Addressing marketing failure is a way of having to know the causes of this failure and to be able to determine the better ways of solving it and to prevent it from happening it again, by this, in the future, they will be able to produce a more sustainable and stronger one.
Answer:
Play miniature golf instead of renting the movie.
Explanation: Marginal utility is the added satisfaction derived from spending an extra unit of money.
Now we can see that the consumer values time at $12 per hour, and they'll spend a total of $24 on watching the DVD because this will take 2 hours, the consumer will also spend just $12 on miniature golf because this takes just one hour.
Now factoring the costs of the DVD and the miniature golf into the equation, we have:
Total cost of renting and watching the DVD:
$4 + $24 = $28
Total cost of playing miniature golf:
$13 + $12 = $25
We can see that the consumer will spend less in playing miniature, while getting the same marginal utility with the other option.
Answer:
Sell securities in the open market.
Increase discount rate.
Increase required reserve ratio.
Explanation:
Apart from interest on reserves the other tools that the Fed can use to control money supply are open market operations, discount rate, and required reserve ratio.
In order to reduce inflationary pressures, the fed needs to reduce the money supply in the economy. For this, the fed needs to sell government securities in the open market. This will reduce the reserves with reserves and their credit creation power. As a result, the money supply will get reduced as well.
Other than that the fed increase the discount rate, this will make borrowing from feds expensive for the commercial banks. This will also help in reducing the money supply as the bank's reserve will get reduced.
The fed can also increase the required reserve ratio. So the banks will need to keep a greater portion of their total reserves as required reserves. They will be able to create less credit so the money supply will get reduced.
Answer:
TuneCore, Audiomack(for People to listen), Spotify, Google Play Music, and Apple Music...
Explanation:
