The producer MAKES the product, and sells it to retailers. The consumers buy the products from the retailers.
Answer:
Option (B) is correct.
Explanation:
Given that,
Percentage increase in price = 5%
Percentage decrease in quantity demanded = 15%
Therefore,
= 3.0
Hence, elasticity of demand facing Billy Bob's Barber Shop is 3.0
Answer:
In her purse under her desk
Explanation:
I think that in all the other places the phone could become a distraction.
It does not contain a benchmark measure and statement of the degree of change sought is wrong with the objective.
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Explanation:</u></h3>
DAGMAR refers to defining advertising goals for measured advertising results. It is a method used in the advertising camping and it was introduced by Russell Colley . There are four main steps involved in this approach such as awareness, comprehension, conviction and action that are effectively caused by an advertising campaign.
The main thing in this approach is to set clear goals for an advertising cam,campaign and then measuring its success. In the example given, when DAGMAR approach is used, there must be a pre-set benchmark to be established so that the success of the campaign can be measured or compared. The statement given in the example does not contain any benchmark that is to be measured and the statement of degree of change to be sought with.
The model stresses defining the segment of the market that the campaign seeks to reach.
The model also requires an evaluation of the campaign's success against a pre-set benchmark.
His gross income would be $1 million but he should get some credit for the$400,000 donation as a percentage of that amount so this would reduce his income tax for that year accordingly and benefit him for his generosity.
