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kodGreya [7K]
1 year ago
10

randy and debbie are in charge of training new marketing department employees at company abc. in a training session, debbie comm

ents that price serves as a mechanism to obtain value back from customers. debbie is correct in her assessment.
Business
1 answer:
andrezito [222]1 year ago
4 0

A SWOT analysis looks at both internal and external factors that help or hurt your company's operations.The following four categories of factors are the primary focus of this strategy:Strengths: Your business model's best features and most persuasive selling points

The Greek letter epsilon stands for which of the following: profit cost, error elasticity, or

The quantity decrease proportional to a small price increase is known as the elasticity of demand and is typically denoted by the Greek letter epsilon.The elasticity of demand is one minus the percentage change in total revenue caused by a 1% price change.

In-store displays are one of the most prevalent types of trade sales promotion.The fact that it establishes a personal connection with your potential customers makes this the obvious choice for increasing sales.Displays in stores are a great way to promote a product by making it easy for customers to see and buy it.

Learn more about SWOT analysis here:

brainly.com/question/21306560

#SPJ4

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A lump-some tax is the most fair because everyone pays the same percentage of taxes.
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3 years ago
Choose the behaviors that are exhibited by someone who is using critical thinking.
pshichka [43]

Answer:

b c d f

Explanation:

i just did it <3

6 0
3 years ago
Gretchen has just started as a fashion marketing intern for an up-and-coming design firm. She expected to begin right away imple
amid [387]

Answer:

public relations

Explanation:

Public relations refers to the process of building relations among the public and the organization. It focuses on constructing relations in the interest of the public by informing them about the new schemes and improvement of the company. It provides the individual to gain exposure and to earn experiences about the public. These relations ignites the sale of the organization and helps in its publicity too.

3 0
3 years ago
Suppose the demand for a price maker’s product is estimated to be Qd = 100 – 2P and its total cost function is C(Q) = 10Q. Under
Digiron [165]

Answer: See explanation

Explanation:

From the question,

Qd = 100 – 2P

We have to use the subject of the formula to get the expression for Price(P). This will be

2P = 100 - Qd

P= (100 - Qd) /2

P = 50 - 0.5Q

Also, C(Q) = 10Q

MC = 10

Since P = MC

50 - 0.5Q = 10

Collect like terms.

50 - 10 = 0.5Q

0.5Q = 40

Q = 40/0.5

Q = 80

Recall that,

P = 50 - 0.5Q

= 50 - 0.5(80)

= 50 - 40

= 10

The profit will be calculated as:

= TR - TC

where,

Total revenue = Price × Quantity

= 80 × 10 = 800

Total cost = 10Q = 10 × 80 = 800

Profit = 800 - 800 = 0

5 0
3 years ago
Which of the following statements is true? Select one:
Vinvika [58]

Answer:

d. In perfect price discrimination, the firm is able to convert the entire area of consumer surplus that existed under perfect competition into producer surplus.

Explanation:

Perfect price discrimination occurs when the firm charge the <em>maximum price</em> that consumer is willing to pay <em>for every unit sold</em>.

(That price is given by the demand curve)

They will produce where the lowest price they can charge is equal to their marginal cost (marginal cost = marginal revenue), in other words where Supply curve meet Demand curve, ie. free market equilibrium (so no deadweight loss).

Their revenue will be a + b + c. That includes a, the entire consumer surplus under perfect competition.

7 0
4 years ago
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