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
Anna11 [10]
2 years ago
10

When there is low competition, firms can use a price strategy to recover research and development costs and make as much profit

as possible.
Business
1 answer:
aliina [53]2 years ago
7 0

When a market is experiencing low competition, firms can recover research and development costs by using a skimming price strategy.

<h3>What is a skimming price strategy?</h3>

This refers to when companies sell goods at a high price because there isn't much competition.

As other suppliers enter the market and the competition increases, the companies will then reduce their prices.

Find out more on skimming prices at brainly.com/question/14228569

#SPJ1

You might be interested in
Wytes Pharmaceuticals wants to shift its list of inventory to a cloud so that its different branches can access it easily. The c
weeeeeb [17]

Answer:  A public cloud

     

Explanation: The public cloud is described as processing resources that are provided through the wider internet by third-party suppliers, allowing them access for anyone who chooses to have or buy them. These can be complimentary or on-demand priced, enabling consumers to pay for the CPU cycles, storage, or connectivity these use only per use.

The biggest difference between private and public servers is that you're not responsible for maintaining a public cloud computing solution. Your information is stored in the server farm of the supplier and the data center is owned and controlled by the provider.

7 0
3 years ago
When don was faced with the problem of fixing the faucet in his kitchen, he suddenly realized that he didn't have to hire a cost
Aliun [14]
This example illustrates INSIGHT. A person is said to have an insight when a solution to a problem present itself to him or occur to him suddenly. Insight refers to the sudden discovery of a perfect solution after trying unsuccessfully to fix a problem.
3 0
3 years ago
Julie is looking to sell her flower shop. She should hire a(n) _____ to help her find a buyer and negotiate the sale.
Alchen [17]

Answer:

B is the answer for the question

8 0
3 years ago
Real GDP per capita is not a perfect measure of the well-being of a country's individual citizens because: Instructions: You may
nasty-shy [4]

Answer:

it does not measure quality-of-life factors ; it does not account for distribution of wealth ; it fails to measure non monetary (home production) activities

Explanation:

Real GDP is the total value of goods & services produced in an economy, during a period of time. But it is not correct measure of welfare level.

  • It does not measure non monetary production, like hobby production eg kitchen gardening, self made paintings, music. But, they increase welfare
  • It does not take into consideration the qualitative factors affecting welfare like pollution, crime & literacy. Externalities cause extra benefit or harm to welfare level, but are excluded from GDP.
  • Inequitable distribution of  per capita (average) GDP increases rich poor standard of living divide. So, the distribution effect ignored make GDP an inapt measure of average welfare level.

Real GDP adjusts the value of goods & services for price change (Inflation), it is a correct measure of increase in real flow of goods & services. GDP & health positive correlation is a favouring point for GDP as a measure of welfare. So, these options are incorrect.

4 0
3 years ago
Walker's has a price-earnings (PE) ratio of 16 compared to its industry average of 17. Generally speaking, which one of these st
Snowcat [4.5K]

Answer:

Walker's did not outperform because it PE Ratio is close to Industry average. Industry's data is based on average which means some of the firms may have very high PE ratio and some might have quite lower than the average. It is not obvious that the Walker's outperformed or under-performed. Complete data about the individual firms might make us able to compare the performance of Walker's. Apparently its performance is up to the mark as its PE ratio is very close to Industry average.

Explanation:

<u>PE Ratio</u> is a term which show the investors confidence on the firm. It shows that how much price investors are willing to pay against each unit of earning.

4 0
3 years ago
Other questions:
  • In a game, a dominant strategy is a. the best strategy for a player to follow only if other players are cooperative. b. a strate
    5·1 answer
  • Garfield Company produces a commercial cleaning compound called Super Scrub. The direct materials and direct labor standards for
    5·1 answer
  • 1. Marty and Jean are married and have 4-year-old twins. Jean is going to school full-time for 9 months of the year, and Marty e
    6·1 answer
  • A security firm is offered $80,000 in one year for providing CCTV coverage of a property. Thecost of providing this coverage to
    6·1 answer
  • When a principal is unidentified Group of answer choices the agent and principal will be jointly and severally liable on the con
    12·1 answer
  • Sustainability programs often find their success beyond company boundaries, thus ______ systems and _____ metrics cannot capture
    6·1 answer
  • Top Sound International designs and sells high-end stereo equipment for auto and home use. Engineers notified management in Dece
    13·1 answer
  • A company has developed a new smart clock. If the clock is successful, the present value of the payoff (at the time the product
    15·1 answer
  • When an existing contract is replaced with an entirely new contract , it is called
    10·1 answer
  • How do you think the benefits will help the firm before they<br> engage in I.M?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!