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Sergio [31]
3 years ago
14

Price involves charging a high price for a product initially then lowering the price over time

Business
2 answers:
Gala2k [10]3 years ago
8 0
<span>Think of product when they first introduced in market. For ex. iphone introducet at the price of 700$. Since then, the price has dropped considerably even for a new model. The same is true for DVD, LCD, digital camera and many high-tech product.when company set a high intial price for the product the aim is to target a consumer who are willing to pay high price and buy product early. This way company recoup its investment in the product faster.</span>
Volgvan3 years ago
5 0

Events like this often occur in electronic products, which are initially very high priced in the market, but after they do another production or there are competitors who issue higher product specifications, the price of the product will go down from time to time.

<h2>Further Explanation </h2>

The selling price of mobile phones shows an increasingly expensive tendency from year to year. The price factor, along with market saturation and the lack of innovation, are the reasons Gartner's research institute predicts that the smartphone market will decline this year. According to Gartner, the number of smartphone shipments in 2019 will shrink by 0.5 percent, from 1.81 billion units in 2018 to 1.8 billion units.

Samsung Electronics Co Ltd reported a 56% second-quarter profit fell on Wednesday (7/31/19). That was caused by weak chip sales and lower semiconductor prices due to oversupply.

However, Samsung also claimed to face quite a lot of uncertainty that came up constantly in the memory and cellphone business in the second half of this. Samsung did not reveal its type of uncertainty on Wednesday, but the company said earlier that a trade war between China and the United States (US) had nearly its earnings.

Meanwhile, the cellphone business posted a profit of 1.6 trillion won quarterly, down 42% from a year ago, Samsung said. This is caused by a decrease in sales of its flagship model and an increase in marketing costs.

Learn More

Decline in gadget prices  brainly.com/question/6979945

Sample case  brainly.com/question/6979945

Details

Class: Middle School

Subject: Business

Keyword: prices, decline, smartphone

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Answer:

A client who has cancer and is receiving TPN. The following lab findings indicate the treatment is effective:

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Explanation:

  • TPN stands for total parental nutrition. It is a method of giving nutrition to a person in which nutrients are given to the vein in order to bypass the gastrointestinal tract because that person is unable to take food through mouth.
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4 years ago
The price of compact fluorescent light bulbs fell because of improvements in production technology. As a result, the demand for
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Answer:

c. The statement is false because the demand for incandescent light bulbs would increase as the price of compact fluor. light bulbs fell.

Explanation:

If improvements in production technology reduce the price of incadescent light bulbs, the normal thing that would happen is that demand for this good would increase, because now people will be able to buy the good at a lower price.

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3 years ago
On a per unit basis, economic profit can be determined as the difference between:
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<span>The product price and the average total cost determines the profit. If a company is charging a higher price than the per-unit cost, then they are earning a profit on that item. If they increase the price with everything else remaining constant, their profit increases. The opposite happens when they lower the price, all else held constant.</span>
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4 years ago
Sadler Corporation purchased equipment to be used in manufacturing. The purchase was made at the beginning of 2015 by paying cas
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Answer:

The journals entry to record depreciation on the equipment for 2016 will be:

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Explanation:

Under straight-line method, depreciation expense is (cost - residual value) / Estimated useful life = ($150,000 - $10,000) / 10 years = $14,000 yearly depreciation expense. This applies to Years 2015 and 2016.

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Answer:

$2917.50

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