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Yuliya22 [10]
3 years ago
9

When Toyota introduced its Scion line of cars, the lowest-price model was listed for $15,000 while the highest-priced model was

listed for $21,000, with two other list prices in between. Each price point represented distinct differences in the features and quality of the cars. Toyota used a ________ pricing approach.
Business
1 answer:
Minchanka [31]3 years ago
3 0

Answer:

Toyota used the price lining approach of pricing

Explanation:

Price lining is also known as the product line pricing which is a process of marketing, wherein the products or the services within a particular group are set at the different points of the price.

So, the company used the approach of price lining where they have the highest price as well as the lowest price list.

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Johanna Taylor, a creative developer at Leo Technologies Inc., is developing a website for the company. To address the usability
Fiesta28 [93]

Answer:

Design

Explanation:

Johanna Taylor, a creative developer at Leo Technologies Inc., is developing a website for the company. To address the usability needs of website visitors, she ensures that visitors would be able to easily locate what they need on the website. She avoids flashy graphics and chooses a font with high readability. Joanna is most likely in the design stage of the Soft ware development life-cycle.

The Design stage of Software Development Life Cycle is the crafting phase where a developer like Johanna Taylor in the scenario, would ensure that the features of the software meets the requirements and purpose of developing the software

6 0
3 years ago
A demand function for step stools manufactured by U-Step is q = -720p + 20,500.
meriva

Answer:

$140,420

Explanation:

The demand function is q = -720p + 20,500.

The price is $17

q = -720 ($17) + 20500 = 8260

The quantity sold is 8260

Revenue = price × quantity sold

= $17 × 8260 = $140,420

5 0
3 years ago
How do upgraded urls help advertisers with third-party conversion tracking?
Sedaia [141]
It helps advertisers with conversion tracking because it manages a single tracking url at the campaign level, or group level that is separate from the landing page url
4 0
4 years ago
Which of the following statements is correct?a. Monopolistic competition is similar to monopoly because both market structures a
nata0808 [166]

Answer:

The correct answer is (A)

Explanation:

Monopoly and monopolistic competition are similar in many ways. In both type of markets the firms are usually the price makers. Being the only firm in the market gives them an opportunity to earn abnormal profits and in both cases firms earn abnormal profits. Perfect competition is a type of market that is totally different in terms of number of sellers and buyers. In perfect competition firms are the price takers.

4 0
3 years ago
Why is it so important for all entrepreneurs to be prepared for changing technology
Elenna [48]
Because today's business are wholly dependent on technology for their survival. 

This is especially in production, customer service, and marketing.
8 0
3 years ago
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