Answer:
"Customer Orientation Pricing"
Explanation:
According to my research on the different pricing strategies used by different companies, it can be said that the term described by the information within the question is called "Customer Orientation Pricing". This term is defined as the strategy of setting prices according to customers' perceived value of it's goods or services.
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Answer:
Craig received $242,000 on October 1, 2020
Explanation:
This is the amount he received in cash and the additional $10000 is the interest charged on the initial amount.
Answer:
budget sales per season
Seaon Year 5
winter 1,473
spring 1,934
summer 2,267
fall 826
Explanation:
First, we calcualte the average per season:
Seaon Year 1 Year 2 Year 3 Year 4 Average per season
winter 1440 1240 1000 920.00 1,150.00
spring 1500 1440 1600 1,500.00 1,510.00
summer 1040 2140 2000 1900 1,770.00
fall 600 770 690 520 645.00
Now, we cross multiply to get the next year values
Seaon Average per season Year 5
winter 1,150.00 1,472.91 (1150/5075 x 6500)
spring 1,510.00 1,933.99
summer 1,770.00 2,267.00
fall 645.00 826.11
5,075.00 6,500.00
Answer:
shows the relationship between the unemployment rate and the size of the negative GDP gap.
Explanation:
Okun's law focuses on the relationship that exists between unemployment and economic growth. It's states that the gross domestic product of a nation should grow at about 4% to result in an unemployment rate reduction of 1%.
So it follows that if unemployment rate rises there will be a negative gap in the GDP of a country.
Employed labour is needed to produce output that will grow the economy and the GDP.
However when unemployment increases there is less labour and low output level, resulting in reduction of GDP.
A pair of stylish sneakers could be considered a Luxury
