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
scZoUnD [109]
3 years ago
11

Libra Electronics has invented a new technology to make laptops that are extremely lightweight and unbreakable. The company is a

dvertising aggressively and wishes to create demand for its new range of laptops. To attract customers, the company has priced the laptops attractively. However, in order to earn a profit, the company has priced the batteries required for the laptops extremely high. Which of the following is illustrated in this scenario? a. Razor and blade strategy b. Harvest strategy c. Downsizing strategy d. Divestment strategy e. Switching costs
Business
1 answer:
Solnce55 [7]3 years ago
7 0

Answer: Razor and blade strategy

Explanation:

The Razor Blade Model is a model that is used by companies to deeply discount or give away a core product hoping that the consumers will buy the more expensive and complementary dependent products.

The razor and blades business model is a model whereby one item is sold at a cheaper price or sometimes given for free so as to increase the sales of its complementary good. For example, ink catridges are required for inkjet printers and software and accessories are used for game consoles. So, selling ink catridges at a low rate can lead to more sales for inkjet printers.

You might be interested in
Suppose workers in Freecia can produce two bushels of rice with the same amount of effort it takes them to produce one memory ch
Reika [66]

Answer:

Freecia has a comparative advantage in producing memory chips

Explanation:

Comparative advantage occurs when a company has an advantage over the other through the production of certain goods at a cheaper rate.

Looking at the given example , let us assume that the cost of producing a bushel of rice is $10 and memory chips is $10

Warmia produces two bushels of rice at $70 and a memory chip at $70(ratio 2:1) 1/3*70= 23.3

Freecia produces five bushels of rice at $70 and two memory chips at $7

(Ratio 5:2). 2/7*70=14

We can see that the cost of producing memory chips is cheaper fo Freecia

8 0
3 years ago
If Japan has a comparative advantage in the production of microchips,how would that affect their international trade?
12345 [234]

Answer: countries would purchase microchips from japan because they are cheaper

Explanation:

6 0
2 years ago
Read 2 more answers
The following transactions are for Kingbird Company.
raketka [301]

Answer and Explanation:

The Journal entries are shown below:-

1. Account Receivable Dr, $450,000  

             To Sales revenue $450,000

(Being credit sales is recorded)

here we debited the accounts receivable as it increased the assets and we credited the sales revenue as it also increased the sales.

Cost of goods sold Dr, $310,000

         To Inventory $310,000

(Being Cost of goods sold is recorded)

here we debited the cost of goods sold as it increased the expenses and we credited the inventory as it decreased the assets

2. Sales return and allowances Dr, $ 22,000

         To Account Receivable $22,000

(Being sales return is recorded)

here we debited the sales return and allowances as it increased the sales return and we credited the accounts receivable as it decreased the assets

3. Cash Dr, $423,720

Sales discount Dr, $4,280 ($428,000 × 1%)

     To Account Receivable $428,000   ($450,000 - $22,000)

(Being cash and sales discount is recorded)

Here we debited the cash and sales discount as it increased the assets and sales discount and we credited the accounts receivable as it decreased the assets

8 0
3 years ago
A basic objective of a CPA firm is to provide professional services that conform with professional standards. Reasonable assuran
Vsevolod [243]

It should be noted that basic objective of a CPA firm is to provide professional services, and this is done by system of quality control.

With the establishment of quality control policies as well as procedure, reasonable assurance can be provided.

<h3>What are objective of a CPA firm?</h3>

The objective of a CPA firm is to be in control of the system and regulate the system activities.

objective of a CPA firm at;

brainly.com/question/14175988

6 0
2 years ago
According to mesmer-magnus and viswesvaran, organizational employees have three options to address an unsatisfactory situation f
zavuch27 [327]

According to Mesmer-Magnus and Viswesvaran, organizational employees have three options to address an unsatisfactory situation faced within an organization. These include: exiting the organization, remaining silent, voice discontent.

<h3>What are organizational employees?</h3>

They are the ones who effectively contribute to an organization's smooth operation. They work really hard to deliver what they promise and complete the specified tasks by the deadline. The culture of the workplace is significantly influenced by the personnel.

Through negotiation techniques, organizational members develop their identities as runners. Members take up the role of models for new members in a continuing identity. Running as a societal norm might be supported by an organization.

The foundation of a solid, long-lasting corporation is its workforce. No matter what level, employees are in charge of the company. This means that their fortitude, fidelity, and devotion, as well as their emotional ties to the company, cannot be valued as assets.

Mesmer-Magnus and Viswesvaran assert that there are three ways for organizational personnel to deal with problematic circumstances they encounter. These include leaving the company, keeping quiet, and voicing your dissatisfaction.

To learn more about organizational employees refer to:

brainly.com/question/1190099

#SPJ4

7 0
1 year ago
Other questions:
  • What can you bring in a carry on bag on a airplane ?
    8·1 answer
  • The term risk, when applied to borrowers, specifically refers to
    8·1 answer
  • Shao Airlines is considering two alternative planes. Plane A has an expected life of 5 years, will cost $100 million and will pr
    9·1 answer
  • Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8,838. The
    7·1 answer
  • A nightclub has several types of employees, each with a specialized task. Bartenders make drinks, bouncers check identification,
    10·1 answer
  • How can a manager also be a leader
    15·2 answers
  • Reeves Incorporated is issuing a note payable to four individuals for $5,000 each. Which individual will end up paying the MOST
    12·1 answer
  • When would sunk costs be irrelevant for current decision making?
    10·1 answer
  • Al’s Automotive started the year with total assets of $250,000 and total liabilities of $180,000. During the year, the business
    6·1 answer
  • A balanced federal budget and a balance of trade are secondary goals of macroeconomics, while growth in the standard of living (
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!