1. Government
2. Military
3. Protection
Hope this helps.
THE TYPE OF DEPRECIATION THAT OCCURS WOULD BE FUNCTIONAL DEPRECIATION.
Answer:
Increase in income
Increase in price of substitutes
Change in taste
Explanation:
If income increases, the demand for a good rises as the amount of disposable income increases,
A substitute good is a good that can be used in place of another good. e.g. pen and pencils. If the price of a substitute (e.g. pens) increases, it becomes more expensive. Consumers would shift to the demanding pencils. As a result the demand for pencils would increase
A change in taste. For example, if an individual prefers pencils to pens. he would demand more of pencils and less of pend. As a result, the demand for pencils would increase
MSRP = Manufacturer Suggested Retail Price
Answer:
target costing.
Explanation:
Based on the information provided within the question it can be said that the company's pricing approach is referred to as target costing. This term refers to an approach that is used in order to determine the product's life-cycle cost that will be spent in order to make sure the product meets it's standards in order to achieve the desired profit. Which is what is being done in this scenario in order to meet the ideal selling price.
