Answer:
Crucial or important?
Explanation:
Tell me if there's anything else to the question but I would say that it is very important to convince a person with understanding or appeal.
When a membership store (like Costco) costs an annual membership, however sells items at extraordinarily low expenses, it's miles the usage of what economists name a: Price discrimination.
The required details for Price discrimination in given paragraph
Price discrimination is a promoting approach that costs clients specific expenses for the identical service or product primarily based totally on what the vendor thinks they are able to get the consumer to agree to. In natural fee discrimination, the vendor costs every consumer the most fee they may pay. Companies exercise fee discrimination in an effort to maximize profits. Since a huge marketplace normally consists of many kinds of purchasers, fee discrimination lets in groups to provide a excessive fee to well-off purchasers and a low fee to the maximum fee-touchy purchasers.
Price discrimination is practiced primarily based totally on the vendor's notion that clients in sure businesses may be requested to pay greater or much less primarily based totally on sure demographics or on how they cost the service or product in question.
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Answer:
$18,146.34
Explanation:
Data provided in the question
Monthly interest = $155
Interest rate = 0.1025% which represents the 10 1/4 %
Number of days in a month = 30 days
So, the principal balance after the beginning of November month is
= Monthly interest ÷ (Interest rate × (Number of days in a month ÷ total number of days in a year)
= $155 ÷ (0.1025 × (30 days ÷ 360 days))
= $18,146.34
Answer:
$125,000
Explanation:
Opening values of;
Total assets = $120,000
Total liabilities = $40,000
Total equity = $120,000 - $40,000 = $80,000
During the year,
Total revenues = $140,000
Total expenses = $50,000
Withdrawal by owner = $45,000
The amount withdrawn by the owner reduces the owners equity. This may be deducted from the net income.
Net income from the year = $140,000 - $50,000 - $45,000
= $45,000
This will be added to the opening owner's equity to get the closing owner's equity.
Owner's equity at the end of the year = $80,000 + $45,000
= $125,000