Answer:
motivated
Explanation:
to purchase the target, making him a (n) motivated consumer
Cross-elasticity of demand is a) the willingness to substitute other products.
If the goods are alternative products, the cross elasticity of demand is tremendous which means that demand for one product will increase when the charge of the alternative product will increase and vice versa
If the products are complementary, go elasticity of demand is terrible which means that once the fee of 1 product will increase, demand for the opposite product decreases and vice versa.
The go-rate elasticity formulation is an equation for calculating the pass-price elasticity of call for (XED) of separate services or products: go rate elasticity (XED) = (% change in call for of product A) / (% alternate of fee of product B), wherein merchandise A and B are exceptional services.
In economics, the pass elasticity of call for or go-price elasticity of demand measures the percentage change of the quantity demanded an awesome to the percentage change in the fee of another proper, ceteris paribus.
The cross elasticity of call for is an economic concept that measures the responsiveness in the amount demanded of one good while the fee for some other correct modifications.
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Answer:
c. average variable
Explanation:
The options for the question are;
. a) marginal
b. average total
c. average variable
d. average fixed
Predatory pricing can be regarded as
pricing strategy which is an illegal act whereby dominant firm in an particular industry set their price low so that compitition can be eliminated, this act usually aid Monopoly in the market. It should be noted that The practice of setting prices deliberately below average variable costs in an effort to drive a competitor out of the market is known as predatory pricing.
Answer:
$5
Explanation:
The marginal cost is the increase or decrase in total production cost if output is increased by one more unit. The formula to obtain the marginal cost is change in costs/change in quantify.
MC= ´TC/ ´Q
Where:
´=Change
TC= Total cost
Q= quantity
If the price you charge per unit is greater than the marginal cost of producing one more unit, then you should produce that unit
Answer:
The value of a business as a whole, over and above the value of its net identifiable assets.
Explanation:
Goodwill arises when a company acquires another entire business. . Goodwill represents assets that are not separately identifiable. The goodwill represents non tangible future value.