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satela [25.4K]
2 years ago
14

What is a pricing strategy that establishes a low price in hopes of attracting a great number of customers and discouraging comp

etitors?.
Business
1 answer:
Alex Ar [27]2 years ago
5 0

The pricing strategy that establishes a low price in hopes of attracting a great number of customers and discouraging competitors is penetration pricing.

<h3>What is penetration pricing?</h3>

Penetration pricing is a pricing strategy where the sellers of a new product make the price of the good very low with the hopes that it would attract customers to purchase the product.

Penetration pricing increases the market share of the firm but can lead to the firm earning very low levels of profit.

To learn more about penetration pricing, please check: brainly.com/question/3521758

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Answer:

d. $9,000; $9,000

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As cash received on January 1 in advance to provide service in one year which is completed on December 31. So all the Unearned revenue is recognized because service for 12 month has been performed so whole amount will be reported in Income statement for the year ended December 31. Only cash received is from the service revenue activity so, it is also reported as $9,000. correct option is d. $9,000; $9,000.

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3 years ago
Alice Copper has wages of $120,000 and dividend income from a mutual fund of $5,000. She has allowable itemized deductions of $9
Alexeev081 [22]

Answer:

$112,600

Explanation:

Calculation for What is the amount of Alice's Taxable Income

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An entrepreneurial team is a group composed of the entrepreneur plus the firm's banker, cpa, and attorney. the firm's managers.
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"An entrepreneurial team is a group composed of the entrepreneur plus the firm's banker, CPA, and attorney."

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An entrepreneurial team usually consists of 2 or more people with a great interest in the success and future of a company. The work of this team is interdependent as they pursue common goals for success for the venture. They are usually interested in the financial and other areas of a company and include the entrepreneur, the CPA, attorney, and the organization's banker.

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