Answer:
Epic Electronics is considering a strategy to charge a very high introductory price for their automobile video theater. After identifying that their rival firms did not carry this new product, they chose this pricing strategy to achieve maximum profits. Epic Electronics has chosen a<u> skimming </u>strategy.
Explanation:
Price skimming is a pricing strategy in which a marketer fixes a relatively high initial price for a product or service at first, then lowers the price over time. It is a temporal version of price discrimination/yield management.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Standard cost= 6.90 per ounce
Standard quantity= 4.8 ounces per unit
Actual output 2,100units
Actual price of raw materials $7.80 per ounce
Actual cost of raw materials purchased $81,900
Raw materials used in production 10,090 ounces.
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (6.9 - 7.8)*10,090= $9,081 unfavorable
Answer: The EU sees Germany's environmentalism as a regulatory trade restriction.
Explanation: Regulatory trade restriction are impediments that seems to discourage importation of goods.
They are more often placed by Governments to promote the use of locally made goods and prevent the importation of foreign goods.
Usually, when two or more countries repeatedly place trade barriers, a trade war occurs.
