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vaieri [72.5K]
1 year ago
11

when microwave ovens were in the introduction stage of their product life cycle, some consumers were willing to pay exorbitant p

rices for these innovative ovens. taking advantage of this strong consumer desire, marketers set the price for microwave ovens at the highest initial price possible. marketers of microwave ovens used a pricing strategy. group of answer choices e. bundle d. price lining a. skimming b. penetration c. prestige
Business
1 answer:
tekilochka [14]1 year ago
5 0

When microwave ovens were in the introduction stage of its product life cycle, some consumers were willing to pay exorbitant prices for these innovative ovens. Taking advantage of this strong consumer desire, marketers set the price for microwave ovens at the highest initial price, and customers with a very strong desire for the product were willing to pay. Marketers of microwave ovens used a <u>a. skimming</u> pricing strategy.

<h3>What does a skimming pricing strategy consist of?</h3>

Skimming is a pricing strategy that establishes a high initial price in the launch of a new product. The purpose is to increase the perception of the brand, create a competitive advantage, and generate sales revenue that allows for covering the initial expenses more quickly. The price decrease when the product enters the maturity and decline phase.

This strategy is used in the technology and innovation sectors because consumers are more interested in investing in the latest technology products.

To learn more about skimming pricing strategy, click here:

brainly.com/question/29666800

#SPJ4

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Youngston Company (a Massachusetts employer) wants to give a holiday bonus check of $750 to each employee. Since it wants the ch
stepan [7]

Answer:

Gross bonus=$1,148.54

FIT=252.68

OASDI=71.21

HI =16.65

MASS. TAX=58.00

Explanation:

Calculation for the withholding taxes and the gross amount of the bonus

Calculation for gross amount of the bonus

Gross amount of the bonus= [$750/ (1- 0.22 - 0.062 - 0.0145 - 0.0505] - 0.01

Gross amount of the bonus= [$750/ (0.78 - 0.062 - 0.0145 - 0.0505] - 0.01

Gross amount of the bonus= [$750/ 0.653] - 0.01

Gross amount of the bonus=1,148.545-0.01

Gross amount of the bonus=$ 1,148.54

Therefore the Gross amount of the bonus will be $ 1,148.54

Calculation for the withholding taxes

FIT =1148.54 * 22%

FIT=252.68

OASDI= 1148.54 * 6.2%

OASDI=71.21

HI=1148.54 * 1.45%

HI =16.65

MASS. TAX =1148.54 * 5.05%

MASS. TAX =58.00

NET 750.00

[$1,148.54-(252.68+71.21+16.65+58.00)]

Therefore the withholding taxes are:

FIT=252.68

OASDI=71.21

HI =16.65

MASS. TAX = =58.00

7 0
3 years ago
A firm considers its regular warranty liability to be an existing liability of uncertain amount. At year-end, the firm estimates
kakasveta [241]

Answer:

$40 and $20

Explanation:

Based on the information provided within the question it can be said that in this scenario there would be two sets of standards. The first would be the international accounting standards which recognizes the midpoint of the range, which in this case is $40. While the second is the U.S standard which recognizes the low point of the range, which in this case is $20.

5 0
3 years ago
Read 2 more answers
Someone plz help me tell me what kind of dogs are they and how much are they gonna grow up!
const2013 [10]

•.¸¸♪✺ Hello. ✺•.¸¸♪

☆━━━━━━━━━━━━━━━━━━━━━━━━━━☆

TanakaBro is here to hel^{p}:

♡━━━━━━━━━━━━━━━━━━━━━━━━━━♡

I think you are holding both of these puppies, is a Toy fox terrier.

Plus, if you want to know how much they will grow up?

<h2>★ <u>EXPLANATION:</u></h2><h2 />

The toy fox terrier, will grow up of they height is: like 8.5, or 11.5 inches. And they weight will be 3.7 or to 7 pounds. And they life expectancy is: 13 to 15 years.

Sorry, I couldn't do a long Explanation...

Hope It Helped!

#LearnWithBrainly

Answer:

- TanakaBro

4 0
3 years ago
"A property has been assessed at $40,000. The city tax rate is 10 mills, the county tax rate is 9 mills, and the school board le
melamori03 [73]

Answer:

Amount saved by the owner is $225.

Explanation:

given,

the property has been assessed = $40,000

the city tax rate = 10 mills = 0.001

country tax rate = 9 mills = 0.009

school board levy = 9 mills = 0.008

owner gets homestead tax exemption of = ?

Homestead tax exemption is used to same money from paying tax on their property every year.

homestead tax exemption given is  $25,000

Money saved by owner = $25,000 homestead exemption × county tax rate

                                       = $25000 × 0.009

                                       = $ 225

Amount saved by the owner is $225.

3 0
3 years ago
The Sun Company manufactures a special line of graphic tubing items. The company estimates it will sell 75,000 units of this ite
Mashutka [201]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The company estimates it will sell 75,000 units of this item in 2008. The beginning finished goods inventory contains 20,000 units. The target for each year's ending inventory is 10,000 units.

1) <u>To calculate the budgeted units of production, we need to sum the sales of the period to the desired ending inventory and subtract the beginning inventory.</u>

Production budget= 75,000 + 10,000 - 20,000= 65,000 units

2)

Each unit requires five feet of plastic tubing. The tubing inventory currently includes 70,000 feet of the required tubing. Materials on hand are targeted to equal three month's production.

First, we need to calculate the ending inventory at years end:

ending inventory= (75,000/12)*3= 18,750 units

Purchases= production for the period + ending inventory - beginning inventory

Purchases= 65,000*5 + 18,750*5 - 70,000= 348,750 feet

7 0
3 years ago
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