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
wel
2 years ago
12

I will pay 5$ to the who solve it

Business
1 answer:
elena55 [62]2 years ago
4 0

Answer:

a. The price that the company should sell the new toy at if it prices at cost plus profit at 100% profit markup is:

= $20.

b. The price that the company should sell the new toy at if it prices using competitive pricing is:

= $22.50 (average of competitors' prices)

c. The price that the company should sell the new toy at if it prices using penetration pricing is:

= $20 (lowest market price)

d. The price that the company should sell the new toy at if it prices using price skimming is:

= $25.

Explanation:

a) Data and Calculations:

Cost of producing a new toy = $10

Competitors' prices are:

Product A – $25

Product B – $20

Product C – $23

Product D–  $22

Total =          $90

Average price = $22.50 ($90/4)

Cost =   $10

Markup   10 ($10 * 100%)

Price = $20

b) An important consideration in the pricing of products is customers' and competitors' reactions to the firm's selling price.  The purpose of considering customers is to ensure that enough demand is generated to cover production cost and make profits.  Competitors can wage price wars to discourage new entrants into their markets.  Many pricing methods are in use, depending on the prevailing market realities.

You might be interested in
Suppose the price of salt increases by 25 percent​ and, as a​ result, the quantity of pepper demanded​ (holding the price of pep
Lisa [10]

Answer:

Option (C)

Explanation:

As per the data given in the question,

Price of salt increases by = 25%

Quantity of pepper demanded increases by = 4%

Cross price elasticity = Quantity of demand increases ÷ Price of salt increases

= 4% ÷ 25%

=0.16  

Hence Cross-price elasticity of demand between salt and pepper would be positive.

So option (C) is answer

8 0
2 years ago
there are differences between leasing and buying a car. when you _____, you own the car when you finish paying. purchase a car w
Sedbober [7]
When you buy a car, you own the car when you finish paying. Leasing is when you rent it.
3 0
3 years ago
Read 2 more answers
Hello anyone know carson lueders
GalinKa [24]

Answer:

Im not sure who he is

Explanation:

5 0
2 years ago
Read 2 more answers
Freya plans to invest $3,200 a year for 25 years starting at the end of this year. How much will this investment be worth at the
Dmitry [639]

Answer:

$240,885.11

Explanation:

The formula to be used is = annual payment x annuity factor

Annuity factor = {[(1+r) ^N ] - 1} / r

R = interest rate = 8.2 percent

N = number of years = 25

[(1.082^25) - 1 ] / 0.082 = 75.276598

75.276598 x $3,200 = $240,885.11

I hope my answer helps you

5 0
2 years ago
Ron just started working for a car wash company two weeks ago. Ron's team members come back from breaks late, and do not worry t
s344n2d4d5 [400]

Answer:

I would say B would be the best answer.

Explanation:

You shouldn't try to push it onto yourself to fix, the owner/manager to fix the problem!

3 0
2 years ago
Other questions:
  • Economist A says all of the following: The economy needs expansionary fiscal policy to remove it from a recessionary gap. Govern
    13·1 answer
  • When friends of Brian Richardson went to the carnival, they always wanted to take him with them because Richardson had an uncann
    13·1 answer
  • What are opportunity costs? How do explicit and implicit costs relate to opportunity costs? Also, a key difference between accou
    5·1 answer
  • Foreign education loans interest subsidies by government for low income families in andhra pradesh.
    8·1 answer
  • One drawback of mailed marketing survey is
    5·1 answer
  • Monet, Inc. purchases 1,000 shares of its own previously issued $5 par common stock for $11,000. Assuming the shares are held in
    13·1 answer
  • For Hair Salon<br><br> How much funding do you think you need to run your business for 1 year? Why?
    7·1 answer
  • How do economists define marginal benefit for an individual?
    7·1 answer
  • What vision do you have for your own future?
    9·1 answer
  • in what way are monetary and fiscal policies similar? group of answer choices they both target aggregate demand to overcome busi
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!