Customer's perceptions set the price ceiling - if they see the price as too high they won't buy it, demand will fall, and so will the equilibrium price. Their perception on the fairness of the price will affect how high the price can go before losing sales.
The strongest basis for his claim is that he was disciplined for doing what the law requires.
<h3>What is a claim?</h3>
It should be noted that a claim simply means the stance of an individual or perspective regarding an issue.
In this case, strongest basis for his claim is that he was disciplined for doing what the law requires. Therefore, he should not be wrongfully discharged.
Learn more about claim on:
brainly.com/question/2748145
#SPJ1
Answer:
B) Price of the unit minus cost of goods sold per unit.
Explanation:
A)
Costs involving monetary payments are explicit costs. Labor costs and total debt payments, both are explicit costs.
B)
The difference between revenue earned and cost of goods sold is our profit margin. Price of the unit is revenue earned and deducting cost of goods sold per unit from it will give us profit margin of an item.
C)
The unit price of an item is called the price of the unit, also called sales price. It could in Kilogram, Liter, etc. The price of the unit is considered part of the profit margin but not actually comprise profit margin itself.
D)
The unit cost of an item is called the cost of goods sold per unit. The unit could be in Kilogram, Liter, etc. The cost of goods sold is usually deducted from the price of the unit to derive to the profit margin. Hence a part of profit margin but not actually a profit margin itself.
Noninstallment credit is paid in a lump sum and not in installments. It most often very short term!
Answer:
Stengel Co. is in a contract to perform maintenance service for Laplante Inc. The revenue accounted for the first 2 years will be $100,000 per year, which when received in cash, will be credited to Laplante's account in the books of Stengel. However, in the third year, with the modification of the contract revenue, the disclosure will be done for $100,000 only, with a debit to Contract.
Modification Costs, aggregating $ 20,000, which anyways needs to be expensed off. The amount to be received from Laplante Inc. at the end of the third year in cash, which will be credited to their account, will total $80,000 only.
