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sdas [7]
3 years ago
11

Jaime needs milk from the grocery store. The milk is on sale for $1.50, significantly less than its customary price. Jaime also

purchases fresh cut flowers and gourmet pasta sauce. The milk pricing is an example of
Business
2 answers:
creativ13 [48]3 years ago
7 0

Answer: Loss leader pricing

Explanation:

Loss leader pricing is a pricing strategy that involves fixing the price of a product well below its cost or market price to attract a new set of customers. In most cases, the "loss" in such products is shifted to another product to cushion its effect. The grocery store is selling milk at $1.50 lower than its market cost by employing loss leader pricing strategy to its business model.

irina1246 [14]3 years ago
5 0

Answer:

Loss-leader pricing

Explanation:

Loss leader pricing can be defined as a way companies or business owners sell their good at low cost or price in other to attract customers.

LOSS LEADER PRICING can also be seen as a pricing strategy in which goods are selected and low price is tag on them rather than the usual price in order to draw the attention of the customers to the goods. This strategy often lead to increase in sales which in turn leads to high profits making by the company's or business owners and this can also happen when a company is trying to make up for the losses on the selected products with additional purchases of profitable goods.

Therefore LOSS LEADER PRICING can be seen as a pricing strategy method which companies can use by selecting one or more retail products which are to be sold below cost in order to attract customers.

Thus: according to the information given the mik pricing is an examples of LOSS- LEADER PRICING

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When workers are asked to participate in a research study, vulnerabilities related to the subject's employment may include:
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Answer:

e. All of the above

Explanation:

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3 years ago
The actual manufacturing overhead incurred at Hogans Corporation during April was $59,000, while the manufacturing overhead appl
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Answer:

Manufacturing overhead was over-applied by $15,000; Cost of Goods Sold after closing out the Manufacturing Overhead account is $274,000

Explanation:

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Cost of Goods Sold = $289,000 - $15,000 = $274,000

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