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gayaneshka [121]
2 years ago
9

There are several factors that predict when a skimming pricing policy is likely to be most effective, including situations in wh

ich Multiple Choice enough prospective customers are willing to buy immediately at a high initial price to make these sales profitable. leadership is expecting to meet high sales unit goals. consumers tend to be price-sensitive. consumers perceive your product to be similar to other products in the market. a lower price will significantly reduce unit costs.
Business
1 answer:
NeTakaya2 years ago
6 0

Answer:

Situations in which enough prospective customers are willing to buy immediately at a high initial price to make these sales profitable

Explanation:

Price skimming is  pricing strategy whereby firm sets a high initial price of a product that customers are willing to pay. Once demand of the first customers is satisfied, it lowers the price to attract price-sensitive customer segments. Therefore, the right choice would be "enough prospective customers are willing to buy immediately at a high initial price to make these sales profitable"

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Suppose that France and Austria both produce rye and wine. France's opportunity cost of producing a bottle of wine is 4 bushels
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Answer:

France has comparative advantage in production of wine

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Explanation:

France has comparative advantage in producing wine as it has opportunity cost of 4 bushels per bottle of wine. Austria has comparative advantage in producing bushels as it has opportunity cost of 10 bushels per bottle of wine. The both countries can gain advantage if they agree for 4 bushels per wine.

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