Answer: A. the 99 principle
Explanation:
This strategy, often called "charm pricing," involves using pricing that ends in "9" and "99."
With charm pricing, the left digit is reduced from a round number by one cent. We come across this technique every time we make purchases but don’t pay attention. For example, your brain processes $3.00 and $2.99 as different values: To your brain $2.99 is $2.00, which is cheaper than $3.00.
How is this technique effective? It all boils down to how a brand converts numerical values. In 2005, Thomas and Morwitz conducted research they called "the left-digit effect in price cognition." They explained that, “Nine-ending prices will be perceived to be smaller than a price one cent higher if the left-most digit changes to a lower level (e.g., $3.00 to $2.99), but not if the left-most digit remains unchanged (e.g., $3.60 to $3.59).”
He has to have negative marginal returns. I hope this helps :)
Answer:
$40,732
Explanation:
The computation of the amount of stockholders' equity is shown below:-
Amount of stockholders' equity = Cash + Accounts Receivable + Supplies Land - Accounts Payable
= $10,970 + $8,795 + $1,803 + $24,968 - $5,804
= $46,536 - $5,804
= $40,732
Therefore we have applied the above formula to reach out the amount of stockholders' equity.
Answer: a.Working to ensure that all variances are favorable.
Explanation:
Variance Analysis is an analysis of the difference between planned and actual numbers. For example of $599 was budgeted for bills but only $500 was paid, $99 would be the Variance.
Summing Variances up gives a picture of performance for a particular period of time in relation to if one has OVER -PERFORMED or UNDER-PERFORMED
The following are steps in Effective Variance Analysis Management
1. Identifying questions and their explanations
2. Preparing standard cost performance reports
3. Taking corrective and strategic actions
4. Computing and analyzing variances.
Option A is not included therefore it is the correct option.
If you require any further clarification do react or comment.
