1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olga55 [171]
3 years ago
6

What methods can you use for setting the price? What tools are available for measuring the impact on your price decision?

Business
1 answer:
timofeeve [1]3 years ago
3 0

Answer:

What methods can you use for setting the price? What tools are available for measuring the impact on your price decision?

In marketing we call it the <u>4 P's</u>

1) Product

2) Price

3) Promotion

4) Place (location)

You might be interested in
Which of the following is not correct? Select one: a. Taxes levied on sellers and taxes levied on buyers are not equivalent. b.
liq [111]

Answer:

The correct answer is option a.

Explanation:

Taxes levied on either buyers or sellers are equivalent. In both cases, the tax creates a wedge. This wedge is the difference between the price that the buyers have to pay and the price that the sellers receive.  

The price that the buyers have to pay increases while the price that the sellers receive decreases. But this tax wedge does not depend on whom the tax is levied, it depends on the elasticity of demand and supply. So whether the tax is levied on buyers or sellers, the tax wedge will remain the same.

The tax burden will be shared between both buyers and sellers. So it is incorrect to say that the taxes levied on sellers and taxes levied on buyers are not equivalent.

8 0
2 years ago
An entrepreneurial team is a group composed of the entrepreneur plus the firm's banker, cpa, and attorney. the firm's managers.
makvit [3.9K]

Answer:

"An entrepreneurial team is a group composed of the entrepreneur plus the firm's banker, CPA, and attorney."

Explanation:

An entrepreneurial team usually consists of 2 or more people with a great interest in the success and future of a company. The work of this team is interdependent as they pursue common goals for success for the venture. They are usually interested in the financial and other areas of a company and include the entrepreneur, the CPA, attorney, and the organization's banker.

8 0
3 years ago
Grouper Company follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual-item basis. Item
zhuklara [117]

Answer:

Normal profit was missing, so I looked for it:

Item   Q        Cost        Cost to    Estimated       Cost                Normal*  

No.                p/ unit     replace   selling price   of Completion  profit

                                                                            and Disposal

1320 1,500   $3.87       $3.63         $5.45           $0.42                $1.38

1333 1,200   $3.27       $2.78         $4.24            $0.61                $0.67

1426 1,100    $5.45       $4.48         $6.05          $0.48                 $0.47

1437 1,300    $4.36       $3.75         $3.87          $0.30                 $0.25

1510 1,000    $2.72       $2.42         $3.93          $0.97                  $1.18

1522 1,200   $3.63       $3.27         $4.60          $0.48                 $0.84

1573 3,300   $2.18        $1.94          $3.03          $0.91                 $0.93

1626 1,300   $5.69       $6.29          $7.26         $0.61                  $1.56

we have to first determine the ceiling NRV and floor NRV

Item     Cost to    Estimated       Cost                NRV           NRV

No.       replace   selling price   of Completion   ceiling        floor

                                                    and Disposal

1320   $3.63         $5.45             $0.42                 $5.03        $3.65

1333   $2.78         $4.24              $0.61                 $3.63         $2.96

1426   $4.48         $6.05             $0.48                 $5.57         $5.10

1437    $3.75         $3.87             $0.30                 $3.57         $3.32

1510    $2.42         $3.93             $0.97                 $2.96         $1.78

1522   $3.27         $4.60             $0.48                  $4.12         $3.28

1573    $1.94          $3.03             $0.91                  $2.12          $1.19

1626   $6.29          $7.26             $0.61                 $6.65         $5.09

we have to determine the market value:

Item     Cost to    NRV           NRV           Market value

No.       replace   ceiling        floor           (middle of the 3)

1320   $3.63        $5.03        $3.65             $3.63

1333   $2.78         $3.63         $2.96            $2.96

1426   $4.48         $5.57         $5.10            $5.10

1437    $3.75         $3.57         $3.32           $3.57

1510    $2.42         $2.96         $1.78            $2.42

1522   $3.27         $4.12         $3.28            $3.28

1573    $1.94          $2.12          $1.19            $1.94

1626   $6.29         $6.65         $5.09          $6.29

Item     Market value       Cost              Quantity           Inventory

No.                                    per unit                                  value

1320      <u>$3.63</u>                   $3.87           1,500                 $5,445

1333      <u>$2.96</u>                   $3.27           1,200                 $3,552

1426       <u>$5.10</u>                   $5.45           1,100                 $5,610

1437       <u>$3.57</u>                   $4.36           1,300                 $4,641

1510       <u>$2.42</u>                   $2.72           1,000                 $2,420

1522      <u>$3.28</u>                   $3.63           1,200                 $3,939

1573       <u>$1.94</u>                    $2.18           3,300                 $6,402

1626      $6.29                   <u>$5.69</u>           1,300                 $7,397

total                                                                                   $39,406

               

7 0
3 years ago
What does gdp do for the economy
Inessa [10]
GDP (gross domestic product) is one of the primary factors used to test the countries economic health. It represents the total dollar value of all goods and services produced over a specific period.

Hope this helps!
7 0
3 years ago
If a company raises money by issuing new stocks, a current shareholder has the right to purchase new shares on a pro rata basis
Mumz [18]

Answer:

d. preemptive right

Explanation:

Preemptive rights refers to the clause that is included in a merger agreement or security that allows an investor to buy a proportionate number of shares to be issued in the future in order to protects him from losing his percentage ownership of a company.

The aim a preemptive right is to avoid a situation whereby the management of the company take over the control of the company by issuing and buying extra shares of the corporation to themselves. It basically aims to prevent the dilution of the value of stockholders.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Shivers Ice Cream Company estimates its factory overhead costs to be $35,000 and machine hours to be 5,000 for the year.
    14·1 answer
  • What caused consumer prices to rise following the war? . a.low demand and a surplus of produced goods . b.low demand and a short
    9·2 answers
  • The annual statements that have to be submitted at the end of each financial year must contain an overview of the internal audit
    10·2 answers
  • Velocity, a consulting firm, enters into a contract to help Burger Boy, a fast-food restaurant, design a marketing strategy to c
    14·1 answer
  • Which statement about journal entries in QuickBooks Online is true?
    7·1 answer
  • The Federal Open Market Committee promotes price stability and economic growth through
    8·2 answers
  • Financing cash flows in the statement of cash flows would include which of the following?
    10·1 answer
  • According to classical macroeconomic theory, changes in the money supply affect: _________.(i) nominal variables, but not real v
    15·1 answer
  • Play-It-Loud, LLC, provides music-streaming services online subject to complex pricing schedules. To control specific offers for
    10·1 answer
  • Allen is preparing a pie chart for the Empty Stocking Fund to show the proportionate low spending on administrative overhead as
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!