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
Travka [436]
3 years ago
15

Explain one situation when you will use these two pricing strategies penetration pricing and skimming prices

Business
1 answer:
Dominik [7]3 years ago
5 0

Answer:

An electronic news portal that offers one complimentary month for something like a free trial service or an institution that offers a free bank account for 6 months are both instances of penetration pricing.

A pricing technique known as price skimming is establishing a premium charge when other rivals enter the market. For instance, the Playstation 3 was initially priced at $599 in the United States, but has now been lowered to around $200.

You might be interested in
Which type of office machine scans each page of a document, translates the information into electronic impulses, and transmits t
Katen [24]

Answer:       facsimile. ("fax") A process by which fixed graphic material including pictures, text, or images is scanned and the information converted into electrical signals which are transmitted via telephone to produce a paper copy of the graphics on the receiving fax machine. Some modems can be used to send and receive fax data ...

7 0
3 years ago
Chestelle Corporation, a sports equipment manufacturing company, borrows a considerable sum of money as loan from GRJ Bank, a pr
Ymorist [56]

Answer:

Long term liability

Explanation:

Long term liability is defined as the amount of money a business owes that is due above a year. It is liabilities that do not affect the current liquidity of the business and its ability to do business.

In this scenario Chestelle Corporation has borrowed a large amount of money that is due in 4 years. It is due in over a year so it is a long term liability.

Long term liabilities are usually used to purchase capital assets or to make long term investment

3 0
3 years ago
Read 2 more answers
In a free-market system, producers are most strongly driven by which of the
Molodets [167]

Answer:

The correct answer is (B)

Explanation:

Producers are influenced by the benefits and profits they hope to pick up from the products or administrations in a free market economy. The idea of producers is to create goods and services and sell them at maximum profits because they feel consumer will buy their products because they need them. A profit motive is generally beneficial to the overall economy of the country. It is expected to give a motivating force to create productivity and development.

3 0
3 years ago
On September 3, 20X8, Jackson Corporation purchases goods for a U.S. dollar equivalent of $17,000 from a Swiss company. The tran
AfilCa [17]

Answer:

Foreign currency transaction loss : $1000

Account payable : $1000

Explanation:

4 0
3 years ago
If a department that uses process costing starts the reporting period with 100,000 physical units that were 20% complete with re
Naddika [18.5K]

Answer:

The correct answer is True

Explanation:

In calculating the equivalent units with respect to labor,the physical units at the start of the period is multiplied by the percentage of completion.

In other words, the equivalent units is shown thus:

Equivalent units =100000 units*20%

Equivalent units =20000 units

This implies that labor has carried  out 20% of the work required to transform the 100000 units into finished products,since only 20% work is completed, the remaining 80% is expected in the next period.

7 0
3 years ago
Other questions:
  • Tyler and Camille both live in Oklahoma. A new-car dealer in Oklahoma bought a new car from the manufacturer for $17,000 and sol
    10·1 answer
  • When a doctor anticipates and prepares for patients' objections to a new billing procedure, what type of control is she using?
    5·1 answer
  • Why can't minors work more than 3 or 4 hours?
    12·2 answers
  • Papa Roach Exterminators, Inc., has sales of $659,000, costs of $345,000, depreciation expense of $45,000, interest expense of $
    14·1 answer
  • Introverts recharge their energy in large groups.
    11·1 answer
  • Consider the following two goods: beer and hamburgers. The slope of the consumer’s budget constraint is measured by the
    14·1 answer
  • Paradise Travels is an all-equity firm that has 9,000 shares of stock outstanding at a market price of $27 a share. Management h
    6·1 answer
  • Question 1
    13·1 answer
  • Are employees more likely to favor defined contribution plans over defined benefit plans? How about employers? Explain your answ
    15·1 answer
  • Bodacious Corporation produced 100 units of Product AA. The total standard and actual costs for materials and direct labor for t
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!