Inflation will cause interest rates to rise. When interest rates rise demand for money decreases.
The Pricing strategy which Dream Homes implemented is known as Price lining (Option A) which categorized the prices accordingly with the financial soundness of the customers.
Explanation:
The demand for more goods always plays a vital role in ensuring good sales. The likes of the customers towards particular products depend upon the nature of unique features and its fine quality. By capturing the pulse of the purchasing power of the customers, the business ventures fixed the prices according to the level of economical weaker sections, middle, and high-income groups.
In this case, Dream Homes fix the price of freezers by measuring the ability of customers' to buy them without compromising with the customers requirements. Dream Homes uses the price lining method to gain customers' reputation by selling the products accordingly with their status of income level.
Answer: A medium of exchange.
Explanation: A medium of exchange can be in the form of currency, which allows one person to trade/exchange it for another item. Currency is used to purchased an item that another person is selling and they give each other the different items during their exchange.
What is the primary force that determines what a firm buys and sells? The law of supply and demand. A firm will buy and sell items that they are in need of and what their consumers are in need of. The firm will base the items they carry on the demand of consumers wanting them and likewise, the demand of an item from a consumer will lead to a business having a supply of it.
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