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
galben [10]
3 years ago
12

Charging high prices to earn large profits during a time when there is little competitionrepresents a ________ strategy:________

_
A. Penetration
B. Bundling
C.Skimming
D. Cost-based
Business
2 answers:
Usimov [2.4K]3 years ago
6 0

Answer:

Skimming

Explanation:

Price skimming, also known as skim pricing, is a pricing strategy used by those who face little or no competion, what normally happens is that a firm charges a high price and then gradually may need to lowes the price to attract more customers.

Price skimming is used to earn large profits especiallyn when a new product or service is introduced into the market. The pricing strategy is largely useful iwhen the firm is the first to enter the marketplace. The aim of this is to generate the large profit in the shortest time possible.

Murrr4er [49]3 years ago
3 0

Answer:

Charging high prices to earn large profits during a time when there is little competition represents a COST-BASED

Explanation:

Cost-based pricing helps to accumulate high profits as a result of addition of cost of materials, labor, with the overhead cost in order to yield a profit at a specific price

You might be interested in
Benchmarking: allows industry participants to develop industry-wide standards. synchronizes the business processes of customers,
BabaBlast [244]

Answer:

compares the efficiency and effectiveness of your business processes against strict standards.

Explanation:

Benchmarking is a process of measuring the performance of a company’s products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement.

7 0
2 years ago
The auditors' count of the client's cash should be coordinated to coincide with the
Savatey [412]
The auditor's count of the client's cash should be coordinated to coincide with the ''count of investment securities'' since both mean counting/managing money.
6 0
2 years ago
Your cousin is currently 10 years old. She will be going to college in 8 years. Your aunt and uncle would like to have $ 105 com
telo118 [61]

Answer:

$76,134.84

Explanation:

Data provided in the given question

Future value = $105,000

Fixed interest rate = 4.1%

Number of years = 8

The calculation of present value is given below:-

= Future value ÷ (1 + rate of return)^number of years

= $105,000 ÷ (1 + 4.1%)^8

= $105,000 ÷ 1.379132002

= $76,134.84

Therefore, we simply applied the present value formula.

6 0
3 years ago
In the case of flexible resources, if the demand for an activity changes across alternatives, then resource spending will:______
zheka24 [161]

Answer:

D. Change and the cost of the activity is relevant to the decision.

Explanation:

Since flexible resources are supplied as needed, and their costs appear to be variable with demand, so change and the cost of the activity is relevant to the decision.

7 0
3 years ago
The economists at JET Consulting consider Campbell’s Soup to be an inferior good. During a recession, when the income in the eco
Ksenya-84 [330]

Answer:

Shift to right

increase

increase.

Explanation:

Demand curve:- It is a representation of number of units of a service will be bought at which price. It is a graph or plot between price and quantity.price on y-axis and quantity on x-axis.

To bring the equilibrium the the demand curve is needed to shift to right to increase the equilibrium of the price and quantity.

3 0
2 years ago
Other questions:
  • $26 per share is the current price for Foster Farms' stock. The dividend is projected to increase at a constant rate of 7.00% pe
    10·1 answer
  • Although Lenin wanted to establish, for the short term, a state-capitalist economic system in Russia, which resembled the succes
    12·1 answer
  • 98 points! Please answer 1 sentence or more for each question
    12·2 answers
  • PLEASE HELP ME!
    5·1 answer
  • Find the amount to which $600 will grow under each of these conditions: 12% compounded annually for 8 years. Do not round interm
    11·1 answer
  • Comparing ABC and Plantwide overhead Cost Assignments Wellington Chocolate Company uses activity-based costing (ABC). The contro
    10·1 answer
  • Suppose a foreign investor who holds tax-exempt Eurobonds paying 10.50% is considering investing in an equivalent-risk domestic
    8·1 answer
  • You will earn the YTM on a bond if you hold the bond until maturity and if interest rates don't change. If you actually sell the
    10·1 answer
  • Coc.k dsfdfdsfdsfdsfs
    12·2 answers
  • Changes in the quality of a good a. present a problem in the construction of the consumer price index, and that problem is somet
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!