Answer: E) Recoding
Explanation:
Recoding refers to the changing of a variable to better suit the needs for which the variable is being collected.
The variable's parameters can be redefined using recoding to either include more information or less so that the result can be more reflective of the situation on ground.
In mixing the lowest income category with the next lowest, recoding would have occurred.
Answer:
$10.00
Explanation:
Calculation to determine The selling price that would maintain the same contribution margin ratio as last year is
Based on the information given since variable cost increased by one-third (1/3) which means that the selling price amount has to as well increase by the same one-third (1/3) in order to maintain the same contribution margin ratio as last year.
Hence:
Selling price =$7.50+(1/3*$7.50)
Selling price=$7.50+$2.50
Selling price=$10.00
Therefore The selling price that would maintain the same contribution margin ratio as last year is $10.00
The price of hybrid vehicles in comparison to the other vehicles would be an example of product repositioning.
<h3>What is product repositioning?</h3>
Product repositioning is when a company changes their status in the marketplace. Repositioning happens to fulfill consumer wants and needs at a particular time.
Like changes to the marketing mix including product, price, location, and promotion, repositioning refers to changing the position of product in minds of target market.
Hence, the price of hybrid vehicles in comparison to the other vehicles would be an example of product repositioning.
Learn more about product repositioning here : brainly.com/question/6489859
The master license agreement is type of document that the company should procure from the developing company.
<h3>What is a
master license agreement?</h3>
A master license agreement is an agreement between a property owner and other party which grants a permission to them for use of such property.
In conclusion, the master license agreement is type of document that the company should procure from the developing company.
Read more about master license agreement
<em>brainly.com/question/24288054</em>
