By definition, GDP per capita is an economic term wherein it is the result when the total GDP (Gross Domestic Product) of a country is divided by the total number of population in that country. Therefore, a higher GDP per capital would most likely indicate that there is also a higher standard of living.
Answer:
Initiation
Explanation:
The Project Initiation Phase is the 1st phase in the Project Management Life Cycle, as it involves starting up a new project. You can start a new project by defining its objectives, scope, purpose and deliverables to be produced. You'll also hire your project team, setup the Project Office and review the project, to gain approval to begin the next phase
Yield Management pricing is a form of dynamic pricing.
Option-2
<u>Explanation:
</u>
Marketing professionals build an overall price plan in accordance with the purpose and principles of the company. This value policy is generally part of the overall long-term strategic plan of the business.
Where advertiser aims at maximizing profits, in the context of income driven pricing, for instance, dynamic pricing (also referred to as yield management). Control of yields is a variable pricing concept based on awareness, expectation, and manipulating human behavior to maximize sales and benefit from a fixed time constraint.
Answer:
$6,150
Explanation:
Calculation to determine what The total profit on units sold for the consignor is
Total profit=[ (20)×($820 - $320 )] - (20 × $820)(.05) - $1,710 - $570 - $750
Total profit=(20*$500)-($16,400*.05)-$1,710-$570-750
Total profit=$10,000-$820-$1,710-$570-750
Total profit=$6,150
Therefore The total profit on units sold for the consignor is $6,150