A dealer persuades a customer to buy a new car by reducing the price to well below that of his competitors. Once the customer has agreed to buy the car, the terms of the sale are shifted by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. Now the car costs well above the current market rate. This is an example of the __________ procedure. Group of answer choices foot-in-the-door lowball bait-and-switch primacy

Answers

Answer 1

Answer:

low ball

Explanation:

From the question, we are informed about A dealer who persuades a customer to buy a new car by reducing the price to well below that of his competitors. Once the customer has agreed to buy the car, the terms of the sale are shifted by lowering the value of the trade-in and requiring the purchase of expensive extra equipment. Now the car costs well above the current market rate. In this case, This is an example of the low ball procedure. The low-balling procedure can be regarded as lpersuasion tactic whereby the seller offer will give an initial offer of goods/ service at a lower price than the expected price, so that the buyer can commit, after the commitment from buyer, the price will be suddenly increased. This technique is famous among salesmen as well as advertisers.


Related Questions

What information does a person need to know before renting an apartment?
O The salaries earned by the building employees.
O If electricity is included in the rent of the apartment.
O The property taxes on the building that are paid by the owner.
o If the apartment building has a mortgage.

Answers

Answer:2

Explanation:

2

You rented space for a kiosk at the mall last year for the holiday season for $750. This year they increased it to $825. What is the percent increase?

Answers

Answer:

10%

Explanation:

Cost of kiosk last year = $750

Cost of kiosk this year = $825

Percentage increase = $825-$750 / $750 * 100

Percentage increase = $75 / $750 * 100

Percentage increase = 10%

So the percentage increase in the cost of rent is 10%.

What best determines whether a borrower’s interest rate on an adjustable rate loan goes up or down? a fixed interest rate a bank's finances a market's condition a person's finances

Answers

The factor that determines whether a borrower’s interest rate on an adjustable rate loan goes up or down is a market's condition.

An adjustable-rate mortgage can be regarded as mortgage loan in which the interest rate can undergo adjustment, and this is can be done with respect to cost of the lender of borrowing on the credit market.

However, this loan can be given out base on the lender's standard variable rate/base rate.

We can conclude that market's condition do determine whether a borrower’s interest rate on an adjustable rate loan goes up.

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Answer:

the answer is c

Explanation:

just took the test

Roster Co. adjusts its Allowance for Doubtful Accounts at year end. The general ledger balances for the Accounts Receivable and the related allowance account before adjustment were $1,500,000 and $45,000, respectively. Roaster estimates its necessary balance in its Allowance for Doubtful Accounts as 4% of the Accounts Receivable balance. What amount should Roaster record as an adjustment to its Allowance for Doubtful Accounts at year end

Answers

Answer:

"$15,000" is the appropriate answer.

Explanation:

Debts opening balance,

= $45,000

According to the question,

The allowance to be created for the doubtful accounts will be:

= [tex]1500000\times 4 \ percent[/tex]

= [tex]1500000\times 0.04[/tex]

= [tex]60,000[/tex] ($)

hence,

The balance amount to be created will be:

= [tex]60000-45000[/tex]

= [tex]15,000[/tex] ($)

Which of the following is NOT an example of using the right words?
A. Avoid slang.
B. Choose words the average person will understand.
C. Use lots of technical terms.
D. Stay away from jargon.

Answers

Answer:

i think d it might not be right

Explanation:

Answer:

C: use lots of technical terms

Explanation:

A is correct; slang isn't used for formal papers. B is also correct; when you're writing to someone, you don't want to use complicated words that they may not understand. D is also correct; jargon is complicated vocab used in a field, and many people don't understand it. C is incorrect, however; technical terms people may not understand.

Is the sales manager a subordinate? explain why?

Answers

Depending on your use of marketing and sales as complementary or subordinate functions, you can create a management structure that ensures no important duties fall through the cracks.

Sarah has $200,000 in her checking account. Sarah's bank puts $100,000 of it into reserves, and lends the remaining $100,000 to John. John uses the funds to buy a house from Peter, who takes the $100,000 he earned in the sale and puts it in his savings account. John's bank puts $98,000 of these funds into reserves, and uses the remaining $2,000 to make a new loan to Olga. Olga takes this loan in cash since she is about to go on a road trip. Based on the information provided, what is the money supply (M2) in this economy

Answers

Answer:

The money supply (M2) in this economy is:

= $302,000.

Explanation:

a) M2 includes cash, checking deposits, and convertible near money (or savings and time deposits, certificates of deposit, and money market funds).  M2 is always higher than M1, which is made up of cash and checking deposits only.

b) Data and Calculations:

M2 in this economy equals to:

Sarah's deposit of $200,000

Peter's deposit of $100,000

Olga's cash of $2,000

Total M2 = $302,000

Angelique has to make a presentation to the board of trustees and include precise statistics to convey her points. She is particularly concerned with the accuracy of her supporting materials. What style of delivery would be most appropriate for her context

Answers

The style of delivery that would be most appropriate for her context is to read a manuscript.

What is a manuscript?

It should be noted that a manuscript simply means a document that's written by hand rather than typed.

In this case, the style of delivery that would be most appropriate for her context is to read a manuscript.

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The common stock of ABC, Inc., has a beta of 1.13 and a standard deviation of 21.4 percent. The market rate of return is 12.7 percent and the risk-free rate is 4.1 percent. What is the cost of equity for this firm

Answers

Answer:

The appropriate answer is "13.82%".

Explanation:

Given:

Risk free rate,

[tex]R_f=4.10[/tex]

Beta of stock,

[tex]\beta=1.13[/tex]

Market rate,

= [tex]12.7[/tex]

Now,

The market risk premium will be:

⇒ [tex]R_p[/tex] = [tex]Market \ rate-Risk \ free \ rate[/tex]

        = [tex]12.7-4.1[/tex]

        = [tex]8.60[/tex] (%)

hence,

The cost of equity will be:

⇒ [tex]r=R_f+\beta\times R_p[/tex]

      [tex]=4.10+1.13\times 8.60[/tex]

      [tex]=4.10+ 9.718[/tex]

      [tex]=13.82[/tex] (%)

A company budgeted $148,000 sales on account for June, $120,000 for July, $211,000 for August, $198,000 for September, and $164,000 for October. Collection experience indicates that 60% of the budgeted sales will be collected the month after the sale, 36% will be collected the second month, and 4% will be uncollectible. Which month should have the largest amount of cash receipts from accounts receivable budgeted

Answers

Answer:

October

Explanation:

The computation of the month in which the largest amount of cash receipts is there

So, for that the calculation is to be needed

= $211,000 × 36% + $198,000 × 60%

= $75,960 + $118,800

= $194,760

For this month, the cash receipts from the account receivable is high

So the same should be considered

The higher wages college graduates receive are primarily due to discrimination Answer A: discrimination A differences in working conditions Answer B: differences in working conditions B on-the-job training Answer C: on-the-job training C differences in bargaining power Answer D: differences in bargaining power D differences in human capital ap microeconomics

Answers

Answer:

A differences in working conditions

Explanation:

The working conditions of the employees matters a lot when it comes to determine the wages of the employees. There is always a discrimination made based on the working condition, the level of education received by the employees and many more.

Thus the higher wages received by the college graduates is mainly due to the working condition and the responsibilities that they are going take while working in an organization when compared to their sub-ordinates.

Question 6 of 10
A country exports goods and services valued at $400 million in a year. During
that same year, the country imports goods and serves valued at $300 million.
Which conclusion best describes the country's balance of trade?
O A. The country has a trade surplus.
B. The country has established a comparative advantage.
C. The country has established an absolute advantage.
D. The country has a trade deficit.
SUBMIT

Answers

If a country exports goods and services valued at $400 million in a year and in the same year imports goods and serves valued at $300 million, it can concluded from its balance of trade that the country has a trade surplus. Thus, option A is correct.

What is balance of trade?

The difference between a country's exports and imports for a certain period is known as the balance of trade (BOT). The main component of a country's balance of payments (BOP) is the balance of trade.

A country with a trade deficit imports more products and services than it exports in terms of value, whereas a country with a trade surplus exports more goods and services than it imports. The BOT can be calculated by subtracting the total value of its exports from the total amount of its imports.

The balance of trade for this country will be the difference between its exports and imports. It is given that the country exports goods and services valued at $400 million in a year and the country imports goods and serves valued at $300 million. So its balance of trade will be $100 ($400-$300) as trade surplus.

Therefore, the country shows a trade surplus.

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A discount supermarket, such as Aldi, is most likely to place an emphasis upon which of the following elements of the marketing mix?​

Answers

Answer: Price

Explanation:

Marketing mix simply refers to the set of tactics or actions that a company will use to promote its product or brand in the market. The marketing mix is made up of the Price, Product, Promotion and Place.

A discount supermarket, such as Aldi, is most likely to place an emphasis upon the price. It is a discount factor, therefore the price will be its point of emphasis.

Which of the following is an example of internal compliance?
A. An accounting firm adheres to the Sarbanes-Oxley Act to prevent
fraud.
B. A hospital's staff members participate in state-mandated training
sessions every year.
C. A fast food restaurant follows Department of Agriculture
regulations for food preparation.
O D. A publishing company prevents its employees from using office
computers for personal use.

Answers

Answer:

D. A publishing company prevents its employees from using office computers for personal use.

Explanation:

An internal compliance can be defined as certain strategic measures adopted or put in place by an organization (company) within its own business by setting rules and standards, best practices, internal procedures, establishing policies and maintaining a level of quality so as to successfully achieve its aim, goals and objectives.

Basically, it comprises of specific business ethics or code of conduct that employees working in an organization must completely adhere to or strictly follow at all times. Also, it is often referred to as human resource (HR) compliance.

Hence, an example of internal compliance is the situation in which a publishing company prevents its employees from using office computers for personal use.

Answer:

D. A publishing company prevents its employees from using office computers for personal use.Explanation:

At Furman Company, managers go through a lengthy budgeting process wherein each department manager is required to provide documentation justifying every expected expense. Furman uses ____ budgeting.

Answers

Answer:

zero-base

Explanation:

Zero-based budgeting is the process of distributing the money into expenses, saving and the payment of debt. Here the objective is that the income should be minus your expenses equivalent to zero at the closing of the month. It can be repeated the categories of the expenses and the amount each & every month

Therefore as per the given case, the zero-base budgeting is considered

Jupiter Co. applies overhead based on direct labor hours. The variable overhead standard is 4 hours at $12 per hour. During February, Jupiter Co. spent $113,400 for variable overhead. 9,150 labor hours were used to produce 2,400 units. What is the variable overhead efficiency variance

Answers

Answer:

YOUR ANSWER IS GIVEN BELOW:

Explanation:

Variable overhead efficiency variance

= (SLH - ALH) * SR

= (2400*4 - 9150) * 12

= 5400 F

14 Write any five differences between partnership
and Joint stock company

Answers

here's your answer..

Match the term with its definition Question 2 options: a method of advertising or selling that uses false claims to lure people into buying worthless or harmful products when a person deceives another person into buying products or services that he or she knows are ineffective or harmful the use of bandages or nonporous garments to compress body parts; also advertised for a method of weight-loss. 6 the best choice for staying hydrated. 5 a trendy weight-loss plan that promises dramatic results and are not healthy for you. 7 contains high levels of sugar and caffeine and has been linked to increases in weight and even obsesity. a product taken orally that contains one or more ingredients (such as vitamins or amino acids) that are intended to boost / be an additive to one's diet and are not considered food

Answers

Answer:

The answer is below

Explanation:

Matching the definition with the right words or terms, we have the following:

1. QUACKERY: a method of advertising or selling that uses false claims to lure people into buying worthless or harmful products.

2. FRAUD: when a person deceives another person into buying products or services that he or she knows are ineffective or harmful.

3. FIGURE WRAPPING: the use of bandages or nonporous garments to compress body parts; also advertised for a method of weight loss.

4. COOL WATER: the best choice for staying hydrated.

5. FAD DIETS: a trendy weight-loss plan that promises dramatic results and is not healthy for you.

6. COCA-COLA: contains high levels of sugar and caffeine and has been linked to increases in weight and even obesity.

7. DIETARY SUPPLEMENTS: a product taken orally that contains one or more ingredients (such as vitamins or amino acids) that are intended to boost/be an additive to one's diet and are not considered food

Carla and John enter into a partnership and form a business. Under the partnership agreement, Carla is directly responsible for the management of the firm and its liabilities. John has a minor financial stake in the firm and works there, but he is not held responsible for the taxes and debts owed by the firm. In the context of the legal forms of business, Carla and John have formed a _____,

Answers

Answer:

limited liability partnership

Explanation:

From the question, we are informed about Carla and John who enter into a partnership and form a business. Under the partnership agreement, Carla is directly responsible for the management of the firm and its liabilities. John has a minor financial stake in the firm and works there, but he is not held responsible for the taxes and debts owed by the firm. In this case, under context of the legal forms of business, Carla and John have formed a limited liability partnership. limited liability partnership can be regarded as flexible legal as well as tax entity which give room for

partners to benefit from economies of scale through their working together as with this there would be reduction in their liability for the actions of other partners. As regards any legal entity, the law of

should be checked before one get too excited.

.

Multiple Choice Question Use the following information to calculate the labor efficiency variance for Adkinson Company. Actual hours used 5,500; Standard hours allowed 5,800; Actual labor rate $14.75 per hour; and Standard labor rate $14.00 per hour.

Answers

Answer:

$4,200 Favorable.

Explanation:

$14.00 x (5,800 - 5,500) = $4,200 Favorable. The labor efficiency variance is calculated using the standard, not the actual, labor rate.

You purchase $300 worth of the same stock every quarter for one year at prices per share of $15, $12, $10, and $20, respectively. By using this dollar-cost averaging strategy, you paid less overall than the average share price of $14.25. What was the average cost per share that you paid?
please help ​

Answers

Answer:

An apple, potato, and onion all taste the same if you eat them with your nose plugged

Explanation:

What is your favorite music artist? Mine is juice WRLD

Answers

Answer:

Same!!!!!!!!!!!!!!!!!!!!!!!!!!!!

High student loan payments can impact all of the following life decisions except _____.

a)getting married
b)buying a car
c)being abele to afford food
d)buying a house

Answers

Hi there!

Answer:

Option A, see below!

Explanation:

If you are high in student loan debt, your DTI (debt-to-income) ratio will be closer. The more farther apart the two numbers are the better. The more closer to each other they are the worse. High student loans can affect buying a car, getting food and buying a house because you need money for these, unlike getting married. The answer is option A.

When the local used bookstore prices economics books at $15.00 each, they sell 70 books per month. If they lower the price to $7.00 each they sell 90 books. If so, the price elasticity of demand for the books is

Answers

Answer:

0.34,

Explanation:

% change in qty = { (90-70) / [(90+70)/2} *100 = 25%

% chnage in price =  { (7-15) / [(7+15)/2} *100 = -72.73%

PRICE ELA OF DEMAND = CHANGE IN QTY/  CHANGE IN PRICE

PRICE ELA OF DEMAND =  25/72.73 = 0.343

an increase in price from $7.00 to $15.00 results in an increase in total revenue.

The price elasticity of demand for the books when 90 books are sold when the prices are lowered from $15 to $7 each will be 0.34.

What is price elasticity of demand?

A percentage change in the quantity demanded for particular goods or services due to a percentage change in the price of such goods or services is known as the price elasticity of demand.

For the given case, the price elasticity of demand will be calculated as,

[tex]\rm Price\ Elasticity\ of\ Demand\ = \dfrac{\dfrac{Final\ Quantity-Initial\ Quantity}{Initial\ Quantity}}{\dfrac{Final\ Price- Initial\ Price}{Initial\ Price}}\\\\\rm Price\ Elasticity\ of\ Demand\ = \dfrac{\dfrac{90-70}{70}}{\dfrac{15- 7}{7}}\\\\\rm Price\ Elasticity\ of\ Demand\ = 0.34[/tex]

Hence, the price elasticity of demand is calculated as above.

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During economic downturns the number of Americans without jobs increases. According to the principle that one person's spending is another person's income: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices the reduction in spending by the unemployed workers will further lower incomes. the reduction in the number employed will reduce the costs of goods and services. the higher number of unemployed will increase enrollment into colleges. availability of workers will increase opportunities for new businesses.

Answers

Answer: The reduction in spending by the unemployed workers will further lower incomes

Explanation:

Economic downturn is when there's a reduction in the economic activity. During thus period, there's rising unemployment, reduction in investment, low consumer confidence etc.

Based on the principle that one person's spending is another person's income, the reduction in spending by the unemployed workers will further lower incomes. This is because an increase in the productive economic activity depends on cash transfers.

Since there's an economic downturn, there'll be a decrease in spending since there's less money available to the people, hence this will further lead to decrease in the income.

and explain to laws that protect citizens against gender-based violence in our country​

Answers

Answer:

Domestic Violence Act (1998)

Explanation:

The Government, constitution and the legislation protect individuals or women against all sorts of person-to-person violence against women or gender. The Domestic Violence Act protects against various forms of violence against women, and the Security Against Human Rights act (2011) protects against harassment.

Differences between private and public company

Answers

here's your answer..

Answer:

The public company refers to a company that is listed on a recognized stock exchange and its securities are traded publicly. A private company is one that is not listed on a stock exchange and its securities are held privately by its members.

Explanation:

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Walmart, Domino's, and Avis Rent-a-Car are examples of
a. agents.
b. industrial distributors.
C. retailers.
d. wholesalers.

Answers

Answer:

they are examples of retailers

What is an investment portfolio?
A. A selection of varied accounts
B. A selection of varied instruments
C. A selection of varied applications
D. A selection of varied stocks and bonds​

Answers

Answer:

In finance, a portfolio is a collection of investments aka stocks and bonds!

* I ONLY HAVE AN HOUR LEFT*
The relationship between the level of spending and the income earned is :

A)Positive

B)Negative​

Answers

Answer:

Positive.

Explanation:

The relationship between the level of spending and the income earned is positive. This implies that there is a relationship in which both indicators run in parallel, so that if income rises, the level of expenses will also tend to rise; While if income falls, the same will necessarily happen with the level of spending.

This occurs for a logical question: the greater the amount of money earned by a person, the greater the amount of money available to him to spend on different goods and services; and vice versa.

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