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Yuliya22 [10]
3 years ago
9

When Toyota introduced its Scion line of cars, the lowest-price model was listed for $15,000 while the highest-priced model was

listed for $21,000, with two other list prices in between. Each price point represented distinct differences in the features and quality of the cars. Toyota used a ________ pricing approach.
Business
1 answer:
Minchanka [31]3 years ago
3 0

Answer:

Toyota used the price lining approach of pricing

Explanation:

Price lining is also known as the product line pricing which is a process of marketing, wherein the products or the services within a particular group are set at the different points of the price.

So, the company used the approach of price lining where they have the highest price as well as the lowest price list.

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Gabby and Gus Malloy recently got pre-approved on a loan for their first house purchase. They are speculating on how much they s
Andru [333]

Answer:

The correct answer is C. The producer's price index in that area.

Explanation:

The producer price index (PPI) is an indicator of the evolution of producer sales prices, corresponding to the first marketing or distribution channel of goods traded in the economy. The difference with the consumer price index (CPI) is explained because a good can be marketed or distributed by different intermediaries that will modify the sales price until it reaches the final consumer.

5 0
4 years ago
How do self-interest and competition affect the market.
ikadub [295]

Answer: Self-interest, competition, and incentives promote smoothly running markets. Unforeseen events disturb supplies of goods and services and affect prices in the marketplace. Rising prices, specialization, negative incentives, and multiple markets.

Explanation: Hope this helps :)

7 0
3 years ago
Wessner Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor $
Sveta_85 [38]

Answer:

d. $13.00

Explanation:

contributon margin = selling price - variable cost

sales price: $25 per unit

<u>list of variable cost:</u>

Direct mateirals              6.20

Direct labor                     2.80

variable overhead           1.45

sales commisions            1.00

adminsitrative variable<u>   0.55  </u>

total variable cost         12.00

$25 selling price per unit - $12 variable cost per unit =

$13 contribution margin per unit

This is the amount each units "contributes" to ay the fixed cost and make a gain during the period.

5 0
4 years ago
Potter industries has a bond issue outstanding with an annual coupon of 6% and a 10-year maturity. the par value of the bond is
umka21 [38]

Answer:

The value of the bond which is the current price is $ 830.16  

Explanation:

It is very vital to note that a rational investor values a bond today based on  the cash flows payable by the bonds in future discounted to today's terms.            

The future cash flows comprise of the yearly coupon interest of $60(6% *$1000) for 10 years as well as the repayment of the principal $1000 at the end of year 10              

To bring the cash inflows today's term, we multiply them them by the discounting factor 1/(1+r)^N , where is the yield to maturity,r is  8.6% and N is the relevant the cash flow is received.              

The discounting is done in attached spreadsheet leading to $ 830.16   present  value today.

It is expected that the bond would be issued at discount as yield to maturity is higher than annual interest.      

Download xlsx
6 0
4 years ago
Read 2 more answers
If the exchange rate for buying Japanese Yen is 12 Yens per Dollar, how many
GuDViN [60]

Answer:

2,400 Yens

Explanation:

exchange rate for buying Japanese Yen is 12 Yens per Dollar

1 dollar : 12 Yens

how many Yens do you need to buy 200 Dollars for?

Let

x = number of Yens needed

200 dollars : x Yens

Equate the ratios to find x

1 dollar : 12 Yens = 200 dollars : x Yens

1/12 = 200/x

Cross product

1 * x = 12 * 200

x = 2,400

x = number of Yens needed = 2,400 Yens

7 0
3 years ago
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