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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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Hickory point amusement park sells admission tickets for $50 per person for one visit. variable costs are $15 per visitor and fi
Kay [80]
First, calculate for the total operating cost of the park through the equation,

   TC = TV + TF

where TC is the total cost,
     TV is the total variable cost which is equal to the product of the variable cost per visitor and number of visitor, and
     TF is the total fixed cost. 

Substituting the known values,
    TC = ($15)(1,750,000) + $60,000,000 = $86,250,000

Then, the total revenue is the product of the cost of ticket and the number of visitors.
     TR = ($50/visitor)(1,750,000 visitors) = $87,500,000

Subtracting the two values will give us an answer of $1,250,000.

ANSWER: $1,250,000
4 0
3 years ago
Orlando, the owner of a belgian event-planning company called memory makers, plans to open a marketing company that focuses on p
schepotkina [342]

Kick start will be totally owned and controlled by memory makers, which makes kick start a subsidiary of memory makers.

<h3>What is a Subsidiary?</h3>

This refers to the branch of a company which performs a different function from the parent company but has the same vision and mission which is to increase profit and sales.

With this in mind, we can see that because Orlando who owns an event planning company opens a marketing company so as to focus on product launches, this shows that they are a subsidiary.

Read more about subsidiary here:
brainly.com/question/4688609

5 0
2 years ago
In certain economy pple save part income in financial sector and use remaining part for consumption the govt decides to increse
notsponge [240]

Answer: Savings decrease, and investment decreases

Explanation:

A tax is referred to as a levy which is imposed on the people in a particular country so that the government can generate revenue.

When there's an increase in the tax rate, it simply means that the government wants to generate more money. This will have an effect on the consumption, savings and investment of the individuals in the economy as their savings will be reduced, consumption reduces and investment reduces as well.

7 0
2 years ago
: During June of 1997: Steve Wall, the Advanced Projects Design Team Leader at NASA’s Jet Propulsion Laboratory, estimated that
slava [35]

Answer:

This is really a personal opinion, since whether it is correct to send people to mars or not depends largely on your point of view and personal beliefs. Clearly, humans are far more capable than robots, and they can explore space and eventually other planets much better than a rover. On the other hand, sending people to Mars is not only extremely expensive, but it is also extremely dangerous for the astronauts themselves.

Imagine so many people died trying to get to space and then to the moon, and that was very easy compared to getting to Mars and back.

We can find millions of better ways to use the money than sending people to space, and that is really hard to argue against. Our planet, our country, state or even city could all benefit and use the money more productively.

But lets say that we do not care about the money because Mr. Bezos or some other billionaire decided to donate it. Now we would face the technical issues of going to Mars and actually staying there for a long time. A trip to mars is not something that would be carried out for just a couple of hours (like moon walking). Astronauts will have to stay in Mars for weeks, months or even years before they can return. This results in an extreme danger to their health due to cosmic rays. Can humans survive long term exposure to cosmic rays? The answer is NO and Mars's atmosphere doesn't help.

If we analyze this situation from a technical point of view, it would be better and safer to send astronauts to Titan (Saturn's moon), and would probably be also more useful. Titan's environment is similar to Earth's in many ways, and if we are actually doing it for a scientific purpose besides simply being curious, then it is much more useful to go to Titan. The scientific purpose of going to mars instead of other possible destinations is not very solid. Mars is really different to Earth and unless someone finds Martians living there, there is not much you can do.

8 0
3 years ago
Saint Nick Enterprises has 17,500 shares of common stock outstanding at a price of $69 per share. The company has two bond issue
mihalych1998 [28]

Answer:

total weight of debt = 0.343 or 34.3%

Explanation:

stock's market value = 17,500 x $69 = $1,207,500

bond₁'s market value = $250,000 x 101.5% = $256,750

bond₂'s market value = $350,000 x 106.5% = $372,750

total market value of the firm = $1,837,000

weighted capital structure:

                                       market value            weight

stocks                             $1,207,500               0.657

bond₁                              $256,750                  0.140

bond₂                              $372,750                  0.203

total                                $1,837,000                 1

total weight of debt = 0.343 or 34.3%

8 0
2 years ago
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