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3 years ago

The determination of an exchange price acceptable to both the buyer and the seller of a product is called

Business

1 answer:

antoniya [11.8K]3 years ago

6 0

Answer: pricing

Explanation:

Pricing is the determination of an exchange price acceptable to both the buyer and the seller of a product.

When a seller is determining the price of a product, she considers cost of production, projected revenue, price of competitors, market condition and regulation.

A buyer would consider the quality of the product ,economic conditions and utility when deciding on the price to acquire a product.

The different types of pricing strategies are -

1. Penetration pricing - when prices are set very low to attract customers and to gain access into a market.

2. Premium pricing- when prices are set very high so that the product would appeal to certain consumers.

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The American Federation of Labor (AFL) had 1.6 million members by 1904. The AFL represented mainly skilled, white, native-born w

lesya692 [45]

Answer:

Explanation:

As the complete question is not given thus the complete question is found online and is attached herewith.

As per the complete question, the goals of the two foundations are required which are as follows:

American Federation of Labor:

American Federation of Labor made efforts for

Cooperation among corporate and political leaders to achieve goals of the working community
Settlement of hundreds of industrial disputes
Encouraged improvements in safety environment at the factory
Establishment of pensions for long-term workers

Industrial Workers of the World

Industrial Workers of the World advocated and worked for:

The one big union
The rejection of capitalism
The inclusion of unskilled and foreign born workers.

6 0

3 years ago

Name the one sport in which neither the spectators nor the participants know the score or

GaryK [48]

Answer:

Boxing

Explanation:

5 0

3 years ago

Crane Company incurs the following costs to produce 8500 units of a subcomponent: Direct materials $7140 Direct labor 9605 Varia

Temka [501]

Answer: Net income would increase by $6,230

Explanation:

Cost if offer is not accepted and Crane produces inhouse;

= 7,140 + 9,605 + 10,710 + 16,200

= $43,655

Cost if Crane accepts offer;

Crane could avoid $3,000 of fixed overhead = 16,200 - 3,000 = $13,200

Purchase price = 2.85 * 8,500 units = $24,225

Total cost = 24,225 + 13,200

= $37,425

Difference = 43,655 - 37,425

= $6,230

Income would increase by $6,230.

3 0

2 years ago

The value of ending inventory rounded to nearest dollar using average cost

Sveta_85 [38]

The answer is: $1,263.14

5 0

3 years ago

A chocolate manufacturer advertises heavily during Christmas with an ad that shows only a picture of red, green, and silver wrap

nikdorinn [45]

Answer: Reminder

Explanation:

The reminder advertising is one of the type of marketing advertisement strategy that is used for reminding about the various types of products and the services in the market and this strategy is also used for introducing the new features and characteristics in the existing products.

The main objective of the reminder advertisement is that it basically using the promoting or the advertising strategy for targeting the customers or users about the goods and the services ion the market.

According to the given scenario, a chocolate manufacturer is basically using the reminder advertising during the Christmas. Therefore, reminder advertising is the correct answer.

3 0

3 years ago