Based on the change in price and quantity demanded, the cross-price elasticity would be<u> 2.57.</u>
<h3>What is the Cross-price elasticity?</h3>
It shows how much the demand for a good is affected by a price change in a related good.
It is calculated as:
= Change in quantity demanded of one good / Change in price of the other good
= 36% / 14%
= 2.57
In conclusion, the cross-price elasticity is 2.57.
Find out more on cross price elasticity at brainly.com/question/25996933.
Answer:
The correct answer is letter "B": happenings.
Explanation:
Marketing intelligence is a corporate philosophy that implies understanding customers, stakeholders, the market and the environment in which a company operates. It is based on the events or happening data that are collected through different activities that are held inside and outside the firm. Marketing intelligence refers to understanding what are consumers doing and how the company can influence them.
Change may address the distribution of products to your personelle through storefront locations or through online channels.
<h3>What is distribution channel?</h3>
Distribution channel simply refers to a chain of businesses or intermediaries through which the final buyer purchases a good or service.
However, some members of the distribution channel are as follows:
- Wholesalers
- Retailers
- Distributors
So therefore, change may address the distribution of products to your personelle through storefront locations or online channels.
Learn more about distribution channel:
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Answer:
Economic duress
Explanation:
We say there is an economic duress during a contract when one party to the contract threatens to terminate the contract if the other person does not agree to their demands. Brent is asking for more money, if he does not get this, he says he would leave the work unfinished.
When this happens, the other party may be left stuck and may have no option than to agree to the new demands of the contract.