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stepladder [879]
2 years ago
14

In one paragraph describe the general advantages and drawbacks of the premium pricing strategy.For exapmle, explain where it fal

ls on the intersection of quality and price.
Please dont copy paste from the internet, will be flagged.
Business
1 answer:
pishuonlain [190]2 years ago
6 0

Answer:

The main advantage resulting from a premium pricing strategy is the higher profits. Another advantage is that customers that purchase premium products seek higher quality and tend to show higher brand loyalty associated with the status of using premium products. The disadvantages of premium pricing are that it cannot be applied to all products, the marketing efforts tend to be more specific, and therefore, represent a higher percentage of sales, and finally, not everyone is willing to pay premium prices.

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Assume there are currently five firms producing and selling fertilizer in the South American market. Also assume that the produc
Jobisdone [24]

Answer:

It is given that in an oligopolistic market, there are at first five firms. At the point when the quantity of fums diminishes to three, it implies that the all out yield will likewise decrease. It is on the grounds that, all the makers are delivering separated items. The inventory of merchandise won't increment in light of the fact that the makers would have expanded the creation before, if that was conceivable. Hence, the balance amount will fall and in view of decrease in amount, cost will increase.

Thus, equilibrium price will likely <u>increase</u> and the equilibrium quantity will likely  <u>decrease.</u>

3 0
3 years ago
Which of the following statements is CORRECT? If Disney issues additional shares of common stock through an investment banker, t
nata0808 [166]

Answer:

The answer is: As they are generally defined, money market transactions involve debt securities with maturities of less than one year.

Explanation:

Money market transactions involve financial instruments with high liquidity and short-term maturities. Usually the securities have a one year or less maturity date.

A few examples of commonly traded securities are:

  • Banker’s Acceptance
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8 0
2 years ago
One of the principles of hierarchy is a clear ______ chain of command.
Genrish500 [490]

Answer: One of the principles of hierarchy is a clear <u>vertical </u>chain of command.

Hope this helps!

4 0
2 years ago
If HHC has $1,900 cash, $500 of government Treasury bills purchased four months ago, $930 of cash set aside for its workers' com
yarga [219]

Cash is the real money that we have while cash equivalents are instruments that can be turn to cash quickly. They are very liquid.

Treasury bills are cash equivalents. They are very liquid and can be converted into cash quickly. They are instruments in the money market.

Going by this above explanation, the Cash and Cash Equivalents that will be reported on the balance sheet are:

Cash --------------------------------------- $1,900

Treasury bills purchased--------------$500

Total-------------------------------------------<u>$2,400</u>

<u></u>

$2,400 will be reported as Cash and Cash Equivalents on the balance sheet.

8 0
2 years ago
Consider the following: Alex is one of the leading widget producers in the country. His total costs amount to $10,000, total fix
Lilit [14]

Answer:

The correct answer is 20 units.

Explanation:

According to the scenario, the given data are as follows:

Total cost = $10,000

Total fixed cost = $2,000

Average variable cost = $400

So, Total variable cost = Total cost - Total fixed cost

= $10,000 - $2,000 = $8,000

So, we can calculate the total number of widgets producing by using following formula:

Units producing = Total variable cost  ÷ average variable cost

= $8,000 ÷ $400

= 20 units

6 0
3 years ago
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