<u>Answer:</u>Consumers are relatively insensitive to premium prices.
<u>Explanation:</u>
Premium pricing is generally done by the firms to prove that their products are competitive enough in the market. Also premium pricing denotes that the product has high value in the market. Companies fixing the prices know that the consumers will not investigate if it truly valuable.
The organisations also establish a brand name to prove that they are luxury brand. So the customers are also insensitive to the prices of those products. For example Apple phones, Rolex watches etc.
The correct answer to this open question is the following.
You forgot to attach the options for this question. However, by doing research we can answer the following.
The company justifies creating and funding such an organization since it is not about its primary products for the following reason: "The funds spent on the tech organization will increase the number of qualified tech people in the society and community."
And action like can justify the funds to create the technology organization dedicated to training high school students in the use of the latest program languages. The reason? It is an action aimed to strengthen the public image of the company by doing some actions that impact and benefit the community. The organization will help people to learn more about technology and be more interested in a career in technology.
Answer:
$5,624
Explanation:
Data provided in the question:
Reported schedule C net profits = $5,624
Health insurance premiums paid = $7,545
Long-term care insurance premiums paid = $600
Now,
The total health care premium
= Health insurance premiums paid + Long-term care insurance premiums paid
= $7,545 + $600
= $8,145
But Serena's health care deduction is limited Reported schedule C net profits
Therefore,
Serena’s self-employed health care deduction will be $5,624
The correlation coefficient's size reveals the degree of the link. A correlation of r = -0.2 indicates a weak, negative link between two variables, while r = 0.9 indicates a significant, positive association.
What is Negative Correlation
A link between two variables known as "negative correlation" occurs when one variable rises as the other falls, and vice versa.
In statistics, -1.0 denotes a perfect negative correlation, 0 denotes no connection, and +1.0 denotes a perfect positive correlation. The relationship between two variables is always absolutely opposite when there is a perfect negative. If two variables have a negative correlation or inverse correlation, it means that their prices typically move in the opposite directions from one another statistically speaking. In the event that X and Y, for example, have a negative correlation (or are negatively connected), Y will drop as X grows in value, and vice versa if X declines in value.
To learn more about Negative Correlation
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