Write notes on Penetrating pricing.

Q: Why Mall Store retailers place their most expensive products right in the entry way of the store,…

A: The most expensive products placed by the mall store retailers in the entryway of the store so that…

Q: how does advertising affect price elasticity?

A: It is difficult to predict consumer demand, which fluctuates frequently. Economists use the word…

Q: Which of the following is not an example of price discrimination?   a.  ​Senior citizen discount at…

A: Price discrimination: Price discrimination refers to the process to charge different prices for the…

Q: What is value-of-service pricing? Is this approach to pricing valid today?

A: The firm can choose various pricing strategies in order to maximize profit. The pricing strategy…

Q: How does price discrimination play a role in the economy?How does the idea of price discrimination…

A: Price discrimination is the pricing strategy (usually practiced by a monopolist) whereby the…

Q: One example of price discrimination is when movie is newly released the ticket price for movie…

A: Price Discrimination Price Discrimination is the strategy the seller used to discriminate against…

Q: Why does a Starbucks coffeehouse face a downward–sloping demand curve while a dairy farmer has a…

A: Starbucks is working in a monopolistic market as it is a developed brand. Starbucks is preferred by…

Q: hich of the below is NOT an example of price discrimination?     a. A store that offers a senior’s…

A: Here exception is "Competing grocery stores have different prices for milk."

Q: A wheat manufacturing company is practicing price discrimination in two cities, na Bangalore and…

A: Price discrimination is the practice of charging different prices from the various customer for the…

Q: what are pricing tactics and examples? What are some forms of price discriminations?

A: Some of the major types of pricing tactics: 1-Discounting: Discounts are price reductions based on…

Q: d) What is the consumer and producer surplus in part (c). Give me the letters of the shape of the…

A: d) The profit-maximizing condition of a perfectly competitive firm is at the point where the price…

Q: What is the difference between bundle pricing and random pricing?

A: At the marketplace, firms use different pricing strategies to get maximum revenue from selling the…

Q: rite Notes on bellow: A- Market research

A: Market research refers to the process of determining the credibility of a new service or product to…

Q: Define and give a few examples: Pricing Tactics Price Discriminations Pricing Sturcture

A: Pricing tactics are tactics used by firms to maximize profit and reduce cost. Example Firm using…

Q: what is an example of parallel pricing ?

A: Parallel pricing is a method of copying other companies' pricing strategies, especially…

Q: What is price discrimination?

A: The price of a good or service is determined by the intersection of demand and supply in the market.…

Q: Use an example to discuss the definition and rationale of Price Discrimination

A: The term 'price discrimination' is used in economic study when consumers and sellers interact with…

Q: Discuss in details the concept of efficient pricing, illustrate and show the equilibrium.

A: The pricing of a good or service depends on type of market structure in the market is. The pricing…

Q: A firm practices third-degree price discrimination. With the aid of a graphical illustration,…

A: Price Discrimination  Price discrimination is a marketing approach in which a marketer charges…

Q: Everyday-low pricing is a pricing strategy that is consistent with a goal of achieving long-term…

A: Answer: Everyday low pricing (EDLP): EDLP refers to the pricing strategy wherein the retailers or…

Q: Describe how the following firms could implement price discrimination (or an advanced pricing…

A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: In most markets, independents are the most common form of retailer. Why is this the case?

A: There are various types of market where Retailer , wholesale sale their products either homogeneous…

Q: Predatory pricing is consistent with profit maximization in the short run. TRUE OF FALSE?

A: Predatory pricing refers to when the seller illegally sets the price too low in order to eliminate…

Q: The new book, The secrets of the world of Fungi was published as a hardback edition for £20 in March…

A: In this question, we are asked which type of pricing strategy is used.

Q: please provide me some advantages and disadvantages of short term pricing policies

A: The term Price refers to a function of the marketing mix. Pricing is the particular value of a good…

Q: How starbucks use product differentiation to maximise profits? What is the relation with elasticity…

A: Demand and supply are important for the overall working of the economy. That is because demand and…

Q: U.S. pharmaceutical companies charge different prices for prescription drugs to buyers in different…

A: Many companies, to maximize their profits and to increase their market share, charge different…

Q: List and explain the three kinds of pricing methods. Give an advantage and a disadvantage for each…

A: Economics deals with all the relevant components regarding the pricing, quantity, all the economic…

Q: what are some pricing tactics used by companies? What form of price discriminations might a company…

A: Some price tactics used by company would be cost based pricing,price management.Profit based pricing…

Q: Why do some restaurants charge very high prices for wine, drinks and bottled water and yet quite…

A: People usually assess the restaurants based on their food prices. A restaurant is expensive if the…

Q: Explain how price discrimination increases profit.

A: Price discrimination refers to the process of charging different price for the same good in…

Q: why price discrimination is profitable in the perfume market or industry ?

A: Price discrimination occurs when the seller charges a different price for same/similar product.

Q: What would be your response to the statement,“Profit maximization is the only legitimate…

A: Profit maximization is  the major  criteria used by firms to determine the price, quantity of inputs…

Q: When does price competition occur?

A: Competitive pricing is a pricing strategy that aligns a product's price with that of its…

Q: Explain Profit Maximization Pricing?

A: Meaning of Cost Plus Pricing: The term cost-plus pricing refers to the situation under which the…