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marusya05 [52]
3 years ago
6

Which of the following represents a starting point for​ long-run pricing​ decisions? A. Opportunistic​ pricing, which is based o

n demand and competition. Prices are decreased when demand is weak and competition is strong and increased when demand is strong and competition is weak. B. ​Cost-based pricing, which​ asks, "What does it cost us to make this product​ and, hence, what price should we charge that will recoup our costs and achieve a target return on​ investment?" C. ​Market-based pricing, an important form of which is target pricing. The​ market-based approach​ asks, "Given what our customers want and how our competitors will react to what we​ do, what price should we​ charge?" D. Both B and C are correct.
Business
1 answer:
Hunter-Best [27]3 years ago
6 0

Answer:

​Market-based pricing, an important form of which is target pricing. The​ market-based approach​ asks, "Given what our customers want and how our competitors will react to what we​ do, what price should we​ charge (C)

Explanation:

Option A- False . This is a short-run pricing approach and it is not sustainable

Option B- False. This is an internally focused approach to pricing because no consideration is given to the price customers are willing to buy and competitors' price.

Option C- True. This is a long-run pricing approach because it is externally focused and give consideration to what is obtainable in the market.

Option D- False.

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xenn [34]

Ski Market sells snowboards. Ski Market knows that the most people will pay for the snowboards is $129.99. Ski Market is convinced that it needs a 45% markup based on cost. The most that Ski Market can pay to its supplier for the snowboards is $71.49.

Explanation:

  • people will pay for the snowboards is $129.99.
  • Ski Market is convinced that it needs a 45%
  • The most that Ski Market can pay to its supplier for the snowboard is
  • = \frac{129.99}{100}×45
  • =$ 58.5
  • =129.99 ±58.5
  • = $71.49
  • Therefore,  Ski Market can pay to its supplier for the snowboards is $71.49.

3 0
3 years ago
The following information is provided for each division. Investment Center Net Income Average Assets Cameras and camcorders $ 6,
kotegsom [21]

Answer and Explanation:

The calculation of the residual income for each division is given below:

<u>Target Income    Cameras & Camcorders Phones & Comm Computers & Acc. </u>

Average Assets $20,600,000         $21,500,000               $16,600,000

Target Return                14%                       14%                              14%

Target Income        $2,884,000           $3,010,000                  $2,324,000

<u>Residual Income    Cameras & Camcorders Phones & Comm Computers & Acc.</u>

Net Income              $6,800,000               $3,010,000           $1,100,000

Less: Target Income  $2,884,000           $3,010,000            $2,324,000

Residual Income       $3,916,000              $0                         -$1,224,000

6 0
3 years ago
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Such a contract is normally voidable by a party who does not wish to follow through with it.

Voidable Contract: A formal agreement between two parties that is voidable can become unenforceable for a variety of legal reasons, such as: failure to reveal a crucial truth by one or both parties. a blunder, false statement, or fraud. excessive pressure or coercion.

A contract involving a minor is an illustration of one that is voidable. Although minors are able to sign contracts, they are also free to choose to break them without facing any consequences.

fraud, deception, misrepresentation, and coercion. A contract may be voidable if permission was obtained for it in one of several dubious methods. The party who was the victim of unfairness has the right to revoke contracts that were made as a result of force, threats, lies, or inappropriate influence.

What are the effects of a contract that can be voided?

If a party to a voidable contract has received anything from another party under that contract, that party must return that thing, to the extent possible, to the person from whom it was obtained.

To learn more about Voidable Contract, visit the following link:

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6 0
1 year ago
Which of the following is NOT an individual characteristic influencing consumer behavior? A) culture. B) attitudes. C) task defi
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Answer:

D

Explanation:

7 0
3 years ago
Can someone pls solve 2.10 for me ?
frozen [14]

Answer:

A, B, F

Explanation:

3 0
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