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adell [148]
2 years ago
10

A restaurateur visits two restaurants with themes similar to his and prices his menu to approximate the prices charged for simil

ar dishes at the other restaurants. What type of menu pricing tactic is he using
Business
2 answers:
Ann [662]2 years ago
8 0

Answer:

Nonstructured pricing

Explanation:

Nonstructured pricing is also called copy cat method of pricing and involves a pricing that is based on prices charged by similar businesses for a product or service. The business copy cats the prices of competitors. On the other hand structured pricing is done based on the firm's internal determination of the value of a product.

A restaurateur visits two restaurants with themes similar to his and prices his menu to approximate the prices charged for similar dishes at the other restaurants. He is using no structured pricing.

hjlf2 years ago
6 0

Answer:

Nonstructured pricing

Explanation:

Nonstructured pricing is a type of pricing where price is based on competitors price.

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Jarrod receives a scholarship of $28,000 from Riggers University to be used to pursue a bachelor's degree. He spends $16,800 on
Diano4ka-milaya [45]

Answer:

The amount might exclude $18,200 from the Gross Income.

Explanation:

The gross income is the amount which the person earn or gain before anything is taken out or deducted for the taxes or the other deductions.

So, in this case, the Gross income is as follows:

The person received the scholarship worth $28,000, out of which he spend $16,800 on tuition, %5,600 on room, $4,200 for the personal expenses and $1,400 on books and supplies.

From all the expenses which will be excluded from the Gross Income are the amount of  fees and the amount spent on books and supplies as these are required for the course.

So, the amount which is excludable from Gross Income is:

Amount which is excludable = Tuition + books

= $16,800 + $1,400

= $18,200

6 0
3 years ago
Suppose iron ore is an input in producing steel. how will a decrease in the price of iron ore affect the market for​ steel
Lunna [17]
Direct relation. If iron is used to make steel, and iron is cheaper now, steel will also be cheaper. Decrease in price can mean they have a bunch of it, a surplus.
Supply and demand says if you got a lot of something prices go down. So if you have a lot of cheap iron, you can make a lot of cheap steel
3 0
3 years ago
A conceptual framework is an analytical tool with several variations and contexts. It can be applied in different categories of
Gemiola [76]

Incomplete question. I inferred you want to know if it is true or false.

Answer:

<u>True</u>

Explanation:

This term is often used in research by researchers to explain the reason for the hypotheses and conclusions made their work, etc. In other words, the <u>conceptual framework</u> paints a clearer/overall explanation of an idea.

For example, if an invention is made of a Car that uses water as fuel; such an invention must have a conceptual framework document explaining the idea behind that.

8 0
2 years ago
Which of the following is not a standard organizational structure
dexar [7]

Question Completion with Options:

i. Line Organisation

ii. Staff Organisation

iii. Functional Organisation

iv. Committee Organisation Code  

Answer:

The option that is not a standard organizational structure is:

iv. Committee Organisation Code

Explanation:

The organizational structure adopted by an entity reflects how some of its rules, roles, and responsibilities are directed between organizational levels in order to achieve its goals. The organizational structure also shows the information flows between different levels within the entity.  Traditionally, organizations maintained hierarchical, functional, divisional, matrix, and flat organizational structures.  Given current digitalization with its internet of things (IoT), more decentralized, network, and team-based organizational structures have emerged.

8 0
2 years ago
If firms in a perfectly competitive market are experiencing economic losses, then as time passes firms ________ and the market _
sukhopar [10]

Answer:

The correct choice is D

6 0
2 years ago
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