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4 years ago

How did innovations in marketing and sales encourage conspicuous consumerism in the united states?

2 answers:

algol134 years ago

6 0

More products were available lower prices than before.<span>
<span>Prices go down and people can afford more goods.</span></span>

adoni [48]4 years ago

3 0

Marketing and sales innovations make use of advertising to create awareness about products. Advertising is a kind of communication which typically persuade people to buy an idea, product or service. Advertisers usually intentionally create messages to convince the consumers that they need the product that is been advertised. Along with advertising, companies also provide innovative means by which consumers can engage in wide scale shopping. All these encourages consumers to acquire goods and to increase their consumption of diverse products; this leads to conspicuous consumerism in America.

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Two of the biggest products the United States receives from other countries are

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Importation is the term used to describe the act of buying and securing goods from another country.

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2 years ago

For firms engaged in international lending and borrowing, ____________________ can have an enormous effect on profits.

Agata [3.3K]

Swings in exchange rates

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3 years ago

Next week, Super Discount Airlines has a fight from New York to Los Angeles that will be booked to capacity. The airline knows f

ss7ja [257]

Answer:

The cost of underestimating demand is considered a revenue loss that arises due to cancellation of flight costing $125. Hence, cost of underestimating the demand is, $C_{u}$ = $125 .

The cost of overestimating the demand is known as rewards. For example. free round trip ticket worth $250. Hence. cost of overestimating the demand. $C_{o}$ = $250 .

Denote the optimal probability of tickets not being sold by P. The expression is shown below:

$P = \frac{C_{u} }{C_{o} + C_{u} }$

$P = \frac{125}{250 + 125}$

P = 0.3333

Hence. the optimal probability that the tickets are not being sold is 0.33.

Apply the formula, NORMSINV (0.3333) in the Excel spreadsheet

The value of z is obtained as -0.4308. The negative value of z indicates that the number of seats to be overbooked must be less than an average of 25.

As per the stated question, an average of 25 customers cancel or do not show for the flight. Also the standard deviation is 15.

Calculate the number of seats by which company SD should overbook the flight.

= Value of z x Standard deviation

= -0.4308 x (15)

= -6.462

Subtract the value. 6 from the average customers that do not show up for the flight.

25 - 6 = 19 seats

Hence, the airlines should overbook the flight by 19 seats .

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3 years ago

Decrease in money demand shifts the (IS/LM ) curve to the _____________ and leads to a ________________ in Y and ______________

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Answer:

LM curve will shift left and lead to decrease in Y and increase in r.

Explanation:

When money demand decreases, it will cause LM curve to shift up to the left. There will be decrease in Fed which causes decrease in money supply. The upward shift of LM curve will lower the income and raise interest rates.

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3 years ago

Which of the following is true regarding the value of an option? A) Unlike the Black-Scholes formula, the Put-Call Parity sugges

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Answer: B) The option premium is greater or equal to its intrinsic value because of the time premium.

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The option premium can be calculated by adding the time premium and the intrinsic value. The time premium is the part of the option premium that accounts for the time remaining till the premium matures while the intrinsic value is the difference between the value of underlying asset and the strike price.

As the time premium can be zero but never negative, the option premium can either be greater than its intrinsic value or equal to it. It cannot be lower than it because of the time premium.

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3 years ago