Which of the Following Is a Reason for a Company

question 48

Essay

Which of the following is a reason for a company to raise its prices?
to address the issue of overdemand for a product
to win a larger share of the market
to use excess capacity
to boost sales volume
to balance out decreasing costs

Evaluate the advantages of using multiple production department factory overhead rates over a single plantwide rate.

Apply activity-based costing to allocate indirect costs across different products or services.

Calculate and compare factory overhead allocated per unit under different costing methods.

Understand the industries and products suitable for process costing versus job order costing.

---

Definitions:

Respondent Behavior

Behavior that occurs as an automatic response to a certain stimulus, often without conscious intent.

Unconditioned Response

An automatic, innate reaction to a stimulus that occurs without prior conditioning or learning.

Negatively Reinforced

A behavior strengthened because a negative condition is removed or avoided as a consequence of the behavior.

Positively Punished

The addition of an unpleasant stimulus in response to a behavior, resulting in a decrease in the likelihood of that behavior being repeated.