Setting the price for a new product is less difficult when other products like it are already being sold. This is true because ______. Multiple choice question. consumers will have become used to paying artificially high prices for products in that category all retail outlets in the area can get together and agree to sell the product for the same price, regardless of its actual value consumers will have learned to depend on that type of product and will pay whatever it costs the market will have established a general value for that sort of item

Answers

Answer 1

Answer:

the market will have established a general value for that sort of item

Explanation:

If we set the price of the new product so it would be less difficult in the case when the other kind of products are being sold because in the market the products make the image of the company that the audience will be aware of

So according to the given situation, the last option is correct

And, the rest of the options does not represent the given case


Related Questions

Noah’s family has been out of control with their spending lately. They have decided to come up with a spending plan to help them manage their money. What is Noah’s family going to create?

A. a personal financial statement


B. a stock portfolio


C. a budget


D. a net worth statement

Answers

Answer:

The correct answer is C. A budget.

Explanation:

A budget is a document whose function is to organize the money flows of a certain organization, reflecting the financial effects of the different decisions that the organization makes. Thus, the budget is a coordination between the wants and needs, and the economic possibilities that the organization has to meet those wants and needs. In addition, a budget allows to determine economic and financial objectives, and control the entry and exit of money efficiently, to avoid certain unnecessary expenses, thus optimizing the return on money.

Correct Answer: a budget

The expectation of a future devaluation of a fixed exchange rate will lead to Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a a sharp rise in reserves and a rise in the domestic interest rate above the world interest rate. b a sharp fall in reserves and an unchanged domestic interest rate. c a sharp fall in reserves and a rise in the domestic interest rate above the world interest rate. d a sharp rise in reserves and a fall in the domestic interest rate below the world interest rate.

Answers

Answer:

c a sharp fall in reserves and a rise in the domestic interest rate above the world interest rate.

Explanation:

A devaluation of fixed foreign exchange rate of a country will make the local currency cheaper compared to other currencies.

This implies that other countries will benefit more from buying the countries goods which are now cheaper (exports).

Imports will be more expensive as foreign currencies will have higher value.

Inflation results in this situation leading to increased interest rates aimed at curbing the fall of price of goods.

In order to maintain a level of stability in the economy also the reserves of the country will be used to stabilise the local currency. So reserves will fall.

The _____ is the most important factor to consider when selecting a credit card if you do not pay the balance on your credit card every month.

annual fee
over-the-limit fee
APR
late fee

Answers

Answer:

APR

Explanation:

If you dont pay off the balance each month, you are most concerned with the interest rate charged (apr)

Answer:

APR

Explanation:

The APR is the most important factor to consider when selecting a credit card if you do not pay the balance on your credit card every month.

Globalization includes all of the following except
O an integrated global economy
O free flow of capital
O free trade
O limits on global expansion

Answers

Answer:

d. limits on global expansion

Explanation:

;p

Answer:

limits on global expansion

Explanation:

got it right on edge 2023 business law!!

What is the Racial Wealth Gap?

Answers

Explanation:

the racial wealth gap in the United States is the disparity in median wealth between the different races . This gap is most pronounced between whitehouseholds and racia minorities

Brainliest-
How any two stakeholders affect the quality of toyota's products?​

Answers

Answer:

The company's brand value, human resource skills, and financial soundness are all influenced by these stakeholders. It affects toyota's quality products to be either better or worse.

Regina is looking to start a knitting business and completes a target profile to include in her business plan. Identify which item in her target market profile is in the wrong category and where it should be moved. ​

Answers

Answer:

geographic information

When formatting your resume, it is important to ____
a. Order the content logically
b. Make the overall design appealing
c. Ensure the grammar and spelling is flawless
d. All of the above

Answers

All of the above When formatting your resume, it is important to do all

You are a network administrator for your company. A user calls and tells you that after stepping on the network cable in her office, that she can no longer access the network.

You go tot he office and see that one of the user's stiletto heels has broken and exposed some of the wires in the Cat 5 network cable. You make another cable and attach it from the wall plate to the user's computer.

What should you do next in your troubleshooting strategy?

- Establish what has changed.

- Recognize the potential effects of the solution.

- Document the solution.

- Test the solution.

Answers

Answer: Test the solution

Explanation:

Since the user called and said that she can no longer access the network after she steeped on the network cable, and another cable was made and attached from the wall plate to the user's computer, the next thing that should be done is to test the solution.

The solution should be tested in order to be sure that the solution that was provided worked. After this has been done, then documenting he solution and recognizing the effects can be done.

HELP PLZ! The price index for a certain item is at 4% inflation rate. How long will it take for the price to double?

Answers

Answer:

Time taken to double the price is 17.5 years

Explanation:

As per the rule of seventy,

Time taken for a  CPI to get double is 70 divided by the rate of inflation

Substituting the given values, we get -

Time taken to double the price is 70/4 = 17.5 years

Following the 2007-2009 financial crisis, many people feared that Greece might leave the euro and resume using the drachma. If that happened, the drachma might be worth less than the euro. When using fiat money like the drachma, the key to acceptance is that households and firms have confidence that if they accept drachma in exchange for goods and services, the drachma will not lose much value during the time they hold them. If sellers were not willing to accept the drachma in exchange for goods and services, the drachma would not serve as

Answers

Answer:

A medium of exchange

Explanation:

A medium of exchange is a system where it is used to facilitate the sale, purchase, trading of the products & services between the parties

Since in the given situation,  it is mentioned that the seller would not willing to accept the drachma in exchange of goods & services so here the drachma would not be served as a medium of exchange

hence, the same would be relevant

You and your design group are competing for a multidisciplinary concept project. Your firm is the lead group in the design professional consortium formed to compete for the project. Your consortium has been selected to be the first to enter fee negotiations with the project owner. During negotiations, the amount you have to cut from your fee to be awarded the contract will require dropping one of the consortium members whose staff has special capabilities not found in the staff of the remaining consortium members. Is your consortium response in the negotiations ethical

Answers

Answer: No, not if the owner is left with the impression that the consortium is still fully qualified to perform all the required tasks

Explanation:

The purpose of a team is to work together, when the lead person is not involved the team may not be able to coordinate themselves to carry on with the task. Considering the project, dropping one of the consortium member with the best skill would be a turn off for the deal. For the team to do well, they need each other, especially the lead or most skillful, not including this in the deal is a loss already

The____represents more than. 380,000 retail and institutional food service operation, including restaurants, suppliers, educators, and non-profits.​

Answers

National Restaurant Association

outline four duties of an office messenger​

Answers

Answer:

The duties of an office messenger are summarized throughout the below segment.

Explanation:

His tasks predominantly include the passage as well as the collection of documents across units of the company or an organization.Any basic everyday tasks may be requested to encourage and support him in the file, make copies, and print documentation.Throughout the lower socio-economic frame seems to be in a position he has to be professional as well as respectful.

Samira is a freshman basketball player who hopes to go to college on a basketball scholarship. She is offered the chance to play on her school’s varsity basketball team, which plays in tournaments during holiday breaks. Samira usually spends her breaks working at the local hardware store. After careful consideration, Samira decides to stay on the freshman basketball team and keep working over breaks.



The fact that Samira may miss out on a scholarship opportunity by staying on the freshman team illustrates

a cause.
minor consequences.
a tradeoff.
unexpected risk.

Answers

Answer: a trade off

Explanation:

A trade-off (or tradeoff) is regarded as a situational decision which occurs when one loses a particular thing in order to gain something else.

A trade off is regarded as a form of compromise. An increase in a particular thing brings about a decrease in something else. The fact that Samira may miss out on a scholarship opportunity by staying on the freshman team illustrates trade-off.

Answer: is this one

a tradeoff

Explanation:

hope helps

In a cost reimbursable contract, _____. the contract usually details the quality of the goods or services, the timing needed to support the project, and the cost of delivering goods or service the organization agrees to pay the contractor for the cost of performing the service or providing the goods plus a profit the contract provides an incentive for performing on the project above the established baseline in the contract the contractor assumes the risks for unexpected increases in labor and materials that are needed to provide the service or materials and in the quantity of time and materials needed developing a clear scope of work, creating a list of highly qualified bidders, and developing a clear contract is critical

Answers

Answer:

the organization agrees to pay the contractor for the cost of performing the service or providing the goods plus a profit.

Explanation:

A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.

There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, cost reimbursable contract, etc.

In a cost reimbursable contract, the organization, which is the client agrees to pay the contractor for the cost of performing the service or providing the goods plus a profit.

This ultimately implies that, a client such as a business organization that enters into a cost reimbursable contract with another party such as a contractor, agrees to pay the contractor an agreed amount of money upon the completion or execution of the contract.

A hotel is part of what industry?
A.
Service
B.
Wholesaling
C.
Subcontracting
D.
Cottage


Please select the best answer from the choices provided

A
B
C
D

Answers

Hopes this helps:

Answer: A. Service

Please mark as brainlist
A.
Service i did this

Managers are accountable to some stakeholders whose interests they represent. These

stakeholders are:

Customers

Employees

Owners

Shareholders

Society

Government


1. Conduct a research to explain how is management responsible to EACH of these stakeholders. [18 marks]


pls help me

Answers

Answer:

see explanation

Explanation:

Stakeholder is anyone interest in the operation of a company or affected by the decision of the company.

Each stakeholder has its own interest and this is listed below :

Customers

They expect to receive value for money out of the firm products or services.

Employees

They are looking up to management for better remuneration for their manpower.

Owners

They seeking a maximum return from their investment in the company. Management run the company on their behalf as stewards.

Shareholders

They also seek maximum return from their investment in the company.

Society

The community expects the company to be a good corporate citizen and improve the social factors of employment, sustainability and environmental issues

Government

The government expects the company to be tax compliant and to pay its dues on time.

The US Senate has approved approximately how many treaties?
O 2.500
O 1,500
O 2,000
O 1.000

Answers

Answer:

2500

Explanation:

The United States Senate has approved approximately 2500 treaties. This assertion is based on the statistics that fifty years after the United States independence, the US Senate has only approved 60 treaties. By the period World War II began in 1939, the US Senate has approved another 800 treaties. Also, between 1940 to 1989, the United States Senate has approved an additional 759 treaties. And between 1989 to this moment, the United States Senate has reportedly approved 890 treaties.

Hence, summing all of them together, we have 60 plus 800, plus 759, plus 890, making it 2509 treaties. That is approximately 2500 treaties.

Answer:

B. 1,500

Explanation:

It’s on the passage

An entity enters into a contract with a customer to sell products X, Y, and Z in exchange for $250,000. Control over the products will be transferred to the customer at different points in time. The entity determines that the delivery of each product is a distinct performance obligation. Products X and Y are regularly sold separately and their standalone selling prices of $40,000 and $120,000, respectively, are directly observable. The standalone selling price of product Z of $160,000 was estimated using the adjusted market assessment approach. The entity determined that the discount provided to the customer does not relate to one or more specific products in the contract. What revenue will be recognized by the entity on the sale of product X

Answers

Answer:

B. $31,250

Explanation:

The computation of the revenue that should be recognized by the entity on the sale of product X is shown below;

Here the transaction price should be distributed to the performance obligations.

The sum of the standalone selling price is

= $40,000 + $120,000 + $160,000

= $320,000

And, the standalone selling price is $40,000

Now the revenue that should be recognized is

= $40,000 ÷ $320,000 × $250,000

= $31,250

provide some of your thoughts on what “dress for success” means to you, and give some examples

i’ll give brainliest to best answer pls help!

Answers

I believe it means dress appropriately. Wear a suit or a dress and looks successful. Dress as the person you want to be.

Please Help. Career Explorations

Answers

Ok so you need to explain what the commminuty needs like for example what people needs or you can search it up and look if there is lack anywhere and look up

Maxie's Game World sold games to a customer on credit for $2,600, terms 1/10, n/30 and the cost of the games was $1,700. When recording the collection from the customer made withi n the discount period, in its cash receipts jounal, Maxie's would enter: A) S2,574 in the Cash Dr. column, $26 in the Sales Discount Dr. column and $2,600 in the Accounts Receivable Cr.column. B) $2,600 in the Cash Dr. column. $2,600 in the Sales Cr. column, and $1,700 in the Cost of Goods Sold Dr/Inventory Cr.column. C) $2,600 in the Cash Dr. column and $2,600 in the Accounts Receivable Cr.column. D) $2,600 in the Accounts Receivable Dr/Sales Cr. column and $2,600 in the Cash Cr. column E) $2,574 in the Cash Dr. column and $2,574 in the Accounts Receivable Cr.column.

Answers

Answer:

A) S2,574 in the Cash Dr. column, $26 in the Sales Discount Dr. column and $2,600 in the Accounts Receivable Cr.column.

Explanation:

In the case when we have to record the collection from the customer within the discount period so the following journal entry should be made

Cash  Dr $2,574

Sales discount Dr $26 (1% of $2,600)

        To Account receivable $2,600

(Being collection is recorded)

Here the cash and sales discount is debited as it increased the assets and it reduced the sales on the other hand the account receivable is credited as it decreased the assets

help plz!!
Economists make economic predictions using:
A) educated guesses based solely on their opinion.
B) data about the economy from the past.
C) information only about other nations.
D) data about how outside economies allocate their resources.
Thanks!!

Answers

Answer:

[tex]hi \: james[/tex]

The answer is :

B) data about the economy from the past.

I hope it helps

have a nice day

#Captainpower

The answer to this question is B) data about the economy from the past

What was the opening price of Dow Jones Industrial Average on Jul 09, 2018 in the format of XXXXX.XX?

Answers

Answer:

According to yahoo finance, the opening price of the Dow Jones Industrial Average on Jul 09, 2018, is 24519.20.

Explanation:

Dow Jones Industrial Average is a stock indicator of the top 30 companies of the US. Other indicators include NASDAQ Composite and S&P 500.

These indicators are used to assess the performance of the market on a subsequent day. From the historical data from the Yahoo Finance, the value for any day could be found which for July 09, 2018 is 24519.20.

PLS ANSWER

The unit discusses the word ‘holistic’ in relation to childbirth. Can you think of any other areas of health and wellness that might have holistic approaches? Why might someone want to try a holistic approach?

Answers

Answer:

The word Holistic means to realize and observes any social behaviors in patients and how they see themselves, along with the treatment they may need. A holistic approach may be needed in a situation where a patient needs both mental and physical treatment.

Explanation:

This was just my answer for the assignment. Please rephrase and reword it if you are going to use it.

Hope this helps!

how do i become brainless?

Answers

Answer:

If you're talking about brainliest then just answer a bunch of questions that you know the answer to and provide an explanation. You'll get one sooner or later. But if you're talking about actually going brainless, just donate your body to science. They'll probably remove your brain and experiment with it for a bit.

Lev Knossos sells high tech equipment and software to companies in Greece. When he first started selling to Greek businesses, he was told that the Greek market lagged behind others in the use of technology. After conducting research, Knossos visited the Commercial Bank of Greece and explained how his products could create Web pages for the bank and facilitate banking transactions. By applying his product knowledge to solve a technology issue that he identified, Knossos took the role of: Tactical partner. Creative problem solver. Low-involvement decision maker. Transactional partner. Exchange creator.

Answers

Answer: Creative problem solver

Explanation:

Creative problem-solving refers to the process of finding a solution to a problem that doesn't have a solution before. It is an previously unknown and an original solution to a problem.

Creative problem solving is when an individual gets creative in order to develop new ideas and therefore get the solutions to the problems encountered.

Since Knossos visited the bank and explained how his products could give the bank solution to help facilitate banking transactions, he's a creative problem solver.

Adaptability in leadership styles, depending on the task and team you are working with, is known as the:

Answers

Answer:

Transactional leadership

Explanation:

The transactional leadership may be defined as that type of leadership which focuses on the role of the organization, supervision or the even on the group performance. The leaders who follows this type of leadership style mainly focuses on the special tasks and uses the rewards and the punishments to motivate their followers.

They are also known as managerial leadership. They depend on the task and the team they are working with.

What type of accounting is more rules-based?

Answers

GAAP

Explanation:

That would be the Generally Accepted Accounting Principles (GAAP) system which is rules based.

Alternatively:

The International Financial Reporting Standards. (IFRS) on the otherhand would be the one thats principles based.

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A sample of polonium-210 has an initial mass of 390 milligrams (mg). If the half-life of polonium-210 is 36 days, how many mg of the sample remains after 36 days? A. 48.75 mg B. 392 mg C. 97.5 mg D. 195 mg A scientist was given some cells in a test tube .When she did karyotyping studies on these cells, she found that they each consisted of 23 chromosomes with only one sex chromosome in each. Half of these cells had one" X" chromosome in each of the cells and the other half had one"Y" chromosome in each of the cells. From this information, which would be a reasonable conclusion?a. These could be cells taken from any part of the human body b. These are all gametes c. There is no way to tell what type of cells they are. The table shows the results of a survey of 150 students. Use the table to find the probability of a student participating in each sport. 1. Tennis2. Football3. Gymnastics 4. Volleyball Can someone please help! I will give brainlest if answered question correct What crimes supported the charges against the Nazi defendants at the Nuremberg trials? ano ang paska o tema ng Sarah ang munting prinsesa The more energy that particles have, the ___ they move. Find the volume of the cylinder. Use 3.14 for u. Round to the nearest whole number.Radius-34 mHeight-45 m what is the area of the red shape 100 POINTS AND BRAINLIEST. PLEASE HELP!!!!!! Avas watering can holds 2 liters of water. She uses 200 milliliters to water each of her plants. How many plants can she water if she fills the watering can two times? Eliminate the y in the following system of equations. What is the result when you add the two equations? 3x - 2y = 8x + y = 6 Does anybody know how to find the distance between 2 things using the pythagorean theorem? Bill has to take extra caution to avoid exposure to bloodborne pathogensbecause his main role at the hospital is to help insert and administer IVs.Which of the following jobs does Bill likely have?A. Emergency medical technicianB. Phlebotomy technicianC. Dental assistantD. Pharmacy technician An increase in heart rate (your heart pumps faster) results in...A. No changes to cardiac output or pressureB. Increase cardiac output and high pressureC. Increased cardiac output but lower pressure What is the largest two-digit number that is a multiple of 21? The party planner wants to know how many smaller table lengths, 2.5x-3, and widths, x, should be considered in expressing the perimeter. Create an expression that would best reveal these numbers. should i buy airpods pro or apple watch series 3 give three pros and cons each PLEASE I NEED HELP NUMBER 36 please help ASAP WILL GIVE BRAINLEAST A new car sells for $34,500. If the car depreciates at a rate of seven and a half percent each year, how much will the car be worth in five years? Please help find the missing angles