Answer:
D. More Units may be sold - but total revenue will be less than it would be at the higher price
Explanation:
Marginal Revenue (MR) represents the additional revenue that can be obtained if sales of a product are increased by one unit.
MR= is change in Total Revenue/Change in Total Output Quantity
In this situation as envisaged by the Marketing Manager, a price cut will lead to an increase in revenue based on more (marginal) units of the product sold at a lower price. The challenge, however, is that this increase in income will not be enough to offset the decrease in revenue that will result as a result of the price cut.
In other words, the organisation is better off selling fewer products or units at its current price than sell more (marginal units) at a reduced price.
The companies that think carefully about the impact of the sensations are practicing sensory marketing.
<h3>What is sensory marketing?</h3>
This is the type of marketing that is done to make a product to be appealing to all of the five senses of a person that is to consume to the good.
The sensory marketing is correct here because the products are to be appealing to the senses.
Read more on sensory marketing here: brainly.com/question/24925953
I think the best answer would be D. Understand her costumer value<span />
Monopolists can increase the amount of output and sell easily because they are in no competition, the revenue is also great as their is no competition the price charged is not challenged by any other organization.
<h3>What is Monopoly?</h3>
Monopoly is when there is no competition in the market and the seller is the sole seller of the product or service and therefore all the customers in the market purchase products or services from the said organization.
The organization can charge any price for the products or services as there is no competition the prices are not challenged by the other organizations as the sole seller of the commodity is the organization and this sole seller in the entire market is called a monopoly business.
It is difficult to be in a competitive environment but it is comparatively easier being a monopolist.
Learn more about Monopoly at brainly.com/question/27373128
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Answer:
Dr Interest Expense $805.44
Cr Cash $756
Cr Discount amortization $49.44
Explanation:
Preparation of the journal entries to correctly records the 2019 interest expense
Based on the information given the journal entries to correctly records the 2019 interest expense will be :
Dr Interest Expense $805.44
($10,068 * .08)
Cr Cash $756
($10,800 * .07)
Cr Discount amortization $49.44
($805.44-$756)
(To record Interest Expense)
