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swat32
3 years ago
8

Sheena, marketing manager for Yaard-Vark Lawn Tractors, is interested in the relationship between the prices of lawn tractors an

d the level of sales. To test whether increasing prices will lead to a change in sales and, if so, how much of a change, she should use ________ research.
Business
1 answer:
AlekseyPX3 years ago
4 0

Answer:

Exploratory

Explanation:

Sheena, marketing manager for Yaard-Vark Lawn Tractors, is interested in the relationship between the prices of lawn tractors and the level of sales. To test whether increasing prices will lead to a change in sales and, if so, how much of a change, she should use exploratory research.

Exploratory research is the kind of research where an unknown phenomenon is worked upon. In this case, Sheena does not know the effects of prices on sales. Therefore she carries out exploratory research to fill in the blanks.

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babunello [35]

Answer: The complete table is as follows:

Explanation:

The following are the formulas for calculating marginal product , total revenue and marginal revenue product:

Marginal product = \frac{Change\ in\ Total\ Product}{Change\ in\ Capital}

Total revenue = Price × Quantity

Marginal revenue Product = Marginal product × Price

By using these formulas, I have completed the following table:

6 0
3 years ago
What impact did the rise of the middle class in the late nineteenth century have on the demand for consumer goods?
RoseWind [281]

Answer:

The middle class created a high and sustained demand  for consumer goods

Explanation:

Before the advent of the industrial revolution, the social stratification of society is such that either you are in the lower class of the poor or you are  part of the rich in the upper class. The industrial revolution of late 18th and early 19th centuries saw the springing up from the lower class a new set of wealthy and educated individuals which were later termed the middle class

This reach men and women are able to buy goods needed to satisfy their newly found social status which boost demand for new and quality goods produced as a result of industrial revolution.

7 0
3 years ago
Identify the true statement in each of the three modules. Identify the true statement. Deregulation can describe removing govern
Maksim231197 [3]

Answer:

Deregulation can describe either removing government control of the price of a good or the removal of government control of quantities.

Explanation:

Deregulation is the removal of government control , regulation or power in a particular sector or industry. An example of deregulation is the mail delivery. The government had a monopoly on the royal mail for many years

Deregulation can involve :

  • removal of government control on price
  • Removal of control on quantities

Advantages of deregulation

  1. It increases the rate of innovation and competition. This increases consumer choice.
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Disadvantages of deregulation  

  1. Customers are more vulnerable to high  risk-taking by companies.

6 0
2 years ago
You will receive $15,000 in two years when you graduate. You plan to invest this at an annual interest rate of 6.5%. How much mo
Sunny_sXe [5.5K]

Answer:

FV= $21,887.13

Explanation:

Giving the following information:

Initial investment= $15,000

Number of periods= 6 years

Interest rate= 6.5% compounded annually

T<u>o calculate the future value of the investment, we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 15,000*(1.065^6)

FV= $21,887.13

8 0
3 years ago
After you compose your message, you need to proofread. The proofreading process may take longer than the composition process. Yo
murzikaleks [220]

Answer: The correct answers are Check for typos, misspellings, and grammatical errors. Print a copy of the document.

Explanation: In order to check properly for errors and correct them accordingly it is better to print a copy of the document.

This will help to manually check for typos, grammatical errors and misspellings by going over the topic sentence and reviewing the document line by line.

7 0
3 years ago
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