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rusak2 [61]
3 years ago
11

Select the statement that is true regarding pricing and competitors’ prices. a. Information about competitors’ prices is easily

attainable. b. Firms may set prices slightly above competitors’ prices to create a perception of exclusivity. c. In non-price competition industries, marketers do not need to worry about competitors’ prices. d. Marketing research does not focus on obtaining information about competitors’ prices. e. Marketers need demand-based price information in industries dominated by price competition.
Business
1 answer:
vampirchik [111]3 years ago
7 0

Answer: Marketers need demand-based price information in industries dominated by price competition.

Explanation: In a competitive market, marketers need to study the price of other marketers in the market. This would enable the marketers to know how to adjust their prices to attract customers to their products.

A competitive market is one which is controlled by the forces of demand and supply.

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Which assumption or principle requires that all information significant enough to affect decisions of reasonably informed users
sladkih [1.3K]

Answer:

The answer is: full disclosure principle

Explanation:

Full disclosure principle in accounting refers to the requirement that businesses are supposed to provide all material information pertaining to their operations to the stakeholders of the business so as to facilitate better decision-making frameworks when evaluating the business.

The going concern principle is based on the assumption that the business will not cease operating in the foreseeable future. The matching principle requires that the expenses incurred in carrying out an economic activity are recorded in the same period as the revenues earned from that activity. The historical cost principle requires assets or liabilities to be recorded at their acquisition value.

7 0
3 years ago
Maize Company incurs a cost of $34 per unit, of which $21 is variable, to make a product that normally sells for $59. A foreign
meriva

Answer:

A.$42,700 increase

B. Yes

Explanation:

A.

Selling price unit $30

Variable cost unit ( 21)

Logo ( 2)

Contribution margin unit $ 7 x 6,100 units = $42,700 increase

Therefore the increase in net income Maize will realize by accepting the special order, assuming Maize has sufficient excess operating capacity is $42,700

(b) Should Maize Company accept the special order?

YES. Maize company should accept the special order.

3 0
3 years ago
consumers who had used a gasoline company's proprietary credit card...is the court of appeals likely to accept the interlocutory
kondor19780726 [428]

Answer:

No appeal can not be made.

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Interlocutory appeal is the one in which a court will issue order while the case is still pending. Any appeal is not accepted on these orders. Appeal can only be made when the court issues final judgement after a trial.

5 0
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An example of financial responsibility is
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applying for a credit card

Explanation:

8 0
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The amount of trash that can potentially be recycled is estimated to be
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Your answer should be 90 percent.
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