D
This is shown because when a item in demand is needed it becomes price and thus becomes lower of supply and gains value
The pricing strategy that calls for a new product being priced high to make optimum profit while there is little competition is called as Skimming price strategy
Skimming Pricing, also known as price skimming, is a pricing strategy that sets the price of new products higher and lowers them when competitors enter the market. Skimming prices are the opposite of penetration prices, which set lower prices for newly launched products in order to build a large customer base from the beginning.
Skimming pricing strategy refers to setting relatively high initial prices for new products or services for early adopters who are not price sensitive when there is a strong relationship between price and perceived quality. .. Prices can go down over time.
An example of a skimming strategy can be found primarily when major technology companies such as Apple, Samsung, and Sony are developing new technologies that are known to be in high demand.
Learn more about Skimming prices here:brainly.com/question/20927491
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Answer:
The recognized gain or loss is -$4000.
Explanation:
Gift property value = $49000
fair market value = $35000
realized loss = sale price - fair market value
= $31000 - $35000
= -$4000
Therefore, The recognized gain or loss is -$4000.
Answer: B - False
Explanation:
In a command economy the government only makes economic decisions- what is produced, price, income etc . The government owns all means of production.
I hope my answer helps.
Answer:
The correct words for the blank spaces are: lowering; more.
Explanation:
In case firms have an excess of supply, they will rather sell their products at a lower price than keeping them stored for loss. According to the supply and demand theory, <em>if the prices decrease, so will the quantity supplied but the quantity demanded will rise</em>.
