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Anna11 [10]
3 years ago
8

A hamburger stand near the local mall sells hamburgers for $3.99, drinks for $1.99, and fries for $1.49, while a gourmet restaur

ant nearby sells entrees for $20, $30, and $45. Both of these restaurants are using ________.
Business
2 answers:
saveliy_v [14]3 years ago
8 0

Answer:

Psychological pricing

Explanation:

Psychological pricing is the pricing method that is based on the belief that prices always have psychological effects. Pricing are purposely done in a way to appeal to customers emotion , To achieve this , a common pattern is always employed in the pricing system . It could either be the use of odd numbers for prices or a rhyme decimal figure.

Using two decimal figures and whole numbers by the two stores is an example of psychological pricing system

wel3 years ago
5 0

Answer:

Psychological pricing

Explanation:

Psychological pricing also known as price ending, charm pricing is a pricing and marketing strategy based on the theory that prices produces a psychological impact. This involves setting prices as odd prices being a little less than a whole number such as $9.99 or £2.99. It is believed that consumers think that this prices are lower than they actually are.

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Retained earnings: Multiple Choice Are never adjusted for anything other than net income or dividends. Represents the amount sha
kolbaska11 [484]

Answer:

Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception

Explanation:

Retained earning is the balance of a company's profit that is retained after the distribution of dividend declared to it's shareholders.

A company that makes profit at the end of a reporting period usually make dividend declaration to its shareholder. The accumulation of these declarations are then taken out of the profit earned by the company. The balance when dividends declared(since it's inception) by the company is taken out from its profit, including any net losses is known as retained earning.

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2 years ago
A company issues 7% bonds with a par value of $230,000 at par on January 1. The market rate on the date of issuance was 6%. The
aivan3 [116]
The correct answer is $4,900.
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2 years ago
All of a company's depreciation, property taxes, and insurance premiums are considered manufacturing overhead.
Irina18 [472]

All of a company's depreciation, property taxes and insurance premiums are considered manufacturing overhead (MOH) ----- False.

What is considered manufacturing overhead?

Manufacturing overhead (MOH) cost is the sum of all the indirect costs which are incurred while manufacturing a product. It is added to the cost of the final product along with the direct material and direct labor costs.

What does manufacturing overhead include?

Manufacturing overhead includes indirect materials, indirect labor, depreciation on factory buildings and machines, and insurance, taxes, and maintenance on factory facilities. Costs that are a necessary and integral part of producing the finished product.

. Direct labor :

Is the cost of the workers who make the product. The cost of supervisory personnel, management, and factory maintenance workers, although they are needed to operate the factory, are classified as indirect labor because these workers do not use the direct materials to build the product.

Learn more about company's depreciation :

brainly.com/question/1055905

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7 0
1 year ago
Andrea uses a rake to move a pile of leaves. The rake is being used as a _____ lever. First-class second-class third-class
laila [671]

The answer to your question is Third Class.

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2 years ago
Read 2 more answers
In what circumstances is it ethical for public speakers to use emotional appeals when speaking to persuade? Are there any kinds
Soloha48 [4]

Answer and explanation:

Emotional appeals are ethically valid in persuasive speeches when the speaker wants to emphasize a specific matter that is relevant for the audience to understand. By showing anger, pity or fear the speaker tries to put into the audience's shoes but immediately after that exposes the solution to the possible problem.

However, there might be cases when emotional appeals could be taken too personal which turns the speech subjective. The speaker must avoid getting to that point otherwise the audience will be unlikely to identify themselves with what the speaker is trying to expose.

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3 years ago
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