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Bingel [31]
3 years ago
7

​_____ pricing means that the firm charges a​ high, premium price for its new product with the intention of reducing it in the f

uture in response to market pressures.
Business
1 answer:
Luden [163]3 years ago
3 0

<u>Full question:</u>

​_____ pricing means that the firm charges a​ high, premium price for its new product with the intention of reducing it in the future in response to market pressures.

A. Skimming

B. Captive

C. Promo

D. Value

<u>Answer:</u>

Skimming pricing means that the firm charges a​ high, premium price for its new product with the intention of reducing it in the future in response to market pressures.

<u>Explanation:</u>

Price skimming is a commodity pricing approach by which a firm prices the most expensive initial price that consumers will spend and then reduces it over time. As the request of the first customers is filled and the race begins the market, the firm reduces the price to pull another part of the population.  

Price skimming is usually practiced when a distinct type of product penetrates the market. The purpose is to collect as much income as feasible while consumer request is high and race has not joined the market.

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16. According to data from the U.S. Department of Energy, sales of the fuel-efficient Toyota Prius hybrid fell from 194,108 vehi
Westkost [7]

Answer:

0.22 and substitutes goods

Explanation:

The computation of the cross-price elasticity of demand using mid point formula is shown below:

= (change in quantity demanded ÷ average of quantity demanded) ÷ (percentage change in price ÷ average of price)  

where,  

Change in quantity demanded is

= Q2 - Q1

= 180,603 - 194,108

= -13,505

And, the average of quantity demanded is

= (180,603 + 194,108) ÷ 2

= 187,356

Change in price is

= P2 - P1

= $2.43 - $3.36

= -$0.93

And, the average of price is

= ($2.43 + $3.36) ÷ 2

= 2.895

So, after solving this, the cross - price elasticity is 0.22

Since the cross - price elasticity is positive that reflect the goods are substitutes to each other

4 0
3 years ago
As a result of monetary policy of the Fed, the dollar appreciated and the amount of exports decreased. Which of the following Fe
vodka [1.7K]

Answer:

D. A Fed sale of bonds to brokers and banks.

Explanation:

The sale of bonds to banks and brokers is a contractionary open market policy. Its objective is to check inflation by slowing down the rate of economic growth. When the Fed offer bonds to the markets at a higher interests rate, banks will prefer to buy the bonds than lending out money to household and firms.

Producers rely on banks to fund their operations. If they cannot obtains loans for production and growth, their output decreases. A decrease in output results in reduced exports.  Low production of US goods means a reduced supply to the international market. It means international buyers will be competing for fewer US products. As the markets compete for the few available products, they push the demand for the dollar up, causing it to appreciate in value.

6 0
3 years ago
You're a project manager in your company. an end user has suggested that everyone undergo extensive training to learn how to use
Sidana [21]

You're the project manager in your company. An end-user has suggested that everyone undergo extensive training to learn how to use a new system being developed. The next step you should take will be to analyze the impact of including the training in the project.

<h3>What is the role of the project manager?</h3>

The primary responsibility for designing, carrying out, overseeing, controlling, and wrapping up projects falls on project managers. The entire project scope, the project team and resources, the project budget, and the project's success or failure are all under their responsibility.

<h3>Is a project manager necessary?</h3>

Teams with project managers can divide a large undertaking into smaller, more manageable tasks. Project managers may manage their teams more effectively and respond to problems more quickly by dividing the project down into a clear sequence of assigned tasks, milestones, and deadlines.

Learn more about project team: brainly.com/question/19569405

#SPJ4

6 0
1 year ago
I was banned until I wasn't banned and I'm still here. How???
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Answer:

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7 0
3 years ago
Read 2 more answers
Why does the “rfm” rubric present the three key measures (recency, frequency, and monetary value) in that order?
snow_lady [41]

The order of the attributes in RFM conforms to the order of their importance in ranking customers. Recency is the most important factor. Recency alone won’t sort out your good customers from your new ones. You need frequency for that. Frequency measures the intensity of a customer’s relationship with your business. How much a customer spends on average or in total is the final measure of his or her monetary value.

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