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umka2103 [35]
4 years ago
10

Companies facing the challenge of setting prices for the first itme can choose between two board strategies; marketing-penetrati

on pricing and _______ pricing.
a) comparativeb) competitivec) market-skimmingd) market-segmentationE) cost-plus
Business
1 answer:
Alika [10]4 years ago
5 0

The correct question should be:

Companies facing the challenge of setting prices for the first time can choose between two board strategies; marketing-penetration pricing and _______ pricing.

Answer: Market Skimming pricing.

Explanation:

A company with a product new to the market can either choose to use the market penetration pricing or the market skimming pricing.

The market penetration pricing works best in a market with a lot of competition. The penetration pricing is a kind of pricing a company uses where the price of it's Products are set to be very low to attract price-sensitive consumers and still make profit.

The market skimming pricing on the other hand is a price setting method where a high entry price is set for a new product and then subsequently reduced with increase in market competition.

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Suppose the price of hot wings is $10, the price of beer is $1, and the consumer’s income is $50. In addition, suppose the consu
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Answer:

a. budget constraint intersects the vertical axis at 25 beers.

Explanation:

A budget constraint shows all the combinations that a consumer might purchase of two given products or services. The total consumption can be represented by a consumption possibilities frontier curve:

  • originally you could purchase 50 beers or 5 hot wings
  • then as the price of beer increases to $2, you can only buy 25 beers or 5 hot wings

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3 years ago
A speaker who begins with, "It's a pleasure to return to State University. As you know, I'm a graduate of State. Though it was s
Andre45 [30]

Answer:

C. Personal Reference introduction

Explanation:

This introduction type talks about a subject (State University) by relating the speaker or his experience to the subject.

(A) Quotation is something that is being said by someone. So whether or not this speaker related himself to the university, what he said would still have been taken as a quote or would be put in quotation marks when written down.

(B) A Rhetorical Question is one which is asked without the intent of getting an answer. First of all, there is no question in this speaker's speech.

(D) "Story" would have been the answer if there was no option (C) but the fact that option C exists and more perfectly describes his speech, makes (D) refutable.

5 0
3 years ago
What is cookie consent ?
emmainna [20.7K]

Answer:

A cookie consent banner is the cookie warning that pops up on websites when a user first visits to the site. It's the website banner that <em>declares</em> the cookies and tracking present on a website and gives the users a choice of prior consent before their data is handled.

6 0
3 years ago
Read 2 more answers
The following cost data pertain to the operations of Rademaker Department Stores, Inc., for the month of March. Corporate headqu
TEA [102]

Answer:

The answer is c. $40,700.

Explanation:

The direct costs of the Cosmetics Department are all the costs which are incurred for the operations & revenue generating activities of the Cosmetics Department only; which may be incurred at the Department itself or at other Department(s)/Store(s) which the purposes are for serving the Cosmestic Department.

Thus, these costs include the following cost items:

Cosmetics Department sales commissions--Northridge Store +  Cosmetics Department cost of sales--Northridge Store + Cosmetics Department manager's salary = $5,160 + $31,300 + $4,240 = $40,700.

So, the answer is c. $40,700

3 0
4 years ago
On July 31, Beatrice Co. purchased 2,000 shares of SimmTech stock for $16,000. This investment is considered to be an available-
Natalka [10]

Answer: a. Credit to Unrealized Gain-Equity for $4,000.

Explanation:

Because the investment is an AVAILABLE FOR SALE investment, gains and losses made on it are recorded under COMPREHENSIVE INCOME in the Equity section as Unrealized gains or losses.

Because this is profit, it is treated as Unrealized gains and is Credited in the Equity section under Comprehensive income.

You however only record the gains or losses and not the whole amount because the investment is recorded at Fair Value as an asset.

Therefore in this scenario, the gain is $20,000-$16000 which is $4000. That is what is recorded as an Unrealized gain.

4 0
3 years ago
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