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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.

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What are the opportunity costs of going to the gym for a workout rather than studying for an economics test?
NARA [144]

Answer:

see below

Explanation:

Opportunity cost is the value of the forfeited benefits as a result of making a decision in a certain way. Decision making involves choosing one item over others. The cost or value of the option not chosen is the opportunity cost. The value of the forfeited option is the opportunity cost.

In choosing to go to the gym, the forgone activity is studying for the economic exam. The benefits associated with studying for the economic test is the opportunity cost. The value attached to the economic test, such as good grades, passing the test,  or any reward arising from studying for the test, is the forfeited benefit and hence the opportunity cost.

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Jamie is 42 years old and received a $20,000 distribution for his roth ira established in 2009. at the time of distribution, the
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4 years ago
A different ethanol processing facility costs $800,000 to construct but will instead last forever.Every year (starting the year
iragen [17]

Answer:

r = 5%

Explanation:

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What do u mean by book keeping why is it important?​
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