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Kobotan [32]
2 years ago
5

Explain the nature of promotional plan

Business
1 answer:
kirill [66]2 years ago
8 0

Answer:

A promotional plan of a company refers to the promotional mix. This mix contains decisions regarding the company which would put them on the path of growth and lead them towards success.

This consists of decisions regarding the manufacturing procedures, marketing decisions, market niche decisions, customer care services if required, promotional decisions, planing and strategic organizational decisions and etc.

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Look at the table price elasticity. what is the price elasticity of demand (using the midpoint formula) between $2.50 and $2.25?
hodyreva [135]
The difference is .25
8 0
3 years ago
Morgan Stanley's wealth management unit offers to invest profits of $750,000 made by an artist on a world tour at 7% compounded
Elden [556K]

Answer:

$171,941

Explanation:

Cash out = $921,941. 2. Interest earned by the investment = $171,941.

4 0
2 years ago
A small open economy with a fixed exchange rate e2 is initially at equilibrium A with LM*1 and equilibrium output Y1. If there i
anastassius [24]

If there is an increase in government spending, the new equilibrium will be at <u>B</u> holding everything else constant.

<h3>What is government spending?</h3>

Government spending can be the defined as the money spent on goods and service or money spent by government to provide services to the public.

An increase in government spending will tend to lead to increase the demand of goods and service which inturn means that consumption expenditure will as well increase.

Inconclusion the new equilibrium will be at <u>B</u> holding everything else constant.

Learn more about Government spending here:brainly.com/question/27232573

6 0
2 years ago
Firm a is a new producer in the market for good​ x, which is characterized by linear demand and supply curves.​ initially, to at
Sladkaya [172]
I believe the information above is best supported by; the fact that producer surplus will increase if the price rises from $ 8 per unit to $10. This is due to the fact that there is a shortage in the market therefore demand will increase, this results to customers wanting to buy at a higher price than the initial cost, to satisfy their demand and need
7 0
3 years ago
Hodor borrowed $1000. The bank charges him 5% interest per year. At the end of year, he paid $50 in interest. There was 2% incre
dem82 [27]

Answer:

5%

Explanation:

nominal interest rate = 5%

real interest rate = nominal interest rate -  increase in GDP deflator (inflation rate) = 5% - 2% = 3%

The nominal interest rate is the interest rate earned or charged without considering the effects of inflation. The real interest rate adjusts the nominal interest rate against the year's inflation rate.

5 0
3 years ago
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