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2 years ago

A high/low pricing strategy relies on the promotion of sales. True or False

Business

1 answer:

KengaRu [80]2 years ago

5 0

Answer:

True

Explanation:

Yes, high/low pricing strategy relies in the number of sales. A High/Low pricing technique, which depends on the improvement of sales, during which costs are incidentally decreased to support buys. At last, which customers incline toward which technique relies upon how those customers assess costs and quality. In order to increase the number of sales, firms usually set low prices in order to attract customers.

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What is the balance between supply and demand called ?

n200080 [17]

The balance between supply and demand is known as the market equilibrium.

The supply and demand are determined through the price mechanism in a free market. Such as if the goods or services are bought more frequently then their prices will go up and vice versa.

This means that the price mechanism helps to determine what goods are to be produced. In the case where the demand for good increase will result in price go up and will ultimately result in producers supplying more of those goods.

This system of price helps to scale the point where competing demands may be weighed by the consumer or producer requirements.

However, the movement towards the price equilibrium and the resulting balance between the supply and demand is known as the market equilibrium.

Learn more on supply and demand here: brainly.com/question/4804206

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2 years ago

Read 2 more answers

You are buying a $62,000 house for 10% down, with the rest financed at 11 3/4% for 30 years with fixed monthly payments. you mus

Kitty [74]

The answer would be 42 percent.

7 0

2 years ago

They could increase Marco's motivation by:

AleksandrR [38]

Answer:

Explanation:

moneys always good motivation

4 0

2 years ago

All of the following would affect the position of the supply curve for cranberries, except: Question 28 options: the price of ag

myrzilka [38]

The factor that would not affect the position of the supply curve for cranberries is the popularity of cranberry drinks.

The supply curve is a graph that shows the relationship between price and the quantity supplied. The supply curve is positively sloped. A change in the position of the supply curve can either be an outward shift or an inward shift. An outward shift indicate an increase in supply and an inward shift indicates a decrease in supply.

An increase in the price of agricultural land and the cost of fertilizers increases the cost of producing cranberries . This would lead to an inward shift of the supply curve. On the other hand, a decrease in the price of agricultural land and the cost of fertilizers would lead to an outward shift of the supply curve.

The development of a new pest control for cranberry production would lead to an outward shift of the supply curve as more cranberries can be produced.

Please check the attached image for a graph showing an increase in supply. To learn more about the supply curve, please check: brainly.com/question/1915798

5 0

2 years ago

Au Sable Corporation reported taxable income of $760,000 in year 2 and paid federal income taxes of $176,500. Not included in th

butalik [34]

Answer:

$726,500

Explanation:

The computation of current earnings and profits for year 2 is shown below:-

current earnings and profits for year 2 = Profit as per Income Tax - Penalty disallowed + Life insurance proceed - Tax Expenses

= $760,000 - $42,000 + $185,000 - $176,500

= $945,000 - $42,000 - $176,500

= $726,500

Therefore we have applied the above formula to reach out the current earnings and profits for year 2.

5 0

2 years ago