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soldier1979 [14.2K]
3 years ago
13

"The first generation Apple iPod was introduced in 2001 and sold for $500. The following year a mini version was introduced for

$250. Apple initially used a ________ strategy to price their digital music innovation."
Business
1 answer:
Vlada [557]3 years ago
4 0

Answer:

Market skimming

Explanation:

Market skimming is pricing strategy of organizations under which a product is priced higher when it is introduced to make maximum profit and after the product seeps in to the market, then price is reduced.

This pricing strategy is adopted by organizations that introduce an innovative product in the market that has the potential to be priced higher.

Apple followed this strategy as it introduced first iPod which was new to the market at considerably higher price of $500. This was possible as there were no competitors. Afterwards, it reduced the price of next version as then many competitors entered the market.

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byu 220 in gibbons v. ogden, the supreme court ruled that rail companies could not purchase farmland without the consent of farm
sukhopar [10]

In Gibbons v. Ogden, the Supreme Court ruled that rail companies  D. states could not restrict trade within their jurisdictions.

Under the constitution,  rail companies have the electricity to make all laws that shall be vital and proper for carrying into execution the foregoing powers. Aaron Ogden was given permission to function his steamboats in the big apple. Thomas Gibbons changed and allowed to function his steamboats in the big apple.

The ruling in Gibbons v. Ogden asserted Congress's authority to adjust interstate trade on the idea of the Supremacy Clause. It set a precedent that Congress had the strength to overturn country rules if interstate commerce were worried.

The case introduced mild the problem of the trade Clause of the united states charter. It changed into a question of whether or not Congress ought to adjust positive factors of trade. It averted states from establishing similar monopolistic rail companies' legal guidelines, encouraging an increase in steamboat journey and cargo delivery. This increased change opportunities between states, boosting states' economies.

Learn more about rail companies here:-brainly.com/question/11433327

#SPJ4

8 0
1 year ago
When silo gimp graduated from college with a degree in flower growing.He was voted...
Scilla [17]

Answer:

When silo gimp graduated from college with a degree in flower growing. He was voted AS THE FLORIST OF THE YEAR

Explanation:

Anyone that studies flower growing or horticulture is a florist or could be voted as one which made Silo to win such an award.

8 0
3 years ago
A corporation issued 8% bonds with a par value of $1,000,000, receiving a $20,000 premium. On the interest date 5 years later, a
Mrac [35]

Answer:

$22,000 gain.

Explanation:

Please see attachment

3 0
2 years ago
Blossom Company's accounting records show the following for the year ending on December 31, 2017.
LuckyWell [14K]

Answer:  $678,220

Explanation:

Given that,

Purchase Discounts = $ 11,000

Freight-in = $15,300

Purchases = $689,020

Beginning Inventory = $55,000

Ending Inventory = $45,600

Purchase Returns and Allowances = $15,100

Cost of goods purchased:

= Purchases + Freight in - Purchase discounts - Purchase returns and allowances

= $689,020  + $15,300  - $ 11,000  -  $15,100

= $678,220

4 0
2 years ago
What affects the egg coagulation in custards and creams!
Lapatulllka [165]
What affects the egg coagulation in custards and creams!
Answer: Sugar is also important to custard as the addition of it in a recipe results in a softer custard. Sugar also increases the coagulation temperature and time. Don't dump the sugar directly onto the eggs and let it sit; this causes the yolks to "burn" into hard little lumps that detract from your creamy custard.
8 0
2 years ago
Read 2 more answers
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