What’s the Acronym? (A acronym is like LOL, or OMG)
Answer:
Money Paid
Overall Sacrifice
Explanation:
The two major dimensions of pricing are Monetary and Non- Monetary pricing.
Monetary pricing is the liquid asset like cash that is spent to acquire goods and services while the non monetary are other costs apart from money like time , stress , distance that it costs to acquire an item .
The individual perception of pricing has a way of affecting its choice when it comes to purchasing.
Earl did not consider the cost of stress in travelling 30 miles in order to save a $1 in his purchase decision as his mindset is programmed to the price paid being the real price while most other customers considers the sacrifice involved before making a purchase decision.
Answer: Option C
Explanation: In simple words, multinational market refers to the economic system in which different countries of the world trade with each other by decreasing the barriers and taxes so that booth countries could be benefited from the ongoing business.
Multinational market structures have resulted in drastic expansion ion business activities all around the world as the business firms can not target new markets which were earlier out of reach
Hence from the above we can conclude that the correct option is C.
Disagree. Liabilities can be met in ways other than money.
In accounting, a liability is a debt that is owed and must be payed with money, but there are also legal liabilities and other obligations that are not monetary.
