It would have to go down so people would have the surgery
The newest version of a product like Crutchfield headphones is likely to use price skimming, while the new version of Monster Energy is likely to use penetration pricing
<h3>What is
price skimming?</h3>
Price skimming is a pricing strategy that a company can use when launching a new product or service.
Electronic products, such as the Apple iPhone, frequently use a price-cutting strategy during the initial launch period. Then, after competitors launch competing products, such as the Samsung Galaxy, the price of the product drops to maintain the product's competitive advantage.
The pricing strategy will be influenced by the stage of the product's life cycle. The process of charging a relatively high price for a product is referred to as price skimming. Skimming is commonly used when a product is new to the market (in its introduction or growth phase) and has few competitors.
To know more about price skimming follow the link:
brainly.com/question/15371394
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The answer to the question above is "$500 per month monetary cost but a $1500 per month opportunity cost" based on the situation shown in the question above. The monetary cost is the certain amount which Jeanne will receive. The opportunity cost is the return which Jeanne could receive if she did not rent the house to his brother.
First take away the decimals and multiply 169 x 63 = 10647
then you place the decimal on the 4th digit from the right since there's 3 places on .169 and 1 on 6.3 thus 1.0647