The main reason for the delay in adoption is due to the US’s complex regulatory environment.
The International Accounting Standards Board (IASB) is known to be the standard that sets for accounting, and its standards are widely adopted worldwide.
However, the US usually does not follow these standards with an exception of a few companies. The main reason for the delay in adoption is due to the US’s complex regulatory environment.
Financial Accounting Standards Board (FASB) is the standard for accounting used in the US. The FASB develops standards that are tailored to the US’s unique corporate environment, which makes it difficult to transition to international standards.
Additionally, the US’s political environment makes it difficult to enact changes on a national level. The SEC also requires that any standards proposed by the IASB must be reconciled with US GAAP in order to be approved. These challenges have led to a slower adoption rate of IASB standards in the US compared to other countries.
To learn more about United States, click here:
https://brainly.com/question/1527526
#SPJ4
Which group would most benefit from the claim? people who sell coffee with caffeine people who sell decaffeinated tea diners that serve only drinks without caffeine manufacturers of caffeine-free bottled fruit juice.
The claim would be especially useful to caffeine-containing coffee vendors.
What does claims processing entail and why is it necessary?Claims handling is important in many industries, including insurance. It is the process a company does to uphold its promise to customers. Satisfied customers and a positive reputation for the company are the benefits of an accurate and efficient claims procedure, both of which will eventually bring in more business.
Which source on the issue is most likely authoritative?Primary sources are generally regarded as the most reliable types of support for your argument because they give you actual evidence of the subject you are researching.
To know more about caffeine manufacturers visit:-
https://brainly.com/question/27009993
#SPJ4
ramsey explain cash-flow statements. how do they work and what specifically do they show you? give examples of how a cash flow statement will help you adjust your budget for the following month
The goal of a cash flow statement is to give a thorough account of what happened to a company's cash over a given time period, known as the accounting period.
How does cash flow work?The goal of a cash flow statement is to give a thorough account of what happened to a company's cash over a given time period, known as the accounting period.Based on how much money is coming into and going out of the company, it shows how well a company can operate both short-term and long-term.With the use of a monthly cash flow plan, you can better comprehend how money enters and leaves your account over the course of a given month.The net movement of cash into and out of a business at a particular point in time is referred to as cash flow.A business's flow of cash is continuous.As an illustration, money leaves the company when a retailer purchases inventory.To learn more about cash flow statement refer
https://brainly.com/question/24179665
#SPJ4
The balance sheet reports the company's assets, liabilities, and stockholders' equity at a specific point in time. The ______ state describes the revenue and expense items that affected net income over an interval of time.
The stability sheet presents an overview of assets, liabilities, and shareholders' fairness as a photo in time. The income declaration specially focuses on a company's revenues and expenses throughout a specific period.
An earnings announcement indicates a company's revenues, expenses and profitability over a duration of time. It is additionally on occasion referred to as a profit-and-loss (P&L) assertion or an profits statement.
What is income announcement and example?An profits declaration is a monetary statement that indicates you the company's income and expenditures. It also suggests whether a enterprise is making income or loss for a given period. The income statement, along with balance sheet and cash glide statement, helps you apprehend the economic fitness of your business.
Learn more about income statement here:
https://brainly.com/question/15169974#SPJ4zenith homebuilders used to purchase many building lots and erect spec homes (i.e., it gambled that the demand for new houses would be so high that they would sell easily). since the real estate slowdown, it builds homes only when owners are under contract. in this case, the company is most likely pursuing a generic business strategy of .
The company Zenith Home builders is most likely pursuing a generic business strategy are given below:
What are the strategies the company pursuing?Customer Focus: Building homes only when owners are under contract indicates that the company is focused on meeting the specific needs and demands of individual customers.Risk Management: By not purchasing many building lots and erecting spec homes, the company is reducing its risk and avoiding potential financial losses.Adaptability: By shifting its strategy in response to the real estate slowdown, the company is demonstrating its ability to adapt to changes in the market and make decisions that benefit the company and its customers.Some key points to consider when discussing this strategy include:Meeting customer needs: By building homes only when owners are under contract, the company is better able to meet the specific needs and preferences of its customers.Minimizing risk: By avoiding the speculative nature of spec homes, the company is reducing its risk and protecting its financial stability.Responsiveness to market changes: By shifting its strategy in response to the real estate slowdown, the company is demonstrating its ability to be agile and respond to changes in the market.Increased customer satisfaction: By focusing on individual customer needs, the company is likely to see increased customer satisfaction and loyalty.Overall, the strategy of customer focus, risk management, and adaptability is a strong approach for Zenith Home builders and can help the company maintain its financial stability and build customer relationships.To learn more about strategy refer:
brainly.com/question/27747591
#SPJ4
What account features do they recommend inquiring about?
The features of a saving account that recommended is Interest rate and APY, and also Initial deposit. In the other side, the Minimum balance requirements and Account fees also being a saving account's feature that can attract the customer to used it.
In the economic and financial accounting, A Savings Account, generally can be described as a financial account that allows us to deposit our money, safe with the bank. The saving accounts have a benefit such as help us to save our money and we don't have to carry it around with or hide it in that rusted old steel safe at home. The saving account also has a benefit that we can withdraw these funds when we need them.
Here you can learn more about saving account https://brainly.com/question/10777478
#SPJ4
Understanding the basic organization and expectations for good- and neutral-news messages will help you build goodwill and maintain your professional credibility in business relationships. These questions review the basic good- and neutral-news guidelines for messages.
Which of the messages should always follow a deductive outline? Check all that apply.
a.Appreciation messages
b.Routine claim messages
c.Persuasive claim messages
As per me all of the below, i.e Appreciation Messages, Routine Claim, Messages, Persuasive Claim Messages applies.
Writing good- and neutral-news messages can be challenging, especially for those who are still learning the ropes of business communication.
When it comes to good- and neutral-news messages, the deductive outline is the best option to follow. This type of structure starts with a general introduction, and then moves on to specific details and evidence to support the main idea.
Appreciation messages should begin with a friendly introduction and express gratitude for the recipient’s actions. The main body of the message should provide the details of what is being appreciated and the reasons behind it.
Routine claim messages should state the claim and provide supporting evidence in the main body, followed by a conclusion.
Finally, persuasive claim messages should present the persuasive argument, explain how it will benefit the recipient, and include evidence to back up the argument.
To Read more about Neutral News Messages, Visit-https://brainly.com/question/29315295
#SPJ11
the three different types of economic systems are command, free-market and market economies. true or false
It is true that three different types of the economic systems are command, free-market and market economies.
What is an economic system?A society or government can use an economic system to coordinate and distribute resources, services, and goods across a region or nation. Economic systems control the factors of production, including land, capital, labor, and natural resources. A community's economic framework is made up of a diverse range of institutions, organizations, entities, decision-making techniques, and consumption patterns. The traditional economic model is based on labor, which is followed by products and services, all of which follow predetermined patterns. It is very individualized and there is little specialization or division of labor. The traditional economy is the oldest and most fundamental of the four economic systems. In some parts of the world, the traditional economic model is still in use.
To learn more about economic system, visit:
https://brainly.com/question/14630059
#SPJ4
Slapshot company makes ice hockey sticks. During the month of june, the company purchased $132,000 of materials. Also during the month of june, slapshot company incurred direct labor cost of $113,000 and manufacturing overhead of $187,000. Inventory information is as follows:.
The cost of goods manufactured for the month of June is $432,000 and the cost of one hockey stick is $228.42
Total Cost of Goods Manufactured = Materials Purchased + Direct Labor + Manufacturing Overhead
Materials purchased: $132,000
Direct labor cost: $113,000
Manufacturing overhead: $187,000
Total Cost of Goods Manufactured= $132,000 + $113,000 + $187,000
= $432,000
1b. Cost of one hockey stick = Cost of Goods Manufactured / Number of hockey sticks completed
Total Cost of Goods Manufactured: $432,000
Number of sticks completed: 1,900
Cost of one hockey stick = $432,000 / 1,900 hockey sticks
= $228.42
For more questions like Hockey sticks click the link below:
https://brainly.com/question/14670841
#SPJ4
Complete question is attached below.
A woman in texas pleaded guilty to stealing what item worth $1m?
A Texas lady claimed more than $500,000 in a lump-sum payout after stealing a $1 million winning scratch-off lottery ticket from her cousin in New York.
Iris Amador Argueta, 34, of Houston, has admitted to felony grand larceny in connection with the case, according to the Nassau County District Attorney.
The victim had bought a $5 Hold 'Em Poker scratch-off ticket from the New York State Lottery at a Glen Cove 7-Eleven.
He scratched the ticket, which revealed a jackpot reward of $1,000,000 when he did so.
Because he wished to stay unknown, he got in touch with Argueta and requested her to accept the award on his behalf. Argueta consented after being given $50,000 in exchange for accepting the award.
For such more question on stealing
https://brainly.com/question/29903758
#SPJ4
athenian venues inc. just reported the following selected portion of its financial statements for the end of 2020. your assistant has already calculated the 2020 end-of-year net operating working capital (nowc) from the full set of financial statements (not shown here), which is $16 million. the total net operating capital for 2019 was $51 million. what was the 2020 net investment in operating capital?
The 2020 net investment in operating capital is $35 million.
How do you figure up the net investment in operational capital overall?Depreciation costs are subtracted from gross capital expenditures (capex) over time to get the net investment value.
Operating working capital, which is computed as operating current assets minus operating current liabilities, focuses on the operating short-term assets and liabilities needed to execute a business' operations.
The full set of financial statements (not shown here), which is $16 million. the total net operating capital for 2019 was $51 million.
Net working capital – net working capital for the previous period = net working capital.
$51 million - $16 million = $35 million.
The 2020 net investment in operating capital is $35 million.
To learn more about financial statements refer to:
https://brainly.com/question/29865595
#SPJ4
A production possibilities frontier shows:
a. how money can be allocated among two kinds of goods.
b. the limits to future growth of a nation.
c. the various combinations of output a nation can produce at a certain time, given its available resources and technology.
d. that if the price of one good decreases, the price of the other has to increase.
Lovell Co. Purchased preferred stock in another company. The preferred stock's before-tax yield was 8. 4%. The corporate tax rate is 40%. What is the after-tax return on the preferred stock, assuming a 70% dividend exclusion
When a dividend is paid, in an idealized capital market, the stock price drops by the dividend amount.
What happens if dividends in a simple perfect capital market?A company has two options when it wishes to give money to its shareholders: it either repurchase shares or issue a cash dividend.The majority of businesses pay dividends on a quarterly basis. Uncommon, unique payouts are occasionally announced by companies.An open market repurchase, a tender offer, a Dutch auction repurchase, or a targeted repurchase are all methods used by businesses to buy back shares.Companies declare their dividend payments to be made to all shareholders who were in the database on the declaration date, or record date. It normally occurs two trading days before the record date. The ex-dividend date is the first day the stock trades without the right to a forthcoming dividend. The day of payment is when dividend cheques are sent.A corporation gives extra shares to shareholders in a stock split or stock dividend instead of cash.According to the Modigliani-Miller dividend irrelevance proposition, in ideal capital markets, with the firm's investment strategy held constant, the firm's decision on its dividend policy is irrelevant and has no bearing on the initial share price.As imperfect as they are, capital markets actually have an impact on the dividend policies of companies.The Complete Question.
To Learn more About capital market, Refer TO:
https://brainly.com/question/18994614
#SPJ4
Which of the following is a form of traditional direct marketing? A. Mobile marketingB. Kiosk marketingC.BlogsD.Social media marketingE. Websites
A and D is the answer: Mobile marketing and Social media marketing are the forms of traditional direct marketing.
Because it combines direct and digital marketing, choice A is probably the best one.
Because direct response television marketing is stated, Option B is not the correct option.
Option C is not the correct response because kiosks are under direct marketing while online and social media marketing fall under digital marketing.
Because it only lists the general category of marketing tools, Option D is likewise the correct response.
Option E seems like a good choice, however among the forms listed Telemarketing and kiosk marketing are not considered forms of digital marketing, but social media marketing is.
To learn more about direct marketing, visit:
https://brainly.com/question/14083500
#SPJ4
from the perspective of access to capital, the best form of business organization is the
Corporation is the best form of business organization from the perspective of access to capital. It is because the corporation has a benefit that helps facilitate the capital flows between investors and companies.
In the economic and business, A corporation generally can be defined as one of the form of organization and business that usually a group of people or a company that is authorized by the state to act as a single entity and recognized as such in law for certain purposes. There are several types of corporations, such as a Limited Liability Company (LLC), an S-Corporation (S-Corp), a sole proprietorship, and also a C-Corporation (C-Corp).
Here you can learn more about corporation https://brainly.com/question/30029715
#SPJ4
In many organizations, the changing nature of work has _____. blurred the distinction between managers and nonmanagerial employees.
The line between managers and nonmanagerial staff has become some what blurrier in many businesses due to the evolving nature of work.
Who is a manager?The line between managers and nonmanagerial staff has become somewhat blurrier in many businesses due to the evolving nature of work.A manager is someone who oversees and motivates employees as well as directs the growth of an organization.An example of a manager is the person in charge of customer service, who responds to client complaints, manages, and oversees customer support staff.The line between managers and nonmanagerial staff has become some what blurrier in many businesses due to the evolving nature of work.It should be mentioned that the management is crucial to the organization's goals being met.Therefore, the line between managers and nonmanagerial staff has become slightly blurrier in many firms due to the changing nature of work.To learn more about manager refer
https://brainly.com/question/28543907
#SPJ4
Classify the following items as investment by owner (I), Owner’s drawings (D), revenues (R), or expenses (E). Then indicate whether each item increases or decreases owner’s equity. [3]
i) Drawings ii) Advertising expense
iii) Rent revenue iv) Owner puts personal assets into the business.
Although a liability is not paid or formed in Advertising Expenses, it will be deducted from owners' equity in order to demonstrate the decline in overall firm value.
Does the owner's equity get impacted by drawings?The owner's draws will have an effect on the balance sheet of the company because they will reduce both the assets that are withdrawn and the owner's equity. Cash withdrawals made by the owner will have an effect on the financing activities part of the statement of cash flows.
Does the price of advertising have an effect on owner equity?The company has incurred, not received payment in cash, for the advertising costs. Increase in Liability and Decline in Equity as a result.
Does income lead to an increase or decrease in owner equity?If you earn income and make a profit, your owner's equity will rise. If you have losses and expenses, your owner's equity can be reduced. You will have a negative owner's equity if your liabilities exceed your assets.
The owner's equity is increased or decreased by their personal investment in the business.It is expressed as a simple equation: Owner's Equity is equal to Liabilities less Assets. When an owner contributes more money or resources to their business, the value of their equity increases. Owner's equity can also be raised by increasing income, profits, and sales while lowering expenses.
Learn more about owner's equity: https://brainly.com/question/14561473
#SPJ4
an applicant intentionally lying to an insurance company on application in order to obtain it cheaper premium is an example of.
Fraud is when a potential policyholder purposefully lies to an insurance provider on their application to get a lower premium.
Criminal and civil fraud are the two main categories under which the courts classify fraud. When purposeful factual deception occurs, it is called civil fraud. Theft is included in criminal fraud when it is committed. According to the KPMG Profiles of a Fraudster report, those who perpetrate fraud are frequently seasoned employees in high-level positions who collude with people both inside and outside their firm. Most fraudsters work in management or senior executive roles and don't have a history of criminal behaviour. The act of producing a false statement with intent to deceive that results in actual harm or the potential for harm to another. The circumstances of the offence, as well as the numerous aggravating and mitigating factors, have a significant impact on the potential prison terms for frauds.
Learn more about profit here
https://brainly.com/question/1078746
#SPJ4
what are 2 ways to update the chart of accounts to suit the needs of your client?
These are 2 ways to update the chart of accounts to suit the needs of your client. accounts are batch-connected to the Banking centre.
Choose a premade template for a chart of accounts.
A chart of accounts (COA) is a list of financial accounts created for an organisation, typically by an accountant, and made available to the bookkeeper for use in entering transactions in the general ledger. Accounts can be added as needed to the chart of accounts; they are typically not removed, especially if a transaction has already been posted to the account or if the balance is not zero.Assets, liabilities, equity, revenue, and expenses are only a few examples of the categories into which accounts are typically divided.Accounts are categorised by account type and may be identified by an identifier (account number) and a caption or header. The accounts can have a quantity measure definition in computerised accounting systems with computable quantity accounting.
To know more about chart of accounts please refer:
https://brainly.com/question/13397640
#SPJ4
foodbank, inc. offers a 7.0 percent coupon bond with semiannual payments and a yield to maturity of 7.75 percent. the bonds mature in 15 years. what is the market price of a $1,000 face value bond?
The bond is worth what: Calculating this coupon payment is as follows: 7% / 2 x $1,000 = $ 35 The YTM will look like this: = 7.75% / 2 (Divided by 2 because the payments are semi-annual; 3.875%)
N will take the form: = 15 x 2= 30 As a result, the bond's price is calculated as follows: Bonds' price equals the coupon payment times [[(1 - 1 / (1 + r)n)] / r]. Par value = $ 35 x [[(1 - 1 / (1 + 0.03875)30] / 0.03875] + $ 1,000 / 1.0387530\s= $ 35 x 17.55752976 + $ 319.6457219 = $ 614.5135416 + $ 319.6457219 = $ 934.16
If the market price of a $1,000 bond with a 6% coupon is, what is current yield on that bond?The bond's total return compares the bond's market price to the coupon rate. 2 That current yield is therefore equal to 6% unless a $1,000 debt with just a 6% par value sells for $1,000.
What is a 10% bond's semi-annual coupon payment with a $1,000 par value?The majority of assets pay it back semi-annually, which results in full payment each year for bondholders. 1 As a result, over the next ten years, you would collect $50 (5% x $1,000) twice a year on a bond with a $1,000 current prices and a 10% semi-annual coupon.
To know more about bond Visit:
https://brainly.com/question/17405470
#SPJ1
Which of the following questions would be studied in the area of microeconomics?-What determines the number of hours an individual works?-Do interest rates affect net exports?-Will an increase in government spending cause inflation?-What portion of total spending comes from households?-Does hosting the Olympics decrease the unemployment rate?
The following questions would be studied in the area of microeconomics: -What determines the number of hours an individual works?
The basic unit of study in microeconomics would be individual business and households. Microeconomics is the study of economic tendencies, or what is likely to happen when individuals make certain choices or when the factors of production change.Microeconomics is the study of what is likely to happen (tendencies) when individuals make choices in response to changes in incentives, prices, resources, and/or methods of production. Individual actors are often grouped into microeconomic subgroups, such as buyers, sellers, and business owners.
To learn more about microeconomics, visit:
https://brainly.com/question/2790907
#SPJ4
There are approximately 3,000 bass in a lake. The population grows at a rate of 2% per year. Round answers to the nearest tenth.
From Year 1 to Year 4, the average rate of change of the population was about 62.4 bass per year.
The growth model is given by:
P(t) = Po (1 + r)ⁿ
Where:
P(t) = quantity at time t
Po = initial quantity
r = growth rate
n = number of periods
Information available in the problem:
r = 2% = 0.02
Po = 3000
Hence,
P(1) = 3000 x (1 + 0.02)
P(1) = 3060
P(4) = 3000 x (1 + 0.02)⁴
P(4) = 3,247.3
The average rate f change from year 1 to year 4 is:
P(4) - P(1) / (4 - 1) = (3,247.3 - 3060)/3 = 62.4
Your question is incomplete, most likely it was:
There are approximately 3,000 bass in a lake. The population grows at a rate of 2% per year. Round answers to the nearest tenth.
From Year 1 to Year 4, the average rate of change of the population was about _____bass per year.
Learn more about growth model here:
https://brainly.com/question/16407547
#SPJ4
if the rate of inflation is -2% and the nominal rate of interest is 4%, what is the real rate of interest?
The coexisting condition shows the connection between nominal interest rate, real interest rate, and affectation decoration Nominal Interest Rate.
Real Interest Rate Affectation Premium Consequently, when the nominal interest rate is 4, and the affectation decoration is 2, you have Consequently, the real interest rate is 2.
Nominal interest rate alludes to the interest rate previous to considering affectation. The government subsidizes rate, the interest rate set by the Central bank, is the evanescent nominal interest rate that's the reason for other interest rates charged by banks and fiscal establishments. To try not to buy power decomposition through affectation, fiscal backers consider the real interest rate, rather of the nominal interest rate. APY( monthly rate yield) is the successful interest rate which will in general be more applicable to borrowers and banks than the nominal, or expressed, interest rate.
to know more about nominal interest click here:
https://brainly.com/question/30401732
#SPJ4
1. Juan is enrolled in marketing education courses and is 17 years old. Juan has been hired by an electrical contractor. Juan is hoping to use this job as a cooperative work site placement. You are told that Juan’s job is to pull electrical components out of inventory and drive them to the job site.
From the above scenario, it is clear that Juan's Job Description is not in alignment with what he hopes to do as a cooperative work site placement and what he is studying.
What is a Job Description?A job description is a document that outlines the responsibilities, duties, tasks, and requirements of a particular job within an organization.
It acts as a blueprint of the job, providing essential information about the position, such as the title, department, and reporting structure. A job description also details the necessary skills, qualifications, and experience needed for the role, as well as the work schedule and compensation.
The purpose of a job description is to communicate to potential candidates what the job entails and to ensure that the employee hired is a good fit for the position and the company as a whole.
Learn more about the Job Description:
https://brainly.com/question/29802928
#SPJ1
Full Question:
Juan is enrolled in marketing education courses and is 17 years old. Juan has been hired by an electrical contractor. Juan is hoping to use this job as a cooperative work site placement. You are told that Juan’s job is to pull electrical components out of inventory and drive them to the job site.
What is wrong with Juan's job description?
consider the contingent renewal contract for quality. select the three correct statements. select one or more: a. the contract is renewed each period contingent on the quality of the product in the previous period. b. the principal is the buyer of the product while the seller is the agent. c. the principal is the seller of the product while the buyer is the agent. d. the buyer wants the quality per dollar paid to be as high as possible, and providing quality is expensive for the seller. e. the agent chooses whether or not to renew the contract.
Think about the quality contingent renewal contract. The contract is renewed every time based on the quality of the product in the preceding period, according to the three accurate assertions.
What is a contract renewal?Contract renewals are extensions of a contract's duration that take place on or before the expiration date. If a contract contains an auto-renewal clause, it signifies that, barring notice, the term will continue after the last day without notice.
What does a contract renewal or extension entail?Renewing a contract, however, typically entails replacing an old one with a new one in order to maintain the commercial connection. An add-on agreement that extends the terms of the current contract is often referred to as a contract extension.
To know more about renewal contract visit:
brainly.com/question/23975810
#SPJ4
if beginning cash equaled $10,000 and ending cash equals $19,000, which is true in the cash flow statement?
The ending cash equals $19,000 is a true cash flow statement.
In the cash flow statement, an increase in cash is accounted as a true cash inflow, and a decrease in cash is reported as a false cash outflow.
Assuming that the beginning cash balance was $10,000 and the ending cash balance was $19,000, it means that there was an increase in cash during that period.
So this would be accounted as a true cash inflow in the cash flow statement.
Therefore, the ending cash balance was $19,000, which represents a true cash inflow compared to the beginning cash balance of $10,000.
To learn more about cash flow:
https://brainly.com/question/24179665
#SPJ4
as beleza natural considers global expansion, what are some factors it should consider regarding market dynamics and business model?
When Beleza Natural considers global expansion, it should consider various factors related to market dynamics and business model.
These may include the target market's cultural differences, consumer preferences, and buying behavior. Additionally, Beleza Natural should consider the local regulations and competition in the target market, as well as the company's existing business model and how it will adapt to the new market.
Other factors such as distribution channels, marketing strategies, and local partnerships may also impact the success of Beleza Natural's global expansion efforts.
To know more about global expansion click on the link below:
https://brainly.com/question/16827107#
#SPJ11
what are the three reasons a brand is important in product planning? list each reason and explain why it is important.
The three reasons a brand is important in product planning are customer relationship, to gain trust and for differentiation.
What is product planning?
The continual process of locating and expressing market requirements that specify a product's feature set is known as product planning, sometimes known as product discovery. It forms the foundation for choices about price, distribution, and advertising. Product management throughout the product's life cycle using different marketing strategies, such as product extensions or improvements, increased distribution, price changes, and promotions, is frequently achieved by companies and businesses to respond to long-term challenges in the business environment. In order for products to target important client desires, it entails understanding the needs and preferences of core customer groups.
Know more about product- brainly.com/question/28013469
#SPJ4
FILL IN THE BLANK. the prices of complementary goods tend to be _______________. group of answer choices positively correlated related to the prices of substitute goods unrelated inversely related
In addition, if customer demand for these products declines, so does the market price for the complementing products or services. A complementary good in economics is one whose appeal rises along with the appeal of its counterpart.
Technically speaking, it demonstrates a negative cross elasticity of demand, which means that as the price of one good decreases, so does demand. If products A and B are complimentary, demand for any one of the goods rises as the cost of the complementary products decreases and falls as the cost of the complementary item increases. This indicates that their cross-price elasticity of demand is negative.
To learn more about products, click here.
https://brainly.com/question/28813267
#SPJ4
________________________ is one major objective associated with a market-penetration pricing strategy.
One important goal of a market-penetration pricing plan is to maximize market share.
1. Market penetration pricing is a pricing strategy used to gain a foothold in a market by setting a lower price than the competition.
2. This strategy is often used to quickly increase market share and gain loyal customers.
3. The goal of market penetration pricing is to increase sales volume by offering a lower price than the competition, thus making the product more attractive to potential customers.
4. The lower price may attract new customers, allowing the company to increase its market share, and to drive out the competition.
5. Market penetration pricing can also be used to increase customer loyalty by offering discounts and rewards to loyal customers.
To know more about a market-penetration pricing:
https://brainly.com/question/9440410
#SPJ4
which player in the economy supplies labor in the factor market?
Answer: Households
Explanation: I picked this one and got it right