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PtichkaEL [24]
3 years ago
6

The iPod is a very popular item among people of all ages. The demand is continuing to grow. The iPod's introductory price was ar

ound$300, but it is now down to $199.00 for the basic model. As the price has dropped, sales have increased. Which pricing strategy wasused for iPod?
A. Price Elasticity
B. Penetration Pricing
C. Prestige Pricing
D. Bundle Pricing
E. Skimming Pricing
Business
2 answers:
Zina [86]3 years ago
7 0

Answer:

E. Skimming Pricing.

Explanation:

This method or strategy is mainly used in marketing strategy for a new market entry especially because of its uniqueness and also when the value of the commodity to be sold is of a very high qualities and importance.

It is also seen as a product pricing strategy by which a firm charges the highest initial price that customers will pay and then lowers it over time. As the demand of the first customers is satisfied and competition enters the market, the firm lowers the price to attract another, more price sensitive segment of the population. The skimming strategy gets its name from "skimming" successive layers of cream, or customer segments, as prices are lowered over time.

Monica [59]3 years ago
7 0

Answer:

E. Skimming Price

Explanation:

Skimming price is the pricing system whereby producers and organizations set a high introductory price for a new product in the market which is followed up by gradually lowering the price to attract more customers. It is also know as Skim pricing, where the producers/marketers capitalizes on novelty, timeliness, exclusivity by putting a high introductory price that attracts buyers who has the resources with strong desire to purchase the product there after reducing the price gradually as time goes on.

In this case, the ipod was introduced with a high price of $300 and it gradually reduced to selling price of $199 for the basic model.

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A corporate bond pays 6.25 percent interest. How much would a municipal bond have to pay to be equivalent to this on an after ta
garri49 [273]

Answer:

C) 4.50 percent

Explanation:

It is given that :

Interest a corporate bond pays = 6.25 percent

The marginal percent tax bracket is given as : 28 %

We have to find the amount that the municipality bond shall pay to be the equivalent to the amount after the tax basis :

We known that the municipal bond is tax exempted after the corporate tax bond should be equal to the municipal bond to be indifferent.

Thus, rate of return = rate of return after tax = rate x (1 - tax rate)

                                                                         = 6.25 % x (1 - 0.28)

                                                                         = 4.50 %

Therefore the answer is   = 4.50 %

5 0
3 years ago
Pronghorn Mining Company purchased land on February 1, 2020, at a cost of $856,800. It estimated that a total of 53,100 tons of
vitfil [10]

Answer:

A.20per ton

B.141,600

C.389,400

Explanation:

A.

($856,800+$97,200-$108,000+$216,000)/53,100 tons

=$1,062,000/53,100

= 20per ton

(b)

Resources removed totaled 26,550 tons

Less company sold 19,470 tons.

Balance 7,080 tons

Hence

Inventory 20*7,080

=141,600

(c)

20* 19,470 tons

=389,400

4 0
3 years ago
In january 2010 a gallup poll asked a random sample of adults, "in general, are you satisfied or dissatisfied with the way thing
daser333 [38]
<span>This poll talks about the economic progress of the United States where during those times in year 2010 Barack Obama is the president of the country. The poll have given a big difference towards the evaluation on how the economy have a lot of negative effects to citizen of the country that it was before. First is the issue about unemployment many Americans have no jobs, remember that this issue really gives a fall towards economic progress development for it can help generate more potential opportunities specially when it comes to factors that are all in the benefit of people getting employed where the business can gain more with the workforce, second is the health care issues are also one of the factors considered why they are unsatisfied with the economy, the platform and campaigns relating to health issues were not that fully effective, lastly the federal budget deficit in which really imparts a major negative effect on the economy for this is used for many developmental projects for the government's economic stability.</span>
4 0
3 years ago
ABC stock has just closed at $70.50. A customer has an open order on the Specialist's book (DMM's book) to sell short 100 shares
Rudiy27

Answer:

A) Sell short 100 ABC at 69.45 Stop

Explanation:

When an order is placed below the market (OBLOSS - Open Buy Limits Open Sell Stops) it will be adjusted on the specialist's book for distributions on ex date. This open sell stop order = $70 - $0.55 (dividend) = $69.45

So the adjusted order will be: Sell short 100 ABC at 69.45 stop.

7 0
3 years ago
Gore Global is considering the two mutually exclusive projects below. The cash flows from the projects are summarized below.
d1i1m1o1n [39]

Answer:

D

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Flying Car

Cash flow in year 0 = -$200,000

Cash flow in year 1 = 50,000

Cash flow in year 2 = 50,000

Cash flow in year 3 =80,000

Cash flow in year 4 =100,000

IRR = 13%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

7 0
3 years ago
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