Answer:
price-level surprises
Explanation:
Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. Also, the price of goods and services are primarily being set by the seller or service provider.
In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.
The rational expectations theory (RET) is an economic theory which states that consumers would always make decisions based on the best information that is made available to them at a given time.
According to rational expectations theory (RET), unanticipated changes in the price level, or price-level surprises would cause temporary changes in real output. Thus, macroeconomic policy such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels are ineffective in both the short run and long run
$13,862.77
This is total amount that will be payed once a year for the 5 year term of the loan.
Answer:
<em>Conditional Contract</em>
Explanation:
Conditional contract is a contract that can only be executed if another agreement is signed or another particular obligation is met. It is sometimes known as a theoretical contract.
This is an agreement that requires specific provisions to be met before the entities are bound to satisfy the terms of contract. Until the requirements specified are met, the contract is considered "conditional."
A conditional agreement is legally enforceable, but until it is unconditional, the obligations under it are suspended.
Services are a form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible and do not result in the ownership of anything.
Answer:
C). Life stage
Explanation:
Life stage marketing is characterized as the kind of marketing in which the significant products or services are offered on the basis of their stages of life. As people go through various stages or phases of life, their product preferences, purchasing decisions, shopping attitudes vary.
Therefore, the companies adopt life stage marketing to promote products directly to the target audience. For example, Madeline must adopt 'life-stage marketing' technique as diabetes is usually found in middle-aged or old-age people due to body's inability to use the insulin properly. Thus, <u>this would allow Madeline to get the desired response by targetting such people directly by promoting her product before them</u>. Thus, <u>option C</u> is the correct answer.