<span>In this case, George is performing analytical thinking. He is listening to what information is given to him and is analyzing each piece for its usefulness. He is determining what pieces of information are true and which are false or exaggerated.</span>
When firms compete by offering unique product features rather than competing on price, <u>non-price competition</u> occurs; it is when businesses employ tactics to boost sales and market shares without lowering prices.
What is non-price competition?
In non-price competition, a company "seeks to distinguish its product or service from competing items on the basis of features like design and workmanship," according to a marketing strategy. Because it exists between two or more producers who sell goods and services at the same prices but seek to expand their respective market shares by non-price factors like marketing strategies and higher quality, it frequently happens in imperfectly competitive markets.
Types of Non-Price Competition:
Marketing involves a range of approaches (based round the 4Ps), including product differentiation, advertising, promotion and distribution
Learn more about non-price competition here:
brainly.com/question/12297704
#SPJ4
Answer:
Discretionary income
Explanation:
Discretionary income is what is left of a person's income for spending, investing, or saving after paying taxes and necessities.
Answer:
The correct answer is $1,100.
Explanation:
The loss is the lesser of the adjusted basis of the asset ($1,500) or the decline in value (here the amount of repairs - $2,450). Before the loss is compared to the per casualty floor limit, the amount of the loss ($1,500) must be reduced by insurance reimbursements ($400).
Answer:
December:
Dr cash $16,000
Cr subscription revenue $16,000
Dr cash $216,000
Cr unearned revenue $216,000
January 2017:
Dr unearned revenue $18,000
Cr subscription revenue $18,000
Explanation:
The sales of 4000 copies at the newstand means that revenue of $16,000($4*4000) has been earned in December,which means that cash would debited with $16,000 and sales revenue credited with the same amount.
In December,the subscriptions received in advance for 2017 of $216,000($36*6000) would be debited to cash and credited to unearned revenue account.
At the end of January,the unearned revenue would be debited with $18,000($216,000/12) in respect of subscription earned as a result of the Magazine been mailed to subscribers in the month,which now entitles the company to one month subscription as earned sales revenue.
