Answer:
The correct answer is letter "C": market-skimming pricing.
Explanation:
A product price can be introduced using a<em> market penetration strategy </em>and <em>market-skimming pricing</em>. Market penetration pricing unveils a new product or service to draw buyers away from rivals at an initially low price. Market-skimming pricing is a technique that unveils a product that consumers can pay for it at the highest price. It helps to produce significant profits that will help a business recover production costs quickly.
Answer:
b.is the percentage change in quantity supplied divided by the percentage change in price.
Explanation:
Price elasticity of supply measures the degree of responsiveness of quantity demanded to price. It is a ratio of the percentage change in quantity supplied to percentage change in price.
Elasticity of supply can be elastic meaning an increase in price results in increase in demand.
It can also be inelastic meaning increase in price does not lead to a reasonable increase in supply.
Answer:
Total cash= $159,000
Explanation:
Giving the following information:
Sales:
January $120,000
February $180,000
March $150,000
40% of the sales are for cash and 60% are on credit.
For credit sales, 50% are collected in the month of sale, and 50% the next month.
Cash collection March:
Sales in cash= 150,000*0.4= 60,000
Sales on account:
From March= (150,000*0.6)*0.5= 45,000
From Fecruary=(180,000*0.6)*0.5= 54,000
Total cash= $159,000
Answer:
Transformation process.
Explanation:
When a line cook in a restaurant uses raw meat to cook a hamburger that becomes part of the restaurant's Super Burger Special, the cook is taking part in a transformation process.
A transformation process can be defined as the capabilities possessed by an organization, which are then integrated into technology, internal processes, and management, for the singular purpose of converting inputs into outputs in order to meet the needs or requirements of their customers.
In this scenario, the cook uses raw meat as an input in the creation of an output, which is the restaurant's Super Burger Special.
Answer: C drop in the bucket
Explanation: its the correct answer