When Apple Launches a New IPhone Version, the Non-Subsidized Price

question 77

Multiple Choice

When Apple launches a new iPhone version, the non-subsidized price (as in the price if you buy direct, without a three-year contract) , is often $799 or $899, while older versions decrease in price. This initial high price is referred to as:

• A)ROI pricing
• B)skimming pricing
• C)cost-plus pricing
• D)market-oriented pricing

Understand different revenue models and how companies generate revenue with or without directly selling a product.

Grasp the structure and key components of an income statement and its significance in measuring financial performance.

Distinguish between various pricing strategies and their application in real-world scenarios.

Comprehend the significance of costs, including cost of goods sold (COGS) and operating expenses, in the profitability of a company.

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Definitions:

Human Dignity

The inherent worth of all individuals, deserving of respect and ethical treatment, regardless of circumstances or status.

Basic Rights

Fundamental entitlements believed to belong to every person, including rights to freedom, safety, privacy, and equality before the law.

Discrimination

Unfair or prejudicial treatment of individuals or groups based on characteristics such as race, gender, age, or sexual orientation.

Ethical Dilemma

A situation where an individual faces a decision involving conflicting moral principles, making it difficult to decide on the right course of action.