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1 year ago

14

You recently increased your spending on marketing by 10%. You now spend $5,500 per month. Revenue increased by $1000 per month a

nd your gross margin percentage is 70%. All other expenses stayed constant. Did the increase pay off?

1 answer:

spayn [35]1 year ago

8 0

The correct answer is yes the money increase because it’s just right

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3 years ago

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Eduardwww [97]

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B

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3 years ago

Natasha2012 [34]

Answer:

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Debit Processing Department (WIP Asset) $ 25,000

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3 years ago

A man works for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their produ

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Answer and Explanation:

According to the given situation, when the amount of splishy splashies decrease by 5%, quantity of frizzles increases by 4%.

So, The cross price elasticity of frizzles relative to splishy splashies = Percentage change in quantity demand for frizzles ÷ Percentage change in price for splishy splashies

= 4 ÷ -5

= -0.80

Now,

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= -6% ÷ -5%

= 1.20

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The required Table are as shown below:-

<u>Particulars Cross-Price Elasticity Complements Recommended </u>

<u> of Demand or Substitute Marketing with</u>

<u> splishy splashies</u>

Frizzles 0.80 Complements Yes

Kipples 1.20 Substitute No

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3 years ago

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Answer:

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Explanation:

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2 years ago