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eduard
2 years ago
11

Question 7 of 10

Business
1 answer:
joja [24]2 years ago
4 0

Answer:

B. the set of plans for product, price, place, and promotion that the marketer will use

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What will a contingency note contain?
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The equilibrium price and quantity of a good are found where the supply and demand curves intersect.
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3 years ago
The Clark Sports Camp operates three sports programs: basketball, lacrosse and field hockey. The camp provides a unique opportun
igor_vitrenko [27]

Answer:

1. <u>Impact on profits</u>:

Contribution Margin =                     $63,000

Less: Traceable Rent = $10,000

Less: Salary of Director = $10,000

Total avoidable fixed expenses = <u>$20,000</u>

Decrease in Profits =                      <u>$43,000</u>

Hence, the profits will reduce by $43,000 if the basketball program is eliminated.

3. If the allocated fixed costs can be reduced by $50,000. The program should be dropped since there will be an increase in profits by $7,000 (50,000 - 43,000). The avoidable costs and revenues should be taken into account for the purpose of this decision. If the avoidable costs are more than the revenues, the line should be dropped else not.

Hence, since after considering the reduction in allocated fixed costs, the avoidable costs are greater than revenues, the program should be dropped

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3 years ago
Brenda wants to buy a new car and has a budget of $25,000. she has just found a magazine that assigns each car an index for styl
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For each $5000 she spends on the style the record ascends by one, so the most she can accomplish is an auto with style list of 5. For each $2500 she spends on gas mileage the file ascends by one, so the most she can accomplish is an auto with a gas-mileage file of 10. The slant of her spending line is in this way ½.
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3 years ago
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