Companies like Walmart that assert a "more for less" strategy are using value-based pricing.
What is value-based pricing?
- Value-based pricing is a method of setting prices that is mostly based on how much a consumer thinks a product or service is worth.
- Value pricing is which means that businesses set their prices in accordance with what consumers think a product is worth.
- Value-based pricing differs from "cost-plus" pricing, which computes prices after taking manufacturing costs into account.
- Companies that provide distinctive or highly desirable products or services are better positioned to benefit from the value pricing model than those that sell primarily commoditized goods.
- The value-based pricing theory primarily applies in marketplaces where owning a product improves a customer's self-image or enables unmatched life experiences.
To learn more about Value-based pricing refer to:
brainly.com/question/17438199
#SPJ4
Answer:
Option. A
Explanation:
A special interest ,is a type of interest that favours especially a different or special group , they are this interest that imposes a particular law just because of there own interest. It involves influencing the legislators to make a particular decision that will favour them. It is special because such decision interest only that special group.
<span>the answer to this question is: rational actors; emotional motivations
Economist tend to focus their work on how human logically use the resources that available to them to fulfill all the demand within a social group.
Meanwhile, sociologists focus their work on how human emotionally form an interaction with other humans within a social group</span>
Answer: The answer is A. Bodily-kinesthetic
Explanation: Bodily-kinesthetic is a type of intelligence whereby you are adept at coordinating your body movement. People with this type of intelligence like to engage in physical activities and have more than average motor skills. They are usually into sports and dancing or whatever form of creative activities that involve presenting ideas with body movement.
Hence, why Lauren does well in the sporting activities mentioned above.
The fourth question is correct (D).
To understand this answer, one must understand the mechanism of correction of inflationary processes.
Inflation erodes the purchasing power, thus, the elderly with fixed income will be harmed and not beneficiaries in an inflationary process.
<u>The main mechanism to reduce inflation is the interest rate.</u> In this way, when inflation happens, the Federal Reserve raises the interest rate. This makes public bonds profitable and economic agents begin to use money by buying bonds, reducing the circulation of money and consequently lowering inflation.
For banks that have made adjustable rate loans, this will be a good thing, as interest on the contracts will increase along with the increase in the interest rate, which will make the contracts yield more. Therefore, banks will be the biggest beneficiaries. However, this will happen only when the rate is adjustable.
