Answer:
Total revenue will increase in all the situations.
Explanation:
A) PED = 1.2, the price of the good decreases, then the quantity demanded will increase in a larger proportion. For example, the price = $1 and the quantity demanded = 100 units, total revenue is $100. The price decreases 10% to $0.90, then the quantity demanded will increase 12% to 112 units, total revenue is $100.80
B) PED = 0.5, the price of the good increases, then the quantity demanded will decrease in a smaller proportion. For example, the price = $1 and the quantity demanded = 100 units, total revenue is $100. The price increases 10% to $1.10, then the quantity demanded will decrease 5% to 95 units, total revenue is $104.50
C) PED = 3, the price of the good decreases, then the quantity demanded will increase in a larger proportion. For example, the price = $1 and the quantity demanded = 100 units, total revenue is $100. The price decreases 10% to $0.90, then the quantity demanded will increase 30% to 130 units, total revenue is $117
Damian is a sales person at Ulta store. He guides his customer about the eyeshodow palette and help make him decision.
This is an example of Personal Selling.
<h3>Personal Selling:</h3>
It is a technique in which a store has various salesperson who guides their customers by using their interpersonal skills. It is a face to face selling technique.
In this scenario Damian helps his customer to make a buy decision about an eye shadow palette. He guides his customer and tries to satisfy him with his marketing skills.
The correct answer is Personal Selling
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Answer: c. contingency
Explanation:
Contingency management techniques aim to identify the risk that a company is facing by going into a particular situation and then coming up with ways to counter these risks. It is therefore a management technique that tries to adapt to the specific situation of the company.
Olivia in matching an appropriate technique to the company situation is therefore adhering to this management technique.
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D.V (dependent variable): plant height
Constants:type of plant, same type of soil, same amount of water and sunlight.
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