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DENIUS [597]
3 years ago
13

If the manufacturer of a sophisticated new consumer electronics product determines that many target consumers qualify as "innova

tors" and "early adopters" with relatively inelastic demand curves, the company should use the ________ pricing strategy.A) gray marketB) skimmingC) penetrationD) market holdingE) cost-based
Business
1 answer:
valentina_108 [34]3 years ago
4 0

Answer:

B. skimming pricing strategy

Explanation:

Skimming pricing strategy -

It refers to the strategy of reducing the price of the goods and services over the period of time , is referred to as skimming pricing strategy .

In the initial time of the product launch , the demand of the product is very high and hence the price is also high .

But as the time passes by , the demand for the product reduces , and hence the price also reduces .

Hence , from the given scenario of the question ,

The correct option is B. skimming pricing strategy .

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You can check your credit and you can us it for the car u want ,

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aaron is earning 5% interest on his savings account. he starts with $5,000.00. how much money will he have in 6 months?
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Answer:

I think the answer is $1,500.

Explanation:

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2 years ago
The epa is planning to stiffen the requirements for cleaning pollutants from the stacks of? coal-fired electricity generating? p
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8 0
3 years ago
GoSnow sells snowboards. Each snowboard requires direct materials of $128, direct labor of $53, and variable overhead of $63. Th
Fofino [41]

Answer:

Unitary selling price=  $304.93

Explanation:

Giving the following information:

Unitary variable costs:

direct materials of $128

direct labor of $53

the variable overhead of $63.

Fixed costs:

The fixed overhead costs of $301,000

Fixed selling and administrative costs of $229,000

The company has a target profit of $189,800.

Units sold= 11,800 snowboards

First, we need to calculate the total contribution margin required:

Contribution margin= net profit + total fixed expense

Contribution margin= 189,000 + (301,000 + 229,000)

Contribution margin= $719,000

Now, we calculate the total variable expense:

Total variable cost= 11,800* (128 + 53 + 63)

TVC= 2,879,200

Finally, we calculate total sales and the unitary selling price:

Total sales= contribution margin + total variable cost

Total sales= 719,000 + 2,879,200= 3,598,200

Unitary selling price= 3,598,200/11,800= $304.93

6 0
3 years ago
Accounting records for NIC Enterprises (NICE) for September show the following (each entry is the total of the actual entries fo
Lana71 [14]

Answer: $263,000

Explanation:

Based on the information given, the finished goods inventory on September 30 will be calculated as:

= Begining inventory + Transfers in - Transfers out.

= $203000 + $1,770,000 - $1,710,000

= $263,000

Therefore, finished goods inventory on September 30 was $263,000

4 0
3 years ago
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