Answer:
Skimming
Explanation:
Price skimming, also known as skim pricing, is a pricing strategy used by those who face little or no competion, what normally happens is that a firm charges a high price and then gradually may need to lowes the price to attract more customers.
Price skimming is used to earn large profits especiallyn when a new product or service is introduced into the market. The pricing strategy is largely useful iwhen the firm is the first to enter the marketplace. The aim of this is to generate the large profit in the shortest time possible.
Answer:
a. In excess of .95
Explanation:
Waygate's residential internet modem works well but is sensitive to power-line fluctuations. On average, this product hangs up and needs resetting every 200 hours. On average about 45 minutes is needed to reset this product. What is this product's availability? In excess of 0.95
MTBF is 200 and MTTR is 0.75. This will leads to an availability of 0.996, so option a is the correct answer
a. In excess of .95
b.In excess of .8 but not in excess of .9
c.Not in excess of .75
d.In excess of .75 but not in excess of .8
e. In excess of .9 but not in excess of .95