When Apple introduced its iPhone, it was priced at $599. This allowed Apple to earn the maximum amount of revenue from the various segments of the market. Two months after the introduction, the price had come down to $399
What kind of a pricing did Apple adopt?
A) loss-leader pricing
B) market-penetration pricing
C) market-skimming pricing
D) target-return pricing
E) value pricing
C
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Scanner panels collect scanner data wherein panel members are issued an ID card allowing panel members' purchases to be linked to their identities
Indicate whether the statement is true or false
Under the Uniform Computer Information Transactions Act, what is the effect of putting
additional terms into an acceptance delivered through an electronic agent? A) The additional terms are ignored and a contract is formed based on the original terms. B) The additional terms become part of the agreement unless objected to within 10 days. C) The acceptance is treated is if it never occurred, leaving the original offer open. D) The acceptance is treated as a counteroffer.
Under the rule of reason analysis, a court must examine the alleged anticompetitive practice at issue and determine whether it is reasonable or unreasonable
Indicate whether the statement is true or false
Gyrl Skateboards manufactures skateboard decks. Guy Gyrl, the CEO, is forecasting cash flows for the next few months. Forecasted sales are shown on the top row of the table. Gyrl's sales are 25% cash and the rest are credit
It collects two-thirds of the credit sales in the month following the sale, and the remainder two months later. What are Gyrl's forecasted total cash inflows in December? Gyrl Skateboards Inc Sales Forecast and Collections Forecast ($000s) October November December Sales Forecast $2,600 $2,700 $2,950 Cash Sales Collections from last month Collections from 2 months ago Total Cash Inflows A) $2,700,000 B) $2,713,000 C) $2,738,000 D) $2,888,000 E) $2,950,000