1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Agata [3.3K]
3 years ago
8

A market-penetration pricing strategy is most suitable when Answer . A) a low price slows down market growth B) production and d

istribution costs fall with accumulated production experience C) a high price dissuades potential competitors from entering the market D) the market is characterized by inelastic demand E) a low price encourages actual competition
Business
1 answer:
Alik [6]3 years ago
5 0

Answer:

B) production and distribution costs fall with accumulated production experience

Explanation:

A low price may slow down market growth. However, it cannot occur in the market penetration strategy because a market penetration strategy lowers the price to attract customers in a discouraging competitive market. Therefore, option "A" and option "E" is incorrect. As the penetration strategy offers a lower price, therefore, the higher price is nowhere near the option, so "C" is not correct. As the price is low, customers want to buy more, and it is not an inelastic demand. Therefore, the option "D" is wrong also.

As penetration strategy produces the products at a lower price, they can offer low selling prices. It can only happen due to the higher production experience. So, <em>"B"</em> is the right choice.

You might be interested in
6) For which of the following should you save?
aleksandr82 [10.1K]
For my retirement and my family future
6 0
2 years ago
Read 2 more answers
What is the SAT?
anyanavicka [17]

Answer:

an exam to get into college

An SAT is a 160 question test that is taken in high school by seniors to have chances to get into college. You will also have a chance to take the ACT for higher colleges.

8 0
3 years ago
Gayle's divorce was final last year. during the first year after the divorce, gayle spent every evening after work in a singles
svetlana [45]
Gayle can be characterized as a libertine.
A libertine is a person who engages in sensual and sexual activities freely, without any inhibitions. So Gayle is definitely one of such people. She is not an enhancer, because there is nothing or no one that she is actually enhancing. She is not a good-enough but rather a desirable woman. She is also not a competent loner as she is clearly looking for someone.
3 0
3 years ago
An emerging type of system is the digital ecosystem, which is the collection of people, products, services, and business process
alexira [117]
The digital ecosystem is an emerging type of system where it refers to the collection of people, products, services, and business processes related to a digital element. It is a group of people, things or enterprises that would share digital platforms that are standardized for equal benefits for the ones involved.
4 0
3 years ago
Journalize entries for the following related transactions of Lilly Heating &amp; Air Company. Refer to the Chart of Accounts for
Luda [366]

Answer:

Explanation:

The journal entries are shown below:

(A) Inventory A/c Dr $47,916

      To Accounts payable A/c $47,916

(Being purchase made on credit basis is recorded)

The computation of the inventory is shown below:

= Purchase amount - purchase amount × discount rate

= $48,400 - $48,400 × 1%

= $48,400 - $484

= $47,916

(B) Accounts payable A/c $47,916

             To Cash A/c                  $47,916

(Being amount paid recorded)

(C)  Inventory A/c Dr $7,722

      To Accounts payable A/c $7,722

(Being return inventory is recorded)

The computation of the inventory is shown below:

= Purchase amount - purchase amount × discount rate

= $7,800- $7,800 × 1%

= $7,800 - $78

= $7,722

(D) inventory A/c Dr $6,000

      To Accounts payable A/c $6,000

(Being purchase made on credit basis is recorded)

(E) Cash A/c Dr $1,722                             ($7,722 - $6,000)

     To Accounts payable A/c $1,722

(Being received refund amount recorded)

3 0
3 years ago
Other questions:
  • Abbe Corporation uses activity-based costing. The company makes two products: Product A and Product B. The annual production and
    11·1 answer
  • In its income statement for the year ended December 31, 2019, Sheridan Company reported the following condensed data. Operating
    8·1 answer
  • How do scarce resources influence you personally? What impact does this have on your financial management?
    7·2 answers
  • The __________ phase is probably the single most important determinant of shareholder value creation in mergers and acquisitions
    6·2 answers
  • The following information is available for Sheridan Company:
    11·1 answer
  • 22. The difference between advertising and public relations is that advertising is:
    8·2 answers
  • On November 1, 20X1, Starbucks paid the rent of $90,000 for 40 of its stores in Colorado and Nebraska. The rent covers the perio
    14·1 answer
  • The subject of the auditing procedure inspecting is least likely to be: a. lease agreements. b. physical assets. c. personnel. d
    6·1 answer
  • Synopsis:
    5·1 answer
  • Classify each statement about the Federal Reserve System as either true or false.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!