Answer:
D. Find a balance of relatively high traffic and motivated buyers.
Explanation:
Mitch Causey is the Director of Marketing at Lessonly, the easy learning software. Lessonly helps companies like Birchbox, Angie’s List, and ModCloth improve their employee learning programs by allowing them to build, share, and track their materials all in one place.
After consulting private clients, working in an organic search agency, and managing inbound marketing in a national, corporate environment, Mitch Causey is loving the autonomy and education that oozes out of the Lesson.ly culture. He leads the marketing efforts at the startup to help share these core values to the ripe-for-disrupting world of employee training.
Answer:
a.$92.30
b.27.55%
Explanation:
a. Computation for the contribution margin per pair
Sales 355.00 per pair
Less:Variable cost $262.70 per pair
Contribution margin $92.30 per pair
Therefore the Contribution margin per pair will be $92.30
b. Computation for the contribution margin ratio.
Using this formula
Contribution margin ratio=Contribution margin per unit/Selling price per unit
Where,
Contribution margin per unit =$92.30
Selling price per unit =$335.00
Let plug in the formula
Contribution margin ratio=$92.30/$335.00
Contribution margin ratio =27.55%
Therefore the Contribution margin ratio will be 27.55%
Answer:
b
Explanation:
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopolistic competition has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
An example of monopolistic competition are restaurants
When firms are earning positive economic profit, in the long run, firms enter into the industry. This drives economic profit to zero
If firms are earning negative economic profit, in the long run, firms leave the industry. This drives economic profit to zero
in the long run, only normal profit is earned
If Verslas is producing at a profit maximising point, it means that marginal revenue equal marginal revenue and the firm is earning a normal profit
Answer: 0.70; 0.30
Explanation:
Marginal propensity to consume(MPC) is the additional spending by an economic agent due to a rise in income while the marginal propensity to save is the additional saving by someone due to rise in income.
Increase in income = $3,000
Increase in spending = $2,100
Increase in savings = $3,000 - $2,100 = $900
MPC = $2,100/$3,000
= 0.70
MPS = $900/$3,000
= 0.30
Answer:
a. the rate of job finding.
Explanation:
The unemployment insurance system is a program managed by the federal and state governments to provide unemployment benefits to individuals who are unemployed and meet certain eligibility criteria.
Although not a goal of the unemployment insurance system, one effect is that the system reduces the rate of job finding.
However, the main goal of the unemployment insurance system is to reduce workers' uncertainty about their incomes.
