The price adjustment strategy that is evident in the supermarket's reasoning is Psychological Pricing.
What is Psychological Pricing?Psychological pricing refers to a strategy that uses pricing to influence a customer’s spending or shopping habits to make more or higher value sales. The goal is to meet a customer’s psychological need for something, whether that’s saving money, investing in the highest quality item, or getting a good deal.
Psychological pricing plays into the fact that consumers rarely know what something should cost. Most often the way we’re able to determine if something is a good deal is by getting it for a lower price than normally listed or by comparing it to similar products in the same category. Psychological pricing also relies on simple changes that trick the brain.
One of the most well-known strategies is called charm pricing, where businesses knock a rounded dollar figure down by one cent.
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Price changes are useful for matching the level of demand to the capacity of a facility.
a. True
b. False
Answer:
True.
Price changes are useul for matching the level of demand to the capacity of a facility
Explanation:
Price changes in the cost of goods are a very determining factor to match the level of demand for the capacity of the production facility. Because after an increase in the price we can create different strategies to bring benefit from it. For example, if the price goes down, the production can be altered tor reduce the cost of production. Also, if the price increases we can increase the capacity of our factory. It all depends on the demand because if the demand is low, well we can't really raise the price. We need t to bring it down, and on the contrary, when the demand goes up we can raise the price.
The senior accountants at spicedam have a disagreement with each other about the calculation of the company's annual budget because of their different industry experiences. however, they are willing to have a rational discussion and arrive at the optimal solution. in this scenario, the conflict among the senior accountants at spicedam best exemplifies _____.
The c – type conflict is the one being best exemplified by the conflict among the senior accountants at Spicedam. C – Type of conflict is characterized as the conflict between people because of their difference in expertise or knowledge in different industries. This is also characterized by the willingness of the people in conflict to settle their differences.
The adversarial system is said to have developed from the trial by ordeal wherein disputes were settled by having the parties fight each other. the winner was presumed to have "truth" on his side. in a sense, swords were used to oppose testimony. today, ______ has taken the place of swords to challenge testimony.
The correct answer is cross-examination. Cross examination is being defined as an interrogation in which being asked to a witness that is being called out by the opponent in which this is being preceded by the direct examination which is followed by a redirect examination.
Sydney’s goal was to save for college tuition. However, she deposited her money in a CD and she couldn’t withdraw it to pay for tuition. Which strategy, principle, or factor should she have considered?
-Consider the opportunity cost.
-Look at your goals and make sure your plan coincides with your goals.
-Understand your risk tolerance.
-Diversify to minimize risk.
A manufacturer or seller is relieved of product liability if the plaintiff has been injured by a(n) _____ of a product.
a. ordinary use
b. normal use
c. foreseeable use
d. abnormal misuse
e. common misuse
______ assumes that individuals are rational and weigh the potential benefits against the potential costs of engaging in a criminal act.
On his way out to meet a friend for lunch, david realized that his financial record was not up to date. he notices that he forgot to record three transactions. the first transaction was on august 2nd in the amount of $12.32, another transaction on that same day in the amount or $52.34, and finally a transaction on august 8th in the amount of $85.35. determine david's balance carried forward for the 8th of august using the table below and the information provided.
Answer:
b
Explanation:
Answer:
b. $899.15
Explanation:
Air bags are usually located in the steering wheel and __________.
Airbags are usually located in the steering wheel and the dashboard or instrument panel of a vehicle. These locations are strategically chosen to provide protection to the driver and front-seat passengers in the event of a collision.
The dashboard, also known as the instrument panel, is a component located in front of the driver and typically houses various controls, indicators, and gauges. It provides important information about the vehicle's performance, such as speed, fuel level, engine temperature, and warning lights.
In the context of airbags, the dashboard is a common location for airbag placement to provide protection to the front-seat passengers during a collision.
The dashboard's position allows for rapid deployment and cushioning to mitigate the impact forces and reduce the risk of injury in a crash scenario.
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Since Rhonda always pays her bills on time, she has a high credit score. This history of responsible payments will...
A. help her if she wants to get a loan for a new car
B. hurt her chances of getting a loan for a large purchase
C. likely cause her future loan interest rates to be higher
D. likely result in a poor rating from the credit bureaus,
Which form of business ownership generates the most sales in the united states?
Kyla is a first-time entrepreneur. She started a small business a few months ago. She encounters small problems on a daily basis. However, Kyla is very quick to take corrective actions. As a responsible entrepreneur, she is highly________?
Answer:
energetic.
Explanation:
On Edmentum, the Entrepreneurship course says:
"Energetic: Entrepreneurs face many problems in the day-to-day operations of a business. However, good entrepreneurs tend to be highly active and energetic in their approach to solve problems and take corrective actions."
I'm so sorry this is late :,)
If a pizza hut raises the price of a slice of pizza from $3.00 to $3.25, the quantity demanded decreases from 1,500 slices per week to 1,300 slices per week. the demand for slices of pizza is ________ and the total revenue received by this pizza hut ________.
a. unit elastic; does not change
b. inelastic; decreases
c. inelastic; increases
d. elastic; increases
e. elastic; decreases
A representative who is performing the role of a trustee is __________.
A representative acting as a trustee uses their own judgment to make decisions, rather than simply reflecting the direct wishes of their constituents. They are trusted due to their expertise to understand and confront issues in the best interests of the people.
Explanation:A representative who is performing the role of a trustee is expected to use their own best judgment to make decisions on behalf of the constituents they represent. Unlike the delegate model, where representatives are expected to exactly mirror the preferences of their constituents, the trustee model of representation assumes that a representative is not only a mouthpiece but also an actor with the autonomy to think and evaluate issues independently. These trustees, due to their experience and expertise, are trusted to understand the prevalent issues better and to make decisions that they believe are in the best interests of the people, even if those decisions are not popular or directly reflecting the popular opinion.
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You ordered items on sale for $78.90. the regular price for the items was $100.50. if the shipping is the same for both orders and the sales tax is 6 1/2%, how much did you save by buying on sale?
Answer:
$23.00
Explanation:
100.50 + 6.5% = $107.03
78.90 + 6.5% = $84.03
107.03 - 84.03 = $23.00 saved
Good luck !
The amount saved through buying on sale is $23.00.
What is Sale?Sales are actions that include selling or the amount of things sold in a specific time period. A sale also includes the provision of a service for a fee.
A sale is completed by the seller, or the supplier of the products or services, in response to an acquisition, appropriation, request, or direct engagement with the customer at the point of sale. There is a transfer of title of the object, as well as a price settlement, in which agreement is achieved on a price for which ownership of the item will be transferred.
The seller, not the purchaser, normally performs the transaction, which may be completed prior to the payment requirement.
According to the given question, purchased goods on sale for $78.90 The goods' usual price was $100.50. If the delivery cost for both orders is the same and the sales tax is 6 1/2%,
The amount saved through buying on sale is computed as follows:-
Total price with sales tax = 100.50 + 6.5% =
$107.03
Amount paid with tax = 78.90 + 6.5%
= $84.03
Saved amount = 107.03 - 84.03
= $23.00
Therefore, it can be concluded that The amount saved through buying on sale is $23.00.
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4. Suppose you have two credit cards. The first has a balance of $410 and a credit limit of $1,000. The second has a balance of $510 and a credit limit of $1,000. What is your overall credit utilization?
36%
26%
16%
46%
56%
Answer is 46%.
Following are the calculations
Both cards have credit limits of $1000
First car has a balance of $410
So 1st card utilization is 410/1000= 0.41*100= 41%
2nd card balance is $510
So 2nd card utilization is 510/1000= 0.51= 51%
So total utilization of cards is (41% + 51%) / 2 = 46%
What do we hope to capture within a confidence interval?
The total amount of ticket sales for an event is called the ______________.
NEED HELP ASAP!!!!!! 8 POINTS!!!!Explain five guidelines to follow when shopping from home.
Answer:
Use desposable cards A.K.A prepaid cards.
Choose credit cards instead of debit card.
Never shop online in public.
Verify if website is safe and secure to use.
Don't safe any personal information.
Explanation:
A typical grace period for many credit card issuers is
Answer:
20 - 25 days
Explanation:
I just had this question
Sam collins wants to get the best deal in cereal he can find. he finds rice puffs for $2.49 for 24 ounces, $2.69 for 36 ounces, $2.29 for 12 ounces, and $4.00 for 48 ounces. what is the unit price of the best buy?
It's 7.47 cents per ounce!
Your gross pay on your paycheck is $400. your deductions are as follows: federal income tax - $50.00 state income tax - $20.00 social security tax - $7.00 medicare tax - $3.50 please calculate your net pay (in dollars). question 2 options:
Answer
The net pay be $319.5 .
Explanation:
As given
Your gross pay on your paycheck is $400.
Deductions are as follows:
Federal income tax - $50.00 , state income tax - $20.00, social security tax - 7.00 , medicare tax - $3.50
Total amount of deduction = Federal income tax + State income tax + Social security tax + Medicare tax
Putting the values in the above
Total amount of deduction = $50 + $20 + $7 + $3.50
= $80.5
Net pay = Gross pay on pay check - Total amount of deduction
= $400 - $80.5
= $ 319.5
Therefore the net pay be $319.5 .
In which account are postage stamps classified?
a. cash.
b. office supplies.
c. receivables.
d. inventory?
The largest organizational unit in the federal bureaucracy is a(n) __________. science forums
The largest organizational unit in the federal bureaucracy is a "department".
The bureaucracy that actualizes, oversees, and manages government programs is in the official branch. Be that as it may, Congress and the courts have organizations of their own. Every individual from Congress, for instance, has a staff that deals with the workplace and helps draft enactment. The cabinet departments, the biggest administrative units in the administrative organization, have obligation regarding expansive zones of government tasks, for example, remote strategy (Department of State) and law authorization (Department of Justice).
Which of the following forms of business organization is likely to suffer most from the principal agent problem between the owners and managers of the business:
A. Partnerships
B. Corporations
C. Proprietorships
D. All are equally likely to suffer from the principal-agent problem
PLEASE HELP! thank you!,
The percentage of the u.s. federal government's debt owned by foreign entities went – from – in 1990 to – in 2013. it is important to remember, however, that foreign supply in the loanable funds market helps keep interest rates –, which benefits domestic –. it is also worth noting that demand for u.s. treasuries is a sign that other economies beside the united states's are –.
Answer:
The answer is: "Up", 14%, 33%, "Down", "Borrowers", "Prospering".
Explanation:
The percentage of the u.s. federal government's debt owned by foreign entities went "Up" from 14% in 1990 to 33% in 2013. it is important to remember, however, that foreign supply in the loanable funds market helps keep interest rates "Down", which benefits domestic "Borrowers". it is also worth noting that demand for u.s. treasuries is a sign that other economies beside the united states's are "Prospering".
The answer is: "Up", 14%, 33%, "Down", "Borrowers", "Prospering".
how are national debt and deficit related?
a. a deficit is the money the government owes the states.
b. a deficit is the sum of national debts.
c. the national debt is an accumulation of deficits.
d. the national debt is the sum of state deficits.,
At the beginning of the day, stock XYZ opened at $4.25. At the end of the day, it closed at $5.25. What is the rate of change of stock XYZ?
A. 23.5%
B. 19.0%
C. -19.0%
D. -23.5%
Answer:
23.5
Explanation:
Just did the test
At the beginning of the day, stock XYZ opened at $4.25. At the end of the day, it closed at $5.25. The rate of change of stock XYZ is 23.5%. The correct option is (A).
What is rate of change in stock?By subtracting the price of a security at time B from the price of the same security at time A and dividing the result by the price at time A, the price rate of change can be calculated.
The indicator is a technical analysis tool that measures unbounded velocity versus a zero-level middle.
The calculation for percentage change is 100 divided by (New Price - Old Price). If the stock price has increased, the percentage change will be positive; if the stock price has decreased, it will be negative.
Therefore, at the beginning of the day, stock XYZ opened at $4.25. At the end of the day, it closed at $5.25. The rate of change of stock XYZ is 23.5%.
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________ is the active buying and selling of the domestic currency against foreign currencies.
How does a traditional economy , a market economy, and a command economy differ?
A person who shoplifts an item of clothing from a department store is apprehended and labeled as a "thief," and the person subsequently accepts that label, then the person shoplifts more items from stores on numerous occasions. this is an example of:
The correct answer is secondary deviance. It is because an individual at this stage of deviance is likely to act in a way of accepting that he or she is a deviant after having to be labeled as one in which could be seen in the scenario above.