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
Dmitrij [34]
3 years ago
10

Nintendo chose a ___________ approach to pricing for a new game console because they felt the market for this product was price

sensitive, there are major economies of scale to be achieved, and both sony and microsoft would be introducing new game systems shortly
Business
2 answers:
OverLord2011 [107]3 years ago
7 0
Nintendo chose a penetration approach to pricing for a new game console.The penetration approach means that Nintendo offered a low price for the new product (the console) or service during <span>its initial offering, </span>because they <span>expect that customers will switch to the new brand because of the lower </span>price.
Bingel [31]3 years ago
3 0
<span>Premium Pricing approach, it is premium pricing because they want to capture the feeling of value for the consumer, the price needs to be high enough that people believe it is a premium product based purely on its price, but low enough to ensure people will actually buy it.</span>
You might be interested in
In most systems for reducing pollution using an effluent fee, the government is directly involved as a fee collector. For exampl
Ganezh [65]

The Italian government can increase the efficiency of its effluent system by becoming creating a law that makes it illegal to smoke in smoke-free zones.

<h3>What is an Effluent?</h3>

This refers to wastes that are secreted or released into the air, water, or underground channels.

Examples of effluents are:

  • Liquid factory waste
  • Smoke
  • Sewage etc.

See the link below for more about the effluent system:

brainly.com/question/6277954

3 0
2 years ago
When several alternative investment proposals of the same amount are being considered, the one with the largest net present valu
Likurg_2 [28]

Answer:

The answer is c. present value index

Explanation:

Present value index is the ratio decided by dividing net present value of the project by its require initial net cash outflows.

Once having constraint on selecting investment with positive NPV to be made due to lack of fund, a firm's usually use Present value index for further decision making.

The investment with higher present value index shows that it generates more net cash flow or in other words, more efficient and requires less initial cash outflow, and thus usually be chosen over the other ones with lower present value index.

4 0
3 years ago
A certificate of deposit that changes the rate of interest based on the prevailing market interest rate is known as a: A Market
8090 [49]

Answer:

B. Step-up/Step-down CD

Explanation:

A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.

Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.

Additionally, the bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.

A Step-up/Step-down certificate of deposit (CD) is a type of CD that changes the rate of interest for a deposit based on the prevailing market interest rate.

4 0
3 years ago
Ploeger Corporation has provided the following contribution format income statement. Assume that the following information is wi
Crazy boy [7]

Answer:

Break-even point (dollars)= $234,000

Explanation:

Giving the following information:

Sales (4,000 units) $ 240,000

Variable expenses 156,000

Fixed expenses 81,900

To calculate the break-even point in dollars, first, we need to determine the selling price and unitary variable cost:

Selling price= 240,000/4,000= $60

Unitary variable cost= 156,000/4,000= $39

Now, we can calculate the break-even point:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 81,900/ [(60 - 39) / 60]= $234,000

8 0
3 years ago
Rembrandt Paint Company had the following income statement items for the year ended December 31, 2021 ($ in thousands): Sales re
Ugo [173]

Answer:

<h2>           Rembrandt Paint Company</h2><h2>Income Statement - December 31, 2021</h2>

Sales revenues                                                        $24,000,000

- Cost of goods sold                                              <u> ($13,500,000)</u>

Gross margin                                                           $10,500,000

Operating expenses:

- Selling and adm. expenses             ($420,000)

- Restructuring costs                        ($1,400,000)

Total operating expenses                                        <u>($1,820,000)</u>

Income from operations                                          $8,620,000

Other revenue and expenses:

Gain on sales of assets                   $3,200,000  

Interest revenue                                 $220,000

Loss from discontinued oper.       ($2,200,000)

Interest expense                               ($420,000)

Total other revenue and expenses                             <u>$800,000</u>

Net income pre-tax                                                   $9,420,000

Income taxes (25%)                                                  <u>($2,355,000)</u>

Net income after taxes                                             $7,065,000

Shares outstanding                                                        600,000

Earnings per share (EPS)                                                    $11.78

   

3 0
3 years ago
Other questions:
  • A firm is considering purchasing an asset that will have a useful life of 15 years and cost​ $7.5 million; it will have installa
    6·1 answer
  • Drum buffers are:_________
    5·1 answer
  • Assume that the company expects sales of each product to decline to 25,000 units next year with no change in unit selling price.
    11·1 answer
  • Carol works in the same company as Bob. She performs the same work, but receives a lower salary. This is an example of _____.
    14·2 answers
  • Republic Industries decides to price delivery services according to the results of a recent activity-based costing (ABC) study.
    13·1 answer
  • For each of the following item below, indicate to which category of elements of financial statements it belongs.
    11·1 answer
  • Which best describes the role of financial planning?
    8·1 answer
  • [5] According to the FASB’s conceptual framework, which of the following best describes the distinction between expenses and los
    14·1 answer
  • In Word Online, misspelled words are underlined in __________ . (2 points)
    15·2 answers
  • Give an example of financial leverage, define it and explain how financial leverage works
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!