Answer:
Supply
Explanation: I had to the Economics Cencepts-Assessment ll for DECA today. I got all my answers off a quizlet...
Price is the value that is put into a product or service As a result of lots of calculations, research, understanding, and risk-taking. A pricing strategy, on the other hand, is the smart way a company makes in order to target and attract customers. There are four pricing strategies:
<span>1. </span>Premium pricing
<span>2. </span>Penetration pricing
<span>3. </span>Economy pricing and
<span>4. </span>Skimming pricing
Premium pricing and skimming strategy both use a high price while penetration pricing and economy pricing use a low price. <span>
<span>When Dillard company reduced the price of children’s Levis from $31.99 to $24.99, the used the penetration pricing. And when the manager of Jenney instructed his staff to do the same, he used the penetration pricing strategy also to attract customers. </span></span>
Based on the information given, the items that can be reflected in the account activity but that the person cannot account for include bank charges and transactions involving the use of ATMs.
From the complete information, it should be noted that there are bank charges that are charged by the banks. In this case, the account may not reflect the spending that has actually been done.
Also, there are taxes that are charged on the goods that the person bought. Therefore, this will be reflected on the account activity and will give rise to a higher value than the amount that the person actually spends.
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