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1 year ago

When you market Medicare Advantage and Part D plans, what may you offer as a gift to induce enrollment in a plan

1 answer:

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When you market Medicare Advantage and Part D plans, what you may offer as a gift to induce enrollment in a plan is: You may provide gifts to all enrollees during an event that is not above $15 in retail value.

<h3>What is Medicare Advantage marketing?</h3>

Medicare is a medical coverage and Medicare Advantage marketing can be defined as the way of marketing the plan to people and telling them the advantage of the plan including what they will benefit if they enroll for the plan.

Based on the given scenario you may offer either gift items or prizes to all potential enrollees that is not above $15 in retail value so as to convince them to enroll.

Therefore When you market Medicare Advantage and Part D plans, what you may offer as a gift to induce enrollment in a plan is: You may provide gifts to all enrollees.

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The fiscal year-end 2016 financial statements for Walt Disney Co. report revenues of $55,632 million, net operating profit after

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Option (C) is correct.

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3 years ago

A sporting goods store is having a large sale event. Baseball bats are marked down by 42%, and hockey sticks are marked down by

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The correct statement is "Hockey sticks had their prices reduced by $0. 41 more than baseball bats."

Mark down refers to a reduction in price of an item or good. The reduction is generally done as a percentage of price of the item. The purpose behind mark down is to increase sales volume.

<h3>Calculation of reduction in price:</h3>

Given:

Markdown in price of baseball bats is 42%

Cost of baseball bats after markdown is $21.46

Markdown in price of hockey sticks is 29%

Cost of hockey sticks after markdown is $39.05

For calculating the amount of markdown, we need to find the original cost of baseball bats and hockey sticks.

Calculation of cost of baseball bats before markdown:

$\begin{aligned} \rm Cost \:before\:markdown &= \dfrac{\rm Cost \:after \:Markdown}{100- \rm Markdown\%} \\
\\
&=\dfrac{21.46}{100-42\%}\\
\\
&=\dfrac{21.46}{58\%}\\
\\
&=\$37\end$

Hence the markdown in price of baseball bats is $\$37-\$21.46=\$15.54$

Similarly, for hockey sticks:

$\begin{aligned} \rm Cost \:before\:markdown &= \dfrac{\rm Cost \:after \:Markdown}{100- \rm Markdown\%} \\\\&=\dfrac{39.05}{100-29\%}\\\\&=\dfrac{39.05}{71\%}\\\\&=\$55\end$

Markdown in the cost of hockey sticks is $\$55-\$39.05=\$15.95$ .

Difference in markdown is:

$\$15.95-\$15.54=\$0.41$

Therefore it can be concluded that markdown in cost of hockey sticks is more as compared to baseball bats by $0.41

Hence the correct statement is "Hockey sticks had their prices reduced by $0. 41 more than baseball bats."

Learn more about markdown here:

brainly.com/question/3099549

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