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Reil [10]
3 years ago
15

Diana owns a bakery where she sells cupcakes. Two blocks down there is another bakery, CC's Bakery, that sells cupcakes for $1 l

ess than Diana. Diana decides to lower her price and match CC's Bakery prices. What type of pricing strategy is Diana implementing?
Business
1 answer:
elena-14-01-66 [18.8K]3 years ago
3 0

Answer:

competitor-oriented pricing

Explanation:

competitor-oriented pricing is a technique for valuing in which a producer's value is resolved more by the cost of a comparable item sold by an incredible contender than by contemplation of purchaser request and cost of generation; likewise alluded to as Competition-Based Pricing.  

For instance: a firm needs to value another espresso producer. The company's rivals sell it at $25, and the organization thinks about that the best cost for the new espresso producer is $25. It chooses to set this very cost without anyone else item.

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True or False
Naddika [18.5K]
False i believe. not sure 
7 0
3 years ago
Read 2 more answers
On October 1, 20X3, Green Corporation paid $450,000 for all of Yellow Company's outstanding common stock. On that date, the book
Damm [24]

Answer:

The differential implicit in this acquisition is $110,000

Explanation:

The computation of the differential implicit is shown below:

Differential implicit = Amount paid - book value

                               = $450,000 - $340,000

                               = $110,000

The differential implicit shows a difference between the amount paid and the book value so we do not consider the fair value which is given in the question

3 0
2 years ago
Which of the following best describes an economic system?
stepladder [879]

Answer:Beans

Explanation: Open the can of beans and bean them.

3 0
3 years ago
Many areas of sales promotions are regulated by the _____ through the marketing practices division of the bureau of consumer pro
Ivahew [28]
The answer is Federal trade Commission.
The Federal Trade Commission (FTC) is established in 1914 by using the federal trade commission act, and this is an independent agency of the United States government whose primary venture is the advertising of consumer safety and the removal and prevention of anti competitive business practices which also includes coercive monopoly.
5 0
3 years ago
Wind Fall, a manufacturer of leaf blowers, began operations this year. During this year, the company produced 10,000 leaf blower
Citrus2011 [14]

Answer: Option (a) $146,500 is correct.

Explanation:

Company produced = 10,000 leaf blowers

Company produced sold =  8,500 leaf blowers

Income statement of year-end:

Sales = $ 382,500

Cost of goods sold = 170,000

Gross margin = $ 212,500

Selling and administrative expenses = 60000

Net income = $ 152,500

Production costs per leaf blower total = $20

Variable cost of goods sold = 8500 × $16 = $136000

Variable selling and administrative expenses = 15% of 60000 = $9000

Fixed production Cost = 10000 × $4 = 40000

Fixed Selling & Administrative expenses = (100% - 15%) of 60000 = $51000

∴ Net income under variable costing = sales - Variable cost of goods sold - Variable selling and administrative expenses - Fixed production Cost - Fixed Selling & Administrative expenses

= 382,500 - 136000 - 9000 - 40000 - 51000

= 146500

4 0
3 years ago
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