1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Katyanochek1 [597]
3 years ago
12

When VCRs were introduced in the​ mid-1970s, they were priced at​ $900 and above. As more competitors and new technology entered

the​ market, the price dropped dramatically. This is an example of​ _______.
Business
2 answers:
Eduardwww [97]3 years ago
7 0
Penetration pricing.
enot [183]3 years ago
3 0

I believe the answer is: Penetration pricing


In penetration pricing, the price of product would be set to be lower compared to other product in the beginning of its introduction, and would gradually be increased as the company obtain more market share.

This strategy is commonly used only if the new product has a clear advantage in term of quality compared to the competitors.

You might be interested in
John works for a consumer products company. His job is to use information to identify and define marketing opportunities, evalua
katovenus [111]

Answer:

The correct answer is marketing research.

Explanation:

Marketing research is the process that includes the actions of identification, collection, analysis and dissemination of information with the purpose of improving marketing decision making. Its implementation occurs basically for two reasons: (1) to solve problems, for example, determine the potential of a market; and / or (2) to identify problems, for example, to know why a product does not have the expected consumption. In essence, it seeks to meet the customer thus complying with the first premise of marketing.

4 0
3 years ago
Refer to Table 16-2. What is the concentration ratio for Industry M? a. about 52% b. about 22% c. about 96% d. about 40%
Harlamova29_29 [7]

The concentration ratio for Industry M is 52%.

The concentration ratio of industry M can be determined by adding the the ratio of the output to the total output of  each of the six firms together.

  • Ratio of firm 1's output to total output = 22,987 / 198,400 = 0.11586 = 11.59%
  • Ratio of firm 2's output to total output = 21,444 / 198,400 =  0.1081 = 10.81%
  • Ratio of firm 3's output to total output = 18,787 / 198,400 = 0.0947 = 9.47%
  • Ratio of firm 4's output to total output = 16,454 / 198,400 = 0.0829 = 8.29%
  • Ratio of firm 5's output to total output = 12,890 / 198,400 = 0.065 = 6.5%
  • Ratio of firm 6's output to total output = 22,987 / 198,400 = 0.0506 = 5.06%

Sum of the percentages = 51.72%

Please find attached a table used to answer the question. A similar question was answered here: brainly.com/question/14903886

3 0
2 years ago
Financial Planning Partners​ Inc., employs 12 fulltime CPAs and 10 paraprofessionals. Direct and indirect costs are applied on a
mihalych1998 [28]

The correct answer is C) overallocated.

When using a normal costing​ system, yearend accounting records will show that indirect costs are​ overallocated.

This means that in any business, overallocation is when resources are not correctly allocated to the departments or activities needed. SO when planning a project, overallocation can be the mistake of assig more resources to one side of the project, department, area, or unit. This implies the idea that other departments or activities are gings to lack the proper funding to do their work. Of course, overallocation can affect the results of the project or the time is needed to get it done.

5 0
3 years ago
It is a good idea to get and use an many credit cards as possible to build credit history. True False
Ivenika [448]
False because you can get bad credit if you ever owe the bank money or if you made a late payment
6 0
2 years ago
If an expenditure related to a depreciable asset is incorrectly treated as a capital expenditure, instead of as repairs and main
ratelena [41]

Answer:

The answer is letter C.

Explanation:

The current year's net income will be higher and future depreciation expense will be higher.

5 0
3 years ago
Other questions:
  • "Holly, Inc. is a U.S.-based MNC contemplating the acquisition of a Thai firm which will be used to produce computers that will
    15·1 answer
  • If there are two lawyers with similar experience and fees, you should make a decision by _____.
    7·2 answers
  • Suppose company a wants to develop a program that duplicates the functionality of a program made by company
    14·1 answer
  • You’ve observed the following returns on Crash-n-Burn Computer’s stock over the past five years: 13 percent, –8 percent, 16 perc
    13·1 answer
  • What law requires businesses to communicate more openly about the hazards associated with the materials they use and produce and
    8·1 answer
  • When electra decided to produce its "pedal-assist" motor bike it had to adhere to speed regulations. the company found out, howe
    7·1 answer
  • A two digit number is such that, the sum of its digit is 13. When the digits are interchanged, the original number is increased
    5·1 answer
  • Noma plans to save $3,400 per year for the next 35 years. If she can earn an annual interest rate of 9.2 percent, how much will
    5·1 answer
  • Aquatic Equipment Corporation decided to switch from the LIFO method of costing inventories to the FIFO method at the beginning
    11·1 answer
  • In marketing and sales communications, it is illegal to use bait-and-switch advertising
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!