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Mice21 [21]
2 years ago
8

If a retail store has an item that is priced well above its other products in an effort to make the majority of its products see

m inexpensive by comparison, this is an example of:
Business
1 answer:
Musya8 [376]2 years ago
3 0

There are different kinds of product effect. If a retail store has an item that is priced well above its other products in an effort to make the majority of its products seem inexpensive by comparison;

  • this is an example of the framing effect.

<h3>What is a framing effect?</h3>

The framing effect is commonly defined as a type of cognitive bias that influences the decision making of people when said in different ways.

Conclusively, This simply implies that we are affected by how the same fact or question is portrayed to us.

learn more about the framing effect from

brainly.com/question/2444365

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Coffee to
geniusboy [140]

Answer:

Is this reading then answering questions or....

Explanation:

I dont get the question sry but I'll try to help

5 0
2 years ago
Speedy Auto Repairs uses a job-order costing system. The company’s direct materials consist of replacement parts installed in cu
Masteriza [31]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Estimates:

Direct labor-hours required to support estimated output 18,000.

Fixed overhead costs $ 198,000.

Variable overhead cost per direct labor-hour $ 1.00

A) overhead rate= (fixed + variable cost)/direct labor hour

Overhead rate= (198000 + 1*18000)/18000= 12

B) Direct materials $ 719

Direct labor cost $ 177

Direct labor-hours used 7

Manufacturing overhead= $1* 7= $7

8 0
2 years ago
A manager utilizing managment by obejective to motive her emplyees would focus on?
omeli [17]

A manager utilizing management by objective to motive her employees would focus on  firstly to determine or revised company's objectives or goals. She should set goals which is accepted by employees. Healthy competitions can also motivate employees to achieve objectives in the specific time limit.

She can give awards to employees who achieve goals to motivate employees. Management by objective is a strategic management approach which involves planning, defining, revising, setting, evaluating and tracking of company's objective through motivating employees by setting their individuals's goals to achieve larger goals.

Read more about Management by objective on brainly:-

brainly.com/question/28144882

#SPJ4

6 0
1 year ago
Read 2 more answers
At the beginning of the year, long-term debt of a firm is $308 and total debt is $339. At the end of the year, long-term debt is
Gnoma [55]

Answer:

The amount of the cash flow to creditors is $74

Explanation:

Beginning of the year:

Long-term debt = $308

Total debt = $339

At the end of the year:

Long-term debt = $269

Total debt = $349.

Interest = $35

Net new borrowing = Ending Long-term debt - Beginning Long-term debt

= $269 - $308

= ($39)

Cash flow to creditors = Interest paid - Net new borrowing

= $35 - ($39) = $ 74

4 0
3 years ago
which is most likely the reason why policymakers would impose a a price ceiling on the market for coffee?
trasher [3.6K]

The reason for imposing the price ceiling is to prevent the producer/seller from taking advantage of the consumer.

Price ceiling refers to an economic tools used by policymaker to mandate a maximum price that the seller must charge for sales of a product or service.

Price ceiling serves as a tool to prevent the producers from exploiting the consumers.

The price ceiling are imposed by the policymaker to prevent producer or seller of coffee to have price advantage of its sales to the coffee consumers.

Therefore, in conclusion, aim of preventing exploitation of consumer is the reason of imposing price ceiling on coffee market.

Read more about Price Ceiling here

<em>brainly.com/question/24644929</em>

4 0
3 years ago
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