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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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Theona Thief stole an expensive watch from Valerie Victim. Theona then sold it through the classifed ads to Andy. Andy had no re
makkiz [27]

Answer:

E) Valerie

Explanation:

Going by the information in the above question, Valerie gets the watch

According to the law, the Watch will belong to Valerie and not Billy, and for the reason that one cannot buy something from anyone which doesn't belong to them.

So, the initial transaction that took place with Theona and Andy was null and void as well as any subsequent transaction were also nullified.

4 0
3 years ago
A company with excess capacity must decide between scrapping or reworking units that do not pass inspection. The company has 19,
ludmilkaskok [199]

Answer:

It is more convenient to rework the units and sell them for the full price.

Explanation:

Giving the following information:

The company has 19,000 defective units.

The units can be:

a) sold as-is for $3.40 each

b) reworked for $4.80 each and then sold for the full price of $8.80 each.

<u>We won't take into account the firsts $5.4 costs because they are irrelevant for the decision-making process.</u>

Sell as-is:

Effect on income= 19,000*3.4= $64,600

Rework:

Effect on income= 19,000*(8.8 - 4.8)

Effect on income= $76,000

It is more convenient to rework the units and sell them for the full price.

5 0
3 years ago
What are three options for creating a meeting in the Meeting window subject of the meeting, location, or timing location, whom t
andrew11 [14]
<h2>timing location, whom to send the request to</h2>

Explanation:

To create a meeting, the essential information are

1. Time: Start time and end time of the meeting are essential since the participant has to know the time to appear

2. Location: In a bigger organization there will be various meeting rooms, and some time meeting will be outside the office, so the participant must know the place of meeting.

3. Whom: The person who wants to conduct the meeting must know and pass information to the targeted participant.

4 0
4 years ago
A company is considering a project with a cash break-even point of 22,600 units. The selling price is $28 a unit, the variable c
Ludmilka [50]

Answer:

fixed Cost 39,000

Explanation:

<u>The break even point is the level of sales at which net income equal to zero.</u>

This means the company operates and pays their fixed and variable cost

<u>The formula for break even point in units is:</u>

BEP_{units} = \frac{Fixed \: cost}{Contribution \: per \: units}

<u>Where:</u>

Contribution per unit = Selling price - variable cost

<em>15 per unit           =  28 - 13 </em>

<em />

We are given the BEP and we need to solve for Fixed cost

22,600 = \frac{Fixed \: cost}{15}

Fixed Cost = 22,600 x 15 = 39,000

The depreciation expense is irrelevant for the case, we can solve for the total fixed cost directly by using the BEP

4 0
4 years ago
Identify the accounts that would normally have balances in the debit column of a business’s trial balance
pshichka [43]

Identify the accounts that would normally have balances in the debit column of a business’s trial balance: assets and expenses.  Assets are anything a company owns that is of value that can help offset debts. Expenses are anything that a business accrues and pays to operate. Business expenses and assets can serve as a debit to the company because assets are bought from the company, making a debit from accounts and expenses are debited to pay debts.

6 0
3 years ago
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