Answer:
Price discrimination
Explanation:
Price discrimination refers to a marketing tactic in which the seller invoice different prices to clients for the identical type of product or service they are offering to the customers
While on the other hand, In pure price discrimination, the seller charges the maximum price from each customer
Therefore in the given situation, here price discrimination should be used
Answer:
Explanation:
From the above question, three reasons for the downward slope of the demand curve and the effect with the component of aggregate demand are:
1. Net Exports : the international trade effect
2. consumption : the wealth effect
3. investment : the interest rate effect
Answer:
Explanation:
First of all we will perpare the T-Accounts for the identification of shares issued and dividend paid during the year as follows :
Share Capital And premium Account
Opening Balance -105000
Closing Balance 164000
Shares Issued 59000
Retained Earnings
Opening Balnce 376750
Net Income During the Year 96100
Closing Balance -455490
Dividend Paid Balancing figure 17360
Now We will Draft the inancing section of the statement of cash flows.
<u>Cash flow from investing Activities</u>
Issuance of shares 59000
Dividend Paid -17360
Net cash from finance activity 41640
Answer:
Cullumber Company
The ending inventory is:
= $4,888.
Explanation:
a) Data and Calculations:
Item Units Unit Cost Net Realizable Value Value of Ending
Cameras: Inventory (LCNRV)
Minolta 3 $172 $152 $456 ($152 * 3)
Canon 9 140 170 1,260 ($140 * 9)
Light meters:
Vivitar 13 130 100 1,300 ($100 * 13)
Kodak 16 117 128 1,872 ($117 * 16)
Total value of Ending Inventory based on LCNRV = $4,888
b) The Lower of cost- or net realizable value method of valuing ending inventory determines the value by choosing the lower value between the cost price of the inventory and the net realizable value. The purpose that is served by using the LCNRV method is that it reflects the decrease of inventory value when it goes below its original cost while at the same time it does not recognize the increased market value when the cost is lower.
The introduction of maximum prices in the petrol industry will not be an ideals decision for the country's economy because
a) if the maximum price is less than the equilibrium price, then it will cause a shortage in supply.
b) Petrol is essential for daily lives, without maximum pressure some people may not be able to buy the product.
<h3>What is Economy?</h3>
An economy is the large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated. It is defined as the management of financial matters for a community, business or family.
The economy of a country or region is the system by which money, industry, and trade are organized.
Learn more about economy here,
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