1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
maxonik [38]
3 years ago
14

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.

You might be interested in
Which task is the responsibility of middle management?
Temka [501]

Answer:

C. Evaluate and motivate workers

Explanation:

This is the taks for middle mamagement.

6 0
3 years ago
Expansionary monetary policy Group of answer choices 1. lowers interest rates, causing aggregate demand to shift to the right. 2
masha68 [24]

Answer:

2. raises interest rates, causing aggregate demand to shift to the right.

Explanation:

Expansionary Fiscal Policies try to increase Aggregate demand by :-

  • Decrease in taxes by government ; or / and
  • Increase in government spending

The government injecting more money in public : by reduced taxes & increased govt spending - increases the aggregate demand .

The government finances this increased public spending with same or  decreased taxes - through borrowings.

The government borrowing funds reduces the loanable funds in capital market, this loans' excess demand in capital markets increase their price i.e Interest.

4 0
3 years ago
Indicate whether each scenario will affect the GDP deflator or the CPI for the United States. Check all that apply. Scenario Sho
Softa [21]

Answer:

(A) it will affect the GDP Deflator.

(B) it will affect both the GDP deflator and the CPI

Explanation:

(A) The increase in prices of imports increase real GDP and also the GDP deflator as now the US will purchase less of these cars from china and therefore there will be less imports of this car from china, people will prefer buying local inexpensive cars which will in turn increase the GDP even more than before so therefore this scenario only affects the GDP deflator only as the formula for real GDP is the sum of consumption spending, government spending,government saving( investment) and (exports minus imports) so the less imports we get the more real GDP we get in the US economy.

(B) This will affect both GDP deflator and CPI because firstly this will touch on the exports which will increase and bring in more revenue for the US therefore increasing real GDP because the prices of the fishing product has decreased which will cause the US economy to increase. it will also affect the CPI because now prices of this product have fell therefore the CPI is also going to fall probably causing a deflation.

5 0
4 years ago
The potential advantages of traditional mail surveys are quick response and lower cost than online surveys, but this advantage h
AURORKA [14]

Answer:False

Explanation:

The potential advantage of online surveys are quick response rate and low cost than traditional surveys. This statement contradicts the above stamement.

Online surveys has faster medium to reach the target audience,cost-efficient.These are characteristics of online survey not traditional survey

So therefore it is false

8 0
3 years ago
The marginal utility from the first three bananas consumed are: 19, 15, and 5 respectively. The marginal utility from the first
MaRussiya [10]

Answer:A pair of sandals.

Explanation:Its so obvious stating that the marginal utility derived from sandals is higher compared to the other two items. You maximize your utility by going for the item with highest satisfaction which is glaringly sandals.

You also maximize your utility by considering the item which is economica prudent to one needs or want.

6 0
3 years ago
Other questions:
  • When the market price of a good is above its equilibrium value, and all other determinants are unchanged?
    10·1 answer
  • An offer has been presented to the sellers of a property. they ask their agent to change the terms through a counter proposal. t
    15·1 answer
  • An employee of JHT Holdings, Inc., a private trucking company, was responsible for resolving roadway accident claims under $25,0
    14·1 answer
  • The _______ or shop owner initiates the repair order.        A. service manager   B. customer   C. foreman   D. service consulta
    7·2 answers
  • A company sells a plant asset that originally cost $300,000 for $100,000 on December 31, 2012. The accumulated depreciation acco
    15·1 answer
  • Solve it fast !!please​
    12·1 answer
  • Why do you think p2p apps have become so popular?
    7·1 answer
  • Deflation is a period where supply for most products is less than demand.
    13·2 answers
  • Which is true of payment history and it’s relation to credit reports
    5·1 answer
  • If purchasing power parity holds, when a country's central bank decreases the money supply, its:_____.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!