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
PtichkaEL [24]
3 years ago
6

The iPod is a very popular item among people of all ages. The demand is continuing to grow. The iPod's introductory price was ar

ound $300, but it is now down to $199.00 for the basic model. As the price has dropped, sales have increased. Which pricing strategy was used for iPod?
Business
1 answer:
astraxan [27]3 years ago
6 0

Answer:

Price Skimming

Explanation:

Price Skimming is a strategy used whereby a producer initially charges the highest price that consumers would be willing and able to pay. As demand starts to fall from the high consumer segments, the price is lowered to tap into a new group of consumers.

In this case, the initial price charged was $300 and gradually reduced to $199 to capture those individuals who could not afford (or were not willing and able  to pay) such a high price for an iPod.

You might be interested in
Bateman Corporation sold an office building that it used in its business for $800,200. Bateman bought the building 10 years ago
GarryVolchara [31]

Answer:

Gain= $400,600

Explanation:

<u>First, we need to calculate the book value of the building:</u>

Book value= purchase price - accumulated depreciation

Book value= 599,900 - 200,300

Book value= $399,600

<u>If the selling price is higher than the book value, the company gain from the sale.</u>

Gain/loss= selling price - book value

Gain/loss= 800,200 - 399,600

Gain= $400,600

4 0
3 years ago
As the president of a local trade company, Kristin is faced with leadership, ethical, and operational decisions on a daily basis
NISA [10]

Answer:

B. Information Management

Explanation:

According to Wikipedia, Information management is the collection and management of information from one or more sources and the distribution of that information to one or more audiences.

It is involves collecting, storing and managing information gotten in all its forms. Of course, there are various forms of information, whether physical or electronical or otherwise.

Kristen's Job in the company involves organizing resources info (collecting), regulating how they are used and making sure they are the necessary information needed by the company's workers which is all part of the information management process.

4 0
3 years ago
In the following situation, imagine you are a waiter at a restaurant. See if you can put this list of tasks in
MArishka [77]

Answer:

1. Answer a customer's question

2.Take someone's order

3.Bring out an order of food

4 Cleae a table

5.Fold napkins

5 0
3 years ago
Your employer emailed a question and to all employees to gather data on employee satisfaction what type of research is your comp
Dovator [93]

Answer:

Primary

Explanation:

8 0
3 years ago
Explain the relationship between consumers and producers in economic growth and activity
Strike441 [17]

The economy consists of producers, who make and sell goods and services, and consumers, who buy the goods and services.

Producers rely on consumers to buy from them, and consumers rely on producers to provide the goods and services they want.

Money allows this relationship to work.

3 0
3 years ago
Other questions:
  • The profit that the vendor makes per day by selling x pretzels is given by the function. P(x) = -0.002x2 + 1.4x - 400. Find the
    14·1 answer
  • Identity-__________ individuals lack clear direction. they are not committed to values or goals, nor are they actively trying to
    7·1 answer
  • Impart information and knowledge. A. Students learn on the job. They are given simple arrangements to complete at first and get
    14·1 answer
  • One unit of a peso in a Latin American country was defined as equivalent to 12 grains of "fine" (pure) gold, while one unit of i
    9·1 answer
  • Would you rather have a savings account that offered simple interest, or an account that offered compound interest? Why?
    10·2 answers
  • Merriweather Post Pavillion received a $820 check from a customer for the balance of accounts due. The transaction was erroneous
    12·1 answer
  • Managers have to decide when to make decisions themselves and when they should involve a group. part of that decision should be
    15·1 answer
  • Which of the following claims best indicates the policy that the United States government followed toward business during World
    13·1 answer
  • When an analyst is looking at a company for the first time, which of the following four activities does he do first?
    5·1 answer
  • How much money does Ted need to invest each month in order to accumulate $10,000 over a five-year period, if he expects to get a
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!