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3 years ago

A marketing manager has just estimated that her firm's marginal revenue will become negative if a proposed price cut is made.

Business

1 answer:

Viktor [21]3 years ago

7 0

Answer:

D. More Units may be sold - but total revenue will be less than it would be at the higher price

Explanation:

Marginal Revenue (MR) represents the additional revenue that can be obtained if sales of a product are increased by one unit.

MR= is change in Total Revenue/Change in Total Output Quantity

In this situation as envisaged by the Marketing Manager, a price cut will lead to an increase in revenue based on more (marginal) units of the product sold at a lower price. The challenge, however, is that this increase in income will not be enough to offset the decrease in revenue that will result as a result of the price cut.

In other words, the organisation is better off selling fewer products or units at its current price than sell more (marginal units) at a reduced price.

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A snowboarding manufacturer segmented areas in the states containing ski resorts by zip code and targeted TV ads in those zip co

erik [133]

Answer:

Geographic segmentation.

Explanation:

Geographic segmentation is usually used when a company services clients in a particular location or when client preference are based on location. Grouping is done by country, state, region and city.

In this instance the snowboarding company is targeting states that contain ski resorts. Televisions adverts are targeted to these areas to increase awareness of their snowboarding products.

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3 years ago

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The Roberts family just received news from Jo-Anne Roberts' employer that she was receiving a prestigious promotion to Corporate

vazorg [7]

Answer:

Of course Jo-Anne Roberts can keep the apartment.

Explanation:

Jo-Anne and the previous owner of the apartment had a valid contract by which Jo-Anne was to pay $3.7 million for the apartment. She has already partially completed her performance on the contract, so the seller must perform his part of the contract.

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3 years ago

What problems has russia experienced in switching from a state-controlled to a free market economy?

Papessa [141]

Answer: Russia experience sever economic crisis

Explanation:

A free market system is one in which the cost and availability of products is determined by the forces of demand and supply. There is no or negligible government intervention in the functioning of the economy. When Russia transformed from being a state controlled system to a market oriented system, it lead to enormous corruption and economic crisis.

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3 years ago

By the fourth quarter of 2015, U.S. households had accumulated $12.5 trillion in housing equity, which represents about 14 perce

Sloan [31]

Answer:

correct option is d. two-thirds

Explanation:

given data

accumulated = $12.5 trillion

net worth = 14 percent

solution

here as per statistical data of 4th quarter in year 2015,

that required holding is two third of having home.

and Accumulated equity indicate the demand for housing in the country

so here 1 - $\frac{2}{3}$ = $\frac{1}{3}$ rd left out

it is assumed that they should get home at the beginning of 2015 (in the 1st quarter)

so correct option is d. two-thirds

7 0

3 years ago

Following are selected transactions for Vitalo Company. Nov. 1 Accepted a $6,000, 180-day, 8% note dated November 1 from Kelly W

umka21 [38]

Answer:

As at April 30

Dr. Account Receivable (120 days / 180 days x 6000 x 0.08) ..$320

Cr. Interest Income......................................................................................$320

Being accrued interest Income for current year to date on note receivable

Dr. Bank..............................................................................................$6,483

Cr. Accounts Receivable ($6000 note receivable + $163 + $320)...$6,483

Being settlement of note receivable with total accrued interest Income

Explanation:

Following are selected transactions for Vitalo Company.

Nov. 1 Accepted a $6,000, 180-day, 8% note dated November 1 from Kelly White in granting a time extension on her past-due account receivable.

As at November 1

Account receivable = $6,000 and Note Receivable = $6000

Dec. 31 Adjusted the year-end accounts for the accrued interest earned on the White note.

As at December 31

Dr. Account Receivable (61 days /180 days x 6000 x 0.08) ..$163

Cr. Interest Income......................................................................................$163

Apr. 30 White honored her note when presented for payment; February has 28 days for the current year.

As at April 30

Dr. Account Receivable (120 days / 180 days x 6000 x 0.08) ..$320

Cr. Interest Income......................................................................................$320

Being accrued interest Income for current year to date on note receivable

Dr. Bank..............................................................................................$6,483

Cr. Accounts Receivable ($6000 note receivable + $163 + $320)...$6,483

Being settlement of note receivable with total accrued interest Income

4 0

3 years ago

Read 2 more answers