Answer:
Marginal utility is the benefit of consuming additional unit of a product and it is inversely proportional to price.
Explanation:
Utility is the satisfaction derived from consuming a particular product.
As consumption continues, marginal utility is the benefit of consuming additional units of the product. Marginal utility reduces as consumption increases.
So the consumer is less willing to buy at current price. However the consumer will be more willing to buy more at a reduced price.
The campus bookstore is using the knowledge of this by selling the first mu for $10 and subsequent one for $6. The consumer will still be willing to buy at the reduced price.
<span>Under GAAP, cash receipts from interest and dividends are classified as operating activities. Operating activities are the main business activities for the company. The operating activities for the company are manufacturing, distributing, marketing and selling the product or service to consumers. </span>
A benefit of digital catalogs is<span> that they allow real-time merchandising. Other advantages </span>are they eliminate the costs of printing and mailing, they offer an almost unlimited merchandise, they offer a wider assortment of presentation formats. The internet and digital marketing have created this to match the need of consumers.
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The answer is option "a", Business analytics uses "data mining tools" to support decision-making activities.<span>
</span> Business analytics (BA) alludes to the skills, advancements, technologies and practices for ceaseless iterative investigation and examination of past business execution to pick up knowledge and drive business planning.
Business analytics concentrates on growing new bits of knowledge and comprehension of business execution in view of information and measurable techniques. Conversely, business knowledge generally concentrates on utilizing a steady arrangement of measurements to both measure past execution and guide business arranging, which is likewise in view of information and statistical strategies.
Answer:
I will visit the sales manager first
Explanation:
A company is profitable if its turnover exceeds expenditure. In other words, total sales must be more than the sum of the cost of sales and operating costs.
In a company, the significant cost components are inventory and operations costs. In this case, costs are risings reasonable. It signifies growth in production activities. The problem for the company is likely to be sales-related. Possible challenges in sales departments include.
- A significant drop in sales volumes
2. Low mark-up on the companies products
3. Pilferage or fraud in the sales processes.
