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3 years ago

What are some disadvantages of making the decision to use a tiered service approach at Eligin Technology Products

Business

1 answer:

lukranit [14]3 years ago

7 0

Explanation:

There are several drawbacks involved with the use of the tiered pricing approach, such as the commitment of a buyer to the firm, a - customer relationship and a variety of benefits and services for the customer.

a) The end of year will be awarded to customers purchasing $100,000 worth of products, due to a five percent bonus offer for their sales throughout the year.

b) commitments to resolve all customer service problems in the next day turnaround time.

c) Consumers ordering goods over $500,000 will be compensated with a 10% discount and a 4-hour contribution to solving all customer service issues.

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A small town is served by many competing supermarkets, which all have the same constant marginal cost. Use the black point (plus

Delicious77 [7]

Answer and Explanation:

From the diagram in the picture (please find attached) we see that the competitive price and quantity lies at the marginal cost( which the producer cannot go below). The consumer surplus lies just below the demand curve(the downward sloping curve with) and the producer surplus is above the marginal cost. Note the producer surplus is the difference between what the supplier is willing to sell and how much he actually sells, the marginal cost is the lowest the supplier would want to sell. This applies to the consumer surplus too

The producer surplus region was indicated with vertical strokes in the diagram attached

4 0

3 years ago

Crane Company has a balance in its Accounts Payable control account of $9,250 on January 1, 2014. The subsidiary ledger contains

kondor19780726 [428]

Answer:

$4,375

Explanation:

Given that,

Crane Company balance = $9,250

Balance of Hale company = $3,000

Balance of Janish company = $1,875

January 1 balance in the Valdez Company subsidiary account:

= Crane Company Accounts Payable control account + Hale Company balance + Janish Company balance

= $9,250 + $3,000 + $1,875

= $4,375

5 0

3 years ago

Compared to commercial banks, finance companies usually signal solvency and safety concerns by

Oduvanchick [21]

Compared to commercial banks, finance companies usually signal solvency and safety concerns by holding higher capital-asset ratio

7 0

3 years ago

Bose Company issued $600,000, 14 % bond on January 1

Tasya [4]

Answer:

1) If bonds are issued as 100 entry will be

Debit Credit

Cash 600,000

Bonds payable 600,000

2) If bonds are issued at 95

Debit Credit

Cash 570,000

Discount 30,000

Bonds payable 600,000

3) If bonds are issued at 105

Cash 630,000

Bonds payable 600,000

Premium 30,000

Debit Credit

Interest payable 42,000

Cash 42,000

Explanation:

1) If the bonds are issued at 100 then the company will receive the same amount of cash as the face value so they will receive 600,000 cash and will owe the bond buyers 600,000 so they will debit 600,000 cash and credit 600,000 bonds payable.

2) If bonds are issued at 95 then the company will receive cash 95% of 600,000 which is 570,000 so they will debit 570,000 cash, 30,000 will debited as discount and 600,000 bonds payable.

3) If bonds are issued at 105 then the company will receive cash 105% of 600,000 which is 630,000 so they will debit 630,000 cash and will credit 600,000 bonds payable and 30,000 as premium.

4) The bonds are issued on January 1 and there is a journal entry of interest payment at July 1 so we assume that the bond has semi annual payments.

14% of 600,000 is 84,000 and we will divide it by 2 to find the semi annual payment which will be 42,000, so we will debit interest payable by 42,000 and credit cash by 42,000.

6 0

3 years ago

Robert, the president of the labor union of a company, speaks to the management of the company about the requirement for an extr

vodomira [7]

Answer:

Taft-Hartley Act

Explanation:

Taft-Hartley Act is also known as the labour management relations act of 1947 and it restricts the activities and powers of labour unions. It stops unions for engaging in unfair labour practices such as jurisdictional strike, wild strike, political strike, secondary boycotts, and monetary donations to political campaigns.

Robert has violated the Taft-Hartley act by creating a fictional role in the company in order to get his cousin a job.

8 0

3 years ago