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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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Suppose Stan owns a piece of property with a large lake. Initially, Stan and his family were the only people who swam in the lak
prohojiy [21]

Answer:

public

Explanation:

A public good is a good that is non excludable and non rivalrous.

An individual's access to the pool does not limit another person's access

Also, the pool is free, so it is non excludable

Before his death, the pool was a private good

A private good is a good that is excludable and rivalrous.

3 0
3 years ago
Acquisition cost, as well as capital improvements, will​
Sophie [7]

Answer:

Thus the cost of acquisition as well as the cost of improvement by the previous owner of a capital asset shall be the cost of acquisition of such asset to the person selling the such capital asset acquired under gift or inheritance and the indexation shall be allowed from the year of acquisition or improvement by the previous owner.

Explanation:

not rlly sure tho

3 0
3 years ago
What are the 5 industries which comprise two-thirds of Houston’s total exports?
Verdich [7]

Answer:

Top 5 industries in Houston:

  1. Petroleum and coal products.
  2. Chemicals.
  3. Oil and Gas extraction.
  4. Construction and Mining machinery.
  5. Plastics.

Other sectors supported by Energy sector.

  • Real Estate - oil workers are able to rent and buy houses.
  • Finance and Insurance -  due to investments in the Energy industry as well as salaries enabling investments in other finance products.
  • Retail Trade - Employees in energy are able to afford goods and services offered by retail trade thereby supporting the sector.
  • Government - Huge taxes generated from energy sector jobs contribute to both the Federal and State governments.
  • Agriculture - As is the case in other sectors, energy sector employees spend a lot on food which props up the agricultural sector.
  • Construction - With the massive construction projects needed in the energy sector, the construction sector gains massively from interacting with the energy sector.
3 0
3 years ago
Beranek Corp has $720,000 of assets (which equal total invested capital), and it uses no debt—it is financed only with common eq
lozanna [386]

Answer:

firm must borrow $288000 to achieve the target debt ratio

Explanation:

given data

assets = $720,000

debt to total capital ratio = 40%

to find out

How much must the firm borrow to achieve the target debt ratio

solution

we get here debt here by Debt to Total capital ratio that is express as

Debt to Total capital ratio = Debt ÷ (  Debt + Equity  )   ....................1

put here value we get debt

0.40 = \frac{debt}{720000}

debt = $288000

so firm must borrow $288000 to achieve the target debt ratio

7 0
3 years ago
Under which market structure does the action of one firm have a spillover effect on the decisions of other firms?
irina [24]

I believe the answer is: Monopoly

In monopoly, the power to determine the price of a certain type of product fall to the hands of a single company. Which means, every single actions that made by this company would force other firms to conform since they do not possess enough resources to challenge this controlling company.

5 0
4 years ago
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