The determinants of the supply of a good are any factors other than the product's price that cause the supply curve of the good to shift.
<h3>What is supply curve?</h3>
The supply curve can be regarded as graphic representation which is used in showing the relationship that exist between between the cost of a good or service and quantity supplied.
However , the price is seen at the left vertical axis, of the curve and product's price that cause the supply curve of the good to shift.
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Answer:
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Answer:
There are many different price adjustment strategies which can be implemented in the current market.
Explanation:
Psychological pricing:
Psychological pricing is a strategy in which the price of a product is displayed with mostly one cent difference so the whole number shown is less by $1 and this difference can get higher if the price of the product is more.
Example 1: The price for a toy in a toy shop is $4.99, if rounded this will be $5 but the whole number visible is $4.
Example 2: The price of a laptop is $193, this again is nearly $200 but the price is reduced by $7 in order to influence their customers into buying the product.
Example 3: The price of a car is $35,995, this again is about $36,000 but the buyer may be influenced by this technique and result in purchasing the product with such price.
Geographical Pricing:
Geographical pricing is a strategy where different prices are charged in different outlets, this strategy is made keeping in mind the purchasing power of the locality, if the local people can pay higher price for a product then the price is high there but same product may have a lower price in an area where people can not pay high price.
Example 1: Price of a T-shirt is $15 in a posh area while the price of the same T-shirt is $5 in an area with poor locality.
Example 2: Price of a hair brush is $10 in a poor area while the same brush is available in a posh area at a rate of $35.
Example 3: Price for a food item is $6 in a restaurant in posh area while the same burger is available for $3 in a restaurant in a poor area.
The most significant distinction between technical communication and the other types of writing you've done is that technical communication has a somewhat different emphasis on audience and goal. This sort of communication is more than just delivering information; it ensures that the audience properly understands what the author wishes to express.
The goal of all technical information is to explain complex or difficult instructions, concepts, or tasks in a clear, non-personal communication and understandable manner. Science, engineering, and technology are all covered in technical writing. Specifications, manuals, data sheets, research papers, field reports, and release notes are examples of typical documents.
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Answer:
$12.5
Explanation:
Given that,
Annual dividend paid = $1.50 per share
Equity cost of capital = 12%
The value of a share of NoGrowth's stock is determined by dividing the annual dividend paid by the equity cost of capital of the firm.
Value of share:
= Annual dividend paid ÷ Equity cost of capital
= $1.50 per share ÷ 0.12
= $12.5
Therefore, the value of a share of NoGrowth's stock is closest to $12.50.