Hello, thanks for writing in.
You're asking: ________ pricing strategies work best in markets where no "elite" segments exist or in highly competitive markets where similar products are trying to gain a foothold. penetration odd skimming sliding-down-the-demand-curve
We will be filling out the blank with a explanation.
The answer to the blank is Penetration.
You would rewrite it: <u>Penetration</u> pricing strategies work best in markets where no "elite" segments exist or in highly competitive markets where similar products are trying to gain a foothold. penetration odd skimming sliding-down-the-demand-curve
Penetration pricing is where pricing strategies work in markets where similar products are trying to gain the spot in the light to get more overall money.
Answer:
Explanation:
If Mexico and the United States faced these opportunity cost, then to benefit from trade Mexico should specialize in producing OIL–. That is, UNITED STATES– would use some of the oil it produces and export the rest to MEXICO– in exchange for sugar. In order for the trade to be beneficial to both nations, the trade ratio must be between 2 and 3– tons of sugar per barrel of oil.
Answer:
$308.32
Explanation:
since the bond doesn't pay any coupons, its market value is equal to the present value of its face value:
market value = $1,000 / (1 + 4%)³⁰ = $1,000 / 3.243398 = $308.32
when a bond pays coupons, in order to determine the present value of the bond you would need to include the present value of the coupon payments (annuity).