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Kazeer [188]
3 years ago
14

Daryl has just patented a new technological medical device designed to help individuals with disabilities navigate their homes s

afely. Currently, his is one of a very few companies operating in this industry. Which price strategy should Daryl use?
a. both price skimming and penetration pricing
b. status quo pricing
c. penetration pricing
d. price skimming
Business
1 answer:
Dmitrij [34]3 years ago
3 0

Answer:

The correct answer is the option D: Price skimming.

Explanation:

To begin with, the concept known as "Price skimming" in the field of business management and marketing refers particulary to the price strategy that the companies use with the major focus of caputuring the most possible of the economic surplus of the consumer in the early stages of purchase when the product is completely new in the market. Once it has sold out as many as possible regarding the clients that are willing to pay that elevated price, then the organization decrease the price with the focus of engaging other clients as well. So therefore that this is the best strategy that Daryl could use with his product.

You might be interested in
Which activity might require you to provide your social security number? A)Starting a new job. B)Boarding an airplane. C)Buying
natka813 [3]

You might be required to provide a social security number if you want to rent a car. This implies the correct answer is D.

A social security number is a number that is provided by the US government and issued to the citizens. The social security number can also be given to eligible residents if they apply for it. A social security number (SSN) contains nine-digit numbers and it serves many purposes.

<h2>Further Explanation</h2>

The social security number is used by the government to monitors your earnings and also to know the number of years that you have worked.

If as a retiree, you are entitled to get a social security disability income, the government of the United States will use the details regarding the contributions you make towards your social security.

This information is used to determine whether you are qualified to receive social security benefits and also to calculate how much you have contributed.

However, you will be required to provide your social security number in the following scenarios:

  • When you need to apply for a federal loan
  • When you need to apply for some kinds of public assistance
  • When renting a car
  • When you enroll in Medicare          
  • When you need to get a driver’s license and many more

LEARN MORE:

  • Which activity might require you to provide your social security number  brainly.com/question/9197489
  • Which activity might require you to provide your social security number?  brainly.com/question/3852479

KEYWORDS:

  • renting a car
  • medicare
  • social security number
  • federal loan
  • nine digits
3 0
3 years ago
Read 2 more answers
Sue Bee Honey is one of the largest processors of its product for the retail market. Assume that one of its plants has annual fi
NNADVOKAT [17]

Answer:

$75 per case

Explanation:

Required: Selling Price per case

Sales – Variable cost – Fixed cost = Target desired profit

Sales = 800000 case x Selling Price (SP)

Variable cost = (800000 case x $40) + (800000 x SP x 25%)

Putting into equation:

Sales – Variable cost – Fixed cost = Target desired profit

(800000 x SP) – [(800000 x 40) + (800000 x SP x 25%)] - $8000000 = $ 5000000

>800000SP – (32000000 + 200000SP) – 8000000 = 5000000

>800000SP – 32000000 – 200000SP – 8000000 = 5000000

>800000SP – 200000SP = 5000000 + 8000000 + 32000000

>600000SP = 45000000

>SP = 45000000 / 600000

>SP = $ 75

3 0
3 years ago
Read 2 more answers
Hat Tricks Company (HTC) is a Buffalo, New York, manufacturer of hats and gloves. Recently, the company purchased a new machine
saul85 [17]

The selling price per hat is mathematically given as

S=$62

<h3>What is the selling price per hat?</h3>

Direct labor hours required to produce first 100 hats=10hr

Direct labour cost =20hr*60$/hour = $1200

Other Direct cost =100hats*19$/hat = $1900

Total Direct cost. = $3100

Selling price is 200% of Direct production cost

$3100*200% = $6200

The selling price per hat = $6200 / 100hats

The selling price per hat = $62

In conclusion, The selling price per hat = $62

Read more about selling price

brainly.com/question/28017453

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3 0
2 years ago
Bonnie's coworker reports an error that Bonnie made to the manager. Bonnie is mad and gets back at her coworker by starting an u
Gekata [30.6K]

Answer:

<u>Unethical work behavior</u>

Explanation:

It is very unfortunate in many organization for such kind of scenarios to occur which could lead to dismissal from work if the  gets to know about the attitude.

Remembering that no one will be pleased totally in workplace you will have to give people the benefit of the doubt by trusting them because If we all run around mistrusting others, we end up creating a miserably unhappy business culture.

3 0
3 years ago
Solve the system of linear equations using elimination.
krek1111 [17]
-3x-5y=-15
-3x-3y=-3
-2y=-12
y=6

-3x-5(6)=-15
-3x-30=-15
-3x=15
x=-5

The answer would be C, (-5,6)
7 0
3 years ago
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