This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Which of the following would be used in setting the price of a new product if considerable ... (Read 64 times)

lak

  • Hero Member
  • *****
  • Posts: 546
on: Jun 29, 2018
Which of the following would be used in setting the price of a new product if considerable competition is expected?
 A) Psychological pricing
  B) Penetration pricing
  C) Odd-even pricing
  D) Price skimming
  E) Prestige pricing

Question 2

If Nabisco wants to quickly gain a large market share with its new line of reduced-fat snack crackers, it should use
 A) penetration pricing.
  B) random discounting.
  C) captive pricing.
  D) price skimming.
  E) everyday low prices.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

alvinum

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


lak

  • Member
  • Posts: 546
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

meganmoser117

  • Member
  • Posts: 303
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Participant observation, participating and observing in a research setting, is usually supplemented ... Participant observation, participating and observing in a research setting, is usually supplemented ...
Personal care setting. Personal care setting.
Private practice setting. Private practice setting.
A close relationship between greenhouse gas emissions and a country’s gross domestic product A close relationship between greenhouse gas emissions and a country’s gross domestic product
Excel hardware is introducing a new product on a new product line of capacity 800 units per ... Excel hardware is introducing a new product on a new product line of capacity 800 units per ...
Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price. Cost = $99.49; Rate of markup based on cost = 32%. Find the markup and selling price.
Video: Cellular Defects - Osteoblasts, Osteoclasts and Osteocytes

For a complete list of videos, visit our video library