The answer is Balance Sheet
the balance sheet in your own words
On a balance sheet, which is a financial statement, an organization's assets, liabilities, and shareholder equity are listed. The balance sheet is one of the three basic financial statements used to evaluate a business. It provides a quick glimpse of the financial position of a firm as of the publication date.
How Do Financial Statements Work?
Financial statements are documents that describe a company's activities and financial performance. Government organisations, accounting firms, and other entities frequently audit financial statements to assure their accuracy and for reasons related to taxes, financing, or investment.
to know more about Balance Sheet visit:
https://brainly.com/question/19552006
#SPJ4
during the year, easter gas pipeline co issue a 5000 shares of preferred stocks for 25 per share, this transaction is classified as
This transaction falls within the definition of a sort of capital stock that some firms issue in addition to their common stock.
How is preferred stock categorised in accounting?Some businesses issue preferred stock in addition to common stock, which is a type of capital stock. Another name for preferred shares is preference stock. The term "preferred" refers to both the corporation's dividend payments and its eventual liquidation (if that were to occur).
The excess is recorded in a different account, such as Paid-in Capital in Excess of Par - Preferred Stock, if the corporation receives more than the par amount.
Refer to for further information on gas pipeline:
https://brainly.com/question/4417882
#SPJ4
Examples of time deposits are savings accounts, money market deposit accounts, and certificates of deposit.true or false
It is True that Examples of time deposits are savings accounts, money market deposit accounts, and certificates of deposit.
What is a time deposit?A time deposit, such as a certificate of deposit, is an interest-bearing bank account with a maturity date (CD). To get the full interest on a time deposit, the funds must be kept for the specified amount of time. The depositor typically obtains a greater interest rate the longer the duration.
When the deposit is extended for a set amount of time, such 3 months, 6 months, etc., a term deposit is sometimes employed. On the other hand, fixed deposits are employed when the deposit is for a duration of at least six months. Comparing the deposit amount to bank savings accounts, the rate of return is higher.
To learn more about time deposit from given link
https://brainly.com/question/14112583
#SPJ4
which of the following is the process of learning how other firms do things in an exceptionally high-quality manner? a.value-added analysis b.benchmarking c.statistical quality control d.reducing cycle times e.outsourcing
Following is the process of learning how other firms do things in an exceptionally high-quality manner b.) benchmarking.
What is benchmarking?The practice of comparing business processes and performance metrics to industry bests and best practices from other companies is called benchmarking.
Benchmarking implies evaluating something by comparison with a standard. Three different types of benchmarking are: process, performance and strategic. Process benchmarking is about comparing steps in the operation versus the ones that others have mapped out.
The objectives of benchmarking are as follows: to establish system of measures for internal management, and also to use these measures to identify best practices.
To know more about benchmarking, refer
https://brainly.com/question/1104065
#SPJ4
In order to do what you want to do, you need to be around people who are doing it and in ______.
In order to do what you want to do, you need to be around people who are doing it and in places where it's happening.
What is this Proximity Principle about?In psychology, the proximity principle is one of gestalt principles of perceptual organization that states that people treat objects close together as a group. In social psychology, the principle holds that people closer together in a physical environment are more likely to form a relationship than those farther away.
Popularly, the Proximity Principle is one that states "In order to do what you want to do, you need to be around people who are doing it and in places where it's happening".
Read more about Proximity Principle
brainly.com/question/7697248
#SPJ1
fetzer company declared a $0.15 per share cash dividend. the company has 320,000 shares authorized, 304,000 shares issued, and 12,800 shares in treasury stock. the journal entry to record the payment of the dividend is:
Debit Common Dividend Payable - $43,680; credit Cash $43,680.
Since stated payments to shareholders are often made within a year, Dividends Payable are categorised as a current obligation on the balance sheet.
Retained earnings are the cumulative gains that are kept by a firm rather than distributed to shareholders and are used to pay cash dividends.
The correct journal entry would thus be a debit to the retained profits account following the declaration and a credit of the same amount to the dividends payable account.
A corporation's payout of earnings to its shareholders is known as a dividend. A corporation is allowed to distribute a portion of its profit as a dividend to shareholders when it generates a profit or surplus.
To know more about Dividends visit:
https://brainly.com/question/30064526
#SPJ4
what is (at least) one way we could improve financial education in the us to help solve the financial capability issues?
Financial education in the us to help solve Start a budget, Understand your credit score, Schedule some time to learn.
what is Schedule?
To describe the time or manner in which something is planned to be completed. For instance, if something is finished on time, it is finished at the appointed hour.Two minutes earlier than expected, the plane touched down in Johannesburg. Everything proceeded as planned.Making a schedule keeps you on track to reach your objectives and encourages you to consider what you want to do each day, each week, and each month.Serial Timetable: A sort of schedule known as a serial schedule requires that one transaction be finished before beginning another. Non-serial Calendar: Multiple transactions run concurrently or simultaneously on a non-serial schedule.To learn more about Schedule refer to
https://brainly.com/question/25802666
#SPJ4
cheese is an input in the production of pizza if the price of cheeese increases we would expect the supply of
Cheese is an input in the production of pizza if the price of cheese increases we would expect the supply of pizza increases.
What do you mean by supply?
A basic economic notion called supply refers to the total amount of a particular commodity or service that is made available to consumers. If shown as a graph, supply can refer to the quantity offered at a certain price or the quantity offered throughout a range of prices.In economics, supply is referred to as the total quantity of a particular good or service that a supplier makes available to customers at a particular time and price. Usually, market activity determines it. For instance, increased demand can prompt a supplier to boost their supply.To know more about Supply here
https://brainly.com/question/26430220
#SPJ4
the content we consume through a digitally connected device is called . group of answer choices multichannel marketing digital media omnichannel marketing integrated marketing communications
Websites, physical storefronts, catalogs, direct mail, emails, mobile devices, and other indirect and direct communication channels are all examples of multichannel marketing.
Search engine optimization, pay-per-click, social media marketing, content marketing, email marketing, mobile marketing, marketing analytics, and affiliate marketing are the eight key areas that make up digital marketing.
A multi-channel strategy for marketers entails constantly being where the customers are. It entails utilizing a range of media to interact with their audience. As consumer preferences and spending patterns continue to shift online, channels are expanding in number today.
Multi-channel marketing refers to the dissemination of marketing messages over a variety of media channels. Email, social media, print, mobile, display advertisements, television, and other channels may all be used for this.
Learn more about to multichannel marketing. visit here;
https://brainly.com/question/28735649
#SPJ4
during the year, a firm purchased $256,200 of merchandise and paid freight charges of $41,720. if the total purchases returns and allowances were $15,790 and purchase discounts were $8,250 for the year, what is the net delivered cost of purchases?
During the year, a firm purchased $256,200 of merchandise and paid freight charges of $41,720. if the total purchases returns and allowances were $15,790 and purchase discounts were $8,250 for the year, the net delivered cost of purchases is $273,880.
What is meant by freight charges?The terms "freight costs" and "freight charges" are interchangeable. It is the sum of money paid to a transportation company to move products from their point of origin to a specified location.When transferring LTL freight, it's critical to understand the distinctions between the three main types of freight costs you'll encounter: collect, prepaid, and third-party. Whom and when to bill are eventually impacted by the variations between various sorts of freight rates.The principal elements used to calculate the freight rate are the mode of transportation, the weight, size, and distance between the pickup and delivery locations, as well as the actual products being delivered.To learn more about freight charges refer to:
https://brainly.com/question/24920251
#SPJ4
vince, a speculator, expects interest rates to increase and purchases a put option on treasury bond futures with an exercise price of 95-32. the premium paid for the put option is 2-36. just prior to the expiration date, the price of the treasury bond futures contract is valued at 93-22. vince exercises the option and closes out the position by purchasing an identical futures contract. vince's net gain from this speculative strategy is $ .
Basis risk is the possibility that the position that a futures market is intended to hedge will not be impacted in the same way as the instrument that underlies the futures contract.
What exactly are business purchases?The phrase "buy" in accounting refers to acquiring ownership of a particular commodity or service by paying a particular amount of money. Contrarily, it occurs when money is traded for a particular good or service. People or companies that need goods or services often carry out the process.
What are expenditures and purchases?Unit 16. Terms like "costs," "purchases," and "expenses" are frequently used when referring to statements of profit and loss and other financial topics. They frequently refer to the same event, payments being made.
To know more about purchases visit:
https://brainly.com/question/24112214
#SPJ4
barry newman's savings account has a balance of $1732. after 13 years, what will the amount of interest be at 5% compounded annually?
The yearly basis compounded interest rate of 5% seems to be $1533.94. (APPROX).
What exactly was meant by "interest"?
Interest is indeed the money borrowed or the expense of making loans. Investment is most frequently expressed as a annual percentage of something like the loan amount. The above portion is known as such loan amount cost of borrowing.
Briefing:
We use the formula:
A=P(1+r/100)^n
where
A=future value
P=present value
r=rate of interest
n=time period.
Hence
A=$1732(1+5/100)^13
=$3265.94(APPROX)
Hence interest =A-P
=$3265.94 - $1732
=$1533.94(APPROX).
To know more about Interest visit:
https://brainly.com/question/29480777
#SPJ4
consider the following information for a period of years: arithmetic mean long-term government bonds 7.9% long-term corporate bonds 8.0 inflation 3.5 what is the real return on long-term government bonds? note: do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16. what is the real return on long-term corporate bonds?
The real return on long-term corporate bonds is 4.35%.
Long-term government bonds nominal return = 7.9%
Inflation rate = 3.5%
Real return is given by the formula:
Real Return = (1+Nominal return) (1+inflation) −1
substitute the Long-term government bonds nominal return and inflation calculated above:
Real Return = (1+7.9%) (1+3.5%) −1
= 0.042512077 = 4.25% (rounded to 2 decimal places)
Real return: 4.25%
Requirement 2: What is the real return on long-term corporate bonds? (Do not round intermediate calculations. Enter your answer as a percentage rounded to 2 decimal places (e.g., 32.16).)
Long-term corporate bonds return = 8.0%
Substitute the given values:
Real Return = (1+8.0%) (1+3.5%) −1
= 0.043478261 = 4.35% (rounded to 2 decimal places)
Real return: 4.35%
For more information on long-term corporate bonds visit:
https://brainly.com/question/29816803
#SPJ4
g assume that the custodian of a $450 petty cash fund has $53.90 in coins and currency plus $392.00 in receipts at the end of the month. the entry to replenish the petty cash fund will include:
The entry to replenish the petty cash fund will include a credit to cash for $445.9.
Petty cash is used in place of larger sums of money when standard purchasing methods are problematic, such as when purchasing office supplies or paying employees.
A petty cash fund is regularly reconciled, and transactions are also recorded on the financial accounts. In larger organisations, each department might have its own petty cash fund.
The entry to replenish the petty cash fund amount will include the Fund amount that is $450
Used Fund amount :$450 - $392 = $58
cash on hand - remaining ; $58 - $53.90 = $4.1
Used + remaining ; $392 + $53.90 = $445.9
Hence, the entry to replenish the petty cash fund will include a credit to cash for $445.9.
To know more about 'petty cash' related questions
visit- https://brainly.com/question/29801192
#SPJ4
the open-market committee of the federal reserve announced that it plans to sell more government bonds to the public. this action will likely
It is likely that this will result in less money being available.
What is Open market?The phrase "open market" is often used to describe a near to free trade economic environment. The phrase is used to describe interbank trading in securities in a more precise, technical sense. There are little to no constraints on how enterprises can conduct themselves in a market that is open to competition.
A market without regulatory restrictions, such as taxes, license requirements, and government subsidies, is referred to as an open market. Without the influence of an outside market, buyers and sellers can freely exchange goods. Changes in demand and supply impact the pricing of products and services.
To know more about Open market, visit:
https://brainly.com/question/14256204
#SPJ1
if a company invests $1,000,000 to develop and market a new product with a goal of earning $1,200,000 on the product by the end of the year, it will price the product based on
If a company invests $1,000,000 to develop and market a new product with a goal of earning $1,200,000 on the product by the end of the year, it will price the product based on return on investment goals.
Return on investment is a sign of a profitable investment (ROI). By comparing the amount invested to the amount earned, ROI evaluates how effective an investment was. Let's look at how businesses and individual investors use it.
ROI: Describe It.When you put money in a company venture or investment, ROI helps you to calculate the profit or loss your investment has produced.
The return on investment is calculated by dividing the net profit (or loss) from an investment by the investment's cost. You can compare the effectiveness or profitability of several investment strategies thanks to the % format.
To learn more about investments from given link
https://brainly.com/question/24703884
#SPJ1
Complete Question -
If a company invests $1,000,000 to develop and market a new product with a goal of earning $1,200,000 on the product by the end of the year, it will price the product based on
A. profit expectations.
B. market share goals.
C. return on investment goals.
D. survival goals.
E. objectives.
what is the european union (eu)? multiple choice question. an area with high trade barriers a regional free-trade zone a high tariff zone a multilateral trade agreement
A regional free-trade zone is the european union.
What exactly does the EU stand for?United Kingdom. a group whose objective is to unify Europe so that people, products, and services may travel freely between its member nations. obligations to join the European Union. No death penalty, the same monetary system, one legislative body, and a secular government. EuroSix nations signed the agreement creating the European Economic Community (EEC) on January 1st, 1958, laying the groundwork for the European Union.A free trade area is a collection of nations without a unified trade policy toward non-members but with typically eliminated tariffs and non-tariff trade obstacles amongst its members. Examples of free trade regions include the European Free Trade Association (EFTA) and the North American Free Trade Agreement (NAFTA).To learn more about european union refer to:
https://brainly.com/question/20155590
#SPJ4
In the United States, the 401(k) plan or Individual Retirement Account iS a defined
plan.
A defined contribution plan, often known as a cash or deferred arrangement, is a 401(k) plan.
What is a personal 401(k) plan?When you work for yourself or as a partner in a company where the only employees are the partners and their spouses, you can maximize your savings with an individual 401(k), also known as an i401(k).
What is a defined benefit plan in a single 401(k)?A Solo CB can be used in conjunction with a 401(k) Plan or as a standalone retirement plan. There is a compulsory contribution to a Solo CB because it is a defined benefit plan, but the plan also permits sizeable pre-tax retirement plan contributions, especially for business owners over the age of 50.
To know more about contribution plan visit :
https://brainly.com/question/16396530
#SPJ1
Which marketing strategies do companies use to attract customers?
Customer acquisition isn't easy. Therefore, companies need to adopt various marketing strategies such as maximize search engine optimization(SEO), host webinars, engage influencers, offer huge discounts and the like.
A marketing strategy is a series of steps or actions taken by a business to increase sales, grow a brand or to feature the value of the product, known as a value proposition. Some of the marketing strategies to lure customers are:
Offer Discounts: This is one of the best ways to draw attention to your products and services. People love the idea of saving cash. If you offer a discount to both brand new and high-value, loyal customers, you can encourage potential buyers to visit your store and check out your products. Discounts make people happy, which means they’re more likely to say positive things about your brand to friends and family. Collaborate with influencers: Influencer marketing is an excellent way to reach, attract, and engage new customers. By finding authentic and relevant influences and paying them to endorse your products and services, you can capitalize on their already-engaged audience.Create a rewarding referral program: Capitalize on your existing customers’ loyalty by asking them for referrals. Usually, what works best is rewarding both your existing customers and new customers when a successful referral is made. A solid referral program can both help you attract new customers and build strong consumer relationships with your existing customers.Promote yourself: Find industry experts and collaborate with them for cross-promotion. This can help you attract their audience to your social accounts and vice versa.To know more about marketing strategies:
https://brainly.com/question/25640993
to make themselves more marketable, many people obtain multiple credentials or specializations. describe some possibilities for dual credentials and cross-training based on the descriptions of professions given in this chapter. what benefits are provided by dual credentials and cross-training? what professions not described in this chapter would also lend themselves to dual credentials?
Better employment options are provided by dual degrees and cross-training.
Cross-training
Cross-training equips professionals with the resources they need to better serve their clients without having to consult another expert. If the initial job is unappealing, cross-training enables a simple shift to another similar profession.
An occupational therapist can work as a physical therapist thanks to cross-training. An athletic trainer can use their cross-training to assist their clients by acting as a strength and conditioning specialist.To give their patients the best treatment possible, therapeutic exercise specialists who work in inpatient facilities frequently cross-train in skills specific to long-term care.
Cross-training examples that are frequently used include:
cyclists that train runners to increase and maintain their endurance.Rowing is used by swimmers to maintain their fitness level and work similar muscle groups.Football players either run to increase their endurance or lift weights to increase their size and strength.basketball players taking a high intensity spinning class to improve their sprinting strength.volleyball players practicing yoga to aid with training recuperation.To Know more about cross-training, Check out:
https://brainly.com/question/28171855
#SPJ4
credit provisions associated with sales contracts are not regulated by any federal agency. true false
An unreasonable rule is one that is overwhelmingly favorable to one party under common law. It is untrue that any federal agency regulates the clauses in sales contracts.
What exactly does a government agency do?
Federal agencies are specialized government organizations established for a specific purpose, such as resource management, financial sector regulation, or issues relating to national security. These organizations can initially be established by presidential order, but typically legislative action is needed to do so.
What jobs are considered to be federal?
These professionals include legislators, judges, officials, and uniformed service members for the Executive, Legislative, or Judicial departments of government. Along with civilian Postal Service officials, law enforcement, public health specialists, office personnel, and secretaries
To know more about federal agency visit:
https://brainly.com/question/9062206
#SPJ4
william is an organizational buyer for goodlife tires. he purchases rubber for goodlife. there are several suppliers that all offer basically the same grade of rubber. this situation will have what likely effect on william's price sensitivity?
This situation will have William will be a price-sensitive effect on William’s price sensitivity.
Price sensitivity is the degree of responsiveness of consumer demand for a product or service to changes in its price. It is a measure of how sensitive customers are to price changes and how likely they are to change their buying behavior due to changes in price. Price sensitivity is an important measure for marketers to understand when developing pricing strategies and tactics.
When customers are highly sensitive to price changes, marketers must take this into account when setting prices or when introducing new products or services, or when changing prices or product offerings. In addition, price sensitivity can be used to measure how price-sensitive different segments of customers are, allowing marketers to tailor their pricing strategies to different customer segments.
For example, some customer segments may be more sensitive to price changes than others, and marketers may need to adjust pricing strategies based on the price sensitivity of different customer segments. In conclusion, price sensitivity is an important tool for marketers to understand and consider when developing pricing strategies and tactics.
To learn more about Price sensitivity visit here:
brainly.com/question/18958195
#SPJ4
ridge crest company has beginning retained earnings of $38,000, ending retained earnings of $41,000, and net income of $23,000. what was the amount of dividends declared during the year?
Dividends totaling $20,000 have been declared during the year. The assets and liabilities of the business are shown on the balance sheet.
Do you know how much the announced dividends are?At the bottom of a company's income statement are the numbers for net income, EPS, and diluted EPS. Look at the company's dividend announcement or its balance sheet, which lists outstanding shares and retained earnings, to determine the amount of dividends paid.
Briefing :-Company has beginning retained earnings = $38,000
Net income in year = $23,000
subtotal = $61,000
Dividend declared in year = subtotal - retained earning at end of year
Dividend declared = $61,000 - $41,000
Dividend declared = $20,000
To know more about liability visit :-
https://brainly.com/question/18484315
#SPJ4
true or false: a 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less. true or false: a 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less. false true i don't know.
It is true that a 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less.
What is the difference between a 15-year and 30-year mortgage?Although 15-year mortgages can be a reasonable option for some buyers, most homebuyers usually opt for 30-year fixed-rate loans.Our monthly payments can be more manageable if you take out a 30-year mortgage.Although a 15-year mortgage has larger monthly payments overall, the overall cost of the loan is lower.A 30-year mortgage often has a higher interest rate because banks are less risky with 15-year loans than 30-year loans, and because banks can afford to provide shorter-term loans more affordably than longer-term loans.The shorter loan is preferable if an investor can afford the larger payment, particularly if they are nearing retirement and will be reliant on a fixed income.To learn more about fixed income, refer:
https://brainly.com/question/29413527
#SPJ4
What outcomes are possible with speculative risk?
(1) nothing will happen, (2) there will be a loss, or (3) there will be a gain or profit, these are possible outcomes with speculative risk.
Along with the possibility of gain or profit, the other unique element of speculative risk is choice.
For example, no sane person would choose to experience a house fire, a car accident, or a serious illness (all of which are insurable risks) —
but every person who invests in a company or places a bet on a sporting event has made a conscious choice to expose themselves to speculative risk.
Speculative risk is not insurable primarily due to the potential for moral hazard.
To know more about speculative risk
https://brainly.com/question/14632010
Financial Risks Unit Test (Connexus)
4/17/2023
1. What outcomes are possible with speculative risk?
Answer: all of the above
2. Which of the following choices incur speculative risk?
Answer: -stocks, -options,
3. What is risk reduction?
Answer: A strategy that reduces risk by minimizing the chance that the loss occurs or reduces the value lost.
4. What is risk transference?
Answer: A strategy where the risk of loss is shared with another person, entity or group.
5. Which of these options is a new type of insurance?
Answer: identity theft
6. Which of these choices are add-on options for insurance policies? Select the two correct answers.
Answer: -jewelry rider, -collision insurance
7. How much of the U.S. population is covered by some form of health insurance?
Answer: 92%
8. What is the largest health program in the United States?
Answer: Medicare
9. How are SSDI and SSI different?
Answer: SSDI is an insurance program paid out of the Social Security Trust fund and SSI is a needs-based program.
10. What is SSI?
Answer: a need-based program run by the SSA and only considers the financial need of the individual who is elderly or disabled
11. What does long-term care insurance provide?
Answer: It helps cover costs for the day-to-day care of people with chronic illnesses or medical conditions.
12. What does LTC usually cover?
Answer: day-to-day care
13. How might insurance be affected if the applicant has a dangerous job?
Answer: All of the options are possible.
14. What might happen if someone is dishonest on their insurance application?
Answer: The policyholder may be prosecuted for insurance fraud, which is a crime.
15. What is no-fault insurance?
Answer: Unlimited PIP mandated by the states to reduce the number of small and frivolous lawsuits.
16. Why does geographic location affect the cost of premiums?
Answer: Because insurance companies review the statistical history of claims for an area and if there is an increased risk of claims for accidents or theft, they will raise the premium.
17. Why is it important to review credit card charges every month to protect oneself against identity theft?
Answer: to identify any unauthorized charges so that they can be investigated as a potential red flag for identity theft
18. Which population is most often the victim of synthetic identity theft?
Answer: children
19. Why is it important to review credit card charges every month to protect against identity theft?
Answer: to identify unauthorized charges so that they can be investigated for identity theft
20. What is child identity theft?
Answer: someone uses the identity of someone who has minimal activity for their social security number to create a credit history
21. Can the Consumer Financial Protection Bureau or Better Business Bureau accredit companies? Does that agency require a fee for accreditation?
Answer: Only the BBB accredits companies, and it requires a fee for accreditation.
All of these answers are correct, hope this helps someone :)
Rick mendez bought stock for $5,000, using $2,500 of his own money and $2,500 borrowed from the broker. One month later, the stock is sold for $5,650. Interest owed to the broker is $30; brokerage commissions to buy and sell the stock totaled $300.
The rate of return earned by Rick Mendez from the stock investment is 12.8%.
What is the rate of return?The rate of return is the gain (or loss) earned from an investment expressed as a ratio of the initial investment cost.
For instance, the rate of return is the difference between the total costs of an investment and its sales proceeds, multiplied by 100.
The investment cost of stock = $5,000
Proceeds from the sale of the stock = $5,650
Broker's finance = $2,500
Interest on borrowed funds = $30
Brokerage commissions = $300
Total brokerage finance costs = $2,830
Net proceeds after brokerage costs = $2,820 ($5,650 - $2,830)
Investment using own funds = $2,500
Gain from investments = $320 ($2,820 - $2,500)
Rate of return = 12.8% ($320/$2,500 x 100)
Thus, we can state that Rick Mendez's investment in the stock yielded a return of 12.8%.
Learn more about the rate of return at https://brainly.com/question/3578105
#SPJ1
Question Completion:What is the rate of return earned by Rick Mendez?
cement in belgium is sold at a uniform delivered price throughout the country. that is, the same price is set for each customer, including transportation costs, regardless of where the customer is located. the same practice is also found in the sale of plasterboard in the united kingdom. are these cases of price discrimination? explain
The above stated cases are examples of geographical price discrimination.
What is price discrimination?
Price discrimination is a pricing strategy in which a company charges different prices for the same product or service based on the customer's characteristics or the situation in which the product or service is sold. This can include charging different prices based on the customer's income, age, location, gender, or other factors. This strategy is used to increase revenue by charging customers different prices based on their willingness to pay, or by targeting segments of the market that can afford to pay higher prices. Price discrimination can also allow businesses to reach customers in different markets with different pricing strategies.
Cement in Belgium, as well as plasterboard in the United Kingdom, are sold at uniform prices throughout the country irrespective of the transport costs which vary from place to place. As the consumers that are close to the place of production or that are away are charged the same prices, even when as locations change price of transport changes. As they are not charged as per their geographical location, this is an example of price discrimination.
Therefore, these are the cases of geographical price discrimination.
To learn more about price discrimination from the given link
https://brainly.in/question/6775681
#SPJ4
According to the environment-industry-organization fit model. Cell 3 represents which of these environments? O Simple-stable environment O Complex-stable environment O Simple unstable environment O Complex-unstable environment O None of these.
According to the surroundings-industry-enterprise match model. Cell three represents: simple-risky surroundings.
The required details for Person–environment fit in given paragraph
Person–surroundings match (P–E match) is the diploma to which man or woman and environmental traits suit. Person traits may also encompass an man or woman's organic or mental needs, values, goals, abilities, or personality, at the same time as environmental traits ought to encompass intrinsic and extrinsic rewards, needs of a task or role, cultural values, or traits of different people and collectives withinside the man or woman's social surroundings. Due to its crucial implications withinside the workplace, man or woman–surroundings match has maintained a distinguished role in Industrial and organizational psychology and associated fields. Person–surroundings match may be understood as a particular sort of man or woman–scenario interplay that includes the suit among corresponding man or woman and surroundings dimensions.
Even even though man or woman–scenario interactions as they relate to match were mentioned within side the clinical literature for decades, the sector has but to attain consensus on a way to conceptualize and operationalize man or woman–surroundings match.
To know about Person–environment fit click here
https://brainly.com/question/28524126
#SPJ4
giving an agent the power of attorney for bank transactions confers what type of authority regarding bank transactions?
Express Authority grants a form of authority over bank transactions by granting an agent a power of attorney.
What powers does a power of attorney offer you?
A general power of attorney gives an agent extensive authority. The agent essentially has the same power you do to make choices, manage your finances, and manage your possessions. Agents are not permitted to give themselves gifts of the principal's money or property, for example.
The best type of power of attorney is what kind?
With a universal power of attorney, the agent has extensive decision-making power. If you choose this option, the person will have the most discretion to manage your assets and manage your care.
To know more about power of attorney visit:
https://brainly.com/question/14394260
#SPJ4
which of the following firms has the least incentive to advertise? a. a wholesaler of crude oil b. a restaurant c. a manufacturer of home heating and air conditioning d. a manufacturer of breakfast cereal
The following firms has the least incentive to advertise is a wholesaler of crude oil.
The process of drawing attention to a good or service via the use of advertising strategies. A product or service is highlighted in advertising in the hopes that customers would get interested in it. However, there are a variety of purposes, with commercial advertising being the most popular. It is often used to promote a certain commodity or service.
Commercial advertising sometimes aims to boost the consumption of their goods or services by "branding," which links a product name or image with specific traits in the minds of consumers. Direct-response advertising, in contrast, refers to advertisements that aim to prompt a quick sale.
Hence the correct option is A
To know more about Advertise here
https://brainly.com/question/3463451
#SPJ4
economists involved in discussions of healthcare, climate change, immigration and other topics have no consensus in how to address them because:_____.
Policies to deal with these problems have consequences for society and have an impact on how efficiently markets operate.
Is a job in economics rewarding?Yes, a career as an economist is rewarding. Regardless of the particular field they may work in, someone with a degree in economics will discover that they are marketable in numerous domains. Graduates with economics expertise are in high demand in the worldwide work market.
Do economists get substantial salaries?Yes, most economists do make a great deal of money. Although there are several jobs with varied pay scales, most economists earn at least $100,000 annually. Economic analysis is used to address a variety of challenges by economists who research the production and dissemination economic resources, products, and services.
To know more about economists visit:
https://brainly.com/question/14299791
#SPJ4
