Answer:
a. capture the high end of the market demand curve and lower introduction costs.
Explanation:
Penetration pricing strategy is an approach where a company seeks to gain market share of a new product by introducing the product at a lower price. The objective is to use the low price to make customers notice the new product. Penetration pricing aims at encouraging customers to try out the product, thereby creating a market for that product.
Penetration strategy is effective where other suppliers have similar goods and services. The marketer attempts to convince consumers to ignore other goods and buy his or her products. The strategy discourages more competitors from entering the market. Although the strategy grows sales rapidly, It's risky as customers may abandon the product should the business adjusts prices to make profits
It's because then author stores may be like you're feeling there is a first mover advantage to becoming almost one of the only FEW anchors at a new mall. This would make it so if there were anchors everywhere, it wouldn't be as good for the mall.
u get money back from what u brake or what is stolen that is the meaning
Answer:
The question is not complete, below is the completed question:
The wage rate for widget makers is currently $25 per hour and Ajax hires 20 widget makers. If the wage rate were decreased to $20, what would happen to the marginal revenue product for labor at Ajax?
A) It would remain the same.
B) It would increase since Ajax's demand for labor curve will shift.
C) It would increase since the price of widgets would decrease.
D) It would decrease since Ajax will hire more workers.
Answer:
The correct answer is:
It would decrease since Ajax will hire more workers. (D)
Explanation:
Marginal Revenue Product for Labour (MRPL) is the extra labour generated when an extra worker is employed. In this case, since the wages decreased from $25 to $20, Ajax will hire more workers, because it can afford to pay more workers, meanwhile, the extra labour generated on the employment of an extra worker will decrease. The MRPL is used by firms to determine the number of labour to employ since they have to employ the right amount of labour to maintain profit and prevent diminishing returns associated with excess labour employment.
Answer:
D. Bonds pay dividends
Explanation:
Just finished the test :)