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mihalych1998 [28]
4 years ago
5

_____ is a price tactic that tries to get consumers into a store through false or misleading price advertising and then uses hig

h-pressure selling to persuade consumers to buy more expensive merchandise.​
Business
1 answer:
elena-s [515]4 years ago
7 0

Answer:

BAIT PRICING

Explanation:

This is a pricing decision act on a customer to pick a product higher in price or new model when compared to the advert he/she saw. It is a deceptive marketing strategy and it is misleading.

You might be interested in
Creating and providing improved working conditions has created a number of emerging careers.
gizmo_the_mogwai [7]

Answer:

true

Explanation:

because if you improve the way thing look and the way thing work people will find working there amusing.

6 0
3 years ago
How long will it take you to triple your money if you have your money invested on a trust that promises a guaranteed 7% annual r
eduard

Answer:

the number of years for triple the money is 15.74 years

Explanation:

The computation of the number of years for triple the money is shown below:

Here we used the NPER which is

Given that

RATE = 7% ÷ 12 = 0.58333%

Assuming

Present value be $1,000

And, future value be $1,000 × 3 = $3,000

PMT = $0

The formula is shown below:

= NPER(RATE;PMT;-PV;FV;TYPE)

The present value comes in positive

After applying the above formula

The number of years is

= 188.8833850497  ÷ 12

= 15.74 years

hence, the number of years for triple the money is 15.74 years

8 0
3 years ago
As companies started to seek scale economies and efficiency, their goal was to take advantage of ­­­­­­­____________ in function
allsm [11]

Answer: e. Both b & d

Explanation:

Economies and Efficiency can be achieved by managing costs better. This can be done by training employees more so that they may use deep skills gained to be able to keep costs low by being more efficient on the job.

A good place to reduce costs would be the common costs. The business can target these costs by optimising them which means to reduce costs while still maximizing output and value. Reducing the costs here would lead to better efficiency.

7 0
3 years ago
quantum mechanics shop sells a bicycle to reniel, a costumer who uses a local card(a national credit card, but not issued by an
Svetradugi [14.3K]

Answer:

the journal entry to record this sale should be:

Dr Accounts receivable X

Dr Credit card fees Y

    Cr Sales revenue X+Y

Explanation:

The journal entry to record sales using credit cards issued by banks, e.g. VISA, MasterCard, etc., which pay immediately or almost immediately (the same day or the following day) and manage the payments through the company's bank account:

Dr Cash X

Dr Credit card fees Y

    Cr Sales revenue X+Y

Since credit cards not issued by banks (e.g. many American Express cards are issued by American Express itself not by banks) do not pay immediately, a company must record an account receivable, it cannot record cash. In order to collect the payment, the company must submit the credit card receipt to the credit card company and then wait for it to be processed and paid. This may take a few days or even a couple of weeks.

5 0
3 years ago
On February 1, 2020, Sunland Corporation issued 2,800 shares of its $5 par value common stock for land worth $36,400. Prepare th
wariber [46]

Explanation:

The journal entry is as follows

On February 1, 2020

Land Dr $36,400

        To Common Stock $14,000

        To Paid- in capital in excess of par value - common stock $22,400

(Being the common stock is issued for land)

The computation is shown below:

For common stock

= 2,800 shares × $5 per share

= $14,000

And, the remaining balance is credited to the paid in capital in excess of par value i.e $22,400

7 0
3 years ago
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