When product demand fluctuates and yet you maintain aconstant level of employment, some of your cost savingsmight include:a) reduction in hiring costs.b) reduction in layoff costs and unemployment insurancecosts.c) lack of need to pay a premium wage to get workers toaccept unstable employment.d) having a trained workforce rather than having toretrain new employees each time you hire for anupswing in demand.e) all of the above.
Customary Pricing
There are various types of pricing strategies followed in the market. They are psychological pricing, odd pricing, free onboard pricing, customary pricing, prestige pricing, dual pricing, ruling pricing, negotiated pricing, mark up pricing, etc. each one can be explained as follows:
Multiple Unit Pricing
“Multiple-unit pricing is a practice where a company offers consumers a lower than unit price if a specified number of units are purchased.”
When product demand fluctuates and yet you maintain a
constant level of employment, some of your cost savings
might include:
a) reduction in hiring costs.
b) reduction in layoff costs and
costs.
c) lack of need to pay a premium wage to get workers to
accept unstable employment.
d) having a trained workforce rather than having to
retrain new employees each time you hire for an
upswing in demand.
e) all of the above.
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