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3 years ago

What pricing strategies do McDonalds use.

2 answers:

7 0

They base their pricing off of supply and demand and product use, When they an item they keep in mind the state taxes that has to be paid per item distributed. This is the average price of items

Big Mac $3.99

Big Mac – Meal $5.99

2 Cheeseburgers $2.00

2 Cheeseburgers – Meal $4.89

Quarter Pounder with Cheese $3.79

Quarter Pounder with Cheese – Meal $5.79

You may realize that this is not the same as the price in your area that's because of taxes. They also base it off of the amount of stock. When their low on something like ground beef, they raise the prices of that item so they can make money that they lost on that item.

When rounding tax price they include a 0.001 percent of business tax stocks in your price. It is part of their company policy

<h2>Hope this helps! </h2>

inysia [295]3 years ago

3 0

Broke people ones …..

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Marle Construction enters into a contract with a customer to build a warehouse for $950,000 on March 30, 2021, with a performanc

Mandarinka [93]

Answer:

The correct answer is option (B).

Explanation:

According to the scenario, computation of the given data are as follows:

As probability is not correctly given.

Let probability be:

July 31, 2021 = 65%

August 7, 2021 = 25%

August 14, 2021 = 5%

August 21, 2021 = 5%

So, We can calculate the transaction price by using following formula:

Transaction price = (Amount + Bonus) × Probability

July 31, 2018 = ($950,000 + $50,000) × 65% = $650,000

August 7, 2018 = ($950,000 + $40,000) × 25% = $247,500

August 14, 2018 = ($950,000 + $30,000) × 5% = $49,000

August 21, 2018 = ($950,000 + $20,000) × 5% = $48,500

So, Total transaction price = $650,000 + $247,500 + $49,000 + $48,500

= $995,000

5 0

3 years ago

Explain why supply and price are positively related

pishuonlain [190]

Answer:

see below

Explanation:

A positive correlation signifies that an increase in one variable results in the other variable moving in the same direction. Because supply and price are positively correlated, a price increase will increases supply. The opposite is also true.

Suppliers are business people whose main objective is to make profits. Higher prices give higher margins. Suppliers make higher profits when prices are high. The possibility of making higher profits motivates suppliers to increase supplies to the market. On the other hand, low prices may result in losses. When prices are low, supplies will shy away from the market to avoid making losses.

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3 years ago

There are simultaneous changes in the demand for and supply of tablet devices, with the consequences being an unambiguous decre

lord [1]

Answer: c. Demand decreases and supply decreases.

Explanation:

When demand for tablets decrease, the demand curve shifts to the right. The price and quantity declines. At the same time, when supply also falls, the supply curve shifts to the left leading to an increase in price and a fall in quantity.

Since, decrease in demand and supply have opposite effect on the price there is no change in the price of tablets.

Both the forces work towards reducing quantity to quantity will fall unambiguously.

Thus, the correct option is c, Demand decreases and supply decreases.

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3 years ago

When an account previously written off is collected in full, which is required to ensure the accounting for the complete payment

Lyrx [107]

When a bad debt is written off, the thing that should be fine is an entry to reinstate the account receivable and and entry to record payment.

A bad debt simply means an uncollectible account expense that's unlikely to be paid by a debtor.

When an account previously written off is collected in full, to ensure the accounting for the complete payment history of the customer, it's important to reinstate the account receivable and and entry to record payment.

Learn more about bad debt on:

brainly.com/question/24871617

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3 years ago

Monopolistic competition resembles pure competition because:

OleMash [197]

Answer:

The correct answer is D.

Explanation:

Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another as goods but not perfect substitutes (such as from branding, quality, or location). In monopolistic competition, a firm takes the prices charged by its rivals as given and ignores the impact of its own prices on the prices of other firms.

Monopolistic competitive markets:

have products that are highly differentiated, meaning that there is a perception that the goods are different for reasons other than price;

have many firms providing the good or service;

firms can freely enter and exits in the long-run;

firms can make decisions independently;

there is some degree of market power, meaning producers have some control over price; and

buyers and sellers have imperfect information.

7 0

3 years ago