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kondaur [170]
1 year ago
14

A(n) _____ strategy is appealing because it attracts two distinct market segments: those who are not price sensitive along with

more price-sensitive customers.
Business
1 answer:
Charra [1.4K]1 year ago
8 0

A(n) <u> high pricing </u>strategy is appealing because it attracts two distinct market segments: those who are not priced sensitive along with more price-sensitive customers.

Price sensitivity can be broadly defined as the degree to which demand changes when the price of a product or service changes.

The price sensitivity of a product depends on how important the price is to consumers compared to other purchasing criteria. Some people value quality over price, making them less sensitive to price. For example, customers looking for high-end products are usually less price-sensitive than bargain hunters. So you are willing to pay more for high-quality products.

In contrast, more budget-conscious people may be willing to compromise on quality. These people don't spend much on things like brand names, even if they are of higher quality than common home-branded products.

Learn more about Price -sensitivity here: brainly.com/question/1153322

#SPJ1

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Monopoly power runs counter to the public interest because it leads to high prices, resource misallocation, and inefficiency. An
Stells [14]

Answer:

C. The Robinson–Patman Act of 1936

Explanation:

The Robinson-Patman Act of 1936 is an amendment to The Clayton Act of 1914, which particularly prohibits price discrimination. Price Discrimination is an act in which distributors or sellers of certain goods, give discounts to people who they seem to benefit more from while smaller shops buy the goods at a costlier price.

The instance where the major tire manufacturer has an agreement to make a price discount with the manufacturer of truck tires is an example of price discrimination, and the consequence is that other markets are affected as they now exit the market. This is a clear contravention of the Robinson-Patman Act of 1936.

6 0
3 years ago
One of the BEST methods for ensuring that a negotiation proceeds along substantive lines is to frame the discussion around:
Daniel [21]

Answer: Objective criteria. The correct answer is C.

Explanation:

By using objective criteria, this helps to ensure the best way that the negotiation will proceed along the lines of the discussion. Mangers will use negotiation to influence his productivity in his/her department. They will be able to avoid excessive interface by negotiating for more money and time.  

Objective criteria is when real and factual information is used at work, with police, or even during a loan process. This is most often used when a third party is involved in the negotiation process. The third party will know the relevant information related to negotiation and will be able to give clear and precise information to all parties involved.

5 0
3 years ago
A public works department in a metropolitan area is looking into buying a major equipment to enhance productivity. The initial c
NARA [144]

Answer:

B. The payback is approximately three years

Explanation:

The computation of payback period for this equipment purchase is shown below:-

<u>Year              Cash flow          Cumulative cash flow</u>

0                   -$600,000             -$600,000

1                     $250,000              -$350,000

2                    $200,000              -$150,000

                 ($250,000 - $50,000)

3                    $150,000                  0

                 ($200,000 - $50,000)

4                    $100,000                $100,000

                  ($150,000 - $50,000)

5                    $50,000                  $150,000

         ($100,000 - $50,000)

Here, Cumulative cash flow in the year o is -$600,000 and as we can see that cumulative cash flow in year 3 is 0.

Therefore the payback period lies in 3 years.

7 0
3 years ago
Company X had net income of $200,000 in the year 2016. At the beginning of 2016, there were 500,000 shares of outstanding common
EleoNora [17]

Answer:

Basic earning per share $0.21 per share

Explanation:

Basic Earning per share = ( Net Income - Preferred stock dividend ) / Weighted Average outstanding shares

Basic Earning per share = ( $200,000 - $50,000 ) / 700,000

Basic Earning per share = $150,000 / 700,000

Basic Earning per share = $0.2143 / share

Weighted average Outstanding shares = 500,000 + 200,000

Weighted average Outstanding shares = 700,000 shares

5 0
3 years ago
An example of a risk is _____. <br> taxes <br> insurance<br> an employee injury<br> rent
andre [41]
I believe the answer is: Injury
Risk refers to the danger or negative outcomes that arise when we decided to follow a certain decision.
From the options above, taxes and rent are considered as Obligations rather than a risk.
And insurance is considered as risk management, not the risk itself.
7 0
3 years ago
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