Answer:
Premium pricing
Explanation:
Premium pricing can be defined as a pricing strategy in which the price of a product is increased. This increase in price is done against the competitors to create the perception that the high priced products have a greater quality.
Premium pricing is used at the inception of a new product into the market. It is utilized by various companies to maximise profit because the customers are willing to pay more money, to prevent competitors from entry into the market.
Answer:
A - How rules create order
Explanation:
Answer:
b. Prices fell by at least by approximately 5%.
Explanation:
we know that nominal GDP(Gross Domestic Product) is when a basket of goods and services price is calculated per basket without adjusting to inflation but on Real GDP it is adjusted to inflation therefore we will see that if Real GDP decreases this will mean a negative GDP deflator that will be negative which will tell us that the prices in this economy for a basket of goods and services decreased during that year cause deflation was seen with a decrease in Real GDP.
Production possibilities curve shifted outward
Answer:
$200,000
Explanation:
The value of the government obligation = $5,00,000, 8%, 20 years bonds payable at 103
Interest expenses = $5,000,000 * 8/100 * 6/12 = $200,000.
Thus, $200,000 will be reported as debt service expenses in the fiscal year 20X7.
