1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
GrogVix [38]
3 years ago
14

Why do marketers want to see and understand demand curves?

Business
1 answer:
Bad White [126]3 years ago
7 0
<span>The demand curve is based on the price of an item and the amount that people are willing to pay for it. Marketers want to see this, because it helps them figure out how to advertise to the public and what the public wants. This can be useful in pricing items so that they are lower than that of the competitors.</span>
You might be interested in
Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 a
iren2701 [21]

Answer:

In the question, we are not given information with respect to sales costs, so we can only find total gross sales:

Sales Budget fist 2 quarters of the year

Product  Sales Price  Sales Q1 Sales Q2  Total gross sales

XQ-103     $14             22,590    27,710      $704,200

XQ-104     $27             14,880    16,200      $839,160

                                                                     $1,53,360

4 0
2 years ago
Jeremy is an effective leader who is capable of helping his subordinates complete their tasks. However, he is considered intimid
never [62]

Answer:

Fiedler's contingency theory of leadership effectiveness.

Explanation:

Fiedler's contingency theory of leadership effectiveness states that one's effectiveness as a leader is determined by how leadership can match the situation at hand.

There is no single best way to lead, but leadership style is determined by the situation.

According to Fiedler's contingency theory of leadership effectiveness, leadership style is fixed and leaders will need to be put into situations that best matches their style.

The two important factors to consider in thos theory are leadership style and situational favourableness.

6 0
2 years ago
On January 1, 2018, Allgood Company purchased equipment and signed a six-year mortgagenote for $186,000 at 15%. The note will be
Ne4ueva [31]

Answer:

The correct answer is A: interest= $21048

Explanation:

An amortization schedule is a complete table of periodic loan payments, showing the amount of principal and the amount of interest that comprise each payment until the loan is paid off at the end of its term. While each periodic payment is the same amount early in the schedule, the majority of each payment is interest; later in the schedule, the majority of each payment covers the loan's principal.

Each payment is the same ($49,148), but the proportions of interest and capital pay changes. The interest proportion decreases from pay to pay.

Loan= 186000

i= 15%

n= 6 years

First pay:

i=186000*0,15=27900

amortization= 49148-27900=21248

Second pay:

i=(186000-21248)*0,15=24712

amort=49148-24712=24436

Third pay:

i=(164752-24436)*0,15=21048

amort=49148-21048=28100

While payments progress, interest decreases and amortization increases.

5 0
2 years ago
Economics: Which items make up the marketing mix?
Degger [83]

Answer: Price, Product, Promotion and Place.

Explanation:

7 0
2 years ago
Read 2 more answers
Explain the effects of each of the following factors on the market price and quantity of cell phones available in the market: an
Elina [12.6K]

Explain the effects of each of the following factors on the market price and quantity of cell phones available in the market: An increase in consumers’ income = if there is an increase in consumers income, there may be a decrease in the cell phones available for purchase because more people would have money to purchase phones. If more people are willing and able to purchase phones, the market price may increase on the device. Technical improvements that reduce production costs = If production costs of the devices go down, the market price may decrease making the phones more affordable. If phones become more affordable and decrease in price, the quantity sold may rise to reflect the change. A sharp decline in the cost of making fixed-line calls = if the cost of making fixed-line calls decreases, there may not be any change to the market price of phones however their may be an increase in quantity sold.

7 0
3 years ago
Other questions:
  • Which of the following would probably be a variable cost in a soda bottling plant? a. Direct labor b. Bottles c. Carbonated wate
    5·1 answer
  • Cody believes that Delta Corporation has discriminated against him on the basis of gender. Cody files a suit against Delta under
    9·1 answer
  • In a mixed economy, how is output allocated? Question 4 options: Via the market mechanism Partly by the market mechanism and par
    5·1 answer
  • Following are financial statement numbers and ratios for CVS Health Corporation for the year ended December 31, 2016. 2016 Total
    8·1 answer
  • Information that has been measured and reported in a similar manner for different enterprises is _________.
    9·1 answer
  • Your uncle has $500,000 and wants to retire. He expects to live for another 30 years and to earn 6.5% on his invested funds. How
    14·1 answer
  • Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $1,000, and se
    6·1 answer
  • Mickey and Jenny Porter file a joint tax return, and they itemize deductions. The Porters incur $2,000 in investment expenses. T
    15·1 answer
  • Which of the following factors should be included in the cash flows used to estimate a project's NPV?a. All costs associated wit
    8·1 answer
  • A stores new environmental policy (PLS HELP ASAP)
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!