Answer:
True
Explanation:
The law of demand is an economics principle which states that the demand for goods or services will go up if prices reduce. This law argues that there an inverse relationship between the price and quantity demanded. The lower the price, the higher the demand. For example, if the price of bread goes up, then its demand will go down.
The statement "with price bundling, it is easy to know what the individual prices were before the products or services were bundled into a package" is definitely true.
<h3>What is Price bundling?</h3>
Price bundling may be defined as a type of business strategy that significantly deals with the packaging of separate products together and offering them at a single along with typically reduced prices. This type of strategy is generally operated by companies in order to attract consumers.
It is extremely true that the strategy of price bundling demonstrates the individual prices of all products or services which are bundled and packaged in a single component.
Therefore, the statement "with price bundling, it is easy to know what the individual prices were before the products or services were bundled into a package" is definitely true.
To learn more about Price bundling, refer to the link:
brainly.com/question/23175408
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Answer:
Production= 26,000
Explanation:
Giving the following information:
budgeted sales of 23,000 units, targeted ending finished goods inventory of 9,000 units, and beginning finished goods inventory of 6,000 units.
<u>To calculate the production required, we need to use the following formula:</u>
Production= sales + desired ending inventory - beginning inventory
Production= 23,000 + 9,000 - 6,000
Production= 26,000
Answer:
A. Price makers
B. Brand name
Explanation:
A. The hotels charge very high prices for wine and soft drinks because they are not price takers. They do not consider the price prevailing in the market for the products they are offering to the customers. They are price makers and select to charge the price they want to maintain their current hospitality. It their perception that wine and soft drinks are part of luxury. The food is an essential and people are not allowed to bring outside food in the hotel so they will buy it but when they will consume food they will also require the drinks as a part of their meal.
B. The people in today's world are so much brand conscious. They will pay for a name tag so they will be regarded for their high status in the society despite of low quality products. The ease of shopping at the branded stores is another reason for their high sales.
Answer:
Manager gives a subordinate an unwarranted compliment instead of honest criticism.
Explanation:
Filtering is when the sender manipulates the information so its received more favorably. A compliment instead of an honest critique is an example of this. It doesn't help the employee improve.
