Price ceilings may be imposed if: A. suppliers can make strong moral or political arguments for higher prices. B. demanders can make strong moral or political arguments for higher prices. C. demanders can make strong moral or political arguments for lower prices. D. suppliers can make strong moral or political arguments for lower prices.

Answers

Answer 1

Answer:

C. Demanders can make strong moral or political arguments for lower prices.

Explanation:

This explained as a legal price limit set by the government on the sellers in a way to be a protection means to the buyers. This will general control some serial hike and outrageous price on some goods and services.

Its effects are of different types; firstly, price ceiling can create huge market efficiencies in a long run and also causes hoarding of products and springing up of black markets and other hook and crook forms of marketing and this is known to cause unrest in the supply side. When these keeps pulling on, it has a negative effect on the economy of the said nation.


Related Questions

How to do a journal entry for this worksheet?

How to do a journal entry for this worksheet?

Answers

The Journal entries for the respective entries are given below.

What are the journal entries?

A. July 1

Petty Cash Fund Dr. $745

Cash Cr. $745

B. Replenishing the Petty Cash Fund on an unspecified date:

Store Supplies Expense Dr. $57

Miscellaneous Selling Expense Dr. $88

Cash Cr. $145

Petty Cash Fund Cr. $145

C. December 31

Store Supplies Expense Dr. $X (amount of missing funds)

Miscellaneous Selling Expense Dr. $Y (amount of missing funds)

Cash Cr. $119

Petty Cash Fund Cr. $X + $Y (sum of missing funds)

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You want employees to know that they can talk to retirement planning

Answers

Answer:

well I don't want any employees haha but yes the retirement of the employees should be grand with a farewell party

Companies often require non-disclosure agreements from their employees because a non-disclosure agreement

allows the employer to release private information about employees if necessary
identifies all the different ways an employee could violate company policies
maintains employee trust, which is needed for productivity and therefore profitability
provides for a documented exchange of information between employees and employers

Answers

Answer:

Allows the employer to release private information about employees if necessary

Explanation:

Companies often require non-disclosure agreements from their employees because a non-disclosure agreement (NDA) is a legally binding contract that establishes a confidential relationship between two or more parties. The purpose of a non-disclosure agreement is twofold: confidentiality and protection. An NDA creates the legal framework to protect ideas and information from being stolen or shared with competitors or third parties. Breaking an NDA agreement triggers a host of legal ramifications, including lawsuits, financial penalties, and even criminal charges. NDAs offer a level of protection to businesses so that even accidental breaches are covered.

Answer:

its a cuh i took the test

Explanation:

In April, a firm had an ending cash balance of $35,000. In May, the firm had total cash receipts of $40,000 and total cash disbursements of $50,000. The minimum cash balance required by the firm is $25,000. At the end of May, the firm had

Answers

Answer:

60,000

Explanation:

Did the government accomplish its goals for the economic interventions and describe any unintended consequences of the government intervention? In the India and US trade


Answers

The United States of America and India have strong ties and trade increased their cooperation on counterterrorism and countering Chinese influence in the Indo-Pacific. India's Embassy in Washington, D.C.

Today, trade and investment, defense and security, education, science and technology, cyber security, high technology, civil nuclear energy, space technology and applications, clean energy, the environment, agriculture, and health are all areas of cooperation between India and the United States. The government is trying to accomplish its goals for economic interventions.

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The US government did accomplish some of its objectives since launching a trade war with China. The biggest beneficiary of this war will be India.

The US-India trade relations are said to increase post the war between US and China. Many companies like Apple and others are likely to move their manufacturing sector to India.

This move will increase the trade between US and India. However, with the increasing tariff wars between China and US, India is also wary of this situation getting out of hand.

Also, India plans to raise the import tax on nuts. It should be noted that India is the biggest buyer of almonds from the US.

Hence, the trade war between US-China has had intended consequences for the trade between US and India.

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A promissory note can best be described as __________., a. an interest-bearing IOU, b. a guarantee of a line of credit, c. a commitment to lend money to someone, d. a government-backed bond

Answers

A promissory note can best be described as: a. an interest-bearing IOU.

What is promissory note?

Promissory note can be defined as a written note that help to shows that a person who lend a money from another person  promise to payback. The note contains  a promise by the borrower to pay back the lender within a stipulated period of time.

A promissory note can tend to be described as IOU which full meaning is I OWE YOU which implies that a borrower is telling the lender that he/she owe the lender some certain amount of money which  the borrower will have to payback.

A promissory note also contains the terms and conditions of the agreement  and this terms and agreement includes the following :

The principal amountThe loan maturity dateThe interest  etc

Therefore we can conclude that the correct option is A.

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Doeren Inc. began constructing a building for its use on January 1, 2022. All costs associated with the construction are being debited to an account called “Construction-in-Progress.” The construction will take approximately 24 months. Weighted-average expenditures for 2022 have already been determined to be $5,000,000.

The company has one specific, as well as two non-specific loan borrowings. Details are as follows:
Specific Loan Borrowing: $4,000,000 loan at 9% taken out 1/1/2022 and due in 2025.

Non-specific Borrowings:

o Note #1: $2,000,000 at 10%. This loan was outstanding for all of 2022 and is due in 2023.
o Note #2: $500,000 at 12%. This loan was outstanding for all of 2022 and is due in 2024.

A) What portion of the interest on all of its loans should be capitalized in 2022?

B) If the company has already accrued and paid the 2022 interest costs on these three loans by debiting “Interest Expense” and crediting “Cash”, what adjusting journal entry should be made on 12/31/22 to capitalize interest in 2022?

Answers

Doren inc. has a loan taken to construct a building which directly increases the liabilities of the enterprise.

A loan is an agreement under which the lender allows another party to use the funds in exchange for interest payments and repayment of the funds at the end of the loan agreement. Credit is a necessary part of the financial system as it provides liquidity for businesses and individuals.

A demand loan is a loan that the lender can cancel. When a loan is repaid according to a fixed schedule over a period of time, it is called an installment loan. A line of credit that can be withdrawn and repaid multiple times is called a line of credit. A secured loan contains collateral that the lender can seize if the borrower fails to repay the loan.

Unsecured loans are not tied to any collateral and therefore carry a higher risk of loss for the lender. Because the risk is high, interest rates can be high.

Thus, it is money or other tangible goods that are given to another party in return for future repayment of the value of the loan and interest and other financing costs.

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Let MAC1 = 100 – 10E and MAC2 = 50 – 10E. Graph each function and compute the aggregate MAC curve. Let MD = 30E, compute the socially efficient equilibrium. For the equations given above, suppose the government sets the pollution level at four units. What are the net social costs of this policy?
Suppose a technological change occurs that reduces the marginal costs of abatement for polluter 1 in the above equation to that of polluter 2. How does this affect the socially efficient level of pollution? Solve numerically and graphically.

Answers

If the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not impact the socially efficient level of pollution. The level is still determined by equating Marginal Damage with the Aggregate MAC.

To graph each function, we can plot MAC1 and MAC2 on a graph with the quantity of emissions (E) on the x-axis and the marginal abatement cost (MAC) on the y-axis.

For MAC1: MAC1 = 100 - 10E

For MAC2: MAC2 = 50 - 10E

To compute the aggregate MAC curve, we add the individual MAC curves together. So, Aggregate MAC = MAC1 + MAC2.

Aggregate MAC = (100 - 10E) + (50 - 10E) = 150 - 20E

Now, let's calculate the socially efficient equilibrium by setting the Marginal Damage (MD) equal to the Aggregate MAC.

MD = Aggregate MAC

30E = 150 - 20E

Simplifying the equation, we get:

50E = 150

E = 3

Therefore, the socially efficient equilibrium occurs when the quantity of emissions (E) is 3.

Now, let's calculate the net social costs of the policy when the government sets the pollution level at four units.

Net social costs = Aggregate MAC - MD

Net social costs = (150 - 20(4)) - (30(4))

Net social costs = 110 - 120

Net social costs = -10

The net social costs of this policy would be -10, indicating a net benefit to society.

If a technological change occurs that reduces the marginal costs of abatement for polluter 1 to that of polluter 2, it means that MAC1 will become equal to MAC2.

Setting MAC1 equal to MAC2:

100 - 10E = 50 - 10E

Simplifying the equation, we find that E can have any value, as both sides are equal.

Graphically, this change would mean that MAC1 and MAC2 become parallel lines on the graph, with the same slope and intercept. The socially efficient level of pollution would still be determined by equating MD with the aggregate MAC.

In conclusion, if the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not affect the socially efficient level of pollution. The socially efficient level is still determined by equating the Marginal Damage with the Aggregate MAC, regardless of the marginal costs of individual polluters.

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The primary goal of market research by entrepreneurs is to:


a) Reduce costs
b) Analyze data
c) Make better decisions
d) None of the above

Answers

The primary goal of the market research by entrepreneurs is to make better decisions.

Market research is referred to as an activity which is undertaken by the entrepreneurs in order to get the required information which is thus about the needs and also the preferences of the consumer who are in their target market.

Market research allows companies in order to understand the demand as well as the viability of their product and in order to see how it might perform in the real world. Thus, market research tends to help the entrepreneur in finding out their rivals in the business.

Hence, option C is correct.

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What are the different elements of working capital and explain actions that Management of a business entity might take to reduce the length of the cycle

Answers

The different elements of working capital are current current asset and current liabilities. The management of a business entity might take ratio analysis to reduce the cycle.

Working capital management assists in sustaining the smooth operation of the net operating cycle, otherwise called the cash conversion cycle.

What is working capital management?

Working capital management is a business strategy formulated to ensure that an organisation functions efficiently by overseeing and utilizing its current assets and liabilities to their most effective use.

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"There is an IT company whose strategy is to distinguish itself by developing high quality innovative technology. As the Director of HRM you are responsible for ensuring that HRM practices are.. 250 words

Answers

As the director of human resource management (HRM) for an IT firm that seeks to stand out via the development of high-quality, cutting-edge technology, it is my duty to make sure that HRM procedures complement the strategic goals of the business.

We can construct an organizational culture that encourages the creation of high-quality, creative technologies by concentrating on human resource management HRM practices. This will make it possible for the business to draw in and keep top personnel, promote creativity and teamwork, and ultimately accomplish its strategic goals.

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Three years ago, Cornelius Matthews purchased 500 shares in the Vanguard Dividend Growth fund - a Morningstar five-star fund that invests in corporations that are currently paying dividends and is a fund that will provide a steady stream of dividend income. His rationale fort choosing this fund was that he wanted a fund that was conservative and highly rated. Each share in the fund cost $22. At the end of the three years, he received income dividends and capital gain distributions that total $3.62 a share for the three-year period. At the end of the three years, the shares in the fund were selling for $27.

How much did Mr. Matthews invest in this fund?

A$11,000
B$13,500
C$5.14
D$3.62

Answers

Mr. Matthews' investment in the Vanguard Dividend Growth fund was (A) $11,000

To determine how much Mr. Matthews invested in the Vanguard Dividend Growth fund, we need to calculate the cost of the initial investment of 500 shares at $22 per share:

500 shares x $22 per share = $11,000

Therefore, Mr. Matthews invested $11,000 in the fund.

We are also told that Mr. Matthews received income dividends and capital gain distributions that total $3.62 per share for the three-year period. To determine the total amount of dividends and distributions received, we can multiply $3.62 per share by 500 shares and by 3 years:

$3.62 per share x 500 shares x 3 years = $5,430

Therefore, Mr. Matthews received $5,430 in income dividends and capital gain distributions over the three-year period.

Finally, we are told that the shares in the fund were selling for $27 at the end of the three years. To determine the value of Mr. Matthews' investment at the end of the three years, we can multiply the current share price by the number of shares he owns:

500 shares x $27 per share = $13,500

Therefore, Mr. Matthews' investment in the Vanguard Dividend Growth fund was $11,000, and the value of his investment at the end of the three years was $13,500.

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Select the correct point on the graph. Which point on the graph indicates the lowest quantity supplied of goods? 9.00 8.00 Price per Pound 7.00 6.00 5.00 4.00 3.00 2.00 supply Curve 1,000 2,000 3,000 4,000 5,000 6,000 7.000 Quantity in Pounds​

Select the correct point on the graph. Which point on the graph indicates the lowest quantity supplied

Answers

Answer:

It would be A

Explanation:

the right location on the graph. Which point on the graph represents the lowest number of items supplied It is 9.00 8.00 Price per Pound. As a result, choice (A) is the right one.

What is meant by  supply Curve?

In economics, supply refers to the quantity of a resource that businesses, producers, workers, suppliers of financial assets, or other economic agents are willing and able to offer to the market or to a specific person. Supply can refer to manufactured items, labor hours, raw resources, or any other limited-supply or high-value item.

Supply is frequently represented graphically as a supply curve, with the price per unit on the vertical axis and the amount delivered as a function of price on the horizontal axis. This undesirable yet common practice involves flipping the independent and dependent variables from their regular positions.

The supply curve might represent a single seller or the market as a whole, totaling the quantity given by every vendor.

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how will you react to the following destroying or removing information that could hurt your company if it fell into the wrong hands.

Answers

I will say it is crucial to prioritize ethical behavior and transparency. Instead of destroying or removing information, we should focus on implementing robust security measures to safeguard sensitive data.

How can we protect sensitive information from unauthorized access?

Protecting sensitive information from unauthorized access is essential for companies to maintain trust with their stakeholders. Instead of resorting to destroying or removing information, it is more beneficial to invest in robust security measures.

By implementing strong encryption, access controls, and regular security audits, we will significantly reduce the risk of sensitive data falling into the wrong hands. Also, fostering a culture of responsible data handling and training employees on best security practices can further enhance the overall protection of company information.

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HELPPPPPPPPP During a busy morning, you decide to buy a 35$ Starbucks coffee (Hey, I do not judge) instead of making one on your own at home. Which of the following represents the opportunity cost of your decision?

a
Going to Starbucks
b
The tax paid on the bill
c
The coffee
d
The benefits of something else that you could have bought

Answers

Answer:

A

Explanation:

because you lost yo chance of making it at home by deciding to go out and buy a $35 cup of coffee

Consider the organization you are currently working in and explain this organization from systems characteristics perspectives particularly consider objective, components (at least three) and interrelationships among these components with specific examples

Answers

Explanation:

I don't have direct knowledge of the organization you are currently working in. However, I can provide a general example to help illustrate the systems characteristics of an organization. Let's consider a fictional manufacturing company called "ABC Manufacturing."

Objective:

The objective of ABC Manufacturing is to efficiently produce and deliver high-quality products to its customers while maximizing profitability. The organization aims to maintain a competitive edge in the market by consistently meeting customer demands and optimizing its operations.

Components:

1. Human Resources: The employees of ABC Manufacturing form a crucial component. They include production workers, managers, engineers, and support staff. Each employee contributes their skills and expertise to ensure smooth operations. For example, production workers assemble products, engineers design new prototypes, and managers oversee the overall functioning of the organization.

2. Production Facilities: The physical infrastructure, including factories, warehouses, and equipment, is another vital component. These facilities house the production lines, machinery, and storage areas necessary for manufacturing products. The efficient functioning of the production facilities is essential to meet production targets and ensure the timely delivery of goods.

3. Supply Chain and Logistics: The supply chain component involves managing the flow of materials, resources, and finished products. This includes sourcing raw materials, coordinating with suppliers, inventory management, and distribution logistics. Effective supply chain management ensures that the right materials are available at the right time, minimizing delays and reducing costs.

Interrelationships among Components:

The components of ABC Manufacturing are interrelated and interconnected, forming a system that works together to achieve the organization's objectives. Here are a few examples of interrelationships among these components:

1. Human Resources and Production Facilities: The production facilities rely on the skills and efforts of the employees. Human resources ensure that the right talent is hired, trained, and deployed in the production process. They also provide support and maintenance services to ensure the smooth functioning of the production facilities.

2. Production Facilities and Supply Chain: The production facilities rely on the timely availability of raw materials from the supply chain. Efficient coordination between production and supply chain teams is necessary to maintain optimal inventory levels and avoid production delays.

3. Supply Chain and Human Resources: The supply chain team collaborates with human resources to forecast demand, plan workforce requirements, and align production schedules accordingly. Effective communication and coordination between these components ensure that the production process meets customer demand and avoids excessive inventory or stockouts.

By viewing ABC Manufacturing through a systems perspective, we recognize that the organization is a complex interplay of various components working together to achieve a common objective. Understanding the interrelationships and dependencies among these components helps in identifying areas for improvement and optimizing the overall performance of the organization.

Answer:Dashen Bank s.c is a company where I am working in it. The company’s objective is to maximize its profit and become from the lists in best class banks in Africa. To achieve this objective it has its own system which contains the following components

• A banking software called FLEXCUBE which is the core software which accomplishes the majority of the banking day to day activities e.g. cash withdrawal, cash deposit, account opening general leger account postings etc.

• CATPS(card application tracking and processing system) is a component of a system which is used to capture ATM card applications  and authorize the processed/ captured applications in order to produce the cards

• Amole admin/internet banking application is used to create an access to the customers such that user name and passwords and and link bank accounts so customers can transfer money, make payments at home.

The above listed components have interrelation each other. E.g. in order to produce cards using CATPS, the customer must have a bank account with precise customer data such that signature, photo etc. so these stated things  i.e. account opening, signature and photo uploading activities are processed by FLEXCUBE software. In the same manner, in order to get an access to the bank account using amole/ internet banking, the customer must have properly opened bank account with customer signature and photo which is also processed by using FLEXCUBE software.

Millwell Manufacturing redesigned its facility layout to group similar equipment and functions together, and to allow flexibility in the sequence in which products are produced using these functions. Millwell's new layout is an example of the fixed-position layout.1. True2. False

Answers

Answer:

False

Explanation:

This is false and is instead an example of process layout. A process layout is flexible in nature with similar equipments and functions grouped together. The sequence in which the functions are performed depends on the design of the product. It is also called functional layout and it is designed in an Organizational way so that everything is kept in it's place.

8) The term "fair market value" refers to
A) what an asset could be sold for today.
B) what you paid when you purchased an asset.
C) what an asset will be worth at some point in the future.
D) how the price of an asset has changed since its original purchase.

Answers

i just want points so just do C If you get it wrong be glad u still living

Can someone please help ASAP!!!
IN UR OWN WORDS PLEASE
Thanks!!


The Federal Reserve uses three tools to set monetary policy through the banks. Identify these three tools and provide an example of how each tool affects individual consumers. (5 points)

Answers

Monetary Policy Implementation: The Fed's Policy Toolkit. Reserve requirements, the discount rate, and open market operations are the three instruments the Fed has historically used to implement monetary policy.

Which tool of monetary policy is most important and why?

To accomplish macroeconomic objectives, a monetary policy employs a variety of tools, including open market operations, requirements for bank reserves, and the discount rate. Open market operations, however, are regarded as the most significant and frequently applied tool of the three.

The most crucial and efficient method of expanding the money supply out of these three is to purchase bonds on the open market. The Fed must convince banks to make fewer loans if it wants to shrink the money supply.

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Where are all of my fans at!! I love all of you!! Have a good rest of your day and happy thanksgiving!!!!!

Answers

Answer:

thanks!

Explanation:

Answer:

You too!! And also a Happy Thanksgiving to you :)

a While troubleshooting a problem, you realize the problem is caused by a complex series of issues that will affect a large number of users even to test your theory as to the cause, and that process won't even solve the problem. What should you do next in the troubleshooting process?​

Answers

The next step to undertake in the troubleshooting process is:

To document the incident

What is Troubleshooting?

This refers to the various ways through which a person assesses a problem and eliminates them.

In the troubleshooting process, we can see that there are various processes which includes: Information gathering, analysis, implementation, etc.

However, as the problem is caused by complex issues, it is best to document the incident so that it can be more carefully analysed.

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One way to meet a savings goal is to schedule automatic _____ of money from a checking to a savings account.

Answers

Answer:

One way to meet a savings goal is to schedule automatic transfer of money from a checking to a savings account.

If M = 6,000, P = 2, and Y = 12,000, what is velocity?

a. 1/4

b. 4

c. 1

d. 2

Answers

Answer:

Velocity of money = 4

Explanation:

Given:

Money supply M = 6,000

Price level P = 2

Real GDP Y = 12,000

Find:

Velocity of money

Computation:

Velocity of money = [Price level x Real GDP] / Money supply

Velocity of money = [P x Y] / M

Velocity of money = [12,000 x 2] / 6,000

Velocity of money = [24,000] / 6,000

Velocity of money = 24 / 6

Velocity of money = 4

If the IRS intends to close a Taxpayer Assistance Center, they must notify the public at least _____ days in advance of the closure date.

Answers

Answer: 90 days

Explanation:

The Internal Revenue Service is typically known as the revenue service of the federal government as it is in charge of tax collection and enforcing tax laws.

If the IRS intends to close a Taxpayer Assistance Center, they must notify the public at least 90 days in advance of the closure date.

On January 1, Sharp Company purchased $50,000 of Sox Company 6% bonds, at a time when the market rate was 5%. The bonds mature on December 31 in five years, and pay interest annually on December 31. Sharp plans to and has the ability to hold the bonds until maturity. Assume that Sharp uses the effective interest method to amortize any premium or discount on investments in bonds. At December 31, the bonds are quoted at 98.

Required:
a. Prepare the entry for the purchase of the debt investment on January 1, 2020.
b. Prepare the entry for the receipt of interest on December 31, 2020.
c. Record the entry to adjust the investment to fair value on December 31, 2020, if applicable

Answers

The journal entries to record the transactions for Sharp Company are as follows:

a) January 1, 2020:

Debit Bonds Receivable $50,000

Debit Bonds Premium $2,165

Credit Cash $52,165

To record the purchase of the debt investment.

b) December 31, 2020:

Debit Cash $3,000

Credit Interest Revenue $2,608

Credit Bonds Premium Amortization $392

To record the receipt of interest.

c) December 31, 2020:

Debit Fair Value Loss $1,000

Credit Bonds Receivable $1,000

To adjust the investment to fair value.

What is a bond's premium?

The bonds premium, in this case, refers to the excess cash that Sharp Company paid for the purchase of the bonds when the effective market rate is 5% with a coupon rate of 6%.

The implication is that Sharp Company paid more for the bonds than the market value.

Data and Calculations:

Purchase of Sox Bonds = $50,000

PV = $52,165

Premium on bonds = $2,165

Interest rate = 6%

Market rate = 5%

Maturity period = 5 years

Interest payment = annually on December 31

Transaction Analysis:

a) January 1, 2020: Bonds Receivable $50,000  Bonds Premium $2,165 Cash $52,165

b) December 31, 2020: Cash $3,000 Interest Revenue $2,608 Bonds Premium Amortization $392

c) December 31, 2020: Fair Value Adjustment $1,000 Bonds Receivable $1,000

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determine your targetarket​

Answers

Answer:

A target market refers to a group of customers to whom a company wants to sell its products and services, and to whom it directs its marketing efforts. Consumers who make up a target market share similar characteristics including geography, buying power, demographics, and incomes.

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determine your targetarket

A company factored $45,000 of its accounts receivable and was charged a 4% factoring fee. The journal entry to record this transaction would include a:

Answers

The question is incomplete as it is missing the options. The complete question is,

A company factored $45,000 of its accounts receivable and was charged a 4% factoring fee. The journal entry to record this transaction would include a:

a. Debit to Cash of $45,000 and a Credit to Account Receivable of $45,000

b. Debit to Cash of $46,800 and a Credit to Account Receivable of $46,800

c. Debit to Cash of $45,000 and a Credit to Notes Payable of $45,000

d. Debit to Cash of $45,000, a Debit to Factoring Fee Expense of $1800, and Credit to Account Receivable of $43,200

e. Debit to Cash of $43,2000, a Debit to Factoring Fee Expense of $1,800, and Credit to Account Receivable of $45,000

Answer:

The correct answer is option e.

Explanation:

Factoring accounts receivables means selling the claims on accounts receivables to a third party in exchange of cash. Such factoring is done to receive payment for these accounts receivables instantly and selling the claims to some other company. The factoring company charges a certain portion of accounts receivable as fee and only provides cash after deducting this percentage. This fee is an expense for a company using factoring service and is debited.

So the general entry to record factoring would be,

Cash                                       43200 Dr

Factoring fee                         1800 Dr

       Accounts receivables                 45000    Cr

Cash = 0.96 * 45000 = 43200

Factoring fee = 45000 * 0.04 = 1800

Occupational hygiene focuses specifically on three types of exposures. Explain any Two of these

Answers

Occupational hygiene focuses specifically on three types of exposures are:

chemical physical biological

What is Occupational hygiene?

Occupational hygiene can be described as the process that is been used in the work placer so that it can focus on the monitoring as well as preservation of the people of the workplace from any hazards.

chemical exposure can be described as one that focus on any hazards that can come from the use of toxic substance in the workplace. physical exposure can be described as the one tat focus on any hazards as a result of any physical injury in the workplace.

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Small Business Management (1)


There are at least eight different pricing strategies for established goods and services. Explain The Below FOUR (4) of those strategies and under what conditions a business owner should use them.


1. Odd pricing

2. Price lining

3. Freemium pricing

4. Leader pricing

Small Business Management (1)There are at least eight different pricing strategies for established goods

Answers

The given four pricing strategies are explained below:

1. Odd Pricing

Odd pricing is a method of pricing products when the price is an odd number. Example: Traditionally, certain shoe companies use strange pricing to determine the cost of their shoes and chappals, such as 399.95 $. The decision to set the price at an odd number makes perfect sense. Instead of 400$, 399.95 $ sounds better. It gives the appearance that the price is lower.

2. Price lining

In this instance, the price is set once, and it stays that way for a considerable amount of time.

3. Freemium pricing

Businesses can use freemium pricing as a pricing strategy to provide clients with both free and paid services. The paid alternatives are typically improved, or premium, versions of the service, whereas the free options are only the basic ones.

4. Leader pricing

A technique for pricing things below their profit margin is called leader pricing. Businesses who use this tactic don't earn from the sales of these discounted goods, but it might offer them a lot of advantages. Businesses may attract customers, promote purchases, raise overall sales, and strengthen customer loyalty by providing fantastic discounts to their customers.

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One of the differences between group underwriting and individual underwriting is that there is little or no medical information required regarding plan participants in groups of ____ or [more/less].

Answers

One of the differences between group underwriting and individual underwriting is that there is little or no medical information required regarding plan participants in groups of 50 or more.

A group of individuals covered by a group health insurance policy are those who share at least one relationship. Employees of the same business, for instance, or blood relatives. It provides protection for multiple people. The policyholder, however, is the only person covered by an individual health insurance policy.A person who assesses the risks associated with insuring individuals or assets and determines pricing is known as an insurance underwriter. Medical underwriting is the procedure used to evaluate the risk involved in offering health insurance coverage. Getting group life insurance is simple. Due to your employer contributing a portion of the premium, it is typically less expensive than an individual life insurance policy. Additionally, it is frequently a guarantee issue.

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