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 108 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
Excellent

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
the transamination product of tryptophan is decarboxylated to yield indole-3-acetic acid, or auxin the transamination product of tryptophan is decarboxylated to yield indole-3-acetic acid, or auxin
Use the product rule to find derivative Use the product rule to find derivative
The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ... The retail price of a packaged CD is $60.00, which includes a tax of 4%. What is the actual ...
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Structures that affect circulation - heart and systolic/diastolic BP

For a complete list of videos, visit our video library