Answer:
incentives and allowances
Explanation:
According to the price equation, the actual price is the list price less blank incentives and allowances, plus extra fees.
Answer:
Niche cost leader strategy
Explanation:
In simple words, A niche cost pioneer or leader aims to exploit consumer markets that are price responsive. Its objective is to undercut all rivals' costs while remaining sustainable. Under this business strategy, the producer try to create a strong customer base by offering lower prices as it is the best motivation for the customer to try a specific product.
Thus, from the above we can conclude that the correct answer is niche cost leader.
Answer:
Advertising sales agents work on holidays and weekends because that is when people buy. For example, during Christmas they are working advertising products so people will buy for Chirstmas. It is the biggest part of the year where people buy products and they need to work to advertise to consumers to buy their products.
Answer:
27.14 months
Explanation:
to calculate how long it will take to pay the loan, we can use an excel spreadsheet and the NPER function:
=NPER(rate,payment,-loan)
- payment = 630
- rate = 1.03
- loan balance = 14,850
=NPER(1.03%,630,14850) = 27.14 months
Answer:
$100 = $10PL + $20PK
Explanation:
Computation for the equation of the isocost line
Using this formula to compute the equation of the isocost line
Total cost=Price of labor (PL)+Price of capital (PK)
Where,
Total cost=$100
Price of labor (PL)=$10
Price of capital (PK)=$20
Now Let plug in the formula to compute the equation of the isocost line
$100 = $10PL + $20PK
Therefore the equation of the isocost line corresponding to a total cost of $100 will be $100 = $10PL + $20PK
