when a firm charges a fee for the right to purchase a product plus a per-unit charge for each unit purchased, a two-part pricing strategy is a firm employs.
Definition: A product is an item offered for sale. Products are services or items. It can be in physical or virtual or cyber form. All products are made at a price and sold at a price. The price charged varies by market, quality, marketing, and target segment.
A product is an item or service sold to satisfy a customer's needs or desires. they are physical or virtual. Physical products include durable goods (such as cars, furniture, and computers) and consumables (such as food and beverages).
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Answer:
Explanation:
The question says to complete the necessary adjusting entry
What is an adjusting entry:
An adjusting entry represent an accounting entry passed usually at the end of the accounting year to ensure that accounts following the matching principle. An adjusting entry can further be passed to calculate and bring in respective account balances at the end of the period.
Therefore, the required adjusting entry is as follows:
Date Particulars Debit Credit
Dec 30 Salaries expense $4,000
Salaries payable a/c $4,000
being the record of salaries accrued at the end of the year
Note: Since a day is $800 and there are 5 days, the accrual is $800 x 5 = $4,000
He is the important member of the informal structure of the
company. The informal organization is the linking social structure that
oversees how people collaborate in practice. It is the collective of behaviors,
communications, standards, and private/specialized connections over which work
gets done and connections are constructed among people.
Answer:
The correct answer is relatively easy entry.
Explanation:
Monopolistic competition is a market structure in which there are a large number of firms, the entry into the market is relatively easier than monopoly. These firms produce differentiated products which are close substitutes.
The firm is a price maker and faces a downward-sloping demand curve. Unlike oligopoly decision of a firm does not affect its competitors. Though these firms do not show productive or allocative efficiency. They have excess capacity in the long run.
A 9 percent, $1,000 bond matures in 16 years, pays interest semi-annually, and has a yield-to-maturity of 9.68 percent. The current market price is $945.23.
An order marked "At Market" indicates that you are prepared to purchase at the current market rates for purchases. You are prepared to sell at the prices being offered in the market for sale. Market value and market price are synonyms. The market price is the price that is in effect on a specific day or at a specific moment. It is the outcome of supply and demand in the market. One of the main reasons market value is significant is that it offers a clear method for figuring out how much an asset is worth, eliminating any ambiguity or uncertainty. Customers and sellers frequently view a product's value differently in the marketplace.
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