Dameion has a collision that is his fault. The ACV of his vehicle is $13,922. To repair the damages caused in the accident, it will cost $15,722
What will the insurer likely pay Dameion under his Collision coverage, assuming his deductible is $500?
A) $0
B) $13,422
C) $13,922
D) $15,722
E) $15,222
B
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Midnight Magic, a perfume manufacturing company, plans to release a new fragrance during the holiday season at $99 per bottle
The company intends to bring the price down to $49 within six months of its release to attract buyers who couldn't afford the initial price. Which of the following pricing strategies is Midnight Magic using? A) market-penetration pricing B) market-skimming pricing C) competitive pricing D) cost-plus pricing E) product-line pricing
Some research suggests that advertising and MPR
A) are incompatible marketing techniques. B) both require enormous financial investment to be successful. C) help increase short-term sales but remain ineffective in the long-run. D) stimulate growth in newspaper readership. E) are equally effective techniques for building product awareness.