Answer:
symbolic/prestige pricing
Explanation:
Symbolic/prestige pricing occurs when consumers associate with goods based on how costly it is. If the princes of the goods are low it doesn't encourage buyers to make purchases as they seem to associate high prices with top quality.
This is why matrix charges high for its cologne. Therefore Symbolic/prestige pricing is the answer to the question.
Answer:
interest = $3,540
Explanation:
given data
principal = $88,500
rate = 12 %
time = 4 months ( September 1, 2017 to September 1, 2017 )
to find out
What is the accrued interest
solution
we get here interest that is express as
interest = principal × rate × time .......................1
put here value we get interest
interest = $88500 × 12% × 
interest = $88500 × 0.12 × 0.33333
interest = $3,540
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Answer:
Deal
Explanation:
Amount of cash left in the 5 Suitcase = $1 , $30000, $100000, $300000, $750000
The probability of selecting each bad is equal and it is 1/5
Thus, the expected value of prize = 0.2(1+30000+100000+300000+750000)
= 0.2 * 1180001
= $236,000.2
0
Since the bank is offering amount of $250,000 which is greater than the expected value, then it is considered as a deal.
