Answer:
Target costing
Explanation:
-High-low pricing is when companies initially establish a high price for a product and then, they decrease it when people are less willing to buy it.
-Everyday low pricing is when companies offer low prices on their products all the time.
-Cost-plus pricing is when companies determine the cost of the product and add the profit margin they need to establish the price of the product.
-Target costing is when companies establish a target cost for the product by taking the price and subtracting the margin they expect from it.
-Competition-based pricing is when companies use the price the competitors have for the same product to establish the price.
According to this, the answer is that the situation exemplifies target costing.
Answer:
On the job
Explanation:
Paul has experienced ‘On the job’ training; the employees can gain proficiency with the skills that are required to be performed in the real work conditions and furthermore gets familiar with the workplace. Likewise, the organisation does not have to pay extra cost of setting up a study hall arrangement for granting preparing to the workers; they acquire training on the job.
I would think Interest rates
A product <u>Line</u> is a group of products linked through usage, profile, price points, customer and distribution channels.
The correct fill in the blank to this question is product line.
A group of products linked through usage, customer profile, price points, and distribution channels is known as a<u> Product line</u>. The products are identical and focus on the same market . Their function or channel distribution might be similar. Possibly their physical attributes, prices, quality, or type of customers are the same. We call this sort of activity as product lining.
Product line is basically a group of related products all marketed under a single brand name that is sold by the same company. Companies sell multiple product lines under their various brand names, the basic purpose is to distinguish them from each other for better usability for consumers.
Product line pricing involves the separation of goods and services into cost price categories in order to create different perceived quality levels in the minds of consumers.
Product lines are usually part of a marketing strategy. Companies keep introducing more products to attract buyers. Specifically, they want to attract those buyers who are already familiar with their brand.
You can learn more about product line at
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Answer:
The correct words for the blank spaces are: efficient; technological change.
Explanation:
The New Classical school of Economics was originated at the beginning of the 1970s having as its main characters to American economists Robert Lucas (born in 1937) and Edward Prescott (born in 1940). New classicals pay special attention to economic models based on individuals' behaviors, indicating they pursue to maximize their utility by making rational decisions.
When it comes to business cycles, they proposed fluctuations in the economy were boosted by unanticipated "<em>shocks</em>". <em>Changes in aggregate demand were the result of unexpected monetary or fiscal policies. Changes in aggregate supply were caused by </em><u><em>efficient</em></u><em> changes in productivity as a result of temporary changes in </em><u><em>technology</em></u><em>.</em>
