Answer:
Joint Demand
Explanation:
The joint demand is created when the uniqueness of one part of the complete set of product is innovative and triggers sense of differentiated product in the mind of customers. This sense of quality generates demand for the whole of the product.
Answer:
future value of the video projection payment: 371.64 dollars
Explanation:
The future value of these payment will be calculate as ordinary annuity:
C $ 70
time 5 years
rate 3% = 3/100 = 0.03
FV $371.6395 = $ 371.64
B. The installment plan. Where consumers were able to pay for products and services in installments.
Answer:
The answer is D.
Explanation:
Income elasticity of demand potatoes is negative. Potato is considered an inferior goods because demand for an inferior good decreases with an increase in income and increases with a decrease in income.
Last year when the income was $30,000, 60 pounds was consumed. It increased to 80 pounds when the income fell to $20,000.
A normal good will increase with an increase in income and decrease with a decrease in income.
Answer:
Multisegment approach
Explanation:
Multi segment approach refers to a marketing strategy where a firm provides distinct offerings to different segments of it's target market. Every of the market segment is treated differently with regards to it's offerings and benefits to each market segment.