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
You want to buy a house within 3 years, and you are currently saving for the down payment. you plan to save $5,000 at the end of
iragen [17]
<span>Answer: Just get the FV of each year's cash flow.
At T1 - 5,000, N 2, R 7%, Compute FV at T3 - 5,724.50
At T2 - 5,500, N 1, R 7%, Compute FV at T3 - 5,885.00
At T3 - 6,050, N 0, FV at T3 - 6,050

Total at T3 - 17,659.50</span>
6 0
3 years ago
Brian and Leslie have made an offer on Rudy and Judith's home. The first offer was rejected by the sellers. Brian and Leslie mad
Vinil7 [7]

Answer:

The correct answer is Once the counteroffer is made by the seller, the buyer's original offer becomes invalid. If the buyers accepts the offer the seller has made, the same process takes place as with a regular offer.

Explanation:

Buying a house is rarely as simple as bidding and paying for that offer. Negotiations can come and go for weeks before the seller and the buyer are satisfied.

The vehicle for this negotiation is the counter offer, a vital and complex rejection and contrary to an offer made by either party. Counter offers are typically handled between real estate agents and are time sensitive.

Selling or buying a house is more a process than a transaction, so it is important to understand the counter offers before making your first offer.

3 0
3 years ago
the insured under a $1000000 life insurance policy with a triple indemnity rider for accidental death was killed in a car accide
mart [117]

Answer:

A triple indemnity rider establishes that the insurance company will pay double or triple (depends on the accident and the specifics of the policy) the original insurance amount in case the insured dies from an accident as long as the insured was not responsible for the accident. In this case, since the insured was responsible for causing the accident, his family will receive the face value of the policy ($1,000,000) and the triple indemnity rider clause will not be enforced.

3 0
3 years ago
Wilson Corporation produces a large number of fishing products. The costs per unit of a particular fishing reel are as follows.
vlada-n [284]

Answer:

The decision is incorrect. It is cheaper to make in house.

Explanation:

Giving the following information:

Make in house:

Direct materials and direct labor 10

Variable factory overhead 6

Fixed factory overhead 4

The company recently decided to buy 10,000 fishing reels from another manufacturer for $18

We need to  calculate the unitary variable cost of production. Fixed costs are unavoidable, therefore they shouldn't be taken into account.

Variable cost= direct material + direct labor + variable overhead

Variable cost= 10 + 6= $16

The decision is incorrect. It is cheaper to make in house.

3 0
3 years ago
How are a startup's financing requirements estimated
Flauer [41]

Answer:

How are Startups Financing Requirements Estimated?

1. Make Use of a Startup Work Sheet to be Able to Plan the Initial Financing.

2.  Focus on the Expenses versus Assets. Another way for startups to estimate their financing requirements is by means of focusing on the expenses versus assets.

3. Similar Articles.

4. Cash Balance Prior to the Starting Date.

Explanation:

8 0
3 years ago
Other questions:
  • On January 1, 2020, a company purchased a commercial truck for $48,000 and uses the straight-line depreciation method. The truck
    11·1 answer
  • What are the 5 specific forces that are acting as stimulant for changes with relevant examples
    10·1 answer
  • The art of getting the greatest benefit from limited financial resources is called A. inflation. B. financial management. C. mar
    7·1 answer
  • 4. Which of the following is not a situation involving external shock?
    12·2 answers
  • A convertible bond has a face value of $5,000, a conversion price of $40, a coupon rate of 6 percent, semi-annual payments, and
    5·1 answer
  • If Treasury bills are currently paying 6.5 percent and the inflation rate is 1.3 percent, what is the approximate and the exact
    13·1 answer
  • Amy and Soma discover a stream that flows wine. Amy and Soma decide to bottle the wine and sell it. The marginal cost and the fi
    13·1 answer
  • 100 PIONTS PLZ Answer
    11·1 answer
  • The Western and Pacific Railroad has two divisions, the Western Division and the Pacific Division. The company recently invested
    14·1 answer
  • Mary parker co. invested $15,000 in abc corporation and received common stock in exchange. mary parker co.'s journal entry to re
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!