1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
grin007 [14]
2 years ago
9

Bud’s Bucket ice cream company produces a chemically enriched ice cream and decides to penetrate the gourmet market by offering

its same ice cream at premium prices. What might happen as a result of its market penetration strategy?
Business
1 answer:
ipn [44]2 years ago
6 0

Answer:

It may turn off it's current customer base and cause them to purchase a competitors ice cream.

Explanation:

Market penetration strategy is the process of selling current products to an already existing market so as to obtain a higher market share by taking the market shares from the other competing companies.

Market penetration strategy uses low prices to generate demand for a product and increase market share. Bud's bucket ice cream decides to penetrate the gourmet market by offering its same ice cream at high prices instead of reducing the price, this might lead to a reduction in their current customer base.

You might be interested in
Suppose that government officials have set an emissions tax to reduce pollution. Assume that the optimal tax would be $1,500, bu
Mariulka [41]

Answer: there will be too much pollution

Explanation:

From the question, we are informed that government officials have set an emissions tax to reduce pollution and that the optimal tax should have been $1,500 but government officials have set the tax equal to $500.

It should be noted that due to the fact that the optimal tax has been set below the equilibrium, this will lead to a rise in pollution as the people will be aware that they're paying less than the optimal level which will lead to more pollution. An increase in the optimal tax will have help in reducing the pollution.

8 0
3 years ago
Redistributing income, providing a structure and promoting stability are
nikitadnepr [17]

The government often plays some key roles in the economy. Redistributing income, providing a structure and promoting stability are the role of government.

Role of government

The government plays some key roles which are;

  • They Provide legal structure.
  • They are known to Redistribute income.
  • Reallocating resources.
  • They Promote stability.

The redistribution of income is known to be the distribution carried out again or anew.

learn more about Role of government from

brainly.com/question/1898863

8 0
2 years ago
Read 2 more answers
Which food was received in the temperature danger zone
Luba_88 [7]
Temperature danger zone is defined as the specified range of temperature at which micro organisms grow rapidly in food. The danger zone ranges from 40F to 140F. To keep food out of danger zone, cold food must be kept at or below 40F while hot food must be kept at or above 140F. From the question given above, three of the food fall in the temperature danger zone, but cottage cheese is still safe at 40F because of the fermentation process by which it was made and shell egg is still safe at 43F because it has shell to protect it. Thus, the correct answer is POTATO SALAD AT 46F.
5 0
3 years ago
As she digs deeper into the data, Ophelia realizes that while discounters do have a high profit level, discounters are quite low
zlopas [31]

Answer: Return on sales is calculated based on sales volume and not profit

Explanation:

This can be explained by understanding the scenario; the price that discounters pay is lower than any other channel. Discounters have high variable cost, they only pay $52 for the Russel with 41percent return on sales. They also larger fixed costs than the other channels and the return on sales is calculated based on sales volume and not profit.

7 0
2 years ago
Jennifer received $6,000 interest; $4,800 was tax-exempt and $1,200 was taxable. In earning this income, she had $500 of expense
Marat540 [252]

Answer:

The amount of interest expenses that Jennifer can deduct from her tax return for tax year 2019 is $100.

Explanation:

The amount of interest expenses that Jennifer can deduct from her tax return for tax year 2019 can be calculated using the following formula:

Interest expenses deductible = (Taxable interest / Total interest) * Interest expenses .................... (1)

Where;

Taxable interest = $1,200

Total interest = $6,000

Interest expenses = $500

Substituting the values into equation (1), we have:

Interest expenses deductible = ($1,200 / $6,000) * $500

Interest expenses deductible = 0.20 * $500

Interest expenses deductible =$100

Therefore, the amount of interest expenses that Jennifer can deduct from her tax return for tax year 2019 is $100.

3 0
2 years ago
Other questions:
  • Should the law allow someone that becomes voluntarily incapacitated through intoxication or other means escape from a contractua
    11·1 answer
  • What does the owner of a miniature golf business provide her customers with?
    10·1 answer
  • Do you think celebrities would use Brainly?
    13·1 answer
  • How do individuals contribute to the circular flow of economic activity?A) Businesses buy goods and services from individuals.B)
    6·1 answer
  • Why does insurance often provide "peace of mind"? O People know their insurance coverage will help prevent accidents and damage
    13·1 answer
  • Why i s visionary management important
    11·2 answers
  • Domingo Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the f
    10·1 answer
  • A. Finance, or financial management, requires the knowledge and precise use of the language of the field.
    13·1 answer
  • Investment tax credits can increase investment, but stimulating investment is not a key to ending a recession. can increase inve
    13·1 answer
  • Select the correct answer.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!