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gayaneshka [121]
3 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:
NeTakaya3 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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A father wants to save for his eight?year?old son�s college expenses. The son will enter college 10 years from now. An annual am
Ganezh [65]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

The son will enter college 10 years from now. An annual amount of $40,000 in constant dollars will be required to support the son's college expenses for four years.

The future general inflation rate is estimated to be 6% per year, and the market interest rate on the savings account will average 8% compounded annually

A) We need to find the present value for each 40,000-year expense.

Formula= FV/(1+i)^n

1: PV= 40,000/(1.06)^10= 22,335.80

2: PV= 40,000/(1.06)^11= 21,071.50

3: PV= 19,878.77

4: PV= 18,753.56

B) Total final value= 160,000

PV= 160,000/1.06^10= $89,343.16

C) We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (160,000*0.06)/[(1.06^10)-1]= $12,138

5 0
3 years ago
When conducting a SWOT analysis, information about turnover, profit margins, and staff quality can be used to identify:
Alex17521 [72]

When conducting a SWOT analysis, information about turnover, profit margins, and staff quality can be used to identify company strengths and weaknesses. By conducting a SWOT analysis, a company is able to find out valuable information about how their company is conducting business, future plans, and how they compare to others within the same market. Identifying your strengths and weaknesses is important in achieving success. When you know your strengths, it allows you to set your company apart from others and when you know your weaknesses, you can work on improving them.

4 0
3 years ago
Firm X and Firm Y both sell the same products at the same price; both firms are the same size with identical sales levels; Firm
Vika [28.1K]

Answer:

The options are given below:

A. Firm X

B. Firm Y

C. Same variability of operating profits

D. It would depend on tax effect on taxable income

The correct option is B. Firm Y

Explanation:

This is because firm Y has a higher operating leverage than firm X.

<u>Operating Leverage</u> refers to a cost-accounting formula that measures the degree to which a firm can increase operating income by increasing revenue. Operating leverage actually boils down to the analysis of fixed costs and variable costs, and it is highest in companies that have a high fixed operating costs in comparison with variable operating costs. What this means is that this kind of company makes use of more fixed assets. On the other hand, operating leverage is lowest in companies that have a low fixed operating costs when compared with variable operating costs.

Companies with high operating leverage are capable of making more money from each additional sale if they do not have to incur more costs to produce more sales.

Therefore, from the scenario given above, we can conclude that firm Y has a higher operating leverage than firm X, because firm X has lower fixed costs than firm Y, and a higher variable cost than firm Y as well. Hence, firm Y has the potential to make more operating profits from its business activities.

4 0
3 years ago
From 1970 to 1998 the U.S. dollar Group of answer choices gained value compared to the Italian lira because inflation was higher
balu736 [363]

Answer:

A. Gained value compared to the Italian lira because inflation was higher in Italy.

Explanation:

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3 years ago
Please select the word from the list that best fits the definition Easily expresses their feelings
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it is intrapersonal, and i know that for a fact.

7 0
3 years ago
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