Answer:
b. value-based pricing
Explanation:
Value based pricing is a pricing strategy to set price of products based on value perceived by the purchaser. To have increased profit margin, business deduces the number of benefit the product provides to consumer. Then it establishes price which takes consideration of manufacturing cost, competitive price and consumer's willingness to pay price for the goods.
In the question mentioned IKEA not only provide functional benefit for the product but also quality, design, and services at low prices hence it is an instance of value based pricing.
Answer: Captive product pricing
Explanation: Captive product pricing refers to the strategy under which the company offers lower prices for the main product but earns revenue by charging higher for the captive products that are essential for the use of the main product.
In the given case, Hewlett packard are charging low for their printers but the prices of cartidges are high.
Hence from the above we can conclude that the above example depicts captive product pricing.
Yvette has a checking account with $17,371 and a savings account with $240,000. Her combined money in Apexon Bank is $257,371.
To know how much of Yvette's money is protected you must note that:
FDIC insures: checking, savings, money market deposits and certificates of deposit. FDIC protects against $250,000 combined.
Since Yvette has $257,371 the FDIC protects against $250,000 of that amount leaving $7,371 unprotected.
Answer:
Markup percentage= 900%
Explanation:
Giving the following information:
I sell shoes for $250 per pair. They cost me $25 to produce.
<u>To calculate the markup percentage, we need to use the following formula:</u>
Markup percentage= [(selling price - unitary cost)/unitary cost]*100
Markup percentage= [(250 - 25)/25]*100
Markup percentage= 900%
