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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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Jake manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash. On payday, he immediately g
poizon [28]

Answer:

The given condition is an example of:

A. Menu costs

Explanation:

In the given question mentioning data is that

Jake is been managing a grocery store in any country which is experiencing high rate of inflation. He is mentioned to be paid in cash.

On his very payday he went outside immediately and bought as many goods as he could for himself as he was going to get his pay today and was needing those items.

So, he thought of buying all the items he is needing as for the next two weeks  in order of prevention of the money in his wallet from losing value due to high inflation rates.

And at last what he couldn't spend on buying for all that amount he converted that amount into most stable foreign currency for being used as a steep fee.

So all this were an example of :

A. Menu costs

7 0
3 years ago
If a person wants to start a business but limit the amount of liability he is responsible for, a _____________ would be most app
vladimir1956 [14]
He is responsible for a sole partnership
3 0
3 years ago
Mio was transferred from New York to Germany. He lived and worked in Germany for 340 days in 2020. Mio's salary for 2020 is $190
vfiekz [6]

Answer:

Mio's foreign earned income exclusion is $99,960

Explanation:

The calculation of the Mio's foreign earned income exclusion is given below:

The foreign earned income exclusion limit for 2020 is $107,600

Now the foreign earned income exclusion depend on days equivalent to

=  Foreign earned income exclusion limit × (2020 days ÷ total number of days in a year)

= $107,600 × (340 days ÷ 366 days)

= $99,960

Hence, Mio's foreign earned income exclusion is $99,960

7 0
3 years ago
Q 8.3: When would a credit card holder be entitled to lower interest charges? A : When the card company calculates finance charg
Yanka [14]

Answer: Option  C  

       

Explanation: The given question relates to the concept of time value of money which in simple words states that the value of money decreases over time. The value of a dollar today will be less than tomorrow.

Hence if a card holder gets grace period to pay the interest before the interest accrues than it means he actually gets to pay lower interest that he could have paid before.

Hence from the above we can conclude that the correct option is C.

5 0
3 years ago
Using the dividend growth model, explain why a firm would be hesitant to reduce the growth rate of its dividends.
Anna007 [38]

Answer:

If a firm decreases its sustainable growth rate (g), the price of their stock will probably decrease. I will use the following example:

P₀ = Div₁ / (Re - g)

  • Div₁ = $2
  • Re = 12%
  • g = 5%

P₀ = $2 / (12% - 5%) = $28.57

if the growth rate g decreases to 2%, and the rest remains unchanged, then

P₀ = $2 / (12% - 2%) = $20

4 0
3 years ago
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