Cash 105
Sales Revenue 100
Sales Tax Payable 5
A tax is a obligatory financial rate or some different form of levy imposed on a taxpayer (an person or criminal entity) by using a governmental corporation to be able to fund government spending and diverse public fees (local, neighborhood, or country wide),[2] and tax compliance refers to coverage movements and character behaviour aimed at making sure that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs.[3] the first recognized taxation came about in historic Egypt round 3000–2800 BC.
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in nonstatistical sampling, describe the two methods auditors use to project sample results to the population. how does an auditor determine which method to use?
Ratio projection involves the auditor transferring the population's observed misstatement ratio from the sample. If the auditor anticipates a close relationship between the amount of misstatement and the item's size, ratio projection should be used.
What is Ratio projection?
The throw ratio indicates what size of an image we can project from a specific distance.
A throw ratio of 1.5, for instance, means that the throw distance must be 1.5 feet for every foot of image width. A projector will create a larger image at a closer throw distance if the throw ratio is lower.
Why are projected financial ratios are important?
The basic small business plan must include Financial projections, particularly for newly established businesses.
You can gain a thorough picture of your financial status and see how much profit you can make by taking into account elements like production costs, market prices, and customer demand.
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indications the customer is ready to purchase are known as . a. handouts b. buying signals c. trial closes d. opportunities
Indications the customer is ready to purchase are known as buying signals.
A consumer is a man or woman or a commercial enterprise that purchases any other organization's goods or services. customers are crucial due to the fact they force revenues; without them, agencies can not live on.
In income, commerce, and economics, a patron is the recipient of an awesome, service, product or idea - received from a dealer, vendor, or supplier via a financial transaction or trade for money or some other precious attention. A patron is someone who buys products or services from a organization, whilst a patron refers to a positive kind of purchaser who purchases expert services from a business. typically talking, clients buy merchandise even as clients purchase advice and answers.Learn more about customer here: https://brainly.com/question/26313265
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davis corporation reported the following financial data for one of its divisions for the year; average assets of $545,000; sales of $1,155,000; and income of $135,000. the investment turnover is
Davis Corporation's investment turnover would be $2.12k.
What is meant by the phrase turnover?How quickly a firm operates its operations is determined by the accounting concept of turnover. The most common way to gauge how quickly a company sells its merchandise or collects money from accounts receivable is through turnover.
What do turnover and profit mean?After deducting all expenses, both variable and fixed, profit is the amount of turnover that is left over. The pure profit a business makes from its sales is referred to as turnover, often known as net sales. The main differences between turnover and profit include their context, forms, and applications.
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Concerns over the increase in the number of business laws and regulations that were costing the public money led to: Select one: a. restructuring.
Concerns over the increase in the number of business laws and regulations that were costing the public money led to restructuring.
corporate law is the body of regulation governing the rights, relations, and behavior of persons, groups, agencies and businesses. The time period refers back to the legal practice of law relating to agencies, or to the theory of agencies.
business regulation, also known as business law or mercantile law, the body of regulations, whether or not through convention, agreement, or country wide or worldwide regulation, governing the dealings between persons in commercial topics.
This includes how the commercial enterprise interacts with different agencies, the general public, its clients, and governing companies. There are a variety of disciplines inside the area of enterprise regulation; a number of these include tax regulation, intellectual belongings regulation, bankruptcy regulation, employment law, actual estate law, and so forth. The motive of an enterprise is to create and keep a patron. Many humans suppose that the reason of a business is to make earnings.
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infants expand their early abilities to imitate to include actions on objects. whicj of the following statements about imitation on objects is true:
The creating potential to mirror, repeat, and practice the actions of others, either right now or later. At around eight months of age, teens imitate simple movements and expressions of others in the course of interactions.
Do infants learn through imitation?Imitation may additionally be the sincerest structure of flattery for adults, but for babies it's their predominant device for learning. As famend people-watchers, babies often observe others exhibit how to do things and then reproduction these physique movements.
What function does imitation play in infancy?The younger kid's capability to imitate the moves of others is an necessary mechanism for social learning—that is, for obtaining new knowledge. The kid's potential to imitate is also vital for what it tells us about the know-how that the baby already has.
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The basic method for calculating the proportion of bad debt is pretty simple. Divide the amount of awful debt by the whole debts receivable for a period, and multiply via 100.
Which account kind is used to record bad debt estimation?Recording terrible debt includes a debit and a savings entry. Here's how it's done: A debit entry is made to a horrific debt expense. An offsetting credit score entry is made to a contra asset account, which additionally referred to as the allowance for dubious accounts.
Which approach is pleasant for accounting for horrific debts?The direct write off method is one of two methods to account for terrible money owed in bookkeeping. The other technique is the allowance method. A terrible debt is an quantity owing that a customer will not pay.In the direct write off method, a small commercial enterprise proprietor can debit the Bad Debts Expense account and credit score Accounts Receivable.
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https://brainly.com/question/29414667#SPJ4One way that firms in a monopolistic competition engage in nonprice competition is through
a
fixed costs
b
variable costs
c
advertising
d
production
One way that firms in a monopolistic competition engage in nonprice competition is through advertising. (option c)
What is a monopolistic competition?A monopolistic competition is when there are many firms operating in an industry that sell identical goods which are not perfect substitutes for each other.
A monopolistic competition has characteristics of both a monopoly and a perfect competition. There is perfect entry and exit of firms in a monopolistic competition.
One of the ways monopolistic firms engage in non-price competition is through advertisement to attract customers. An example of monopolistic industry are restaurants. All restaurants sell food but there are differences in the type and quality of food being sold.
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An entrepreneur is starting a new business. The activi- ties and times required are given below: Olen End Start a. Find the critical path and the project completion time. b. What are the ES, LS, EF, and LF for each activity? c. How much slack is there in activity D?
(a) According to network diagrams, the following paths lead to project completion:
A-D-completion G's time (2+5+3) is equal to 10, A-C-E-completion G's time (2+4+3+3) is equal to 12,A-C-completion F's time (2+4+5) is equal to 11, B-completion F's time (4+5) is equal to 9.(b)
EF = ES + tLFEF = 10 + 32(9) = 298
S = LF- EF = 11-9 = 2LF= LS + t-S = 10+ 32-2 = 40ES = EF + DurationES = 10 + 32
= 42
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Maria, age 16, from a wealthy family, purchases designer jeans on credit for $300. The true fair market value for the jeans is $75. What is true of this case?
She may not disaffirm and is liable for $75
Maria, age 16, from a wealthy family, purchases designer jeans on credit for $300. The true fair market value for the jeans is $75. She may not disaffirm and is liable for $75.
Jeans are a style of pant or pair of trousers made of dungaree or denim fabric. The term "jeans" frequently refers to a specific type of pants, known as "blue jeans," with copper-riveted pockets that were created by Jacob W.
Davis in 1871 and were granted a patent by Davis and Levi Strauss on May 20, 1873. Blue-colored denim-based clothing had long been referred to as "blue jeans" before the patent was issued. In addition, "Jean" alludes to a robust fabric that is typically made with a cotton warp and a wool weft. Like denim, jeans can also be made entirely of cotton.
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How does price discrimination move a market that is not perfectly competitive to an efficient output level?.
Price discrimination is most valuable when the profit that is earned as a result of separating the markets is greater than the profit that is earned as a result of keeping the markets combined.
What is price discrimination?
Price discrimination is a selling strategy that charges customers different prices for the same product or service based on what the seller thinks they can get the customer to agree to. When a merchant uses pure price discrimination, they charge each consumer the highest price they will agree to. In more prevalent types of price discrimination, the supplier divides clients into groups based on particular characteristics and assesses a different price for each group. When a seller discriminates on pricing, each consumer pays a different price for the same good or service.
The business imposes first-degree discrimination by charging the highest price attainable for each consumed unit.
Discounts for goods or services purchased in bulk constitute second-degree discrimination, whereas different prices for various consumer groups constitute third-degree discrimination.
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Jamal silk screens promotional posters for local bands in Atlanta. Jamal can choose three different silk screen machines: the Series T800 machine, the T850 machine, or the T1000 machine. Each machine allows him to produce more posters per day. The costs of printing promotional posters using the three machines are detailed in the three tables below.
a. If Jamal expects that on average bands will order 600 promotional posters per concert, which silk screen machine should he order to minimize his average cost of production?
(Click to select)T800 machine T850 machine T1000 machine
b. If Jamal expects that on average bands will order 900 promotional posters per concert, which silk screen machine should he order to minimize his average cost of production?
(Click to select) T800 machine T850 machine T1000 machine
c. If Jamal expects that on average bands will order 300 promotional posters per concert, which silk screen machine should he order to minimize his average cost of production?
(Click to select)T800 machine T850 machine T1000 machine
T850 system if Jamal expects that on average bands will order 300 promotional posters in step with concert silk display screen device should he order to reduce his common price of manufacturing .T800 system T850 system T1000 device.
The pores and skin peel away extra without difficulty and is more regenerative. It also possesses subroutines on simple human psychology and behavior in its programming. The T-850 is barely stronger and quicker than its predecessor.
After terminating John Connor, it started out a rampage in home Plate earlier than it was taken down by using fashionable Kate Connor and her group with electric projectiles that overload its machine.
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direct marketing involves engaging directly with carefully targeted individual consumers and customer communities to both obtain an immediate response and build lasting customer relationships. true or false?
The following statement "direct marketing involves engaging directly with carefully targeted individual consumers and customer communities to both obtain an immediate response and build lasting customer relationships" is True.
Any form of marketing that communicates or distributes with consumers directly, as opposed to indirectly through a third party like the media, is considered direct marketing. Campaigns can be sent using mail, email, social media, and texting, among other distribution methods.
Because it typically cuts out the middlemen, such as advertising media, direct marketing is known as such. Direct marketing campaigns operate independently to speak with target audiences directly, in contrast to traditional public relations campaigns that are disseminated through a third party, such as media publications or mass media.
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A product positioned strategy: a. Places warehouses close to the sources of supply b. Places warehouses close to customers c. Places warehouses midway between the sources of supply and the customers d. None of these choices are correc
Places warehouses close to the sources of supply is included in A product positioning strategy. Thus, option A is correct.
What is Product positioning?Product positioning is a tactical effort than identifies the market niche for the item or brand and explains why it would be superior to competing offerings. The objective is to identify your target market, their needs, and just how unique products can specifically meet those needs. Every marketing narrative is built on the placement of their products.
The process of establishing a new device's placement in consumers' eyes is a marketing strategy. This was given to ensure that the distance between the supply and the warehouse will be reduced.
It will save them time and create efficiency. Also, the transportation cost will be reduced with the help of Product positioning. Therefore, option A is the correct option.
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what is the result of an increase in aggregate demand that occurs along the short-run aggregate supply curve where the price level does not rise?
Answer:
Real output rises by the full extent of the multiplier.
Hope it helped! :)
1. Small Producer is heavily dependent on Massive Mart for product sales. When Massive Mart aggressively negotiates lower wholesale prices so it can then lower prices in its stores, Small Producer has no choice but to agree. This is an example of which type of vertical marketing system?A. Contractual VMSB. Discrete VMSC. Corporate VMSD. Administered VMS
The correct option is (D): Administered VMS
A seller control device (VMS) is a web-enabled, often net-primarily based utility that acts as a mechanism for commercial enterprise to manipulate and acquire staffing offerings – temporary, and, in a few cases, everlasting placement offerings – in addition to outside contract or contingent exertions. ordinary functions of a VMS utility encompass order distribution, consolidated billing, and significant upgrades in reporting capability that outperforms guide systems and strategies.
in the financial industry because of current rules (see FRB SR13-19; OCC 2013-29 and CFPB 2012-03), vendor management implies consistent threat classification and due diligence to manage 1/3-birthday party risk. some institutions have re-classified or renamed their programs to third birthday party danger management (TPRM) to align with the verbiage used by the regulatory agencies.
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i commanded the assault and capture of the fortress at derna, tripoli in 1805, and was presented with what would become the famous marine corps officer's sword
A policeman carrying a Mamluk sword was given to Lieutenant Presley O'Bannon in 1805 by a Mamluk chief in North Africa. Tripoli's history dates back to at least the 14th century BC. return.
After Cairo, he has a second concentration in Mamluk architecture. The naval squadron stationed in the Mediterranean was led by Commodore Edward Preble, but the hero of the United States' war with Tripoli was Stephen Decatur of Maryland. Crossed swords represent military strength in terms of physical security.
Both swords point upwards, always ready for battle, symbolizing the importance of always being on alert. The United States successfully defeated the Karamanli forces in a combined sea and land attack by the United States Marine Corps. The U.S. treaty with Tripoli, signed in 1805, included a ransom for Tripoli's American prisoners of war, but no provision for tribute.
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What does selling a bond mean?.
Governments and businesses sell bonds as a sort of asset to raise money from investors. Therefore, selling bonds is a means of borrowing money from the seller.
How does selling a bond work?An interest coupon, which represents the annual interest rate on a bond expressed as a percentage of face value, is what the company gives in return for the capital. The company finishes the loan by returning the principal on the maturity date and paying the interest at predetermined intervals (typically annually or semiannually).But bond buyers might decide that selling a bond early is preferable to waiting for it to mature. Some of these explanations include the expectation of higher interest rates, the possibility that the issuer's credit will be reduced, or if the market price appears to be excessively high.To Learn more About bonds refer to:
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true or false: unlike large organizations, very small businesses rarely benefit from preparing formal written plans for their future operations.
This statement is false. unlike large organizations, very small businesses rarely benefit from preparing formal written plans for their future operations.
Small organizations are corporations, partnerships, or sole proprietorships which have fewer employees and/or much fewer annual sales than an ordinary-sized enterprise or company. groups are defined as "small" in terms of being able to apply for government aid and qualify for preferential tax coverage varies depending on the u. s. a . and enterprise. Small corporations vary from fifteen personnel under the Australian fair Paint Act 2009, fifty employees in line with the definition used by the European Union, and fewer than 5 hundred employees to qualify for plenty of U.S. Small business management packages. at the same time small businesses also can be categorized consistent with other techniques, together with annual revenues, shipments, sales, property, or by means of annual gross or net sales or net profits, the quantity of personnel is one of the maxima broadly used measures.
some small organizations, consisting of a home accounting enterprise, may additionally most effectively require a business license. on the other hand, different small groups, consisting of daycares, retirement houses, and restaurants serving liquor are extra heavily regulated and can require inspection and certification from various government authorities.
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projects may be authorized by all of the following except 100 group of answer choices the project team. a sponsor. a pmo. a portfolio review board.
projects may be authorized by all of the following except 100 group of PMO.
Authorization or authorization (see spelling variations) is the function of specifying access rights/privileges to assets, that's associated with trendy facts security and laptop protection, and to get admission to manipulate in particular.[1] greater officially, "to authorize" is to outline an get right of entry to coverage. as an example, human sources body of workers are normally authorized to access worker records and this policy is regularly formalized as access management policies in a pc gadget.
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what is the economic system based on collective ownership of the means of production and collective distribution of goods and services called?
A political and economic system based on shared ownership of the means of production is socialism. In a socialist economy, the government controls all legal decisions pertaining to production and distribution.
What is a system of collective economics?
a form of capitalism where the means of production are owned jointly, typically by the government. an economic system where the government controls a number of significant businesses, but where most property is still privately owned and political freedom is generally available. Social ownership and operation of the means of production, which may be in the form of autonomous cooperatives or direct public ownership wherein production is carried out directly for use rather than for profit, are characteristics of a socialist economic system.
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when you calculate marginal costs, they should include: only fixed costs. the market price of the product. both the variable and fixed costs. only variable costs.
When you calculate marginal costs, they should include: both the variable and fixed costs.
Option C is correct.
What is Marginal Cost?Marginal cost refers to the increase in production costs caused by producing additional units of a product. Also called the marginal cost of production. By calculating marginal cost, firms can see how output affects costs and, ultimately, profits.
Why does marginal cost increase?In general, the marginal cost of production tends to increase as the production volume increases. Marginal costs allow manufacturers to determine how to allocate resources to production units and maximize output.
Why Marginal Cost Matters?Marginal cost of production is used to measure the change in the cost of a product due to the production of additional units of production. Once the company reaches the optimal production level, producing additional units will increase the production cost per unit.
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according to a review of studies with over 300,000 participants, those with strong social connections have a (fill in the bank) greater chance of survival when compared with those who are lonely.
According to a review of studies with over 300,000 participants, those with strong social connections have a 50% greater chance of survival when compared with those who are lonely.
What does social connections mean?Basically, a social connections means the relationships a person have with the people around you. These people may be close like family, friends, co-workers or more distant like people you know casually. They can as well be as close as next door or so far away that you only connect with them by telephone or through the Internet.
The network of people's relationships may be big or small. 1 or 2 of close family members or friends may be all you need to feel supported and valued. Whether people's circle is big or small, the important thing is that you are there for each other.
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of the three typical types of sales force structures, which one is often supported by many levels of sales management positions in specific geographical areas?
Of the three typical types of sales force structures territorial is often supported by many levels of sales management positions in specific geographical areas.
What is Territorial sales force structure?Each salesperson in a territorial sales force structure is given exclusive access to a certain geographic region, where they are responsible for marketing the whole range of the business's goods and services to every client.
A sales force organization known as a territorial sales force allocates each salesperson to a specific geographic territory where they are responsible for selling the whole company's product or service line to all clients within that territory.
This sales force structure may enable the business to forge closer ties with key clients. It is more about working with customers to understand their needs and less about closing deals.
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Coolidge Company owes $1,000 for merchandise inventory purchased from Ross Company during April. The amount owed is now past-due. On June 15, 2015, Coolidge meets with Ross and convinces Ross to accept $400 cash and a 30-day, 10 percent, $600 note payable to replace the account payable. Prepare the June 15 journal entry for Coolidge by selecting the account names and dollar amounts from the drop-down menus.
Prepare the June 15 journal entry for Coolidge by selecting the account names and dollar amounts from the drop-down menus.
June 15 Accounts Payable $1,000
Cash $400
Note Payable $600
accounts payable (AP) is money owed with the aid of an enterprise to its suppliers shown as a legal responsibility on a employer's balance sheet. it is distinct from notes payable liabilities, which might be debts created by way of formal criminal tool files.[1] An bills payable branch's fundamental responsibility is to process and evaluate transactions among the organization and its suppliers and to make certain that all top notch invoices from their providers are accepted, processed, and paid. Processing an invoice includes recording essential statistics from the invoice and inputting it into the agency's monetary, or bookkeeping, system.
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In the 1980s and 1990s, global institutions promoted structural adjustment loans as key to stabilizing local economies. Identify the conditions that local governments had to comply with in order to receive structural adjustment loans.
privatize state-owned enterprises
deregulate financial and labor markets
NOT:
increase spending in health, education, and social services
increase subsidies on essential commodities like food and oil
Loans from the International Monetary Fund (IMF) and the World Bank (WB) are part of structural adjustment plans (SAPs), which are given to nations that are going through economic crises.
In structural adjustment plans. They want to bolster the country's international competitiveness, reorganize its economy, and balance its budget. The IMF and World Bank require borrowing governments to implement a number of policies in order to receive more loans. These programs often concentrate on enhancing privatization, opening markets to international competition, and lowering the deficit. The conditionality clauses affixed to the loans have come under fire for how they affect the social sector. The explicit goals of SAPs are to reduce the short- and medium-term fiscal imbalances of the borrowing country or to restructure the economy for long-term growth. By requiring the implementation of free market programs and policies, SAPs are allegedly intended to balance the government's budget, reduce inflation, and stimulate economic growth.
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a is a document, service, hardware, or software that must be finished and delivered by a certain date and time to maintain the project schedule
Deliverable a is a document, service, hardware, or software that must be finished and delivered by a certain date and time to maintain the project schedule.
What Is a Project Deliverable?
Deliverables are essentially the products of project activities, which are produced by projects. The size and quantity of project deliverables can vary depending on the project. During the project planning phase, the project management team and stakeholders come to an agreement on them.
There are inputs and outputs in every project type, to put it another way. In other words, this is what goes into the project—data, resources, etc.—and what comes out—the deliverables. These deliverables, once more, differ substantially. For instance, a project deliverable could be a good or service, or it could be the paperwork needed to finish the project.
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true or false? rachel carson's 1962 book, silent spring, first brought attention to chemical poisoning of waterways by corporations. true false
How often do mortgage rates change?.
Mortgage rates change daily.
Mortgage rates change daily.
What is the rate on a mortgage?The interest rate on a mortgage is called a mortgage rate.The lender decides mortgage rates, which can be fixed or variable, depending on a benchmark interest rate, for the duration of the mortgage.Borrowers' mortgage rates vary based on their credit history.The average mortgage rate fluctuates with interest rate cycles and can have a significant impact on the market for homebuyers.What is the function of a mortgage?A mortgage is a kind of loan that is used to buy or keep a house, land, or other piece of real estate.The borrower agrees to make payments to the lender over time, usually in a series of regular payments that split the cost of the loan between interest and principal.The property then acts as security for the loan.Mortgage rates change daily.
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knowing that economic growth works best in a stable and market-oriented economic climate, why might high-income countries utilize monetary policy?
High-income countries utilize monetary policy To keep inflation low in order and to reduce the danger of currency volatility
A central bank implements monetary policy to maintain a stable economy, keep unemployment low, safeguard the value of the currency, and promote economic growth. A central bank influences borrowing, spending, and savings rates through adjusting interest rates or reserve requirements, or by conducting open market operations.What function does monetary policy play in economic development?
Monetary policy is viewed as part of economic planning and tactics to create an environment conducive to economic progress and the general welfare of the population.
The effects of interest rates on GDP growth, investment, and inflation are commonly used to assess the success of monetary policy.
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true or false: if shen's fire engines were a competitive firm instead and $100,000 were the market price for an engine, increasing its production would not affect the price at which he can sell engines.
If shen's fire engines were a competitive firm instead and $100,000 were the market price for an engine, increasing its production would not affect the price at which he can sell engines. TRUE.
What is a competitive firm?In economics, competition is a circumstance where different economic establishment are in contention to attain goods that are limited by varying the elements of the marketing mix: price, product, promotion and place.
Therefore, increasing the productivity does not affeCT the price as increase in price might result into going for the alternatives or patronizing other products.
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