Here is 20 points cause you earned it king/queen

Bellstar communications is a new provider of 3d satellite tv service. it offers an extremely low introductory price for the firs

ArbitrLikvidat [17]

Bellstar Communications is using a strategy known as Penetration Pricing - as stated this consists of setting prices really low to begin with in order to attract customers and establish market share. Once the provider is more established it's likely they will increase prices.

5 0

3 years ago

__________ uses price points to establish prices that help create the impression that the product is less expensive than it is.

Zanzabum

Psychological pricing uses price points to designate prices that help make the impression that the product exists less expensive than it is.

<h3>What is Psychological pricing?</h3>

Pricing, which can be a part of a company's marketing strategy, is the process by which a company determines the price at which it will offer its goods and services. Pricing is the process of determining the value that a manufacturer will receive in exchange for their goods and services. The producer uses a pricing strategy to make the cost of its products suitable for both the manufacturer and the consumer.

The use of pricing to sway a customer's purchasing decisions or spending patterns is known as psychological pricing. The objective is to satisfy a customer's psychological need, whether that need is to save money, invest in the best product, or receive a "good deal." A pricing and marketing technique known as psychological pricing is based on the idea that specific prices have psychological effects.

Hence, Psychological pricing uses price points to designate prices that help make the impression that the product exists less expensive than it is.

To learn more about Psychological pricing refer to:

brainly.com/question/7464326

#SPJ4

4 0

2 years ago

On february 3, smart company, inc. sold merchandise in the amount of $5,800 to truman company, with credit terms of 2/10, n/30.

Aneli [31]

The possible journal entry that would be in Truman's tracking inventory would be:
Cash
4,171
Sales discounts
129
Accounts receivable
4,300

This is because the amount of 5,800 had a credit or an excess amount. Originally the costs of the items are 4,000 and it happened to be increased using the 2/10 and n/30 method of the calculation.

7 0

4 years ago

Closing Entries with Net Income Assume that the entry closing total revenues of $3,190,000 and total expenses of $2,350,000 has

Mademuasel [1]

Answer:

a. Debit Teresa's Capital account for $770,000; and Credit Teresa's Drawing account for $770,000.

b. Teresa Schafer, Capital at the end of the period is $$1,955,000

Explanation:

a. Journalize the entry required to close the Teresa Schafer, Drawing account.

Since the drawing will affect capital by reducing it, the journal entry will look as follows:

Particulars Dr ($) Cr ($)

Teresa's Capital account 770,000

Teresa's Drawing account 770,000

(To record the closing the Teresa Schafer, Drawing account.)

b. Determine the amount of Teresa Schafer, Capital at the end of the period.

To do this, we have to calculate the net profit first as follows:

Net profit = Total revenue - Total cost = $3,190,000 - $2,350,000 = $840,000

Since net profit will increase capita while drawing will reduce capital, we therefore have:

Capital at the end of the period = Capital + Net profit - Drawing = $1,885,000 + $840,000 - $770,000 = $1,955,000.

Therefore, Teresa Schafer, Capital at the end of the period is $$1,955,000.

7 0

4 years ago

Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows

Alexxandr [17]

Answer: should be b

Explanation:

4 0

3 years ago