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tatiyna
3 years ago
9

Mint-Microprocessors Corp. learned that its biggest competitor dropped prices dramatically in the European market. In response,

Mint-Microprocessors decided to do the same in Asia. This resulted in the competitor minimizing its aggressive stance and returning to earlier price points. This is an example of _________ pricing.
Business
1 answer:
vfiekz [6]3 years ago
7 0

Complete Question:

Mint-Microprocessors Corp. learned that its biggest competitor dropped prices dramatically in the European market. In response, Mint-Microprocessors decided to do the same in Asia. This resulted in the competitor minimizing its aggressive stance and returning to earlier price points. This is an example of ________ pricing.

Group of answer choices

A. prescriptive

B. dumping

C. multipoint

D. predatory

E. leader

Answer:

C. Multipoint.

Explanation:

In this scenario, Mint-Microprocessors Corp. learned that its biggest competitor dropped prices dramatically in the European market. In response, Mint-Microprocessors decided to do the same in Asia. This resulted in the competitor minimizing its aggressive stance and returning to earlier price points. This is an example of multipoint pricing.

A Multipoint pricing refers to the situation, where two or more firms compete and a firm's pricing strategy in one market (international trade) basically has an impact on the rival firm's pricing strategy in another market (international trade).

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The correct answer is letter D.<span>

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4 years ago
The freeze which destroyed a good portion of the South American coffee crop in the mid-1970s increased the price of tea. Explain
Anarel [89]

Answer:

attached diagrams

Explanation:

As the freeze decrease teh output of coffee the supply decreased heavily. This make the price of coffee go up which decreased demand. This makes consumer move to substitute goods like tea making increase their demand. This ended with a greater price of both, coffee and tea.

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3 years ago
Lorraine belongs to a national consumer panel created by a market research company. She regularly receives samples of new produc
kherson [118]

Answer:

A. premarket testing.

Explanation:

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3 years ago
Suppose you are interested in working in an informal workplace. what are three jobs you might like?
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Answer:

($39,700)

Explanation:

Cash outflows:

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Cash inflows:

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So we have  a negative 41,200 representing cash outflows, and only $1,500 in cash inflows (we are not told if the $200 billed were already received so I will leave them out). Making a simple arithmetic operation, we obtain the answer:

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