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vredina [299]
3 years ago
5

Market-skimming prices make sense under the following conditions EXCEPT if ________. a. there is a sufficient number of buyers w

ith a need or want for the product b. the unit costs of producing a small number of units is high c. the product is a "me-too" and contains no new technology or points of difference d. the small market size and/or patent protection discourages competition from entering the market e. the high price communicates high value
Business
1 answer:
earnstyle [38]3 years ago
3 0

Answer:

c.

Explanation:

the product is a "me-too" and contains no new technology or points of difference

Price skimming is a pricing strategy in which a marketer sets a relatively high initial price for a product or service at first, then lowers the price over time

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similar to a stock split, a stock also distributes additional shares of stock to existing stockholders on a pro rata basis at no
Afina-wow [57]

Similar to a stock split, a stock <u>dividend</u> also distributes additional shares of stock to existing stockholders on a pro rata basis at no cost to the stockholders.

A stock split is a decision made by the board of directors of a firm to issue more shares to present owners in order to increase the number of shares outstanding.

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6 0
1 year ago
Revenue and expense data for Innovation Quarter Inc. for two recent years are as follows: Current Year Previous Year Sales $4,00
Ierofanga [76]

Answer:

See explanation section

Explanation:

See the image below

8 0
3 years ago
Sheffield Corp. is planning to sell 1070 boxes of ceramic tile, with production estimated at 800 boxes during May. Each box of t
Zarrin [17]

Answer:

Results are below.

Explanation:

Giving the following information:

Production= 800 boxes

Each box of tile requires 0.50 hours of direct labor.

Employees of the company are paid $17 per hour.

<u>First, we need to determine the number of hours required:</u>

Number of hours= 800*0.5= 400 hours

<u>Now, the total direct labor cost:</u>

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5 0
3 years ago
In addition to the positive welfare effects that free trade has on an economy, there are a variety of other benefits of internat
otez555 [7]

Increased competition.

Answer: Option 3.

<u>Explanation:</u>

Free trade is the trade of goods and services from one country to the other country without any boundations and without any restrictions. As a result of the free trade, the consumers have more variety of a particular good in the market.

In this particular case, since Rooby is no longer the only producer of this particular because of the free trade in the market, he can not charge too high for a particular good and it increases the competition between the producers.

5 0
3 years ago
The leadership styles of ________ originally included supportive and achievement-oriented and two others, but was more recently
Blizzard [7]

Answer:

2) House's path-goal model

Explanation:

Based on the information provided within the question it can be said that the he leadership styles of House's path-goal model. This model is based on choosing a style that most perfectly fits the employee and work environment in order to be able achieve the goal. This is done in order to improve employee satisfaction which would cause them to become more productive and efficient members within the organization.

7 0
4 years ago
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