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1 year ago

The roi of a campaign, the value of a prospect, and the response rates in direct marketing are all examples of ____.

1 answer:

6 0

The ROI of a campaign, the value of a prospect, and the response rates in direct marketing are all examples of Concrete measures.

Out-of-store retail also includes direct sales, where businesses contact customers directly to inform them about their products and receive sales orders. Mail order (or catalog marketing) is a common form of direct response retail.

Email, online advertising, flyers, database marketing, sales letters, newspapers, outdoor advertising, telephone text messages, magazine advertising, coupons, telephone calls, postcards, websites, catalog distribution, etc. are examples of direct marketing strategies.

Direct marketing consists of three elements: Building an effective customer database. Direct response ads that lead to sales. Build direct relationships with your customers to increase sales and profits.

Learn more about Direct marketing at

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Last month, sellers of good Y took in $100 in total revenue on sales of 50 units of good Y. This month sellers of good Y raised

nekit [7.7K]

Answer:

Option c = They are Substitutes and have cross price elasticity of 1.67

Explanation:

Cross-Price Elasticity = %change in Quantity demanded of good X

%change in Price of good Y

% change in Quantity Demanded of good X = Q2-Q1 × 100

(Q1+Q2)

% change in Quantity Demanded of good X = 40-20 ×100

(20+40)

% change in Quantity Demanded of good X = 66.67%

% change in price of good Y = P2-P1 × 100

( P1+P2)

Last month Total Revenue = $100

Total Units = 50

Last month Price / unit = 100/50 = $2

This Total Revenue $120

Total units 40

This monthPrice / unit = 120/40 = $3

% change in price of good Y= 3 - 2 × 100

3+2

% change in price of good Y = 1 × 100

2.5

% change in price of good Y = 40%

Cross-Price Elasticity = 66.67

Cross- Price Elasticity = 1.67

Since its greater than 1 its Cross price elasticity of Substitute

also as the price of good y increased from $2 to $3 the quantity demanded of good x increased although its price remained constant which indicates its a substitute good as people preferred buying good x instead of good y

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3 years ago

Exhibit 9-1 Refer to Exhibit 9-1. If the economy is self-regulating, the price level is:_________.

victus00 [196]

Answer: b) lower in long-run equilibrium than in short-run equilibrium.

Explanation:

A self regulating economy will try to move to the long run Equilibrium.

From the graph attached you will notice that the Price Level at the point where the Long Run Curve intersects with the Aggregate Demand curve is lower than the point where the Short Run Supply curve intersects with the same Aggregate Supply.

This means that Prices in the long term at equilibrium will be less than prices in the short term at Equilibrium should the Economy be a self regulating type that will move towards a long term Equilibrium.

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3 years ago

When private ownership rights are well-defined and enforced, owners of physical assets and resources

sukhopar [10]

Answer:

b. incur the opportunity cost of ignoring the wishes of others.

Explanation:

Opportunity cost in economics is seen as the forgone cost of doing something.

So in this instance where private ownership rights are well defined, everyone knows what is his own and what belongs to others.

The opportunity cost of this will be to ignore the wishes of others. They must now consider the wishes of others.

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3 years ago

Which statement is true? Portfolio A dominates portfolio B if: Portfolio A has a higher return that portfolio B Portfolio A has

ra1l [238]

Answer:

The answer is "The last choice"

Explanation:

While comparing 2 assets or portfolio management, the risk of each portfolio and the rates of return of each portfolio should be taken into consideration. Whether the same danger is in the two assets. One should be preferred with both the higher return and one from the lowest risk should be recommended unless the two have the same rate of return. Portfolio A consequently either has a higher return and an at least as low fluctuation as B, or even lower volatility as well as an anticipated return at least as strong as B.

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3 years ago

Why is a hotel room a perishable product?

Anton [14]

Is the correct answer

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3 years ago

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