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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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PLZ HELP
pochemuha

Answer:

D. Government agency report

Explanation:

D. makes the most sense!! Good luck!

7 0
3 years ago
Read 2 more answers
What is the value of zero-coupon bond with a par value of $1,000 and a yield to maturity of 5.20%? The bond has 12 years to matu
Troyanec [42]

Answer:

$544.265

Explanation:

Given:

FV = $1,000

Yield to maturity = 5.2%

N = 12 years

Required:

Find the value of the zero coupon bond.

Use the formula:

PV = FV * PVIF(I/Y, N)

Thus,

PV = 1000 * PVIF(5.2%, 12)

= 1000 * 0.544265

= $544.265

The value of the zero coupon bond is $544.3

7 0
3 years ago
Tetious Dimensions is introducing a new product and has an expected change in net operating income of $790,000. Tetious Dimensio
saveliy_v [14]

Answer:

$620,000

Explanation:

to determine the net cash flow generated by the project, we can use the indirect method to determine cash flows:

net income = $790,000 x (1 - 30%) =               $553,000

net income adjustments:

  • depreciation expense                              $190,000
  • increase in accounts payable                   $42,000
  • increase in accounts receivable             ($79,000)
  • increase in inventory                              <u>  ($86,000) </u>

Project's cash flow                                           $620,000

                                       Without the          With the         change

                                       project                  project

Accounts receivable     $5,000                  $84,000        $79,000

Inventory                     $98,000                 $184,000        $86,000

Accounts payable       $75,000                  $117,000        $42,000

6 0
3 years ago
The price of ______ goods is a determinant of demand.
ryzh [129]

Generally, the price of <u>other goods</u> is an important determinant of demand for a product.

<h3>What are the determinants of demand? </h3>

The determining factor for demand level of a product includes changes in income, prices of related goods, consumer expectations, consumer tastes etc.

Therefore, the price of <u>other goods</u> is an important determinant of demand for a product.

Read more about determinants of demand

<em>brainly.com/question/23195830</em>

#SPJ1

6 0
2 years ago
The minimum number of training days per week for gaining strength is:
astra-53 [7]
At least 3 days per week with sufficient reps and sets.
7 0
3 years ago
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