Rachel recently started a new gift shop in town. When she is deciding how to price the new products in her shop, she measures the value of her products against those of the other shops in her area. Rachel is most likely using a _______ pricing strategy .

Answers

Answer 1

Answer:

Answer:

The correct word for the blank space is: competitive.

Explanation:

Pricing strategies are methods companies use at the moment of setting the prices of their products. The most common pricing strategies are:

Cost-plus pricing. Involves recognizing the production costs and adding a percentage of those costs which represents the profit of the firm.
Competitive pricing. Implies establishing the price of a product similar to what competitors in the market have set.
Value-based pricing. It requires setting the price of goods and services based on what consumers think the price should be.
Price skimming. Involves pricing a product high at first and changing the price according to market fluctuations.
Penetration pricing. Implies setting the price of a product low to wipe out competitors and raising it after they completely disappeared.

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Symmetric information is the same as perfect information. a) holds under the assumption of rational expectations.
b) is true only in efficient markets.
c) means that savers and borrowers have the same information.

Answers

Answer:

The correct option is (C)

Explanation:

The information is a critical aspect of any financial market. Transparency is all about having everybody the same information. The symmetric information is all about transparency and having the same information. It means that borrower's and savers have the same information. It helps to stop misconduct and inside trading. The symmetric information helps borrowers and savers to trust the market and invest.

Explain the importance of excellent customer service.

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excellent customer service is very important because if they treat the customers badly then their company’s customers will slowly decrease

A company is usually unable to take advantage of economies of scale during the __________ stage of the product life cycle.a. Saturation
b. Introduction
c. Growth
d. Maturity

Answers

The Correct Answer Is C.

Growth

Answer: The answer to this is B Introduction. i just took the test

What happens if a nation's population grows more quickly than gross domestic product?a.Population growth will not continue.
b.There will be economic decline.
c.The nation's resources will increase.
d.There is no relationship between the two.

Answers

If a nation's population grows more quickly than gross domestic product, b.There will be economic decline.

Answer:

B. There will be Economic Decline.

Explanation:

The source document should be written in theA) Date column.
B) Account Title column.
C) Doc. No. column.
D) Post. Ref. column

Answers

The right answer for the question that is being asked and shown above is that: "D) Post. Ref. column." The source document should be written in the Post. Ref. column. This answer is correct as far as the source document is concerned.

Answer:

Explanation:

Source document (used as a cross reference from the

journal to the source document and written in the

Doc. No. column)

What happens to the equilibrium price when supply goes down? A. The price goes up. B. The price goes down. C. The price stays the same. D. The price goes up, and then goes down.

Answers

When supply goes down, the equilibrium price goes up. This is because if there is a smaller supply the good becomes more valuable to people who want the good.

Other Questions

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