Answer: Click Match Fields and match them manually.
<u>Answer:</u>Consumers are relatively insensitive to premium prices.
<u>Explanation:</u>
Premium pricing is generally done by the firms to prove that their products are competitive enough in the market. Also premium pricing denotes that the product has high value in the market. Companies fixing the prices know that the consumers will not investigate if it truly valuable.
The organisations also establish a brand name to prove that they are luxury brand. So the customers are also insensitive to the prices of those products. For example Apple phones, Rolex watches etc.
Answer:
$163 million
Explanation:
The computation of service cost is shown below:-
Service cost = Projected benefit obligation - December 31 - Projected benefit obligation January 1 - Interest cost (340 × 10%) + benefit payment to retiree Dec 31
= $480 million - $340 million - $34 million + $57 million
= $537 million - $374 million
= $163 million
Therefore for computing the service for we simply applied the above formula.