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Varvara68 [4.7K]
3 years ago
14

Companies facing the challenge of setting prices for the first time can choose between two broad strategies: market-penetration

pricing and ________. market-level pricing market-competitive pricing market-skimming pricing market-price lining market-price filling
Business
1 answer:
xxTIMURxx [149]3 years ago
4 0

Answer:

The correct answer is letter "C": market-skimming pricing.

Explanation:

A product price can be introduced using a<em> market penetration strategy </em>and <em>market-skimming pricing</em>. Market penetration pricing unveils a new product or service to draw buyers away from rivals at an initially low price. Market-skimming pricing is a technique that unveils a product that consumers can pay for it at the highest price. It helps to produce significant profits that will help a business recover production costs quickly.

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On July 1, 2020, Sheffield Co. pays $10,480 to Tamarisk Insurance Co. for a 2-year insurance policy. Both companies have fiscal
Gwar [14]

Answer:

Explanation:

The journal entry is shown below:  

On July 1

Prepaid Insurance A/c Dr $10,480

         To Cash A/c $10,480

(Being prepaid insurance is paid)

On December 31

Insurance expense A/c Dr $2,620

         To Prepaid Insurance $2,620

(Being prepaid insurance is adjusted)

The computation is shown below:

= $10,480 ÷ 2 years × 6 months ÷ 12 months

= $2,620

5 0
3 years ago
A manager who threatens to withhold support or rewards is using _____ as a political tactic.a. inducementb. coercionc. persuasio
DanielleElmas [232]

Answer:

b. coercion

Explanation:

A manager who threatens to withhold support or rewards is using coercion as a political tactic. Employees who work under a coercive management, are forced to follow orders and face a harsh and negative work environment that often leads employees to look for other jobs. Managers who practice coercion feel powerful and might but they don't realize how much damage it causes in the long run for the organization.

4 0
3 years ago
Select all of the factors that affect the level of wages.
Ksivusya [100]

The factors that affect the level of wages are skills and abilities, the size of the labor pool, and the actions of labor unions. therefore, these options are correct statements.

<h3>How do you determine the level of wages?</h3>

Wages are decided through supply and demand, however, they may be stimulated through a huge form of factors, inclusive of the fee of living in a specific area, the presence of a union, and the modern-day minimal wage.

Pay prices additionally range through gender, race, training degree, and talent degree of the workforce.

Thus, the correct options are skills and abilities, the size of the labor pool, and the actions of labor unions.

Learn more about the level of wages here:

brainly.com/question/1142533

#SPJ1

8 0
3 years ago
Which president would have been most likely to agree that the government’s role in people’s lives should be more limited ?
Annette [7]

Answer:

A. Ronald Reagan

B. Barack Obama

C. Franklin D. Roosevelt

D. Lyndon B. Johnson

Explanation:

Ronald Reagan's presidency marked a shift in US government, being the first Conservative US president in over 50 years after a loss of confidence in liberal programs, that especially rose after Nixon's watergate scandal. One of his campaign slogans was "Government is not the solution to our problem, government is the problem" and sought to begin a new era of national renewal. His presidency marked the starting point of what is known as the Reagan Era, to refer to the lasting impact that the Reagan Revolution had on domestic and foreign policy, as he fought for and achieved to decrease the size of federal government, his administration enacted a major tax cut, eliminated federal regulations, decreased federal government responsibility in solving social problems, reducing restrictions on business and cutting spending for domestic programs and an increase in defense spending.

6 0
3 years ago
A wood products firm uses available time at the end of each week to make goods for stock. Currently, two products on the list of
leonid [27]

Answer:

Let board = X1 holder= X2

Max = 2X1+6X2

Subject to: 1.4X1+0.8X2≤56 …………… (1)

5X1+13X2≤ 650 ………………. (2)

12X1+3X2≤ 360 ………………. (3)

a) The solution at point A X1=0 X2=50

Z= 2(0) +6(50) = 300

b) Cutting: 56- 0.8(50) = 15 minutes. (40,0) (0,70) ………… (1)

Gluing: 13X50=650 650-650=0 (130,0) (0,50) …………… (2)

Finishing: 3X50=150 360-150=210 minutes. (30,0) (0,120) ………… (3)

Explanation

See figure in attached file

7 0
4 years ago
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