My balance had to go up $30, since my current balance was $15,300 and the interest rate of 18% or 1.5% per month when I payed $200 this month.
Answer:
the price per unit is $1.20
Explanation:
The computation of the price per unit for Thailand Polishing is shown below:
= 2,400 ÷ 200 polished disks
= 12 bhat/unit
Given that
$1 = 10
So, 12 baht it is
= 1 ÷ 10 × 12 baht
= $1.2
Hence, the price per unit is $1.20
The same should be considered
Answer:
<u>Predatory</u>.
Explanation:
This predatory pricing strategy is used when a company aims to create entry barriers for new competitors, significantly lower the price to gain new customers and drive competitors away. The cons of this strategy is that in addition to being illegal, lost revenue is not always recovered, and there are other factors that drive competitors away, not just price.
In
this question, this is an example of immediate corrective action.
<span>Immediate
corrective action is having a solution to the problem right away. This shows
that the manager provides action on the spot in the situation/problem. This
type of corrective action lacks sustainability and the duration of the solution
is not think through.</span>
Answer:
B) If there are many substitutes, the price elasticity of the good is more elastic.
Explanation:
Price elasticity of demand measures how quantity demanded changes when price level changes.
If there are subsituites for a good, the demand for the good tends to be more elastic - a small change in price leads to a greater change in quantity demanded.
Suppliers would be less motivated to increase prices if there are many close substitutes for its goods.
I hope my answer helps you.