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

Thomas earns ​$ per year. What retirement plan Thomas should consider under the following​ circumstances? a. He works for a large private firm. b. He works at a university. c. He owns a small firm with employees. a. He works for a large private firm. Which is the best​ selection? ​(Select the best answer​ below.) A. Thomas should consider the Simplified Employee Pension Plan​ (SEP) or the Savings Incentive Match Plan for Employees plan​ (SIMPLE). B. Thomas should consider the​ 401(k) plan. C. Thomas should consider the​ 403(b) plan. b. He works at a university. Which is the best​ selection? ​(Select the best answer​ below.) A. Thomas should consider the Simplified Employee Pension Plan​ (SEP) or the Savings Incentive Match Plan for Employees plan​ (SIMPLE). B. Thomas should consider the​ 401(k) plan. C. Thomas should consider the​ 403(b) plan. c. He owns a small firm with employees. Which is the best​ selection? ​(Select the best answer​ below.) A. Thomas should consider the​ 403(b) plan. B. Thomas should consider the Simplified Employee Pension Plan​ (SEP) or the Savings Incentive Match Plan for Employees plan​ (SIMPLE). C. Thomas should consider the​ 401(k) plan.

Answers

Answer: See explanation

Explanation:

a. He works for a large private firm.

In this case, he should consider 401(k) plan since he works for a large private​ firm.

b. He works at a university.

In this case, he should considered the 403(b) plans. The 403(b) plan, is the retirement plan for staffs of public schools and this will be suitable for him in thus scenario.

c. He owns a small firm with employees.

In thus case, the SEP and SIMPLE plans should be considered as they're both are offered by small firms​ that has few employees.

Which of the following pieces of information is NOT commonly collected on a job application?

A. Social media links
B. Contact information
C. Education history
D. Prior work experience

Answers

Answer:

The answer to this question is A

Brainliest-
Explain 3 reasons why quality is important to Toyota.​

Answers

Answer:

Quality is important because if the quality of a multiple ton metal machine speeding down the highway is poor, it could lead to lawsuits as well as recalls and hospital bills. The higher quality a product is, the more money you tend to make off of it. Toyota's ceo knows that there are families that use their vehicles for every day life. To have a good quality is to make sure little Jimmy gets to school on time every day.

Which of the following would be a scientific theory? A the hypothesis that if you increase the temperature of water, then sugar will dissolve quicker B the statement that objects in motion tend to stay in motion C a belief in ghosts that humans cannot see or feel D an explanation of why global temperatures are rising

Answers

Answer:

D an explanation of why global temperatures are rising

Explanation:

Which of the following is most likely to be a benefit of storing the information from each calling session in a database? The company can analyze the calling session data and thereby make better business decisions. The company can analyze the calling session data and thereby make better business decisions. A The company can ensure that customer information is protected from misuse. The company can ensure that customer information is protected from misuse. B The company can reduce the costs associated with data storage. The company can reduce the costs associated with data storage. C The company can reduce its need for data compression.

Answers

Answer:

The company can analyze the calling session data and thereby make better business decisions.

Explanation:

Feedback from the customer and a view of how the customer pictures a company is a very important tool used to change future decisions a business makes.

This will influence decisions that will make the company more competitive and satisfy it's customers.

In the given instance a benefit of storing the information from each calling session in a database is that information gleaned from such calls will guide management in making customer friendly policies in the future.

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.

How taII is Hypious The best fn Competitive Player

Answers

Answer:

Hypious is 6'5

Explanation:

hes a fully tatted 6'5 millionaire

Custom Motors' account with Widgets, Inc. Has an opening balance of $1,200. They make four purchases totaling $1,500, receive a $400 credit for returned widgets, and make a payment of $2,000. What amount will go into the schedule of accounts for Custom Motors? A. $300 B. $1,500 OC. $1,100 D. $2,000

Answers

Answer:

A. $300

Explanation:

The computation of the amount will go into the schedule of accounts for Custom Motors is shown below;

= Opening balance + purchase made - credit received - payment made

= $1,200 + $1,500 - $400 - $2,000

= $300

Hence, the amount will go into the schedule of accounts for Custom Motors is $300

Therefore the option a is correct

And, the same would be considered

Answer:

A 300

Explanation:

A vendor sets up a stall outside of a major video game exposition. He sells products (mostly t-shirts) representing various popular video game characters but has no agreement with their owners. What is he most violating?


patents
trade secrets
✓trademark
copyright

Answers

Answer:

trademark

Explanation:

Look at the following picture and think about the organizational structure. Your task is to advise someone on how that organizational structure works. (PLEASE HELP)

Answers

Answer:

top down management

Explanation:

This organizational structure seen in the picture is a representation of top down management. In this structure, the individual at the top of the hierarchy has the most power and full command. Instructions are passed down the chain of command. For example, the CEO is in charge of the company and gives orders to the Managers (Production and Marketing). These managers follow that order and decide what orders to give the individual's under their supervision in the chain of command. These individuals are represented by the connecting lines in the diagram to the Managers. Once these individuals (Foremen and Sales Officer's) receive their orders, they create and relay their own orders down to the Workers and Salespeople.

I'll mark BRAINLIEST if ALL questions are answered:

1.) What are some of the challenges that you think come with being in the entertainment industry? Explain.

2.) A large part of the Communication and Information Technology career clusters probably didn’t exist 100 years ago—which parts in particular and why?

3.) 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

Explanation:

What are some of the challenges that you think come with being in the entertainment industry?

6 Critical Risks Facing the Entertainment Industry

1) Reputation. In the entertainment industry, a performer's image is just as important as their genuine talent (if not more so). ...

2) Cyber. Cyber risk takes on multiple forms in the entertainment industry. ...

3) Violence. Paris. ...

4) New Business Models. ...

5) Talent Risk. ...

6) Third-Party Liability.

When an ad says “best offer”, what does that mean?
A.The owner wants money than the car is worth
B.The owner may accept less money than the asking price
C.The owner wants no less than what the car is listed for
D.The owner has B.O. and is trying to get rid of the car

Answers

Answer:

B

Explanation:

B, the seller will accept the highest price given to him which may be less than the car is worth

A person whose license has been cancelled or revoked, whether by voluntary action or by disciplinary action of the Board, may after ___ years from the effective date of such cancellation or revocation, petition the Board for reinstatement of the license, unless another time is provided in the cancellation or revocation order, or unless no provision was made in the order for reinstatement. This section does not apply to licensees who let their licenses lapse for non-payment of renewal fees or licensees against whom a cancellation or revocation proceeding is not pending before the Board or in any other jurisdiction.

Answers

Answer:

The appropriate fill-in-the-blank is 05 years. Thus the statement becomes

A person whose license has been cancelled or revoked, whether by voluntary action or by disciplinary action of the Board, may after 05 years from the effective date of such cancellation or revocation, petition the Board for reinstatement of the license, unless another time is provided in the cancellation or revocation order, or unless no provision was made in the order for reinstatement. This section does not apply to licensees who let their licenses lapse for non-payment of renewal fees or licensees against whom a cancellation or revocation proceeding is not pending before the Board or in any other jurisdiction.

Explanation:

According to the KRS 335.360, A person whose license has been revoked is eligible to apply for reinstatement after 05 years.

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

Answers

National Restaurant Association

ତିନୋଟି ମୁଖ୍ୟ ପ୍ରକାରର କ’ଣ?
[tex] \: \: \: [/tex]

Answers

Answer: ମୁଁ ଇଂରାଜୀ କହୁଛି କିନ୍ତୁ ତୁମର ପ୍ରଶ୍ନ କ’ଣ? ମୋର ଓଡିଆ ଖରାପ |

Explanation:

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.

In four to six sentences, explain the savings-borrowing-Investing cycle.​

Answers

Explanation:

The saving-borrowing-investing cycle generally begins with consumer borrowing to fund their purchases and for seed capital and they then use this capital to invest in their future.

Answer:

The savings-borrowing-investing cycle starts with borrowing for most people. People borrow money to initially pay for goods and services. Next, people can start investing money for future needs and wants. Investing will usually get the person more money later on. Finally, the person can save some money and spend the rest of their income.

Which of the following is NOT listed on a balance sheet?

Question 16 options:

Capital


Liabilities


Revenue


Assets

Answers

Answer:

the balance sheet displays the company's total assets, and how these assets are ... found line items under Current Assets, Long-Term Assets, Current Liabilities, ... This account includes the balance of all sales revenue still on credit, net of any ... Capital  

also assets =liabilites

Explanation:

Revenue is not part of the Balance sheet. Thus, Option C. is the correct choice.

What is revenue?

Revenue is the amount of income earned through the sale of goods or services related to the company's core activities.

Revenue, also known as gross sales, is often referred to as the "top line" because it stays at the top of the income statement.

Earnings, or total income, are the total income or profits of a company.

Hence, Revenue is not the part of balance sheet. Option C. is the correct answer.

To learn more about revenue, refer to the link:

https://brainly.com/question/24778422

Match the financial institutions with the services provided by them.

commercial banks
investment banks
credit union
savings and loan associations
pension fund
insurance companies

serve the interests of both investors as well as companies looking for capital

accept deposits, finance home loans and have safe deposit facilities

acts as a link between small money savers and home buyers

cooperatives that lend and borrow money among themselves

collects money in the form of premiums with an assurance to protect the customer from risks

provides post-retirement benefits to employees

Answers

Answer: See explanation

Explanation:

serve the interests of both investors as well as companies looking for capital = investment banks

accept deposits, finance home loans and have safe deposit facilities = commercial banks

acts as a link between small money savers and home buyers = saving and loan association

cooperatives that lend and borrow money among themselves = credit union

collects money in the form of premiums with an assurance to protect the customer from risks = insurance company

provides post-retirement benefits to employees = pension fund.

Answer:

commercial banks accept deposits, finance home loans and have safe deposit facilities,

credit unions are cooperatives that lend and borrow money among themselves,

saving and loan association acts as a link between small money savers and home buyers,

investment banks serve the interests of both investors as well as companies looking for capital,

An insurance company collects money in the form of premiums with an assurance to protect the customer from risks,

and a pension fund provides post-retirement benefits to employees.

WILL GIVE BRAINLIEST!!! Jake has been distribution manager at his company for over ten years. Unfortunately, the company has experienced a decline in profit and they are fighting to stay in business. Jake has to schedule a shipment very quickly over the next couple of weeks. Would an aircraft be a good choice for jake? why or why not? if not, provide a better alternative.

Answers

Answer:

I say yes because the shipment will get their faster, and the faster the shipment gets there the faster he gets the money to save the business.

Every six months, a local hardware store receives a cumulative quantity discount on the tools it buys from Ace Tool Manufacturing. Which of the following is likely true? (Choose every correct answer.) Multiple select question. The more tools the hardware store buys, the more the discount will increase. The store will offer special bargains to its customers two times a year. The store has a sales goal or quota for each six-month sales period. The store cannot offer special prices to its customers except at the end of the discount period.

Answers

Answer: the store is likely to offer special bargains for its customers 2 times a year

2. the discount will increase with each tool that the hardware store sells

3. the store probably has a sales goal or qouta for each 6 month sales period

Explanation:

The following are true concerning the local hardware store receiving a cumulative quantity discount on the tools it buys from Ace Tool Manufacturing;

1) The store is likely to offer special bargains for its customers 2 times a year; this would help to boost their sales and attract more business

2. the discount will increase with each tool that the hardware store sells

3. the store probably has a sales goal or qouta for each 6 month sales period

Select the correct answer for the question.1. The government-wide financial statements use thea. Economic resources measurement focus and the accrual basis of accounting.b. Current financial resources measurement focus and the accrual basis of accounting.c. Economic resources measurement focus and the modified accrual basis of accounting.d. Current financial resources measurement focus and the modified accrual basis of accounting.

Answers

Answer:

a. Economic resources measurement focus and the accrual basis of accounting.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

The government-wide financial statements use the economic resources measurement focus and the accrual basis of accounting. Financial experts or accountant uses either the cash basis or accrual basis of accounting.

Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.

The four factors of production are;

I. Land: this refers to the natural resources and raw materials extracted from the ground or grown in the soil e.g oil, gold, rubber, cocoa, etc.

II. Labor (working): this is the human capital or workers who are saddled with the responsibility of overseeing and managing all the aspects of production.

III. Capital resources: it includes the physical assets used for production of goods and services such as equipment, money, plant, etc.

IV. Entrepreneurship: it is intellectual capacity required to drive a business and the skills to develop an idea into a money making venture (business).

These four (4) factors of production when combined effectively and efficiently are used for the manufacturing or production of goods and services that meets the unending requirements or needs of the consumers.

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

What is a government in regulatory bodies?

Answers

Answer:

A regulatory body also called regulatory agency is a public authority or a government agency which is accountable for exercising autonomous authority over some area of human activity in a regulatory or supervisory capacity.

Explanation:

What factor reflects the ‘cost of money’? The ‘cost of money’ is reflected in the

Answers

Production opportunities, time preferences for consumption, risk, inflation.

Should copyright laws still be around and protected?

Answers

Answer: yes

Explanation: people can make money off stealing other peoples stuff for eg music etc…

please help (;´༎ຶٹ༎ຶ`)

Answers

What do you need help with?

May i have the answer for this im not quite sure

Answers

Answer:

styd7tiho8ts7rt8di8yoy8s8t7rs8s88tdtzt

Price skimming works best for which type of product?
A. Products that haven't been advertised much
B. Inexpensive products with many competitors
C. Products with elastic demand
D. High-end products with unique features
Please select the best answer from the choices provided
Ο Α
ОВ
Next
Mark this and return
Save and Exit
Submit

Answers

C be a I like to say I’m the

Answer:

d. high-end products with unique features

Explanation:

did the test and got it right on edg2021

Which of the following actions can be considered good business etiquette?
A.
switching your cell phone off before you enter a meeting
B.
keeping your cell phone on low volume before you enter a meeting
C.
setting a pleasant ring tone on your cell phone before you enter a meeting
D.
setting a standard ringtone on your cell phone before you enter a meeting

Answers

The answer is A, switching your cell phone off before you enter a meeting.
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