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Dvinal [7]
3 years ago
5

Mehmet’s café sells coffee for only $.50, which is less than it costs, but Mehmet hopes customers will come for the coffee and e

nd up buying sandwiches and pastries.
What sort of pricing strategy is Mehmet pursuing?

a. psychological pricing
b. loss leader
c. introductory offer
d. customer-led pricing
Business
1 answer:
blsea [12.9K]3 years ago
7 0

Answer: c. introductory offer

Explanation: After you get your $.50 coffee, you will be more likely inclined to add some croissants to your order.

Hope this helps!  :)

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VladimirAG [237]

The research design evidently has  a problem with  <u>"validity".</u>


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8 0
3 years ago
As personal computers became popular, the sale of typewriters decreased significantly and now typewriters are only used by a ver
zimovet [89]

Answer:

False

Explanation:

With the advent of computers, the office work that involved typing a data and sending information to others, witnessed a great trend shift from typewriters and manual handing over to computers and emails.

Hence as the computers became popular, the typewriter went to the decline stage of product life cycle because there wasn’t much demand left for producing typewriters

8 0
3 years ago
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Match the appropriate costing method to the description
sp2606 [1]

Answer:

  • a. Absorption costing only  --  8. Includes gross profit on the income statement
  • 2. Required by generally accepted accounting principles.
  • b. Variable costing only  --  6. Generally provides the most useful report for setting long-term prices.
  • 3. Treats fixed manufacturing cost as a period cost.
  • 5. Generally provides the most useful report for controlling costs.
  • 4. Operating income is impacted by changes in inventory level.
  • c. Both absorption and variable costing  --  7.May be used in a manufacturing company
  • 1.Treats fixed selling cost as a period cost.

Explanation:

  • The absorption costing includes that all the manufacturing costs which are given to the units produced and the cost of a finished product will be the cost of the direct material and labor.
  • Variable cost is a method that assigned the variables costs to the inventories and means that overall cost changes to expenses in a time of occurrence.
  • Both of these costs are related to the method of the production and costs that are incurred in the production and in which method the company uses to make.
8 0
3 years ago
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Serjik [45]

Profit will be maximum for the firm where marginal revenue = marginal cost.

Since, the market price is fixed at $8 and therefore each additional unit of camera will be sold at $8.
Hence, marginal revenue = $8.

From the table, it is clear that cameras are manufactured in batches of 100.

Marginal cost is the cost incurred to produce one additional unit of camera. It will be calculated by taking the difference of successive variable costs (or total costs) divided by 100.

To produce 400th unit, marginal cost = (2760 - 1960)/100 = $8

Hence, profit maximising quantity isB. 400 (MR = MC)

3 0
3 years ago
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stira [4]
The answer for that question would be : Gasoline

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