Answer:
This is known as social responsibility.
Explanation:
Social responsibility is an ethical theory, in which individuals are accountable for fulfilling their civic duty; the actions of an individual must benefit the whole of society. In this way, there must be a balance between economic growth and the welfare of society and the environment.
The newest version of a product like Crutchfield headphones is likely to use price skimming, while the new version of Monster Energy is likely to use penetration pricing
<h3>What is
price skimming?</h3>
Price skimming is a pricing strategy that a company can use when launching a new product or service.
Electronic products, such as the Apple iPhone, frequently use a price-cutting strategy during the initial launch period. Then, after competitors launch competing products, such as the Samsung Galaxy, the price of the product drops to maintain the product's competitive advantage.
The pricing strategy will be influenced by the stage of the product's life cycle. The process of charging a relatively high price for a product is referred to as price skimming. Skimming is commonly used when a product is new to the market (in its introduction or growth phase) and has few competitors.
To know more about price skimming follow the link:
brainly.com/question/15371394
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<span>$41
Given a discount rate, the present value (PV) of money you expect to receive in the future (FV) at a specified interest rate (R) for a specified number of periods (N) is
PV = FV/(1+R)^N
So let's plug in the known values and solve.
PV = 45/(1+0.10)^1
PV = 45/(1.10)^1
PV = 45/1.10
PV = 40.90909091
Rounding to the nearest dollar gives $41</span>
