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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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a manfucturing firm is considering two locations for a plant to producr a new product. Location A has a foxed cost of 80,000 and
9966 [12]

Answer: 15,000 units

Explanation:

The annual output that would make them indifferent is the one that would equate both costs.

Assume that output is x.

80,000 + 20x = 140,000 + 16x

20x - 16x = 140,000 - 80,000

4x = 60,000

x = 60,000/4

x = 15,000 units

7 0
3 years ago
a type of group that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called
Rus_ich [418]

A type of <u>group</u> that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called an association or labor group. This is further explained below.

<h3>What is a constitution?</h3>

Generally, the government is guided by a set of basic principles or precedents that are accepted by the public.

In conclusion, Association and labor groups are two types of groups that have a constitution and <em>bylaws</em> and have been formed for a reason other than getting insurance.

Read more about the constitution

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5 0
2 years ago
How should the financial interests of stockholders be balanced with varied interests of stakeholders? If you were writing a code
kati45 [8]

Financial interest of the stockholders need to be matched with the type of investment strategy that the stockholders choose to diversify their portfolio.

Issue often arise when stockholders hope to exert a certain type of control to the company because they feel entitled to after purchasing the stocks. To address this, i would create a code of conduct that clearly specify the roles that the shareholders can and cannot take after making  the purchase.

3 0
3 years ago
Find an article regarding full disclosure or the treatment of accounting changes. In 250-300 words, summarize the article that y
Akimi4 [234]

Hi, since this is an academic writing activity, I simply provided suggestions and explanations of key terms.

<u>Explanation:</u>

Basically writing an essay involves consulting good written sources of information that discuss the subject. The term accounting changes disclosure basically refers to the requirement for companies to disclose

any changes to its:

  • accounting principle,
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Citation (reference) is a term used in reasearch to describe a source or a list of sources (published and unpublished) where information or data was consulted and used in the research work.

3 0
3 years ago
The transportation mode with the highest dollar value of freight in the united states is
zloy xaker [14]
The answer is: highways!
8 0
3 years ago
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