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tigry1 [53]
2 years ago
9

Sparkling Valley, a luxury resort, prices cottages facing the lake higher than cottages that do not, even though the cottages an

d services offered are identical in every other aspect. This form of pricing is called ________ pricing.
Business
1 answer:
kicyunya [14]2 years ago
6 0

Answer:

Location grounded pricing

Explanation:

Location grounded pricing is the term which is defined as the prices of the items at the location level or at the company. This method of pricing let the business to define the different price base for the same item or product at different locations of inventory.

In short, it is defined as when the business change the price base of the product or item at one location, it will affect the price base at other locations.

So, in this case, the resort, set the price base for cottages facing the lake higher than those of cottages which do not face lake. Therefore, it kind of pricing is referred to as the location based pricing.

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A robot manufacturing company in Southeast Asia undertakes a government project to produce multi-utility robots. It requires a s
eimsori [14]

Answer: a. Computer-aided manufacturing

Explanation: A computer-aided manufacturing would help the robot manufacturing company in this regard since it can provide the required software to control the machine tools and processes needed in the manufacture of the multi-utility robots.

Computer-aided manufacturing (CAM) is defined as the use of software and computer-controlled machinery to automate a manufacturing process and is composed entirely of software that tells a machine how to make a product through the generation of toolpaths; a machinery that can turn raw material into a finished product and a post processing unit that converts toolpaths into machine languages. Computer-aided manufacturing thus provides high–speed machine tool paths that greatly minimize cycle times, reduce tool and machine wear and general improvement in quality and accuracy of cutting.

7 0
2 years ago
Read 2 more answers
On January 1, 2021, Splash City issues $330,000 of 7% bonds, due in 10 years, with interest payable semiannually on June 30 and
Sholpan [36]

Find the answer in attachment

3 0
2 years ago
When the price of erasers increases from $1.50 to $2.50, the quantity demanded of pencils is unchanged. The cross-price elastici
Simora [160]

Answer:

The cross elasticity of demand is zero

Explanation:

Cross elasticity of demand measures the percentage change in the quantity demand of a product occasioned by a change in the price of another but related commodity.

If the the commodities are complements, the cross of elasticity of demand between them would be  negative. his implies an increase(decrease) in the price of one would lead to a decrease(increase) in the demand of the other.

If the the commodities are substitutes, the cross elasticity  of demand between them would be  positive. This implies an increase(decrease) in the price of one would lead to a increase (decrease) in the quantity demand of the other.

Where the cross elasticity of demand is zero, this implies that the goods are not in any way related. This implies that a change in the price of one would produce no change in the quantity demand of the other.

3 0
2 years ago
Jannusch Corporation makes one product. Budgeted unit sales for July, August, September, and October are 10,000, 11,600, 13,300,
yarga [219]

Answer:

Option A is Correct one.

<u>The budgeted required production for August is 11,600 units.</u>

Explanation:

Beginning inventory=(20%*11600)=2320

Add:production(balance)(11600+2660-2320)=11940 units(B).

Less:ending inventory(20%*13300)=(2660)

Sales=11600 units

8 0
2 years ago
You want to purchase a new condominium that costs $287,500. Your plan is to pay 25 percent down in cash and finance the balance
Mama L [17]

Answer:

The monthly payment is $1,568.07  

Explanation:

The amount required to purchase the condominium is $287,500,however the amount of finance required is :$287,500-($287,500*25%)= $215,625.00  

The monthly mortgage payment required can be computed using the pmt formula in excel"

=pmt(rate,nper,-pv,fv)

rate is the payable on the mortgage on monthly basis which is 3.75%/12=0.003125

nper is the number of years of mortgage multiplied by 12 months since 12 monthly repayments are required in a year i.e 15*12=180

pv is the actual mortgage value is $215,625

fv is the future value of the mortgage and it is unknown

=pmt(0.003125 ,180,-215625,0)

pmt=$1,568.07  

6 0
2 years ago
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