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oksano4ka [1.4K]
2 years ago
6

Read the following examples. Determine the type of differential or new-product pricing used as the pricing strategy.

Business
1 answer:
Mnenie [13.5K]2 years ago
5 0

pricing used as the pricing strategy

<h3>What is pricing strategy?</h3>

When selling a product or service, a company can employ a number of pricing strategies. Senior executives must first identify the company's pricing position, pricing segment, pricing capability, and competitive pricing reaction strategy in order to determine the most effective pricing strategy for the company.

Depending on the industry and business model, value-based, competition-based, cost-plus, and dynamic pricing are all common pricing models.

A pricing strategy is a model or method for determining the most competitive price for a product or service. It assists you in determining prices that maximize profits and shareholder value while taking consumer and market demand into account.

To know more about pricing strategy follow the link:

brainly.com/question/20927491

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8 0
3 years ago
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The aggregate demand and aggregate supply model is a useful simplification of the macroeconomy used to explain short-run fluctua
lys-0071 [83]

Answer:

QUESTION 1:

The horizontal axis measures an economy's real GDP- 3

QUESTION 2:

As price level rises, imports become relatively cheaper than domestically produced goods- 1

Explanation:

QUESTION 1

The horizontal axis of the aggregate demand and aggregate supply measures an economy's real GDP. The GDP is the sum of all the final goods and services produced in the economy while the vertical axis of an aggregate supply and aggregate demand diagram measures the price index level.

QUESTION 2

When domestic interest rate is low compared to foreign interest rates, domestic investors invest in foreign countries where return on investments is higher. Increased outflow of currency to foreign countries, causes a decrease in real exchange rate. This decrease, increases net exports. This then, increases aggregate demand. As the price level drops, interest rates fall, investment in foreign countries becomes increased, real exchange rate falls, net exports increases and the aggregate demand then increases.

7 0
4 years ago
Charging higher prices to residential customers than to industrial customers is an example of A. ​second-degree price discrimina
NikAS [45]

Answer:

The correct answer is D

Explanation:

Third Degree Price Discrimination is the kind of the discrimination, which occurs when the company charges a different price to the different groups of consumers.

For example, the movie cinema or theater might divide or categorize the moviegoers into children, seniors and adults, while each of them will pay a different price when watching the same movie.

So, in this case, that the residential customers are charged higher prices to industrial customers, which is an example of third degree price discrimination.

3 0
4 years ago
Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of oper
Olin [163]

Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations:

Variable costs per unit:                        

Manufacturing:

Direct materials                                               $ 6

Direct labor                                                      $ 9

Variable manufacturing overhead                 $ 3

Variable selling and administrative                $ 4  

Fixed costs per year:

Fixed manufacturing overhead                      $ 300.000

Fixed selling and administrative                     $ 190.000

During the year, the company produced 25,000 units and sold 20,000 units. The selling price of the company's product is $50 per unit.

The four steps of writing an income declaration are: to identify sources of sales, in addition to profits from investments, for an instance pick out business enterprise prices and losses incurred over the same period. Consolidate sales, charges, profits, and losses by means of category, payee, or some other factor.

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7 0
2 years ago
For economic purposes in the united states, the working-age population does not include:_______
Minchanka [31]

For monetary purposes inside the USA, the running-age population does no longer include the civilian, noninstitutional population aged sixteen and over.

Working age' is normally described as 15 to 64 years. This definition is for example used for the 'vintage-age dependency ratio', with people aged 65 and over being labelled 'established'.

The labour pressure participation fees are calculated because the labour force is divided by the full working-age populace. The working age populace refers to people aged 15 to sixty-four. This indicator is damaged down by using age organization and its miles measured as a per cent of every age institution.

A number of the opposite discounts are in all likelihood because of out-migration during the pandemic. however, in regards to the shrinkage within the pool from which we could pull a staff, the primary purpose is demographics. greater human beings are passing into retirement age than are getting into running age.

The working-age populace is the entire populace in an area this is considered capable and possibly to paintings based on the number of people in a predetermined age variety. The working-age population degree is used to provide an estimate of the overall number of capable employees within an economic system.

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6 0
2 years ago
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