Answer:
False
Explanation:
It is not necessary that the price shall be related to market value, rather an effective deal would be to offer the product at a price which is identified to be lower than the market value.
Anything which is at market value is not a deal unless it is paired with some other benefits not offered in the general market. Accordingly from the consumer point of view anything which has a good utility to consumer and is bought below the market price is a great and effective deal.
Therefore, the statement is false.
Emergency repairs or additional supervisors for an unanticipated second shift will likely lead to an unfavorable fixed overhead spending variance.
Accounting fees, advertising, insurance, interest, legal fees, labor burden, rent, repairs, supplies, taxes, phone bills, travel expenses, and utilities are examples of overhead expenses. Administrative overheads and manufacturing overheads are the two main types of business overheads.
Overhead costs, also known as overhead or operating expenses, are expenses associated with running a business that is not directly related to the creation or production of a product or service. They are the expenses incurred by the company to remain in business, regardless of its level of success.
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If A monopoly firm can sell 150 units of output for $10 per unit. The marginal revenue of the 151st unit of output is $6.98.
<h3>Marginal revenue</h3>
Using this formula
Marginal revenue=(Number of units×Price per units)-(Alternate Number of units×Price per units)
Let plug in the formula
Marginal revenue=(151 units×$9.98 per units)-(150 units×$10 per units)
Marginal revenue=$1,506.98-$1,500
Marginal revenue=$6.98
Therefore the marginal revenue of the 151st unit of output is $6.98.
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I believe the answer is market segmentation.
Market segmentation usually created by companies in order to target a specific kind of consumers based on their similarties (such as gender, race, age, salary, etc). From those segments, they created the most suitable products and marketing plan to appeal to those specific consumers.
Answer: Limited decision-making is a little more involved than nominal decision-making
Explanation: But it's still not a process that requires in-depth research. Limited decisions are made about mid-cost products, semi-frequent purchases, or purchases from a somewhat familiar brand. ... Product quality.