is a valid and accepted practice in macroeconomic terms. The basic premise of the goods and services market is to attract more buyers in order to maximize profits, and offering new products is an action that leads to that purpose.
