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
padilas [110]
3 years ago
8

When a firm has its products prices high because it hopes that consumers will associate high prices with high quality, it is foc

used on which of these pricing objectives? 1. Matching the status quo prices 2. Maximizing profits 3. Creating an image 4. Achieving greater market share 5. Building traffic
Business
1 answer:
guajiro [1.7K]3 years ago
6 0

When a firm has its products prices high because it hopes that consumers will associate high prices with high quality, it is focused on which of these pricing objectives? Maximizing profits. Maximizing profits refers to a firm doing all they can to get the most return on their products. When a firm is able to maximize their profits, they typically are making the most money on their items and allowing for large amounts of money to be reinvested into the company.

You might be interested in
Frankfort Corporation purchases an investment in Bradley, Inc. at a purchase price of $9.8 million cash, representing 40% (at bo
vazorg [7]

Answer:

B. The amount of equity reported by Frankfort Corporation is $672,000

Explanation:

Equity earnings

= Frankfort's share in net income of Bradley

= 1,680,000 * 40%

= 672,000

Option B

Please comment if you face any issues****************

7 0
3 years ago
A leader, such as Bill Gates of Microsoft, who can inspire followers above their own self-interests and can have a profound effe
arsen [322]

Answer:

Transformational leadership

Explanation:

Transformational leadership is an authority style that can rouse positive changes in the individuals who pursue. Transformational pioneers are commonly vigorous, excited, and energetic. Not exclusively are these pioneers concerned and associated with the procedure; they are likewise centred on helping each individual from the gathering prevail as well. Through the quality of their vision and character, transformational pioneers can motivate supporters to change desires, judgements, and inspirations to move in the direction of shared objectives.

8 0
2 years ago
Camille's Creations and Julia's Jewels both sell beads in a competitive market. If at the market price of $5 both are running ou
Marina CMI [18]

Answer:

A.

Explanation:

7 0
3 years ago
For each of the following, state whether you expect the distribution to be symmetric, right skewed, or left skewed. Also specify
olga2289 [7]

Answer:

I have solved part a) because question contains only part a) however it has 3 more parts as well but that are not mentioned in the question. Part a) is explained below.

Explanation:

a) The distribution should be right skewed as most of the numbers lies at that side while using the median to correctly represent an observation in the distribution.

To represent the variability of the observations, interquartile range could be used. Since, there is a good number of expensive houses and this would increase the mean and standard deviation. So, it is better to use interquartile range to represent it, i.e. upper quartile for expensive houses, and lower quartile for less expensive houses and middle quartile for mid-range priced houses.

8 0
3 years ago
Perez Company acquires an ore mine at a cost of $1,400,000. It incurs additional costs of $400,000 to access the mine, which is
Amiraneli [1.4K]

Answer:

total cost of mine  = $1,400,000 + $400,000 = $1,800,000

estimed number of tons of ore = 1,000,000

residual value of land at the end of the mine =  $200,000

depletion expenses  per ton of ore =  ($1,800,000 - $200,000)/1,000,000

                                                          =  $1,600,000/1,000,000

                                                          = $1.6/ton

total depletion expenses  for the first year =  Ddepletion expenses per ton x number of ton of ore produced

                                                                 =  $1.6 x 180,000  

                                                                 =   $288,000

Explanation:

3 0
3 years ago
Other questions:
  • The money one makes is not necessarily the money one takes home. This income represents your salary before taxes are taken out o
    5·1 answer
  • Assuming that data mining techniques are to be used in the following cases, identify whether the task required is supervised or
    6·1 answer
  • You are to make monthly deposits of $700 into a retirement account that pays an APR of 10.2 percent compounded monthly. If your
    5·1 answer
  • Prompt What are three ways to increase productivity?
    14·1 answer
  • Farmer Joe is planning to purchase a new hog farm. He anticipates making $20,000 the first year, $25,000 the second year and $30
    5·1 answer
  • Explain how consumer and producer surplus affect economic well-being. When the price of a good or service is – enough, it will e
    14·1 answer
  • Wen, a consumer researcher, is conducting a research on the buying behavior of the hispanics. as part of her study, she calculat
    5·1 answer
  • Raleigh Co. has the following products in its ending inventory. Compute the lower of cost or market total for inventory applied
    7·1 answer
  • Begin with a single sum of money at period 0. First, calculate a future value of that sum at 12.01%. Then discount that future v
    11·1 answer
  • Activity-Based Product Costing
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!