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strojnjashka [21]
3 years ago
5

La belle released a cut glass bottle of perfume at $299 per item, even though its major competitor prices its signature scent at

$99 per item. la belle reasons that customers in search of luxury goods will prefer its product because they are more likely to believe high price indicates superior quality. what price adjustment strategy is evident in its reasoning
Business
2 answers:
sergejj [24]3 years ago
8 0
<span> psychological pricing</span>
hjlf3 years ago
3 0

ANSWER:

psychological pricing

STEP-BY-STEP EXPLANATION:

Psychological pricing is the strategic approaches of setting costs lower than an entire number. The thought behind mental valuing is that clients will peruse the somewhat brought down cost and treat it lower than the value really is. A case of mental evaluating is a thing that is estimated $3.99 yet passed on by the purchaser as 3 dollars and not 4 dollars, treating $3.99 as a lower cost than $4.00.  

Mental valuing systems come in numerous structures. Here are four instances of mental estimating systems:  

1. Artificial Time Constraints

2. Charm Pricing

3. Innumeracy

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Seedstock producers are cow/calf producers who produce _________ for purebred or commercial operations.
saw5 [17]

Answer:

Breeding stock.

Explanation:

Seedstock producers are cow/calf producers who produce breeding stock for purebred or commercial operations.

This ultimately implies that, seedstock producers are individuals who are saddled with the responsibility producing cow/calf by making the breeding stock available for other livestock farmers. Thus, the breeding stock are the primary calves that are used for producing cattles in large quantities.

5 0
3 years ago
Which best describes a tsunami?
slamgirl [31]

Answer:

1st one is the best answer for it.

6 0
3 years ago
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Ashley has gone to the store to shop for a new backpack. She looks for the same brand she has always bought in the past but noti
Hitman42 [59]

Answer:

Style modification

Explanation:

Style modification is a form of product differentiation used to influence the way a product appeal to a customer by altering its taste , color , texture , sound and smell.

It is adopted in order to get a unique position in the market in order to gain a competitive advantage and a large market share.

The production of the back pack in new variety of color is a typical example of style modification

8 0
3 years ago
a) (15 points) What is the subgame perfect Nash equilibrium pricing policy for Tony (convince me that it’s SPNE)? What is Tony’s
timama [110]

Answer:

Hello attached below is the complete question

Answer:

Backward induction

Tony's payoff = 1800

Explanation:

Subgame  Perfect Nash equilibrium pricing policy is a refined version of Nash Equilibrium and the subgame perfect Nash Equilibrium pricing policy that Tony uses is Backward Induction

As seen from the different periods Tony depends on the price of the previous periods to determine the the price of the next period in other to maximize his payoff

The pricing at p2 will be in such a way that buyer L1, L2 will purchase the Good at P2 ( $200 ) hence the payoff for the seller ( Tony ) will be = 200 *2

In period 1 the change in price will be in such a way that the buyer will purchase the good hence the payoff for Tony = 1400 * 1

This is an SPNE because ( p1, p2 ) = (1400, 200) which is determined using Backward induction

Tony's payoff = ( 1400 + 400 ) = 1800

7 0
3 years ago
1 If Peter temporarily takes over Thomas's job in his absence, what does this move represent? Briefly explain what this entails.
Ludmilka [50]

Answer:

This can be a positive challenge for Peter's career, as by taking on Thomas he will handle different tasks and job challenges, and by taking on the new responsibilities effectively, he will be able to be more recognized in the organization he works with and gain more trust from your superiors and Thomas, which is a positive point in the work environment that can lead to future promotions.

4 0
3 years ago
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