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Fittoniya [83]
3 years ago
11

Remote Company has developed a new universal remote that works with all cable, over the air and streaming channels. While the de

vice is unique, it’s competitors will soon (6-12 months) be able to reverse engineer it and introduce their own version into the marketplace. Remote Company’s best pricing strategy would be:
A. Psychological pricing
B. Penetration pricing
C. Cannot be determined.
D. Skimming price
Business
1 answer:
Blizzard [7]3 years ago
3 0

Answer:

The correct answer is letter "B": Penetration pricing.

Explanation:

Penetration pricing unveils new goods or services at an initially low price to draw buyers away from rivals. Penetration pricing allows a business to create barriers to market entry by removing them. <em>The new company hopes that consumers will continue to use their products even after prices increase to normal levels.</em>

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Bob is training for a triathlon, a timed race that combines swimming, biking, and running.Consider the following sentence: Bob h
madam [21]

Answer:

B) People face trade-offs

Explanation:

A trade-off happens when you have to balance two (or three in this case) opposing situations. In economics all resources are scarce, and time is the only resource that everyone shares equally. Bob is facing opportunity costs, i.e. if he chooses to train one activity he cannot train the other.

Bob has to decide how to divide the time he can spend training. If he chooses running, he can´t swim or ride a bike. So he has to balance the time spent on each activity, probably depending on which sport he needs to train the most.

6 0
3 years ago
North Carolina produces sweet potatoes in its rich soil, but does not have the climate to grow oranges well. It is correct to sa
inessss [21]

Answer:

c. comparative advantage in

Explanation:

In economics, comparative advantage is the advantage a trade party has over the other party, in the production of a a particular good that has a relatively lower opportunity cost. It simply involves exploring the option that has overall best package.

North Carolina has a comparative advantage in sweet potato production relative to Florida, as the opportunity cost involved is lower, since there is little potential benefits North Carolina will get in the production of oranges.

3 0
3 years ago
Hollandaise contains mostly
alexdok [17]
Hiya! hollandaise sauce mostly contains equal parts of egg yolk and butter.
8 0
3 years ago
Wade Company is operating at 75% of its manufacturing capacity of 140,000 product units per year. A customer has offered to buy
DanielleElmas [232]

Answer:

Income will increase by $5 per unit

Explanation:

The income effect in case of the order accepted is presented below:

As we know that

Additional sales per unit $32

Direct material per unit $12

Direct labor per unit $9

And, the incremental variable overhead cost is $6 per unit

Since the fixed cost is the same so it does not affect the effect on income

So, the income effect would be

= $32 - $12 - $9 - $6

= $5 per unit

Since the answer comes in positive which means there is an increase in income

5 0
3 years ago
If the the United States imports $100 million of goods and exports $150 million, what does the United States have?
Alik [6]
B) A trade surplus.
8 0
3 years ago
Read 2 more answers
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