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Elis [28]
3 years ago
7

​"Relevant costs for pricing decisions are full costs of the​ product." Do you​ agree? Explain. A. ​Yes, full costs of the produ

ct are always relevant costs in pricing decisions. B. ​No, full costs of the product are never relevant costs in pricing decisions. C. ​Possibly, the relevant costs of each pricing decision depend on that particular scenario.
Business
1 answer:
dedylja [7]3 years ago
7 0

Answer:

c

Explanation:

depend on the scenario.. all costs that are directly related to that decision all relevant cost.

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Samantha goes to the grocery store to make her monthly purchase of ginger ale. As she enters the soft drink section, she notices
Vlad1618 [11]

Answer:

SUBSTITUTION BIAS

Explanation:

The Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food, and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them.

The substitution bias is a weakness in the Consumer Price Index that overstates inflation because it does not account for the substitution effect, when consumers choose to substitute one good for another after its price becomes cheaper than the good they normally buy.

Samantha decides to buy some peppermint because of the 15% inflation on the price of ginger ale, therefore, this situation is most relevant to SUBSTITUTION BIAS in the construction of CPI.

6 0
3 years ago
Many new restaurants have opened in Collegetown in recent years. Given this change in supply, what type of demand would result i
Karolina [17]

The answer is : Elastic Demand. The elasticity of demand shows the responsiveness of the quantity demanded to the change in price. An elastic demand means that the demand is affected by changes in price. While an inelastic demand means that the supply is not affected by changes in price at all.

8 0
3 years ago
Read 2 more answers
Graham is hiking a trail that is 512 miles long. He has hiked 358 miles so far.
Scilla [17]
The answer is d the entire trail is 512 and he already walked 358 so 512-358
6 0
2 years ago
If Frank is researching the number of customers who have gluten or wheat allergies, and then he begins to devise a strategy to c
katrin2010 [14]

Frank is involved in planning if he researches the people that have wheat allergies and devises a way to cater to the people.

<h3>What is planning in business?</h3>

These are the strategies that are used in business where the manager would set objectives and goals for the company and then devise the ways that they would reach the goals they have set.

This is what Frank is doing here by setting up strategies to help cater for the individuals.

Read more on planning here:brainly.com/question/2486491

7 0
2 years ago
The owner of a property creates a deed, leaving the name of the grantee blank, and puts it in a drawer, where it is forgotten fo
bazaltina [42]

Answer:

Because recording a deed as the grantee will allow the listed to legally hold the deed, plus having the physical deed is moreso evident of being grantee, unless the owner of the property has proof of the visitor forging his grantee permit he has no way of disputing it.

Explanation:

7 0
3 years ago
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