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Shtirlitz [24]
3 years ago
7

Selling similar merchandise at a price above the competition is done with the hope of selling greater quantities of the merchand

ise and attracting more customers to the store.
Business
1 answer:
irina [24]3 years ago
3 0

Answer:

False

Explanation:

In order to attract more customers to your store and sell larger quantitative, you must sell at a price below the competition, not above.

Rational customers should purchase at the lowest possible price, that is the basic concept behind the law of supply and demand. A lower price should result in a higher quantity demanded.  

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The roots of today's anthropology emerged from very early accounts of travelers in previous centuries. what about these accounts
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Early accounts of ethnic groups and their cultures and habits came from scientific travelers like George M. Dawson who became director of the Geological Survey of Canada. In his travels in Canada to explore its mineral potential, he encountered many native groups who he described and also wrote of their languages so this is an example of how early travelers laid the foundation for the studies of later anthropologists. 
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What is a lease? AA loan from a bank used to buy a house. BA loan from a bank used to rent a home. CA contract outlining the ter
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4 years ago
Read 2 more answers
In california there are ____ forms of financial responsibility.
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<span>In california there are 4 forms of financial responsibility.</span>
7 0
4 years ago
A process cost system would be appropriate for a a.jet airplane builder b.custom cabinet builder c.catering business d.natural g
lozanna [386]

Answer:

D. Natural gas refinery

Explanation:

Processing cost system is when identically units are mass produced. It involves assigning materials, factory labour, overhead cost and so on in an effort to value finished goods inventory. Process cost involves allocation of cost for different set in each process. It helps in determining total cost of producing a unit of commodity. It is best suited for the natural gas refinery because of the various steps involved in the processing and manufacturing of products as cost can be identified and allocated for each steps and also because what is produced are identical units which are mass produced.

3 0
3 years ago
If a firm's forecasted sales are $250,000 and its break-even sales are $190,000, the margin of safety in dollars is: Multiple Ch
Oliga [24]

Answer:

Margin of safety= $60,000

Explanation:

Giving the following information:

A firm's forecasted sales are $250,000 and its break-even sales are $190,000.

The margin of safety is the excess of sales from the break-even point. To calculate the margin of safety, we need to use the following formula:

Margin of safety= (current sales level - break-even point)

Margin of safety= 250,000 - 190,000= 60,000

6 0
3 years ago
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