1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
A mirror should be centered on a wall. The mirror is 4 feet wide and the wall is 20 feet wide. Which equation helps determine th
andriy [413]

Answer:

A).  x + 4 + x = 20

<u>Multiple-choices</u>

A).  x + 4 + x = 20

B).  4 + x + 4 = 20

C).  x = 20 + 4 + 4

D).  4 = 20 + x + x

Explanation:

The mirror will be in the middle of a wall which is 20 feet wide.

If the mirror is 4 feet, then 4 will be in the middle.

X will be on either side of the 4feet mirror.

Therefore:

x + 4 + x =20

6 0
3 years ago
Journalize the following sales transactions for Salem Sportswear. Explanations are not required.
elixir [45]

Answer:

Aug. 1

Trade Receivable $69,000 (debit)

Cost of Sales  $38,000 (debit)

Sales Revenue $69,000 (credit)

Inventory  $38,000 (credit)

Aug 5

Sales Revenue  $3,500 (debit)

Inventory  $1 ,750 (debit)

Trade Receivable  $3,500 (credit)

Cost of Sales  $1 ,750 (credit)

Aug 10

Cash $63,535 (debit)

Discount allowed $1,965 (credit)

Trade receivable $65,500 (credit)

Explanation:

Aug 1

Recognize the Cost of Sale and the Assets of Trade Receivables.

Aug 5

De-recognize the Cost of Sales and Assets of Trade receivables to the extent of the goods that were returned.

Aug 10

Recognize the Cash Asset received less the cash discount of 3 % and also recognize the discount allowed expense to the amount of discount allowed.

8 0
2 years ago
Consider a product with a daily demand of 400 units, a setup cost per production run of $100, a holding cost per unit of $24.00,
Sedaia [141]

Answer:

a 1,560 units

b 780 units

c 390 units

d $18,720

e $9,360

Explanation:

Given that;

Production = 292,000

Daily demand , d = 400

Annual demand , D = 400 × 365 = 146,000

Production rate , P = 292,000 ÷ 365 = 800

Set up cost , Cs = $100

Holding cost , Ch = $24

a. What is the production order quantity

= √2 * D * Cs / CH × (p / p - d)

= √ 2 * 146,000 * 100/24 × (800/800-400)

= √1216666.6667 × 2

= √2433333.3334

= 1559.91

=1,560 units approximated.

b. What is the maximum inventory on hand

= EPQ × [ 1 - (d÷p) ]

= 1,560 × [ 1 - (400 ÷ 800) ]

= 1,560 × 0.5

= 780 units

c. What is the average inventory

= Maximum inventory ÷ 2

= 780 ÷ 2

= 390 units

d. What are the total holding costs

= EOQ/2 * Holding cost

= 1,560/2 * 24

= 780 *24

= $18,720

e. What does it cost to manage the inventory

= Holding cost * (Maximum inventory ÷ 2)

= 24 * (780 ÷ 2)

= 24 * 390

= $9,360

8 0
2 years ago
Why are capital appreciation bonds (CABs) a controversial way for local governments to finance projects?
denis-greek [22]

Answer:

See explanation section

Explanation:

Municipal security from which an investor will receive a return on investment from an initial principal is called a capital appreciation bond. However, in this security, the return on investment will be reinvested further until the security matures at a specific rate. The primary purpose of the CABs is to permit the local authority to generate revenue. Due to the financing in the innovative project without increasing the tax is one of the controversial ways for local governments to finance projects. Another controversial way is to owe investors more than what they acquired.

8 0
3 years ago
Assume these events happened to Bakko, Inc. in Year 4. Bakko uses December 31 for the annual reporting period. At the beginning
aleksandr82 [10.1K]

Answer:

1. Gain of $12,000 on sale of some equipment from one of the gas stations that Bakko still owns at 12/31/Year 4.  - <u>Part of income from continuing operations.</u>

The gas station is still owned by Bakko so the gain received will form part of income from continuing operation.

2. Bakko receives $5,000 for a fuel contract that will begin in Year 5.  - <u>Not part of net income for Year 4</u>

As per the Revenue Recognition principle of Accounting, revenue is only to be recorded when earned which means that this revenue will be in the Year 5 income.

3. Bakko has $100,000 gain on the sale of the gas stations on May 1, Year 4.  - <u>As a discontinued operation.</u>

The gas station has been sold and so is a discontinued operation.

4. Operating results through April 30,Year 4 for the gas stations that were sold.  -<u> As a discontinued operation.</u>

The gas station has been sold and so is a discontinued operation. Will be reported in the Income statement as such.

5. Bakko has a $20,000 loss on the sale of the donut stores on October 1. - <u>As a discontinued operation. </u>

The donut store was sold and is no longer a part of Bakko so is a discontinued operation.

6 0
3 years ago
Other questions:
  • Which of the following types of accounts have a normal credit balance? a.Capital and drawing b.Assets and liabilities c.Revenues
    13·1 answer
  • Which arrangement represents a long-term company-wide incentive plan that provides employees with the option to purchase ownersh
    10·1 answer
  • LaRoe Lawns’ inventory increased during the year by $6.7 million. Its accounts payable increased by $6.6 million during the same
    12·1 answer
  • A licensee using a franchise trade name, or advertising as a member of a cooperative group, must clearly and unmistakably indica
    7·1 answer
  • What type of interest group seeks the betterment of society as a whole or the reform of the political, social, or economic syste
    8·1 answer
  • Contrast the actions a central bank would take to increase the quantity of money in the economy with the actions it would take t
    8·1 answer
  • The following information is available for the pension plan of Swifty Company for the year 2020.
    8·1 answer
  • What tool is used to easily clean metal scales, old paints and rust​
    13·1 answer
  • Help plzzzzzzzzzzzz! I need help with this
    6·2 answers
  • The unemployment rate in a town in which 65,400 persons are in the labor force and 11,000 are unemployed equals:_____.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!