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Nikolay [14]
3 years ago
9

Jean Claude has just completed a new line of designer handbags. He wants the price to communicate to the customer that the handb

ags are high quality, so he sets it high. He knows that after this season, the price will lower. Jean Claude is using ________.A. Penetration pricingB.Price skimmingC. Target ROID. Competitor based pricingE. Value pricing
Business
1 answer:
Leno4ka [110]3 years ago
7 0

Answer:

The answer is B. Price Skimming

Explanation:

In marketing, price skimming is a situation in which a high price is initially charged for a product and lowers it later after achieving its aim.

This type of product can be a luxury good in which high price is deemed as of high quality. The main aim is to gather enough revenue from the premium buyers and lowers it later to attract other customers

.

Price Skimming is usually set for products that have short life-cycle

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In a perfectly competitive market, a firm's short-run supply curve is:_________.
AfilCa [17]

Answer:

B

Explanation:

4 0
4 years ago
Lois has a balance of $970 on a credit card with an APR of 24.2%, compounded monthly. About how much will she save in interest o
Aleks04 [339]

Answer:

Lois will save $152.51 when she wil transfer her balance.

Explanation:

Amount to be paid in 1 year for original credit card is given as

P_1^{'}=P*(1+r_1)^t

Here P^{'}_1 is the amount to be paid after P is the balance which is 970, r_1 is the APR for first credit card which is 24.2% and t is compounding frequency which is 12 so

P_1^{'}=P*(1+r_1)^t\\P_1^{'}=970*(1+\dfrac{24.2}{12}\%)^{12}\\P_1^{'}=970*(1.0207)^{12}\\P_1^{'}=970*1.2707\\P_1^{'}=\$1232.61

Similarly for the second one the values are calculated as

P_2^{'}=P*(1+r_2)^t\\P_2^{'}=970*(1+\dfrac{10.8}{12}\%)^{12}\\P_2^{'}=970*(1.108)^{12}\\P_2^{'}=970*1.1135\\P_2^{'}=\$1080.10

The differnce of the two values is calculated as

P_1'-P_2'=1232.61-1080.10\\Difference=\$ 152.51

The difference is $152.51 which she could save.

7 0
3 years ago
Read 2 more answers
During the current period, Roberts recognized interest expense of $9,400 and paid interest of $9,000 related to its discounted b
VARVARA [1.3K]

Answer:

amortization on discount on BP 400

Explanation:

When there is a difference between the face value and the issuance proceeds from the bond a premium or discount is created.

When the proceeds are above, there will be a premium and the interest expense will be lower thant the actual cash outlay on the bond.

When theface value is above the proceeds, there is a discount.and expenses are higher than cash payment to bondholders.

In this case the expense is higher so there is a discount.

6 0
3 years ago
List three ways Populist party proposed to expand the powers of the government in the united states​
agasfer [191]

They abolished the national banks they graduated the income tax system they enabled the election of the senators by the direct vote of the people the working day for eight hours and the postal banks were some of the main ideas proposed to expand the rule

Explanation:

This party was mainly developed in the idea of promoting the agricultural based products and they worked in improving the conditions of the people and the country

They had many goals and the most important among them was the coinage of silver the abolition of national banks and some schemes and they had many other policies which worked in the improvements in the lives of the people

5 0
3 years ago
As the roman government became more efficient, it took on more functions. to pay for these services, rome ________.
Vanyuwa [196]
The answer to this question is <span>increased taxes on farmers who lived outside of Italy
Larger government will always result in larger government spending (which will led into a higher amount of tax that must be paid). Since roman do not want its people to turn on them due to the increase in tax, Roman government decided to take it from the people outside their empire.

</span>
3 0
3 years ago
Read 2 more answers
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