Answer:
<h2>In this case,Huojin is basically using Life Cycle pricing strategy.</h2>
Explanation:
- In Economics, life cycle pricing strategy basically refers to the determination of any product or service price based on the position of the concerned product or service within its life cycle.
- In this instance,Huojin decides to charge higher price for its new product as the production or manufacturing is relatively high during the initial stages of the product.
- Later on during the product life cycle,the manufacturing or the making cost of the new product gradually decreases thereby,allowing Huojin to reduce the price of the product during the subsequent stages of the its life cycle.Such type pricing strategy is known as Life Cycle pricing strategy.
Answer
The answer and procedures of the exercise are attached in a microsoft excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
based on the economics , the one that should be the most influential in making the decisions is : the value of resources The value of resources refer the one's capability in spending their resource to get what they want. An entity with low amount of resources , tend to be more careful about how they spent their resource Hope this helps. Let me know if you need additional help!
Explanation:
Hello,
Here is your answer:
The proper answer to this question will be option B "false". Thats because suppliers are the people that are paid to deliver the goods (or products) to a business. He or she has no input about how to run the business!
Your answer is B.
If you need anymore help feel free to ask me!
Hope this helps!