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lesya692 [45]
3 years ago
8

When Lofonift Inc introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at t

he lowest price in the market. This gradually forced many of its competitors out of business. Once its competitors were out of business, Lofonift Inc raised its prices. In this scenario, Lofonift Inc most likely indulged in _____.​
A) ​Predatory pricing
B) ​Price discrimination
C) ​Status quo pricing
D) ​Price fixing
Business
1 answer:
tatuchka [14]3 years ago
8 0

Answer:

A) Predatory pricing

Explanation:

Predatory pricing consists in first: setting a very low price for the product, so that customers are gained, and competitors are driven out of the market, and second, once competitors are no longer in the market, raising the pricing to a more profitable level.

Predatory pricing is illegal in many countries, for example, in Germany, because it is considered an unfair form of competition.

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How you might reorient yourself to your own job
umka2103 [35]

Answer:

well, first I would start off by listening to others. I would also try to get along with anyone who comes in the job. Sometimes, people take the credit of the work you do, so instead of taking it out on others, deal with it yourself. Everyone has different levels of stress, but it is never ok to take yours out on others. |

|

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( this is the funny answer)

I would start by stop clogging stall number 2, I am truly sorry for our poor custodian Edna. Poor, poor Edna. I would also stop using the printer for putting stupid pictures in others offices. The last time I put my butt on the printer, printed it, and put it on Stevens computer. The only thing Steven was able to open was my hairy butt crack.. I'm sorry Steven. So, I am trying, but ya know, life is a working process..

( hope that this made you laugh)

3 0
3 years ago
what are two significant strengths that can have an impact on your overall success? why do you think so?
Marina CMI [18]
I’d say bad experience or struggles you have went through can strengthen you
5 0
3 years ago
Sage Hill Inc. Issues $254,000, 10-year, 10% bonds at 97. Prepare the journal entry to record the sale of these bonds on March 1
Mamont248 [21]

To record final annual interest and bond repayment:

2017

Mar 1

Bonds interest expense       $25,400

Bonds payable                      $254,000

          Cash                                                  $279,000

On March 1, 1997, the date of issuance, the entry is:

1997

Mar 1

Cash                                        $254,000

          Bonds payable                                  $254,000

On each March 1 for 10 years, beginning March 1, 1997 (ending March 1, 2017), the entry would be (Remember, calculate interest as Principal x Interest Rate x Time)

Mar 1

Bond Interest Expense ($100,000 x 12% x 1)          $25,400

          Cash                                                                                  $25,400


8 0
3 years ago
Channel members can help producers by identifying customer complaints, customer preferences, and new competitors in the market.
butalik [34]

Answer:

communication

Explanation:

communication function of channel intermediaries.

Channel intermediaries are responsible for making sure that the product is available at the appropriate quantities, at the right time and place for end user consumption. They also serve as a means of communication between the consumer and producer concerning such issues as product quality.

5 0
2 years ago
A model of demand predicts that a rise in price will cause a decrease in the quantity of a good consumers want to buy anda in pr
luda_lava [24]

Answer:

Option (a) is correct.

Explanation:

According to the law of demand, there is an inverse relationship between the price of the product and the quantity demanded for that product. Hence, if there is an increase in the price of the good then as a result this will decrease the quantity demanded for the good and if there is a fall in the prices of the goods then as a result the quantity demanded for the goods increases.

Therefore, the change in the price level of the goods represents the cause and its effect is the change in the quantity demanded for the goods that a consumer want to purchase.

8 0
2 years ago
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