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4 years ago

The decision by shoe store owners to fix their prices will result in consumers paying _____ prices. lower higher the same

Business

2 answers:

Anon25 [30]4 years ago

7 0

Answer:

Higher prices

Explanation:

Fixed prices are associated with higher prices for consumers

Alika [10]4 years ago

3 0

Answer:

higher

Explanation:

This will make consumers pay a higher price. In a competitive market like shoes, suppliers compete for market share through price, so that none of them will have control over the market equilibrium price unless there is a collusion. Collusion is an illegal practice of price matching between competitors. This disassembles the competition parameters of the market, causing the selling price to be higher than the competitive equilibrium price. In this way consumers are injured. For this reason, regulatory agencies stipulate rules in competitive markets to prohibit collusion.

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Following the great recession, u.s. consumers have now adopted a back-to-basics sensibility in their lifestyles and spending p

dimulka [17.4K]

This is known as Value Marketing.

8 0

3 years ago

Insurance companies expend a lot of effort marketing their offerings, mainly due to the fact that insurance is a(n) _____ that c

natka813 [3]

Answer:

Unsought product

Explanation:

Unsought product or the goods are those products or goods which the consumer does not know regarding or does not usually think of buying or purchasing, and the purchase of which happen due to the fear of danger or danger and lack of desire.

So, when the insurance companies who expand a lot of marketing efforts in offerings, primarily for the fact that the insurance is an unsought product which the consumer don't think much.

5 0

3 years ago

Food handlers with facial hair must

mel-nik [20]

Answer:Food handlers with facial hair should also wear a beard restraint. - aprons; remove aprons when leaving prep area. Never wipe your hands on your apron. - jewelry; do not wear rings (except for a plain band), bracelets, including medical bracelets and watches.

Explanation: because hair might get on their food and they can get a complain or something else

7 0

3 years ago

Donham Corporation had $25,000 of raw materials on hand on May 1. During the month, the Corporation purchased an additional $65,

BlackZzzverrR [31]

Answer:

d. $66,000

Explanation:

Raw Material requisition = $66,000

Raw Material requisition is transferred to work in process account by following entry

Dr. Cr.

Work in process $66,000

Raw Material Inventory $66,000

The debits to the Work in Process account as a consequence of the raw materials transactions in May is $66,000.

8 0

4 years ago

On January 1, Boston Enterprises issues bonds that have a $1,300,000 par value, mature in 20 years, and pay 7% interest semiannu

MariettaO [177]

Answer:

1. $45,500

2. Journal entries

3. Journal entries

Explanation:

The Interest amount can be calculated by multiplying the face value of bonds with annual interest and the time period. Journal entries are given below

Requirement 1 (Interest amount)

Interest amount = Face value of bond x annual interest rate x 6/12

Interest amount = 1,300,000 x 7% x 6/12

Interest amount = $45,500

Requirement 2 (Journal entries to record issuance of bond and interest expense)

1 Jan (issuance of bond payable )

DEBIT CREDIT

Cash 1,300,000

Bonds payable 1,300,000

30 June (interest expense recorded)

DEBIT CREDIT

Cash 45,500

Bonds payable 45,500

31 Dec (interest expense recorded)

DEBIT CREDIT

Cash 45,500

Bonds payable 45,500

Requirement 3 (Journal entry for issuance assuming bonds are issued at a.96 b.104)

DEBIT CREDIT

Cash(1,300,000 x 96%) 1,248,000

Discount(1,300,000 - 1248,000) 52,000

Bonds payable 1,300,000

DEBIT CREDIT

Cash(1,300,000 x 104%) 1,352,000

Premium (1,300,000 - 1248,000) 52,000

Bonds payable 1,300,000

8 0

3 years ago