Answer:
the answer to this Question is Wood
Explanation:
The marketer "pushes" the consumer through a series of steps, or a hierarchy of effects, from initial awareness of a product to brand loyalty.
<h3>What is the hierarchy in life?</h3>
Biological hierarchy refers to the systemic organisation of organisms into levels, such as the Linnaean taxonomy (a biological classification set up by Carl Linnaeus). It organises living things in descending levels of complexity: kingdom, phylum, class, order, family, genus, and species.
<h3>What is a work hierarchy called?</h3>
A corporate hierarchy may also be referred to as the chain of command within a business because it outlines where decision-makers reside. It also defines who must adhere to those orders and who may supersede and make changes to the plans of their subordinates.
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In the confidence interval method the sample data must come from a population that is normally distributed with no outliers.
A confidence interval is a range of values derived from observable data at a desired level of confidence that may include the parameter's true value. The confidence level, such as a 95% confidence level, refers to the accuracy of the estimating process rather than the degree of assurance that the computed confidence interval accurately represents the true value of the parameter under investigation. Confidence intervals are typically written as (some value) ± (a range). The range can be expressed as a percentage or as a real amount. The equation used to determine the confidence interval varies depending on which standard deviation is known.
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Answer:
Elastic demand
Explanation:
Price elasticity of demand is a concept that seeks to measure the sensitivity of demand to the price of a good or service. Thus, if demand is elastic, it means that even small variations in price have a strong impact on demand. Conversely, if demand is inelastic, variations in the price of the good will not greatly affect demand, meaning consumers will continue to demand that particular good or service.
The calculation of the price elasticity of demand consists in the division between the variation of the quantity demanded by the variation in the price practiced. If the result is greater than 1, demand is considered elastic (price sensitive). Conversely, if elasticity is less than 1, demand is considered inelastic (little price sensitive). If elasticity equals one, then the change in demand is exactly the same as the price change.