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grandymaker [24]
3 years ago
13

3. High-end pricing depends on the customer having which of the following perceptions?

Business
1 answer:
djyliett [7]3 years ago
5 0
<h2>More expensive products are better</h2>

Explanation:

According to psychological theory, whenever a customer sees a branded item, the next immediate thing that comes to his/her mind is the price and quality.

According to the customers point of view, a branded item will possess a good quality but the cost will be little higher when compared to the non-branded items.

So higher the price, customer feels that higher the quality.

All the other options feel right sometime but option 1 is the right answer.

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A student has inherited $50,000. If it is placed in asavings account that earns 3% interest, how much isin the account in 30 yea
taurus [48]

Answer:

$121,363

Explanation:

The amount in 30 years is known as the Future Value (FV) . We arrive at this figure by compounding the Present Value using the interest earned on the savings as follows :

PV =  $50,000

P/yr = 1

N = 30

PMT = $ 0

i = 3 %

FV = ?

Using a Financial calculator to enter the amounts as shown above, the FV can be determined as $121,363

8 0
3 years ago
Cleaners &amp; Solvents, Inc. (CSI), engages in deceptive advertising when it markets its product Dirt Remover as able to kill g
AlexFokin [52]

Answer:

multiple product order

Explanation:

A multiple product order is not a court order, but rather an order coming from the Federal Trade Commission ordering a firm that has used false or deceptive advertisement to stop doing it. This prohibition includes all the products manufactured or sold by the company that used the false advertisement.

In this case, CSI has to stop all types of advertisement regarding the products that it manufactures.

7 0
3 years ago
Question- outline and discuss the steps of the marketing management process that a marketing manager Is Responsible for
lord [1]

Answer: 1) Raising brand awareness 2) Supervise sales team 3) Carry out presentation

Explanation:

The marketing management has a lot to do to ensure a product is well sold in the market.

1) Raising brand awareness; the product management must come up with innovative wats of promoting brand awareness, either through social media or street marketing, these lies in their hands to do. They are to come up with marketing campaigns

2) Supervise team: the product management would work with a team of marketers and while doing so, would supervise each of them in monitoring how they are going about getting new clients and retaining old clients

3) Presentations; where the nee arises, the marketing management would go out for presentations to companies and group of organization to teach about her products. This can also be done by her team members but they are some occasion the management plays the role

4 0
2 years ago
Identify four (4) different types of credit (purposes)
DiKsa [7]

Answer:Revolving Credit. Charge Cards. Installment Credit. Non-Installment or Service Credit

7 0
3 years ago
Read 2 more answers
The following data are for a series of increasingly extensive flood control projects:
igomit [66]

Answer:

b. $28,000 and $12,000 respectively

Explanation:

The marginal cost and marginal revenue refers to the additional cost or revenue that is generated for adding an additional unit or increasing the ouput by one unit,

In thi case, moving to Large reservoir from Medium reservoir

Marginal cost: 72,000 - 44,000 = 28,000

<em>It cost 28,000 to move to a large reservoir</em>

Marginal revenue :64,000 - 52,000 = 12,000

<em>It generates additional benefit for 12,000</em>

8 0
3 years ago
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