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AlexFokin
2 months ago
8

Leslie loves to shop at T.J. Maxx and feels she is saving a lot of money because the price tags usually have the manufacturer's

suggested retail price (MSRP) listed and crossed off and the T.J. Maxx price below much lower. The MSRP is being used as a _____.
Business
1 answer:
Scilla [3.8K]2 months ago
7 0

Answer: Reference price

Explanation:

The manufacturer suggested retail price (MSRP) serves as the reference price, which indicates the amount a buyer is willing to pay for products and services in the marketplace.

This is also referred to as competitor pricing, and high-volume buyers mainly utilize reference pricing.

Reference pricing facilitates the comparison of product quality and actual pricing for customers, helping to prevent any confusion.

In summary, the correct response is Reference price.

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You are an administrator working for the Maine Department of Environmental Protection, a state administrative agency. You are ta
Nady [3600]

Response:

The explanation given for this question is thorough. Thank you!

Clarification:

The environmental protection agency must implement the pollution control regulation by carefully considering how it will impact all stakeholders once it is enacted.

local residents: To address their concerns, it's crucial to ensure the regulation is enforced promptly. They need to be reassured that the environmental consequences will be mitigated as effectively as possible through this regulation and that it will work as intended.

California environmental organization: Their request is reasonable, and they should receive confirmation that the regulation's impact on their state has been thoroughly evaluated, along with policies aimed at minimizing environmental harm being put into action.

manufacturers' lobbyist: Their request is significant. Implementing the regulation will undoubtedly tighten pollution standards. To keep the lobbyist informed, the administrative agency must meet with them to discuss the new requirements and the current standards affecting manufacturing entities, as well as the alternatives available to them. Clear communication is essential to prevent any future conflicts.

4 0
2 months ago
Claire is the head of product design for her company. She has to create the layout for the next generation of smartphones. She h
Free_Kalibri [3773]

Response:

the choice is D

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Reasoning:

I just completed this on plato

6 0
2 months ago
A fast-food chain wanted to add a new product to its breakfast menu. The company considered a pancake shaped like a muffin. The
marusya05 [3725]

Answer: Concept Development

Explanation:

The lifecycle stages a product undergoes include:

1. Concept Development,

2. Introduction,

3. Growth,

4. Maturity and

5. Decline.

The Product Concept Development phase acts as the initial stage in the Product Life Cycle, where the product concept is formulated, the product is constructed, and subjected to testing.

8 0
1 month ago
Jo is an honest and straightforward person. She believes her employees are all similarly honest and straightforward, ignoring si
Katen [3525]

The full question is:

Jo is a candid and honest individual. She holds the belief that her staff shares the same honesty and straightforwardness, overlooking any indications that they might be deceiving her. Which perceptual shortcut is Jo most likely employing? a. prototypingb. contrast effect c. halo effect d. stereotyping e. projection

Answer:

Projection

Explanation:

Psychological projection is an unconscious tendency where a person ascribes their own qualities to others. This can manifest as either positive or negative projection.

In Jo's situation, her own honesty and straightforwardness lead her to assume the same about those around her. Consequently, she fails to recognize signs of dishonesty that suggest she is being manipulated.

7 0
2 months ago
Read 2 more answers
You buy 50 stocks of Company A, 30 of Company B, and 20 of Company C. The annual returns of these companies are 8%, 12%, and 10%
stepan [3596]

Response:

The yearly average return stands at 9.6 %

Clarification:

Calculating the average return

Assuming the price per share is 100

                                                       Initial    Growth             Final

                                                         Value            %                   Value

Company A  50 % at 100                5,000              8 %                 5,400

Company B 30 % at 100                 3,000              12 %                3,360    

Company C 20 % at 100                  2,000             10 %                2,200

Total amounts                             10,000                                     10,960

To find the average return, take the increase in value over the base, divided by the base

10,960 -  10,000  =  960/ 10000  = 9.6 % average return

3 0
2 months ago
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