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madam [21]
3 years ago
9

Dream Homes is an appliance store. It recently launched its own brand of freezers in order to build customer loyalty. The store

launched three different models to cater to low, middle, and high income groups. The freezers are also priced accordingly. These freezers are exclusive to Dream Homes and cater to all customer segments. This pricing strategy involving price points within a merchandise category is known as ___________.
Business
2 answers:
aleksandr82 [10.1K]3 years ago
6 0

Answer:

Price lining

Explanation:

Pricing strategy can be defined as an approach used by various organizations to determine the amount in which their goods and services will be sold. The different prices of products will go a long way in determining the amount of profit that will be made by the company.

Price lining is a pricing strategy in which the price of products depends on the category which they fall under such as the quality. Price lining helps an organization to maximise a high amount of profit.

s344n2d4d5 [400]3 years ago
4 0

Answer:

Price lining

Explanation:

Price lining in marketing, describes a process in which goods and services are set at different price levels according to quality, degree, attributes or features.

The higher the price, the better the quality to the consumers.

In this case, Dream Homes launched three different freezer models to cater to low, middle, and high income groups according to a price.

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Step2247 [10]

Answer:

Steve job is the natural leader and gather with gigantic imagination and astounding thoughts regarding determining for future. He was a prepared trend-setter who reshaped whole ventures by his scholarly brain, good thoughts and peerless self control that comes for purchaser desire for present and future needs.  

So "Business person" would surly fit for his character. Steve Jobs have a sort of character which satisfied with number of characteristics that accommodate him for imagination and imaginative.  

Steve was acceptable in sharing his inclination and punish individuals ahead to take obligations. These are the characteristics of Extrovert individuals. This can be seen each time both in progress and disappointment, he never seize to quit talking about the conceivable outcomes.  

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4 0
3 years ago
Read 2 more answers
Suppose that a company needs 1,500,000 items during a year and that preparation for each production run costs $900. Suppose also
bulgar [2K]

Answer:

30,000 units

Explanation:

we can use the economic order quantity formula:

EOQ = √(2SD/H)

where:

  • S = order cost (per purchase order) ≈ production run cost = $900
  • D = demand in units (annual basis) ≈ production requirement = 1,500,000 units
  • H = holding costs (per unit, per year) = $3 per item, per year

EOQ = √[(2 x $900 x 1,500,000) / $3] = 30,000 units

5 0
3 years ago
The seller of product a has no idle capacity and can sell all it can produce at $60 per unit. outlay (variable) cost is $12. wha
Marrrta [24]

The answer is $48.

The seller of product a has no idle capacity and can sell all it can produce at $60 per unit. outlay (variable) cost is $12. $48 is the opportunity cost, assuming the seller sells internally

It is calculated as follows:

Opportunity cost= Production cost- Outlay cost

                             = 60-12

                               =$48

Opportunity costs represent the potential benefits which any individual or investor, or  any business misses out on when choosing one alternative over another.

Because the opportunity costs are generally unseen by definition, they can be easily overlooked. Understanding of the potential missed opportunities when any business or any individual chooses one investment over another investment allows for better decision making.

To know more about opportunity cost here:

brainly.com/question/13036997

#SPJ4

5 0
2 years ago
What is a stock market
Dahasolnce [82]
It is a stock exchange 
5 0
3 years ago
Read 2 more answers
Actions taken by governments in order to promote the use of their own resources include all of the following EXCEPT:
timama [110]
It's C


I hope it helped you!
8 0
3 years ago
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