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saw5 [17]
3 years ago
8

Setting the highest initial price that customers really desiring the product are willing to pay when introducing a new or innova

tive product is referred to as a
Business
1 answer:
GrogVix [38]3 years ago
5 0
I believe it's "Skimming Pricing" which is get initially the highest price of a product. If customers desire the product they will pay the high price.

If customers do not pay for the initial high price of a product, the company of the product will reduce the price.
Skimming price- means to originally (initially) get the highest price of a product for customers to buy; desired product works best. If customer demand fails; product price decreases.

Hope this helps :)
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Carson Corporation stock sells for $35 per share, and you’ve decided to purchase as many shares as you possibly can. You have $5
snow_tiger [21]

Answer:

2041 shares

Explanation:

Maximum amount for investment = $ 50 000 / 70 % = $ 71428.571

maximum number of shares =  $ 71428.571 / $ 35 = 2040.812 approx 2041 shares

6 0
3 years ago
Prepare general journal entries to record the following transactions for the Harris
e-lub [12.9K]

31/12/2013 bad debts expense  800$

                                      Provision for bad debt expense    800$

                       Provision for bad debt    60$

                                                                Debter   60$

                        Provision for bad debt   75$

                                                          Debter   75$

                        Provision for bad debt  45$

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                        Provision for bad debt   100$

                                                        Debter  100$

                                Provision for bad debt  25$

                                                                Bad debt recovery income  25$

7 0
3 years ago
Read 2 more answers
What does the hospitality industry contribute to an economy?
inn [45]

Answer:

The hospitality industry helps to bring about unemployment reduction, income increase and higher living standards, and economic stability.

Hope this helps :)

4 0
3 years ago
For each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or lo
algol13

Answer:

This firm's <u>Shut down price</u>, That is, the price below which it is optimal for the firm to shut down is <u>$40</u>.

Explanation:

Shut down point is the point at which a firm or business is not able to gain any profit or benefit from the operations. Firm try to stay in the market until they reach the shut down point in business. It is a point where a business revenue just covers the variable expenses.

5 0
3 years ago
Approximately what percentage of the u.s. public debt is held by foreign individuals and institutions (2015)?
denpristay [2]

34% as of 2015, $6.156 trillion

8 0
3 years ago
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