A. captive-product pricing
Gillette charges a fairly low price for their razors (relative to costs) and a high price for razor blades. they are using a strategy of __________ pricing.
Answer: Keynesian economic theory
Explanation: Keynesian analysis says the rise in aggregate demand will ___boost growth _____ Keynesians believe consumer demand is the primary driving force in an economy. while the neoclassical model predicts ____looked at labor contracts as sources of wage stickiness to generate equilibrium models of unemployment.____ in the long run.
Answer:
E. $25,000 unfavorable
Explanation:
The labor efficiency variance shall be calculated using the following formulas:
Labor efficiency variance=((Standard labor hours used to make the actual production
)- (Actual labor hours used to make the actual production))* standard rate per hour
Standard labor hours used to make the actual production=15,000
Actual labor hours used to make the actual production=17,500
standard rate per hour=$10 per hour
Labour efficiency variance=(15,000-17,500)*10
=25,000 unfavourable
So based on the above discussion, the answer shall be E. $25,000 unfavorable
A shortage occurs when demand exceeds supply – in other words, when the price is too low. However, shortages tend to drive up the price, because consumers compete to purchase the product. As a result, businesses may hold back supply to stimulate demand.
Answer:
$51,588.70
Explanation:
The computation of the total amount of interest revenue is shown below:-
Annual lease payments = Fair value of Equipment ÷ PV factor of $1 annuity due
= $323,400 ÷ (1 + (1 - (1.08)^-4) ÷ 0.08)
= $323,400 ÷ 4.31213
= $74,997.74
Now,
Total interest revenue = Gross lease payments receivable - Fair value
= $74,997.74 × 5 - $323,400
= $374,988.70 - $323,400
= $51,588.70