Answer:
Explanation:
Why is it that horizontal analysis is performed only on the income statement and balance sheet, but not on the statement of cash flows? Horizontal analysis converts balance sheet and income statement to change statements whereas the statement of cash flow is already a change statement.
Options:
Separate buyers based on their income.
Separate buyers based on their willingness to pay.
Lower their profit.
Lower the marginal cost of producing an additional unit of output.
Answer:Lower the marginal cost of producing an additional unit of output.
Explanation:Price discrimination is a pricing strategy that gives different prices for the same kind of product. Price discrimination can be classified as first degree(charging of a different price for every unit consumed),second degree(involves charging different prices for different Quantity purchased) and third degree(charging of a different price to different consumer groups).
Through price discrimination, firms are able to make additional variants of the same product in order to Lower the marginal cost of producing an additional unit of output.
Price discrimination and the existence of slightly different variants of the same product go hand in hand because offering product variants allows firms to differentiate their offerings and justify varying prices based on consumer preferences and willingness to pay.
In economics, price discrimination refers to the practice of charging different prices for the same product or service to different groups of consumers. When firms engage in price discrimination, they often introduce slightly different variants or versions of the product in order to justify the price differences. This is because offering different variants allows firms to differentiate the products and create the perception of added value, which justifies the varying prices.
For example, a company may offer a basic version of a product at a lower price point, and a premium version with additional features at a higher price. By doing so, the company can target different segments of consumers based on their willingness to pay, maximizing their profits through price discrimination.
Overall, the existence of slightly different variants of the same product and price discrimination tend to go hand in hand because offering product variants is a strategy that enables firms to differentiate their offerings and capture different segments of the market at different price points.
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Payday loans payment method typically charges the highest interest rates, which charge interest rates of 391% APR or more.
Hence, the answer is D.
Payday loans typically charge interest rates of 391% APR or more. This means that if you borrow $100, you will pay back $391 in interest over the course of the loan.
Credit cards typically charge interest rates of 16% to 25% APR. Prepaid cards and cashier's checks do not charge interest.
Here are the interest rates of different payment methods:
Payday loans - 391% APR or more
Credit cards - 16% to 25% APR
Prepaid cards - 0% APR
Cashier's checks - 0% APR
It is important to be aware of the interest rates associated with different payment methods before you borrow money. Payday loans are a very expensive way to borrow money, and they should only be used as a last resort.
Learn more about interest rates here: brainly.com/question/28272078
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Option (d) is correct. Payday loans typically charges the highest interest rates.
Further Explanation:
Payday loans:
Payday loans are short-term in nature and has a high interest rate. These loans are granted in a very short period of time and the borrower pays when he/she gets his/her next paycheck. These kind of loans charge high interest rate because they are granted very quickly. The loan amount does not exceed the salary of the borrower.
Justification for the correct and incorrect options:
a.
Credit card: This is an incorrect option.
Credit card charges interest but their rate of interest is lower than the payday loans.
b.
Cashier's checks: This is an incorrect option.
Cashier’s check does not charge interest but charges a small amount of fee.
c.
Pre-paid cards: This is an incorrect option.
Pre-paid cards does not charge interest.
d.
Payday loans: This is the correct option.
Payday loans charges high interest for a short-term loan.
Learn more:
1. Learn more about the money owed to the credit card company
2. Learn more about the common credit card fee
3. Learn more about making an on-time minimum payment of credit card
Answer details:
Grade: Senior School
Subject: Business Studies
Chapter: Money and Banking
Keywords: payment, method, typically, charges, highest, interest, rates, credit cards, cashier's checks, pre-paid cards, payday loans.
C.) Consumerism
D.) Consumer right
Answer:
A.) Consumer Education
Explanation:
CRM is an acronym for customer relationship management and it typically involves the process of combining strategies, techniques, practices and technology so as to effectively and efficiently manage their customer data in order to improve and enhance customer satisfaction.
Simply stated, it's a strategic process which typically involves collecting customer information for the purpose of improving a customer's future experience.
Therefore, this employees are saddled with the responsibility of ensuring the customer are satisfied and happy with their service at all times.
In this context, consumer education is a strategic process which typically involves gaining the necessary resources and skills required to manage consumer resources in order to continue to provide satisfactory services to them.
Answer:
Explanation:
Th process of gaining the resources and skill needed in managing consumer resources is known as consumereducation.
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