Based on the description, <span> this sales promotion is a Coupon.
Coupon is a type of marketing tools that provide consumers with free products or financial discount if reedemed to the sellers.
This type of marketing tool is used in order to persuade customers to buy a certain type of products/services that company prioritized..</span>
I'd advise him to take some time to think it through, so that he can make a sound decision. However, he shouldn't spend to much time trying to make up his mind ;he should be decisive and a risk taker.
Answer:
The 10,000 units of output that will be supplied by the two firms to the market.
Profit that each firm would earn will be higher than previous.
Explanation:
The firm selling 4,000 units at the price of $10 per unit. If the output is increased to 6,000 units the price will increase to $11 per unit. If the new 6,000 units are produced along with the previous 4,000 units then the total output supplied by the two firms will be 10,000 units (6,000 + 4,000). The supply of goods in the market will increase so price will fall and the revenue for the firms will decline but they can benefit with sales volume and their profit can increase.
Answer:
This is an example of: <u>Publicity</u>
Explanation:
Publicity is the process to make a product or service visible to all the people through the different forms of communication so they will be interested in buying it. Publicity involves traditional means of advertising like a press release or a radio ad and other means like social media. According to this, this is an example of publicity as BMW posted a video of the new Model 3 on its website to make the product visible to potential clients.
Answer:
Par value of equity = $4,000/500 shares
= $8 per share
No of shares repurchased = $1,000/$8
= 125 shares
Number of shares outstanding = 500 shares - 125 shares
= 375 shares
Explanation:
In this case, we need to determine the par value of shares by dividing the total worth of shares by the number of shares. Then, we will calculate number of shares repurchased by dividing the excess cash by the par value per share. Finally, we will calculate the number of shares outstanding by deducting the number of shares repurchased from the number of shares available.
