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ira [324]
3 years ago
5

The situation where one person's demand for a good depends on the consumption of the good by others is called a

Business
1 answer:
ehidna [41]3 years ago
7 0

Answer:

Network externality is the correct answer.

Explanation:

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Mott Company's sales mix is 3 units of A, 2 units of B, and 1 unit of C. Selling prices for each product are $34, $44, and $54,
Airida [17]

The break even point in composite units is 5000 units.

Break even point

The Break-even point  is calculated by dividing the fixed cost by the contribution margin per unit.

For this sales mix, the contribution margin per unit is the aggregate of each contribution margin. Contribution margin is calculated by subtracting variable cost from the selling price  

Contribution margin  for A is $20- $12 = $8  x 3 units

Contribution margin for B is  $ 30 - $18 = $12 x 2 units

Contribution margin for C is $40 -$24= $16  x 1 unit

Total contribution margin per unit will be

(8 x 3) x (12 x 2 ) x( $16 x 1)= $64

Break-even point = $320,000 /64

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2 years ago
Entrepreneurs are scrappy in their quest to gather market intelligence and understand how customers respond to their offerings.
Nuetrik [128]
Thank you for posting your question here at brainly. Below are the choices that should accompanied with the question above, the answer is letter C. 

a. He bought several apartments to rent out under Airbnb
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3 years ago
A company controlling a combination of factors to provide value to its target customers is the definition of a?
ale4655 [162]

When a company controls a combination of factors which it uses to provide value for its target customers, this is a marketing mix.

<h3>What is a marketing mix?</h3><h3 />

A marketing mix refers to all the factors that a company uses in order to be able to provide for the goods and services of the customers it targets.

Some of these factors include the pricing of products, the products themselves and their functions, and the place that the products are to be offered.

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1 year ago
What happens during the exit stage of a company?
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<span>The Exit stage is when the entrepreneur gets out of the day-to- day commitment of running the company.</span>
3 0
3 years ago
Read 2 more answers
price of bread increases. if peanut-butter is a complement, we would expect to see group of answer choices caramel's quantity de
Angelina_Jolie [31]

Price of bread increases. if peanut-butter is a complement, we would expect to see caramel's quantity demand decrease.

The amount of bread demanded will decline as bread prices rise. The cost of bread will rise in tandem with the rise in demand. Keep in mind that peanut butter and jelly go well together.

Even though the price of jelly remained the same, we are eating less jelly because we are eating less peanut butter. Jelly's popularity declines (jelly demand curve shifts inward).

For peanut butter, the income elasticity is -3. According to this, peanut butter is a subpar product. Any good with a negative income elasticity is subpar because you consume less of it as income levels rise. The amount supplied will eventually reach zero.

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1 year ago
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