• at less than the price of the competition.
• higher than the price of the competition.
• at the price consumers are willing to pay.
• at the price that will allow retailers to offer a discount.
Answer:
At the price consumers are willing to pay
Explanation:
For an organization that is just launching a new product, value based pricing which is a strategy that sets price for a product based on what customers think the product or service is worth, rather than actual costs and allows for the consumer to buy the products at the price they are willing to pay. This is determined through market testing and a price is set based on this value. For example, sometimes consumers will pay more for a product if it saves them a lot of time. Value based pricing which allows for the consumer (to buy based on their percieved value for the product and how much they are willing to pay) is a fundamental business activity of developing product strategies and pricing them properly to establish the product within the market.
This concept of pricing is key for a relatively new product within the market, because without the correct price, there would be no sale as setting a price for an average product would be negative on the business as consumer would not buy and setting a low price on a luxury product would likewise have an negative effect as in the long run, the organization may run at loss and business would not be profitable.
The aggregate demand shifts right when the Federal Reserve increases the money supply or institutes an investment tax credit. Raising personal income taxes can potentially shift it left.
The aggregate demand shifts to the right when there's an increase in consumption, investment, government spending, or net exports. Among the options provided, the Federal Reserve increasing the money supply (option b) would cause the aggregate demand to shift right. This is because more money in circulation encourages spending. When the Federal Reserve raises personal income taxes (option a), this reduces disposable income, therefore, it potentially discourages consumer spending, which makes aggregate demand shift to the left. An investment tax credit (option c) might shift the aggregate demand to the right as it encourages investment by reducing the cost of capital. Therefore, the correct answer should be only options b and c can shift the aggregate demand to the right.
#SPJ6
Aggregate demand shifts right when the Federal Reserve raises personal income taxes, increases the money supply, or institutes an investment tax credit.
The correct answer is d. All of the above are correct. Aggregate demand (AD) shifts right when the Federal Reserve raises personal income taxes, increases the money supply, or institutes an investment tax credit. These actions can increase consumer and business spending, leading to an increase in aggregate demand.
#SPJ6
capitalization.
b.
loanable funds.
c.
investment.
d.
debt management.
Interests
Lifestyle
Values
Answer:
Values
Explanation:
I took the test.
B. Unions tend to support older members because they pay more in union dues.
C. Businesses are more likely to fire older, higher-paid workers. Seniority rules protect older workers.
D. United States law forces unions to consider seniority in collective bargaining
Businesses are more likely to fire older, higher-paid workers. Seniority rules protect older workers. Thus, option C is the correct option.
Union contracts often include provisions that protect workers who have seniority, primarily because older workers tend to be more vulnerable to certain employment risks. Businesses may be inclined to lay off or terminate older, higher-paid workers to reduce costs or make way for younger, less expensive hires.
Seniority rules provide job security for workers with longer tenure, giving them priority in retention and rehiring decisions. This helps safeguard older workers from potential discrimination based on age or higher wages. By including seniority-based protections in union contracts, unions can ensure fairness, protect the rights of their members, and mitigate potential age-related employment challenges.
Thus, option C is the correct option.
Learn more about Seniority rules here:
#SPJ6
b. meddles
c. metals
d. mettles