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vaieri [72.5K]
3 years ago
5

In preparation for introducing a new doll to the market, a toy company advertises and creates so much demand that little girls a

re lined up at the stores, determined to be the first to own one. The toy company sells these first dolls at twice their actual retail value. This is an example of ______.
Business
1 answer:
maxonik [38]3 years ago
3 0

Answer:

Price Skimming

Explanation:

Price skimming is one kind of price-setting strategy where marketers set a relatively higher price when the product launch initially in the market. Generally, the producer sets a higher price rather than it should prevail in the market, and later on, the price goes down due to lower demand. Price skimming strategy only applicable to a new product that is about to launch in the market. It is generally done by fancy advertising of the product.

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Rather than generating tax revenue as do tariffs, subsidies require tax revenue. Therefore, they are not an effective protective
KatRina [158]

Yes. Subsidies are benefits that the government can grant to institutions, households and businesses to promote economic efficiency and reduce market failures. They may be distributed through cash or by cutting tax rates. However, there is controversy about the effectiveness of using subsidies for the economy, often related to the inefficiency of promoting a free market, allocating resources that could be used for investment in productive resources and masking the results of economic efficiency. Another major concern with the use of subsidies is the formation of political alliances of those who receive them and those who provide them, creating political interests because of their use.

6 0
3 years ago
Write 8,770,709 in word form Math
Leno4ka [110]

Answer:EIGHT MILLION SEVEN HUNDRED SEVENTY THOUSAND SEVEN HUNDRED NINE

sorry about the caps

Explanation:

5 0
3 years ago
Read 2 more answers
In an effort to reduce cost on auto insurance, Sophia has lowered each component of her current plan to the cheapest possible op
MAXImum [283]

Answer:

Sophia will save $38.15

Explanation:

If Sophia chooses the cheapest possible option, her choices will be:

bodily injury                        $25/50,000                   $21.35

property damage                 $25,000                      $115.50

collision                           $500 deductible            $248.08

<u>comprehensive               $100 deductible               $88.23  </u>

total premium                                                           $473.16

she will save $511.31 - $473.16 = $38.15

5 0
3 years ago
Por que se dice que emprender suele ser una decisión muy difícil quien la toma sabe que esta renunciando a la estabilidad que ot
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Answer:

porque se dice que quiero tomar el siguiente

8 0
3 years ago
Double counting would occur if: a imports were subtracted from GDP. b inventories were added to the GDP calculation. c used good
GrogVix [38]

Answer:

c used goods were included in the GDP calculation

Explanation:

Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.

GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government Spending + Net Export

If used goods are included in the calculation of GDP, it would be double counting because the good would have been included in the calculation of GDP when it was newly produced.

I hope my answer helps you

8 0
3 years ago
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