Based on Massages For You offering a lower one-year membership monthly fee, this is called Trading up.
What is the Trading Up selling technique?Trading up refers to when a customer is subtly encouraged to spend more money on a product because a higher quality is offered against a lower quality.
A single massage here is $75 yet a monthly subscription is $65 per month which would be $780 a year.
This is trading up because the lower monthly price will lead to the person spending more on the yearly subscription as opposed to the single massage.
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A reimbursement policy pays what amount of covered long term care expenses?
A "reimbursement policy" pays the covered expenses up to the daily maximum.
Reimbursement policies require the insured to first pay losses out-of-pocket before requesting reimbursement from the insurer for any covered loss.
Policies with reimbursement provisions pay the policyholder's qualified long-term care costs, up to the daily or monthly benefit, but not more. For instance, the insurance provider would only reimburse you for $4,000 in approved long-term care expenses, not the entire $6,000, if you received a monthly benefit of $6,000 but only spent $4,000.
Only actual costs are covered, and the insurance provider must get bills and receipts. Many insurance companies can straight charge the facility or home care service for care costs and will work with them directly.
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If+sales+are+$806,000,+variable+costs+are+62%+of+sales,+and+operating+income+is+$247,000,+what+is+the+contribution+margin+ratio?
The Contribution Margin Ratio Will be 38% .The difference between a company's revenues and variable costs, stated as a percentage, is known as the contribution margin ratio.
The difference between a company's revenues and variable expenses, represented as a percentage, is the contribution margin ratio. The amount of money available to pay fixed expenses is shown by this ratio.Formula for the Contribution Margin Ratio
A company's contribution margin ratio (CM ratio) is determined by dividing revenue by revenue less all variable costs. It stands for the small gain from manufacturing an extra unit.to learn more about contribution margin ratio click the links
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Our daily personal financial transactions has been made easy with the use of A. B. money. cheque. C. pay slips. D. documents.
Answer:
Money
Explanation:
Money is used as mode of exchange
Mark currently has a balance of $973.70 in an account he has held for 17 years. He opened the account with an initial deposit of $700. What is the simple interest on the account? (3 points)
Answer:
Simple interest= $273.7
Explanation:
Simple interest is the interest on earned on the principal amount invested only. Kindly note that under this system, only the principal amount invested would earn interest over the course of the investment period
Simple interest is calculated as follows:
Simple interest = Principal × Rate × Time
or
Simple interest = Future sum - Principal amount invested
DATA
Future sum- $973.70
Principal amount invested-700
Simple interest = 973.70 - 700=273.7
Simple interest= $273.7
A firm learns that the own price elasticity of a product it manufactures is 3.5. What would be the correct action for this firm to take if it wishes to raise its total revenue? A. Raise the price because demand for the product is inelastic. B. Lower the price because demand for the good is elastic. C. We need information on the firm's cost structure in order to answer this question. D. Raise the price because demand is elastic. E. Lower the price because demand is inelastic
Answer:
The correct option is B. Lower the price because demand for the good is elastic.
Explanation:
Own price elasticity of a product can be described as the degree of the responsiveness of the quantity demanded of a product to its own price.
Own price elasticity of a product can be calculated as the percentage change in the quantity demanded of a product over the percentage change in the price of the product.
When the own price elasticity of a product is greater than 1, it implies that the demand for the good is elastic and that the percentage change in the quantity demanded is higher than the percentage change in its price. Therefore, the correct action for a firm to take if it wishes to raise its total revenue is to lower price.
When the own price elasticity of a product is less than 1, it implies that the demand for the good is inelastic and that the percentage change in the quantity demanded is lower than the percentage change in its price. Therefore, the correct action for a firm to take if it wishes to raise its total revenue is to increase price.
When the own price elasticity of a product is equal to 1, it implies that the demand for the good is unitary and that the percentage change in the quantity demanded is equal to the percentage change in its price. Therefore, the correct action for a firm to take if it wishes to raise its total revenue is to leave the price unchanged.
Since the own price elasticity of the product which the firm manufactures of 3.5 is greater than, it implies that based on the explanation above the correct option is B. Lower the price because demand for the good is elastic.
article 9 of the code of ethics about written agreements requires realtors® to
Article 9 of the Code of Ethics about written agreements requires Realtors to make reasonable efforts to reduce their verbal agreements to written agreements.
The National Association of Realtors has a code of ethics that each member must follow. The code of ethics serves as a guideline to ensure that members act professionally and ethically in their dealings with clients. One of the most important provisions in the Code of Ethics is Article 9, which relates to written agreements. Article 9 requires Realtors to make a reasonable effort to reduce their verbal agreements to writing.
This requirement is essential because it helps prevent misunderstandings between Realtors and their clients. By putting their agreements in writing, the parties can avoid confusion over what was agreed upon and have a clear record of their understanding if any disputes arise in the future. Realtors can create written agreements using standard forms approved by their local or state Realtor association or legal counsel. Therefore, Article 9 of the Code of Ethics requires Realtors to make reasonable efforts to reduce their verbal agreements to written agreements.
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Interactionists use the term _____ to refer to the process by which a frequently-performed action becomes cast into a pattern, which can be performed again in the future with economical effort.
The term used by interactionists to refer to the process by which a frequently-performed action becomes cast into a pattern is called "habituation."
Habituation allows individuals to perform actions with ease and efficiency, as they become familiar and ingrained over time. This process involves the repetition and reinforcement of specific behaviors, which ultimately leads to the development of habitual patterns. Habituation plays a crucial role in human behavior and social interaction, as it allows individuals to navigate their everyday lives with less cognitive effort. By forming habits, individuals can conserve mental energy and streamline their actions, making them more efficient in the long run.
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Revenue, Expense, and Drawings are all examples of owner’s equity accounts.
Answer:
True
Explanation:
Equity is the owner's interest in a business. It is made up of the owners' contribution plus any gains or losses realized from the business.
Equity is increased by additional capital or when the business makes a profit. It decreases when the owner makes some drawings or when the business incurs losses.
Equity accounts include drawing because they reduce equity. Revenue account increases profits and capital and expenses accounts that reduce equity.
Which concurrent testing method helps calculate the visibility of an outdoor advertisement?
A. interview test
B. passers-by count test
C. telephonic survey
D. speech test
E. interactive test
Answer:
A
Explanation:
_____ enables employees who lose their jobs or have their hours reduced to a level at which they are no longer eligible to receive medical, dental or optical benefits have the right to pay to continue receiving benefits for themselves and their dependents under the employer's policy.
Answer:
employment and labor law
You see a pair of jeans on sale for 10% off the regular price of $50. You have a credit card with a 13% interest
rate. If you buy the jeans today with the credit card and pay them off after two months, are
you paying more or less than the regular $50 price for them? Please explain your decision
The person will pay more than the regular $50, he will pay $50.85 for the jeans that he brought for the with the credit card.
What is credit card?A credit card is a payment card that is issued to users to inform them of their need to pay a merchant for goods and services based on their outstanding debt.
The rebate of 55 days are given to the credit card holder for the repayment of money that he purchased with the help of credit card.
In the given case, the customer will pay $45 for purchasing the shoes of $50, with the help of credit card. He makes the payment of $45 by the credit card.
He will incur the interest at the rate of 13% on the regular price of $50, because the limit of 55 days is crossed.
\(\$45 \times 13\% = 50.85\)
Therefore, the person will pay more from the regular price of $50.
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the return that investors anticipate earning if they buy the security at the current market price and earn all of the projected cash flows over the life of the investment is the
The return that investors anticipate earning if they buy the security at the current market price is called as expected rate of return
In the economic and financial accounting, The expected return generally can be defined as the profit or loss that an investor anticipates on an investment that has known historical rates of return or also known as RoR. The expected return is calculated by multiplying potential outcomes by the chances of them occurring and then totaling these results.
The formula of the expected return is \(E[R]=\sum \limits_{i=1}^n R_i P_i\), where
E[R] equal to expected returnRi equal to return in scenario iPi equal to probability for the return Rᵢ in scenario in equal to number of scenariosHere you can learn more about The expected return https://brainly.com/question/15583215
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Where does the Profit go when
closing entries?
A. Retained Earnings
B. Revenue
C. The Income Summary
D. Cash
Answer:
The profit goes to the Retained Earnings account when closing entries are made.
Explanation:
If you sold 17 units this week out of 153 units in inventory what percent of your inventory did you sell?
Answer:
11
Explanation:
In a situation wherein 17 out of the total 153 units of a product in the inventory has been sold, it can be concluded to state that about 11.11 percent of inventory has been sold. Therefore, the option B holds true.
What is the significance of sales?Sales can be referred to or considered as the total number of units sold by a firm within a specified and predefined period as a result of regular course of business operations. Higher sales leads to higher revenues and higher consumption of inventory units of production.
The sales for the above situation can be derived using the given information and data in the formula as below,
Sales percentage = Total Sales / Total Inventory x 100
Sales percentage = 17/153 x 100
Sales percentage = 11.11%
Therefore, the significance regarding the sales of inventory in the above situation has been aforementioned.
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The missing options are added below for better reference.
A. 11.01
B. 11.11
C. 1.111
D. None of these
The theory of the 8 centers of origin suggest that most of the economic crops come from regions evenly distributed throughout the world T/F.
False. The theory of the eight centers of origin suggests that most of the economic crops do not come from regions evenly distributed throughout the world. Instead, it proposes that these crops originated in specific regions known as centers of origin.
These centers are geographically concentrated areas where certain crops have been domesticated and cultivated for thousands of years. The theory was proposed by Russian botanist Nikolai Vavilov in the early 20th century and identifies eight primary centers of origin: Near East, Mediterranean, Ethiopia, Central Asia, Indo-Burma, China, Mesoamerica, and South America.
The theory of the eight centers of origin provides a framework for understanding the diversity and distribution of economic crops. Each center of origin is associated with a specific group of crops that have been selectively bred and developed by local farmers over generations. These crops include major staples such as wheat, barley, rice, maize, beans, and potatoes, among others.
The theory recognizes that these crops were not randomly distributed around the world but have distinct geographic origins. Understanding the centers of origin helps scientists and researchers study the genetic diversity of these crops and develop strategies for their conservation and improvement to ensure global food security.
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the face value of accounts receivable plus the balance in the allowance for doubtful accounts is equal to the net realizable value of the receivables.
The type of an organization's accounts receivable balance is determined by the industry in which it operates as well as the credit guidelines that the corporate management has established.
On what is referred to as a "balance sheet," a corporation records its accounts receivable as a current asset. Recognize that net realisable value is a projection of how much money will be received from customers. Recognize the difficulty uncertainty presents in reporting accounts receivable. List the elements that should be taken into account by business representatives when determining the net realisable value of accounts receivable. The amount shown on a balance sheet for accounts receivable is its net realisable value, or the amount of cash the company anticipates will be received, in accordance with U.S. GAAP.
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What protects consumers against harm from products on the market? Franchises Profit Motives Private property rights Government Regulations
Now that you understand what investments are, you will search for three image examples that represent investments. You may choose to select images that represent the key concepts of investments, or examples of different types of
investments. In a short paragraph, explain why each of your selected images is an appropriate representation. Be sure
to follow proper image use and citation guidelines; click here for a quick review on these guidelines. In a second
paragraph, discuss the sources of each of your images and why they are reputable.
There are three main types of investments: Ownership, Lending, or cash. Ownership investments are the most volatile and profitable class of investment. Such as owning stock meaning owning a portion of a company. It may be a minuscule stake, but it's ownership. More broadly speaking, all traded securities, from futures to currency swaps, are ownership investments. Investors purchase them in order to share in the profits, or because they will increase in value, or both. Lending money is a category of investing. The risks generally are lower than for many investments and, consequently, the rewards are relatively modest. A bond issued by a company or a government will pay a set amount of interest over a set period of time. The only real risk is that the company or government will go bankrupt, in which case the bondholder may get little or none of the investment back. A regular savings account is an investment. The investor is essentially lending money to the bank. The bank will pay interest to the account holder and will earn its profit by loaning out the rest of the money to businesses at a higher rate of interest. These are investments are "as good as cash," which means that they can be converted back to cash easily and quickly. Money market funds are more liquid than other investments, meaning you can write checks out of money market accounts just as you would with a checking account. Although, once you start writing checks on it you've erased much of its value as an investment.
the bcg market share/market growth matrix classifies products with a low relative share of a high-growth market as . question marks cash cows dogs stars
The BCG Market Share/Market Growth Matrix classifies products with a low relative share of a high-growth market as "question marks." This means that these products have the potential to become either stars or dogs depending on how they are managed and developed.
The BCG Matrix is a strategic tool used by companies to analyze their product portfolio and make decisions on how to allocate resources. It categorizes products into four quadrants based on their market share and market growth rate.
The "question mark" quadrant represents products that have a low market share in a high-growth market. These products require further analysis to determine their potential. They may require significant investment to increase their market share and become stars or they may need to be discontinued if they are not viable.
In contrast, "cash cows" are products that have a high market share in a low-growth market. These products generate significant profits and cash flow for the company and require little investment. "Dogs" are products that have a low market share in a low-growth market and typically do not generate significant profits. They may need to be discontinued or divested.
Finally, "stars" are products that have a high market share in a high-growth market. These products have significant potential and require investment to maintain their growth.
Overall, the BCG Matrix is a useful tool for companies to evaluate their product portfolio and make informed strategic decisions.
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Is a key management function because the success of the other functions depends on it.
Planning corresponds to a key management function, because from its effective implementation, other organizational functions can be successful.
What is organizational planning?Corresponds to the process of structuring activities to achieve organizational goals and objectives. It is based on a prediction of how a company will use its resources to be well positioned in the market.
Therefore, the strategy planning is a key management function, through it there is the direction of the necessary actions for a company to provide value to the potential public and to be competitive.
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Consumers have to make tradeoffs in deciding what to consume because.
Consumers have to make tradeoffs in deciding what to consume because of the scarcity of resources relative to the unlimited wants and needs that people have.
Consumers have limited income, time, and other resources, so they must prioritize their spending and make choices about what goods and services to consume based on their preferences and available resources.
These tradeoffs are necessary because consumers cannot have everything they want, and every decision to consume one good or service means giving up the opportunity to consume something else. For example, choosing to spend money on a luxury item like a fancy dinner or a new designer outfit means sacrificing the opportunity to save or spend on other goods or services.
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Which Spanish explorer discovered Florida?
Jacques Marquette
Juan Ponce de León
St. Augustine
Hernando de Soto
Answer:
Juan Ponce de León was the spanish explorer who discovered Florida.
Answer:
Juan Ponce De Leon
Explanation:
Spain established colonies on the islands of Cuba, Hispaniola, Puerto Rico, and San Salvador. Juan Ponce de Leon, the Spanish governor of Puerto Rico, sailed from that island to the peninsula now called Florida. He explored this area in search of the "Fountain of Youth." He returned to Puerto Rico without finding the magic water.
Students usually attend a vocational school for _____ years or less.
A.1 B.2 C.3 D.4
Answer:
2
Explanation:
Answer:
four
Explanation:
if u think bout it its four years and makes more sence and mroe realistic
Which option is best described as a complementary good for trucks?
A. Truck blogs
B. Truck fuel
C. Truck factories
D. Truck regulations
A good example of a complementary good is Truck regulations since they are used together.
What is regulation?The control of complicated systems in accordance with a set of laws and trends is known as regulation. According to systems theory, these kinds of laws occur in many facets of biology and society, albeit the phrase can have slightly different connotations depending on the situation.
In its broadest sense, regulation is the imposition of rules by the government, supported by the use of sanctions, with the goal of specifically altering the economic behavior of people and businesses in the private sector. There are numerous regulatory tools or objectives.
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Answer:
B. Truck fuel
Explanation:
I just got it wrong with letter D and it is letter B
Monopolistically competitive firms can differentiate their products Group of answer choices by producing where marginal revenue equals marginal cost. by equating price and average total cost. by producing at minimum efficient scale. through marketing.
Answer:
through marketing.
Explanation:
Monopolistic competition refers to the market condition in which the firm is dealing with many firms that are closely related to each other but they sell differentiated products.
In addition to this, there is free entry and exit in this market. Therefore in the competitive market, the monopolist could differentiate their product by marketing with respect to promote the goods in social websites by giving them a discount, offer etc
Hence, the last option is correct
what is revenue? Please answer its for EverFi
Answer: Income, especially when of a company or organization and of a substantial nature.
Explanation:
Revenue is the total amount of money that a company or government entity earns from its business activities over a specific period of time.
Why is revenue important in financial statements?The "Top Line" of a firm is frequently referred to as revenue, which starts a company's income statement. To determine a company's profit or net income, expenses are subtracted from revenue.
Revenue can come from the sale of goods or services, as well as from other sources such as investments, interest on loans, and rental income. In business, revenue is typically used to calculate a company's profits or losses and is a key indicator of its financial performance. For governments, revenue is used to fund public services and programs, such as education, healthcare, and infrastructure.
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Amanda Roberts works a Monday Through Friday work week at a rate of 8.75$ per hour. She takes a 1 hour lunch break. If she clocks in each day at 8:45 am and leaves at 5:15 pm what is her total pay for the week?
Theta Inc. uses normal costing and applies overhead based on direct material costs. The predetermined overhead rate for the current year is 250% of direct material costs. During the year, $3,500,000 of direct material costs and $4,000,000 of direct labor costs were incurred. Theta's applied overhead is:
a. $9,375,000.
b. $1,600,000.
c. $8,750,000.
d. $1,400,000.
Answer:
a. $9,375,000.
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1. The apartment was so cool, but there is no bus stop within miles and I don't have a car. Rent
Not rent
2. The renting agent says I have to rent for at least one year. But I'm not sure how many months I'll be in town.
Rent
Not rent
3. I'm not sure how many months I'll be in town. The renting agent says I can leave with 30 days notice.
Rent
Not rent
4. It fits my budget, and I can get to school and work easily.
Rent
Not rent
5. The apartment is great! Bigger bath than I have at home. Close to work! Rent is reasonable! On the "down side," I like cranking my tunes, but the walls are thin and this apartment is loaded with retirees. Plus, they don't allow pets, and I'm thinking about getting a pet boa constrictor.
Rent
Not rent
6. I did my homework on the landlord and found out he has a lot of complaints against him from former renters. He never repairs problems in apartments and never gives deposits back without a fight.
The apartment was so cool, but there is no bus stop within miles and I don't have a car. This was the based on the not rent. Thus, option (b) is correct.
The renting agent says I have to rent for at least one year. But I'm not sure how many months I'll be in town. This was the based on the rent. Thus, option (a) is correct.
I'm not sure how many months I'll be in town. The renting agent says I can leave with 30 days notice. This was the based on the rent. Thus, option (a) is correct.
What is rent?The term rent refers to the based on the deal with the landlord and tenant's. The landlord was the received the payment on the behalf of the give the property was the used.
It fits my budget, and I can get to school and work easily. This was the based on the rent.
The apartment is great! A bigger bath than I have at home. This was the based on the rent.
I did my homework on the landlord and found out he has a lot of complaints against him from former renters. This was the based on the not rent.
As a result, the significance of the sentence are rent or not rent are the aforementioned.
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Click on the link below(I will add it below) to access a video on Entrepreneur Mark Zuckerberg. As you watch the video, fill in the notes below that I have added. (to be brainiest you must complete the summary as well) complete a 4-5 sentence summary on the impact Zuckerberg has had on American business.
Entrepreneur Name: Mark Zuckerberg
4 Businesses/Companies (Over the span of their Lifetime):
4 Child-hood Experiences:
Personality Traits
2 Strengths and 2 Weakness
4 Challenging set-backs:
The person that had the most influence on them.
Who:
In 5 sentences answer the following prompt: What is their enduring contribution to American Business?
Answer:
This is what shows
Explanation: