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Alex17521 [72]
2 years ago
8

Which pricing tactic calls for offering three similar products, one that is lower priced and less attractive and two that are co

mparable but more expensive
Business
1 answer:
netineya [11]2 years ago
8 0

Decoy pricing tactic calls for offering three similar products, one that is lower priced and less attractive and two that are comparable but more expensive.

<h3><u></u></h3><h3><u>What is decoy pricing?</u></h3>

A price strategy called decoy pricing aims to "push" customers to make a decision. Customers sometimes have to choose between products with varying costs and features while making purchases. And when a business seeks to increase sales of a certain product, it frequently chooses what is known as a decoy pricing structure to sway the consumer's choice. In this instance, the "decoy" is either a product with a slightly cheaper price but much worse quality, or a product with a significantly higher price but slightly greater quality.

The attraction effect and the compromise effect are the two distinct effects on which the decoy pricing strategy is predicated.

<u></u>

Learn more about pricing tactics with the help of the given link:

brainly.com/question/25716956?referrer=searchResults

#SPJ4

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If a competitive firm can sell a ton of steel for $500 a ton and it has an average variable cost of $400 a ton, and the marginal
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3 years ago
All Wet Water Softener Systems has Cash of $400?, Accounts Receivable of $1,000?, and Office Supplies of $600. All Wet owes $300
DanielleElmas [232]

Answer:

D. 5.00

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The calculation of current ratio is given below :-

Current Ratio = Current Assets ÷ Current Liabilities

where,

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7 0
3 years ago
A shift in the demand curve for pretzels increases the price of pretzels from $1.25 to $1.75 and its quantity demanded from 30 m
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η = (5/65)/(0.5/3)
   = 0.4615

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This means that greater demand makes it possible to increase the price. Usually, this is not the case because lowering the price increases sales.

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3 years ago
Which of the following statements is normative rather than positive?
torisob [31]

Answer:

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Normative statements express value-based judgement on how a situation should be . In the instance aboce, it is the author's opinion that in developed society income inequality should be minimised.

Positive statements are more descriptive using facts to make statements. In the above Carla will get more excercise at the fair than at the movies is a fact-based statement.

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3 years ago
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