What is price skimming?

Answers

Answer 1

Answer:

a strategy where someone sets a high price at first to attract people who like it a lot enough to buy it at that price but slowly lowering it over time so that even people who arent as desperate to buy it will possibly buy it as well.


Related Questions

For problems 1-3, use the Social Security tax rate of 6.2% on the first $97,500 earned and
Medicare tax rate of 1.45% on all earnings to solve the following problems.
1.) Richard has a gross monthly income of $3,400. His earnings to date for this year are
$54,000. How much is deducted this month for Social Security? How much for Medicare?

Answers

Answer:

Social security : $210.8

Medicare: $49.3

Explanation:

Social security tax and medicare are calculated based on the gross income.

Richards gross income for the months us $3,400

Social security tax will be

=6.2 % of $3400

=6.2/100 x 3400

=0.062 x 3400

=$210.8

Medicare tax will be

=1.45 % x $3400

=1.45/100 x 3400

=0.0145 x 3400

=$49.3




In early America, the Navigation Acts ensured all imported products came from England. What type of market structure is this an example of?

A) monopoly

B) oligopoly

C) traditional

D) free competition

Answers

Answer:

Monopoly

Explanation:

The monopoly is the market structure where there is only single seller who sells a unique product. Also in this market, there is no competition as the seller is only one who deals in one product and other sellers has nno close subsitutes

So as per the given situation since the imported goods came from england so this represents the monopoly

Hence, the correct option is A.

Alicia accidentally hit the bumper of her car by driving into a tree. She has a car insurance policy with $1000 deductible. The total damage to the car is $500. How much will the car insurance company pay in this scenario?

A. $500
B.$1000
C. Nothing
D. the total value of the car

Answers

Answer:

C. Nothing

Explanation:

In auto-insurance, a deductible is the amount of money you pay from the packet to cover part of the damages arising from an accident. A deductible is a way of sharing risk between the insured and the insurance company. A $1000 deductible implies that the insured will pay $1000 from their pocket when they make a claim.

When the claim amount is less than the deductible, the insurance will not pay anything. In this case, the claim is $500, and the deductible is $1000. The insurance company will pay a zero amount.

The Correct Answer: nothing

2. (02.03 LC) What is the role of the Securities and Exchange Commission? (10 points)
A: It adjusts the interest rates for loans.
B: It ensures all financial institutions follow banking laws. .
C: It protects up to $250,000 of customer deposits.
D: It regulates the business practices of stockbrokers.​

Answers

Answer:

D: It regulates the business practices of stockbrokers.​

Explanation:

The securities and exchange commission( SEC) is an independent state regulatory authority mandated to protect investors and promote fair and orderly practices in the securities market.  The Sec has published rules and regulation that has created investor confidence in the markets. The SEC rules apply to all firms and individuals in the securities markets, including brokerage firms, securities exchanges, dealers, investment banks, and investment funds.

Among other things, SEC regulations demand disclosure and sharing of financial and market-related information, fair trading, and guards against fraud.

Answer:

D: It regulates the business practices of stockbrokers.​

Explanation:

the Securities and Exchange Commission is tasked with protecting investors.

what are creative unique products example flying water bottle plz don’t give me actual already made products

Answers

creative products? let’s see maybe like moving or like robotic lamps?

Discuss three factors a company must consider when attempting to find an endorser for their products

Answers

Answer:- three factors a company must consider when attempting to find an endorser for their products is the endorsers reputation, popularity, health, and minimal injury history.

Explanation:

Hope I helped you

If you take out a loan, which two things do your loan payments go toward?

A. Income and cash flow

B. Assets and collateral

C. Line of credit and the bank

D. Principal and interest

Answers

Answer:

D. Principal and interest

ASAP! please and thank you!
A painter finishes the work he promised ahead of schedule and is paid for his services. This is an example of a(n) _____________ contract.
A. voidable
B. executory
C. express
D. executed
2. A major home improvement store sells home appliances but contracts with a plumbing and electrical company to provide installation for customers. This is an example of
A. commission
B. assignment
C. consignment
D. delegation
3. A large company contracts with Jon to do some technical writing for the company’s website. Jon promises to finish the writing by a certain date. This exemplifies which type of contract?
A. quasi–contract
B. unilateral contract
C. bilateral contract
D. unenforceable contract
4. Which of the following is NOT an element of a contract
A. Both parties must have contractual capacity.
B. Only one party must give something of value.
C. Both parties must be in agreement.
D. The contract must not break any laws.
5. Informal contracts are so named because
A. they are not fully enforceable.
B. they are not typically used.
C. informal language is used on the contract.
D. no special form is required for their creation.

Answers

The correct answers are given for the described scenarios below:

A painter finishes the work he promised ahead of schedule and is paid for his services. This is an example of:

Executed Contract

A major home improvement store sells home appliances but contracts with a plumbing and electrical company to provide installation for customers. This is an example of

D. Delegation

A large company contracts with Jon to do some technical writing for the company’s website. Jon promises to finish the writing by a certain date.

This exemplifies which type of contract?

C. bilateral contract

Which of the following is NOT an element of a contract

B. Only one party must give something of value.

Informal contracts are so named because:

A. They are not fully enforceable.

What is a Contract?

This refers to the legally binding agreement which is signed by two parties after the satisfaction of various clauses.

Read more about contract agreement here:
https://brainly.com/question/5746834

There are only benefits of branding. No drawbacks exist.
true
false

Answers

Answer: false

Explanation:

Answer:

false

Explanation

HELP QUICK WILL PICK BRAINLIEST
When you receive your paycheck, you should verify that the amounts are accurate. Which of these things should you do?
Calculate your wage to ensure the gross wages on your paycheck are correct.
Review your deductions for accuracy.
Subtract the total amount of deductions from your gross wages to determine the correct net wage to be paid.
all of the above

Answers

Answer:

all of the above

Explanation:

answered it on edg 2021 and got it correct

identify and explain one advantage and one disadvantage of BMW if economic growth is expected in Germany

Answers

Answer:

Down

Explanation:

Benefits of economic growth

benefits-growth

Increased consumption. Firstly, higher GDP implies the economy is producing more goods and services and therefore consumers can enjoy more goods and services. If human welfare is linked to consumption then growth will benefit society. Higher levels of consumption will help to reduce any incidence of absolute poverty (when people can’t meet basic necessities of life.) This may not be so obvious for developed countries, like the UK and US, but for developing economies, economic growth and rising incomes play a big role in lifting people out of poverty.

Higher investment in public services. With higher GDP the government will be able to collect more taxes; this is because people as incomes rise and people spend more they will pay more income tax and VAT. This is beneficial because the government can use this increased revenues to reduce the level of government borrowing and/or spend more on public services and investment in the country infrastructure. This investment in public services can help improve the long-term performance of the economy. For example, better infrastructure enables a lower cost of trade. Therefore, growth can cause a virtuous cycle of higher investment leading to higher growth – which enables more investment.

Lower unemployment. Higher economic growth will also lead to an increase in demand for labour as firms will be producing more. Therefore unemployment will fall, this has various advantages such as lower government spending on benefits and less social problems. If the economy is in recession, then increasing the rate of economic growth will be an important step in reducing unemployment.

D7G7 unemployment

The rise in unemployment in 2008/09 was due to negative economic growth.

Mohamed is starting a new business. Before selling anything, he bought a motor van for $3500, a
market stall for $2000 and inventories for $1100. He did not pay in full for his inventories and still
owes $1000 for them. He borrowed $4000 from Ibrahim. After the above, he has $400 cash in hand
and $1000 cash at bank. Calculate the amount of his Capital.​

Answers

Answer:

$3,500

Explanation:

Who is Adam Smith and what is his belief about prices? Do you agree or disagree? Why?

Answers

Answer:

Adam smith is Abigail Smiths husband

Explanation:

They have been married for centies

True or false genres or categories of repertory, do not necessarily transfer from one society to the next though they may be similar. Music

Answers

Answer:

True

Explanation:

Considering the style and function of music in society, researchers have found out that music is used for different specific purposes, in every different society as well.

In other word, there is specific music for specific events, hence, it is TRUE that "genres or categories of repertory, do not necessarily transfer from one society to the next, though they may be similar."

Who is the richest man in the world

Answers

Answer:

Jeff Bezos is the richest man in the world.

Allison would like to find all records that are in stock. In her database, she has a field named "in stock." When the item is in stock, a "yes" appears. What should Allison do?


Conduct a query and set the criteria as =yes.

Conduct a query and set the criteria to >2.

Locate each record and check each one.

Sort the records in ascending order by item number.

Answers

Answer: she should conduct a query and set the criteria to >2

Explanation:

Don’t know this but I tried I am only in 9th grade

When a salesperson says or does something that creates agency such as giving advice to a customer, giving an opinion to a customer, or negotiating on the customer's behalf the licensee has:

Answers

Answer:

implied agency

Explanation:

The implied agency refer to an agency that is established from the principal and agent conduct. It develops the agency relationship. It is a real agency and a fact to be proved

Therefore as per the given situation since it is mentioned that at the time when the salesperson said or do something that establish the agency so this represent the implied agency

Therefore the same is to be considered

What the person above me said

Explanation:

i just took the asignment.

If any body wants to be doctor ; what else does he need to do?​

Answers

Answer:

go to med school

Explanation:

.........

what are the matters to be considered while studing market ? write in brief​

Answers

Answer:

The purpose of researching a market is to figure out how you can best attract those who are likely to buy your company's products or services. 

What precautions does the government take to protect money?

Answers

Answer:

Americans piled into the metal as protection from the collapsing value of the dollar. But since the 1970s, the government has enacted a series of laws that have made owning gold more difficult, more costly, and less private.

Explanation:

:D

the government accountability office reports that sweatshops. are no longer a problem in this country, often employ undocumented workers and Childern, following all OSHA guidelines, none of the above​

Answers

Answer:

often employ undocumented workers and children

Explanation:

A new business has total sales of $14,000, applied $1,350 in merchandise discounts, and had returns of $234. Calculate the business's total net sales.

Answers

Answer:

$12,416

Explanation:

Applied merchandise discounts mean discounts issued.

The net sales will be total sales minus merchandise discounts applied minus returns.

Net sales = total sales - ( discounts + returns)

Net sales = $14,000 - ( $1,350 + $234)

Net sales = $14,000 - $1,584

Net sales = $12,416

the type of ownership in which each restaurant is the same in the ownership of each restaurant is the same as known as which of the following?
A. food service cooperation
B. Food service franchise
C. Independent food service operation
D. Food service chain​

Answers

Answer:

D. Food service chain​

Explanation:

In business ownership, a chain of restaurants refers to several restaurants owned by one organization. In other words, in a food service chain, the owner(s) will have many branches located in different locations. Because the restaurant belongs to one entity, they are similar in appearance and operations.

A chain of business is different from a franchise business. In a franchise, the branches are identical but have different owners.

lents for Chefs on O*NET
Click this link to view O*NET's Education section for Chefs. According to O*NET, what are the three most common
levels of education Chefs hold? Check all that apply.
O associate degree
master's degree
high-school diploma or equivalent
less than high-school diploma
bachelor's degree
doctoral degree
Intro

Answers

According to the O'NETS education sector, the degrees that chefs need to have are:

associate degreehigh-school diploma or equivalentless than high-school diploma

Who is a chef?

A chef is a term that is used to refer to a cook that has been professionally trained on the ways to prepare several meals.

A chef is a person that is able to prepare different dishes and they are known to focus on one cuisine often times.

Read more on a chef here: https://brainly.com/question/26556380

Answer: The answer is 1 3 4

Explanation:

I got it right

A region along a major shipping route is likely to have trade make up a large part of
its economy. This is an example of what type of factor? Choose the answer.

geographical

economical

agricultural

capital

Answers

Answer:

economical

Explanation:

A region along a major shipping route is likely to have trade make up a large part of its economy, is an example of geographical factor.

What is a trade?

Trade is the voluntary exchange of goods and services between different economic players. Since the parties are under no obligation to trade,  a transaction will only occur if both parties consider it beneficial to their interests.

In financial markets, trade refers to purchasing and selling securities, commodities or derivatives. It encourages investment in a country.

Free trade means international exchanges of products and services without obstruction by tariffs or other trade.

International trade results in increased efficiency and allows countries to benefit from foreign direct investment(FDI) by businesses in other countries.

Learn more about trade here:

https://brainly.com/question/27622280

#SPJ2

What basically compares what an individual owes compared with how much they earn monthly?
A. Home Equity Loan Ratio
B. Return on Investment
C. Debt to Income Ratio
D. Terms & Conditions

Answers

Answer:

C. Debt to Income Ratio

Explanation:

The debt to income ratio (DTI)provides a picture of the level of debts of a borrower. The DTI is usually expressed as a percentage of gross income. A high debt to income ratio indicates a person spends a high percentage of income on paying debts.

Lenders use the debt to income ratio to assess a borrower's ability to repay debts. Individuals with low DTI are preferred to those with a high one.

Sending a thank-you note to an interviewer is no longer expected.


True

False

Answers

Answer:

False

Explanation:

Answer:

your answer would be true

Explanation:

In your opinion, is the “shrink it and pink it” strategy an effective way to market sports apparel to women? Why or why not?

Answers

Answer:

Concept: Business Administration

By definition the shrink it and pink it is a method employed by marketing to create a curated color that appeals to the women eye and also retroactively fits their figure and stature.Arguably, the strategy is effective in principle as it attracts more women buyers that would have otherwise skipped over the said sport apparel. It curated a line of clothing that suits them and makes them feel included. The principle of inclusiveness is a driving factor in this strategy which inherently has increased the sales of women apparel.

Answer:

I don't think it's an effective strategy. It seems a little sexist to be completely honest. As someone who was raised by an extremely progressive mother, I think it's safe to say that women don't appreciate generalizations, much less made by the marketplace.

When working in the gig economy, what statement is true regarding your payroll taxes?

a. You do not have to pay any payroll taxes

b. You can postpone paying your payroll taxes for up to a year

c. You only have to pay half of your payroll taxes for Social Security but not for Medicare

d. You must pay your entire payroll tax to cover Social Security and Medicaid​

Answers

Answer:

c. You only have to pay half of your payroll taxes for Social Security but not for Medicare

Explanation:

This is true due to the fact that, payroll taxes is exempted from medicare as a result of the individual medicare subscription of the employees. On the other hand, there is need for them to pay social security taxes towards the provision of the social amenities to the citizens.

After reading through these pages and completing some of the activities, do you believe the decision to start a new business is a good one or would you advise that person to continue looking for employment? What are your reasons for coming to this conclusion?

Answers

Incomplete question. I answered from a general perspective.

Answer:

Yes, if circumstances allow

Explanation:

While it may be best for someone to start a new business rather than go on looking for employment, it is also not always going to be the best option for some other person.

However, here are some advantages/benefits of starting a new business instead;

Become your own boss. By so doing you become self-employed; having the ability to control how to run your business. Gives you the privilege of earning additional personal income.Work flexible hours.
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