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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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The internet enables people to make better economic decisions because they can do which of the following?
faltersainse [42]

<u>Answer:</u>

<em>The practice of buying and selling goods and services over the internet is known as E-Commerce</em>

<u>Explanation:</u>

E-commerce is otherwise called electronic trade or web business. Exchange of cash, assets, and information is likewise considered as E-business. These business exchanges should be possible in four different ways:  

Business to Business (B2B), Business to Customer (B2C), Customer to Customer (C2C), Customer to Business (C2B).Any variety of the spelling is right, and everything portrays a similar demonstration of performing business by means of the web.

3 0
3 years ago
Read 2 more answers
What is it called where consumers react to rising prices by consuming less of a good and more of it's competitors?
adelina 88 [10]

Answer:

Substitute Effect

Explanation:

When a product's price increases, it becomes relatively expensive compared to its alternatives. The high price will encourage consumers to choose other goods that are relatively cheaper. Consequently, the price increase reduces the demand for the product while increases the demand for its substitutes.

The substitution effect describes how consumption is affected by an increase or a decrease in a product's price.

6 0
3 years ago
Historically the stock market goes up when there is bad news on unemployment. The latest statistics show the unemployment rate i
Evgesh-ka [11]

Answer: C. The stock market now

Explanation:

The Argument target refers to the subject of the discussion in question. The speaker in question is attempting to explain why it would be a good time to buy stocks in the present which concerns the stock market today making it the subject.

The speaker does this by calling into evidence, the correlations between variables in the past and showing that with one variable ( high unemployment) currently in effect, the other variable (increasing stock prices) which it correlates with therefore has a chance of happening in the present.

7 0
3 years ago
Vivi Corporation had net income of $401,000 in 2015. The company's Common Stock account balance all year long was $267,000 ($10
Leto [7]

Answer:

2.23 is the price earnings ratio.

Explanation:

Firstly we must find the Earnings per share for this problem as it is needed to calculate the price earnings ratio so earnings per share = (Net income)/(Number of shares outstanding).

we are given net income of $401000 then to obtain number of shares outstanding for 2015 are $267000/$10 as we saw the company's common stock account balance all year long was that value of which each share has a par value of $10, then we get outstanding shares which are 26700 now we calculate the earnings per share (EPS) by using the above formula with substituting the above mentioned values :

Earnings Per Share= $401000/26700

                              = $15.01872659

now we will use the Price Earnings Ratio formula which is

Price Earnings Ratio = (current share price)/(earnings per share )

we have been given a current share price of $33.50 now we will use the earnings per share which was calculated above.

Price Earnings Ratio = $33.50/$15.01872659

                                   = 2.230548628 then we round off the answer to two decimal places

Price Earnings Ratio = 2.23

4 0
3 years ago
When the consumer price index falls, the typical family has to spend fewer dollars to maintain the same standard of living.
mel-nik [20]

A. True

The CPI is a measure of the cost of a "basket" of typical consumer goods, so if the cost of these goods goes down most families will spend less on average.

6 0
3 years ago
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