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vodomira [7]
3 years ago
5

The objective of _____ is to build sales, market share, and profits quickly by providing an incentive to purchase the product im

mediately. price lining price skimming market-penetration pricing price fixing experience curve effects
Business
1 answer:
3241004551 [841]3 years ago
6 0

Answer: Market Penetration Pricing.

Explanation:

MPP, Market Penetration Pricing is a where a company uses a strategy to attract customers to their product. Which also means lowing the price for customers to buy their products.

When lowing a price: This strategy is used to attract customers, they buy their product - then if they like it they will keep buying it even if the price is raised. This is a common strategy for tons of company brands.

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It costs ​$34,000 to retrofit the gasoline pumps at a certain filling station so the pumps can dispense E85 fuel​ (85% ethanol a
victus00 [196]

Answer:

The investor will pay up the rereofitted pumps in a period of 22.52 months.

Explanation:

<em><u>First,</u></em> we solve for the amount of profit generate per month:

21,000 gallons a month x $0.09 per gallon = $1,890

Now, we calcualte the time at which an monthly income of 1890 discounted at 2% per month matches a present value of 34,000

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C  $1,890.00

time    n

rate 0.02

PV $34,000.0000

1890 \times \frac{1-(1+0.02)^{-n} }{0.02} = 34000\\

(1+0.02)^{-n}= 1-\frac{34000\times0.02}{1890}

(1+0.02)^{-n}=  0.64021164

We use logarithmics properties to solve for n:

-n= \frac{log0.64021164021164}{log(1+0.02)

-22.52006579

n = 22.5200 = 22 and a half month.

7 0
3 years ago
Blue corporation's standards call for 2,500 direct labor-hours to produce 1,000 units of product. during may 900 units were prod
Vladimir [108]
Given:
standard hours: 2,500 dl for 1,000 units
actual hours: 2,400 dl for 900 units

Standard direct labor-hours per unit = 2,500 direct labor-hours ÷ 1,000 units= 2.5 direct labor-hours per unit

Standard hours allowed = 2.5 direct labor hours per unit × 900 units<span>= 2,250 hours

The standard hours allowed for may production would be 2,250 hours.</span>
6 0
3 years ago
In order to determine net cash provided by operating activities, a company must convert net income from an accrual basis to a ca
alexandr402 [8]
Both the direct method and the indirect method. Cash from operating activities usually introduces to the net cash arrival reported in the first section of the explanation of cash flows. Cash flow from operating activities also includes changes in working capital, such as increases or decreases in inventory, short-term debt, accounts receivable and accounts payable.
6 0
3 years ago
A seasonal index for a monthly series is about to be calculated on the basis of three​ years' accumulation of data. The three pr
Vika [28.1K]

Answer:

A. 0.684

Explanation:

A seasonal index refers to an index that is used to compare the value for a particular period with the average value of all periods.

The purpose of using a seasonal index is to show the relationship between the two values, and the degree to which the two values are different.

The seasonal index can be calculated as the latest value for a period divided by the average of all periods.  Therefore, we have:

Seasonal index for July = Latest value for July / Average demand over all months = 130 / 190 =  0.684.

Therefore, he approximate seasonal index for​ July is 0.684.

5 0
3 years ago
A tax on real estate or personal property
ollegr [7]
A tax in real state.
6 0
3 years ago
Read 2 more answers
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