Answer:
Correctly ignored a sunk cost.
Explanation:
In economics a sunk cost is one that an individual has already paid for and cannot recover. For example when payment is made for rent it is no longer recoverable.
In this instance Eric has already bought a $50 ticket that is nonrefundable, nonexchangeable, and nontransferable. This is a sunk cost.
Eric wants to go to the concert with Ginny who he wanted to date for a long time.
He will correctly ignore the sunk cost of going to the play because any more time spent on the play will not help recover the $50 already spent.
Answer:
problem-solution order
Explanation:
According to my research on different organizational methods, I can say that based on the information provided within the question Jenine's main points were arranged in problem-solution order. This is an organizational method in which a problem is stated and a solution is provided immediately following the problem.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Explanation:
I. Do. Not. Know. Your. Language. Sorry.
Arriving at a cost structure that is both profitable and hard for potential followers to match is called a <u>Price Minus</u>.
<h3>What is a Price Minus?</h3>
A Price Minus is a pricing strategy that deducts some amount from the market price to attract more customers and increase profitability to the detriment of competitors.
A price minus can be used as a market penetration strategy.
Thus, using a price minus, a company can arrive at a cost structure that achieves profitability and deters potential competitors without instigating a price war.
Learn more about pricing strategies at brainly.com/question/27124956
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