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yan [13]
3 years ago
9

What is penetration pricing?

Business
1 answer:
Setler [38]3 years ago
8 0

Answer:

A. The approach of lowering prices temporarily to gain market share

Explanation:

Penetration pricing is a strategy that marketers use to quickly gains market share of a new product. The strategy involves lowering the price of new products to woe customers to buy. The lowering of the price is temporary. Marketers use this strategy to introduce a product as a pocket-friendly alternative.

Penetration pricing is used where a product will be in competition with other existing brands. After the product has gain market share,  marketers may increase the price to make profits.

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One key characteristic that is distinctive of an oligopoly market is that Group of answer choices the demand curve facing each f
lawyer [7]

Answer:

The decisions of one seller often influence the price of products, the output, and the profits of rival firms.

Explanation:

An oligopoly is a market structure where there are only a few sellers. Therefore, around two or more firms have control over the market. Collectively, they can influence the prices and supply.

This ultimately results in high-level competition between these sellers. Since there are a few sellers in the oligopoly structure, each of these company's profit levels not only depends on the decisions made by them but also on the decisions made by their rival firms.

Hence, option no. 3 "the decisions of one seller often influence the price of products, the output, and the profits of rival firms" is correct.

7 0
3 years ago
Assume that you hold a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. You are in the proces
sergey [27]

Answer:

The expected return and beta on the portfolio be after the purchase of the Alpha stock will be 11.20%; 1.23

Explanation:

Provided data;

90000 value portfolio with expected returns of 11% and beta of 1.20

($10 × 1000) = 10000 value Alpha Corp added with expected returns of 13% and beta of 1.50.

The new expected portfolio return =

rp = 0.1 × 13% + 0.9 × 11%

rp = 0.1 × 0.13 + 0.9 × 0.11

= 11.20%

The new expected portfolio beta =

bp = 0.1 × 1.50 + 0.9 × 1.20

bp = 1.23

7 0
3 years ago
An industry example of each of the four market structures of monopoly
baherus [9]

Answer:

An oligopoly market structure is very usual in the context of Australian. Maximum service industry like banking, retail etc. follow the market structure of the oligopoly. The grocery retail sector in Australia is a core example of the duopoly, a narrowed version of oligopoly (Chung, 2015). Moreover, the banking sector of Australia is a proper example of an oligopoly. The main feature that the oligopoly market structure follows is, in this type of market few firm operate as a sole authority in a market (LaFrenz, 2014). In the case of monopoly, there is only one seller who rules the whole market and business as well. The monopolistic competition involves firm competing strongly among them in an industry. They do not allow any other organisation to enter the market. The Australian Post is a major example of monopoly market structure. Banking and Retail sectors are the key examples of monopoly market structure (Welch & Welch, 2009).

Apart from the banking industry, the retail industry in Australia faces very strong competition. The giant monopolistic retail companies named Coles and Woolworths have grabbed maximum market share in the industry. It is being very difficult for all other small and big organisation to sustain in the market. It is surveyed that, the banking industry of Australia is facing strong competition or oligopolistic war. Smith (2015), has informed that the existent incumbents in the banking industry are strictly prohibiting the other new entrants for the sector (Smith, 2015).

Explanation:

^^^^^^

7 0
2 years ago
holly took a prospective client to dinner at a restaurant, and after agreeing to a business deal, they went to the theater. holl
finlep [7]

Since the cost of entertainment are not deductible, then, the amount of expenditures that holly can deduct as a business expense will be $145.

Here, since the both are business partner, it is expected that they will both share the expenses therein.

However, the cost of entertainment are not deductible.

 

Holly"s expenses = $290 × 50%

Holly"s expenses = $145.

Therefore, the amount of expenditures that holly can deduct as a business expense will be $145.

Read more about deductible

<em>brainly.com/question/4708897</em>

6 0
2 years ago
A construction company entered into a fixed-price contract to build an office building for $46 million. Construction costs incur
kakasveta [241]

Answer:

Total revenue:                                    $46 million

First year costs:                                   $12 million

Estimated first year costs(EFYC):       $28 million

Cost to date for the projec (CTD):  $12 million

Given this information, the first thing to do is to calculate the percentage % of completion.  The formula is stated below.

Percentage of completion ( CTD / EFYC  )

CTD / TEC  = (12000000/28000000)

CTD / TEC = (42,85%)

Then multiply the Percentage of completion * Total Revenue

42.85%*46.000.000 to obtain the revenue for period 2.

The loss that the company must present in their statements for year 1 is: Loss for period 1  =$12.000.000

4 0
3 years ago
Read 2 more answers
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