Answer:
Option 2, laying off some workforce will have the lowest initial cost.
Explanation:
In option 1 if an organization is going to replace existing equipment with the new machines there is a definitely high cost involved in it because we do know that modern and newer machines costs more.
In option 3, if we go for lower-grade quality, we may face lost sales, or sales return which will add up to our cost.
However, if we go for option 2. there is no upfront cost involved in this decision but rather our cost is saved.
Thus the organization must opt for the 2nd option in order to find the lowest initial cost.
Answer:
Charge $150 for a suit
Explanation:
Bundling strategy is the pricing of goods by a business despite different customers having different preferential prices they are willing to pay for the good.
In this scenario Consumers of type A will pay $100 for a coat and $50 for pants. Consumers of type B will pay $75 for a coat and $75 for pants.
The two customers are willing to pay $150 for both the jacket and the pants.
So the best decision for the company is to sell a suit made up of the jacket and pants for $150.
This way bother customers will get their preferred price.
Answer:
there is a low chance of reservice
Explanation:
Answer: After closing the balance in the retained earnings account will be $20,000.
We arrive at Retained earnings for a given year as follows:
We then find the closing balance in the Retained Earnings account as follows:
The answer is Supply and Demand, whatever people want to eat more of is what restaurants and other stores will make and sell.
Hope this helped :)
