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dsp73
4 years ago
12

Brad Gordon, a real estate agent, brings together the buyers and sellers of houses as well as commercial property. Brad helps th

e parties negotiate the terms and conditions of real estate sales, but he does not take title to the property, provide credit, or assume any risks associated with the exchanges he helps negotiate. Because Brad provides only limited services, he is not a true marketing intermediary.
A) True
B) False
Business
2 answers:
Jobisdone [24]4 years ago
8 0

Answer:

Answer: False

Explanation:

A market intermediary can be said to be an individual or group that serves as a link between the manufacturers/owners and others such as intermediaries or the final buyer.

There are four types of marketing intermediaries, namely: Agents, Wholesalers, Distributors and Retailers.

Agents; they serve as intermediaries between buyers and sellers in exchange for an agreed commission.

Wholesalers; they buy products from manufacturers in large quantities and then sell them.

Distributors; like Agents, they do not buy from the manufacturers instead they help distribute in exchange for an agreed commission or prearranged fee.

Retailers; they sell to the final consumer.

Brian Gordon, the real estate agent falls under the agent category therefore, he is a true marketing intermediary.

My name is Ann [436]4 years ago
4 0

Answer:

False

Explanation:

As a marketing intermediary, Brad Gordon has done his part according to the function of a marketing intermediary since he has negotiated an exchange. it doen't reduce his job as a marketing intermediary.

It is left for the connected parties to provide credits or assume risk associate dwith the exchange.

i hope this helps.

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Reliable Enterprises sells distressed merchandise on extended credit terms. Collections on these sales are not reasonably assure
Mariana [72]

Answer:

$3,750

Explanation:

The computation of reliable gross profit is given below :-

=  Sales of 2020 year + sale of  2021 years - Cost of Merchandise

= $19,200 + $14,300 - $29,750

= $33,500 - $29,750

= $3,750

Since we have to compute the gross profit of 2021 only so we did not take the collection of year 2022

So, the reliability of gross profit is $3,750.

3 0
3 years ago
A marketing company wants to determine which cola beverage is most preferred by consumers. A group of participants tastes Cola A
Helga [31]

Answer:

C) 2 x 2 mixed factorial

Explanation:

A 2 x 2 mixed factorial design refers to a research study that uses 2 independent variables (can be more, e.g. 3 x 3). One of the variables is a within-subjects factor, in this research the flavor is the within-subjects factor. The other variable is a between-groups factor, the between-groups in this research are the two groups of participants.

6 0
3 years ago
explain why an economy in which airlines charge different passangers different prices for the same flight ticket will not achiev
Anarel [89]

Answer:

Price discrimination is when a producer charges different prices, to different consumers for the same good or service. Therefore, an airline that charges different prices to different passengers for the same flight is practicing a third degree price discrimination because consumers are charged different prices based on their different demand elasticities.

Economic efficiency is when scarce resources are used in the most efficient way to produce maximum output; it consists of productive efficiency and allocative efficiency. For price discrimination to be possible, the firm must have a certain degree of monopoly power; that is, the firm must be a price maker. Monopolies typically fit into this description as they discriminate by charging  consumers with an inelastic demand higher prices; this reults in allocative ineffciency because price is greater than the Marginal Cost (P>MC).

On the other hand price discrimination could increase efficiency; price discrimination aims to convert consumer surplus to producer surplus, thereby increasing the profit of the firm. An increase in profits could be dedicated to investement in research and development; this could see such a firm achieve dynamic efficiency (long-run productive efficiency). Secondly, due to the increased profits and the potential for more profits, output is increased and price moves closer to the MC (Closer to allocative efficiency). In addition, an increase output  would mean that the firm is making use of its spare/idle capacity in production, moving output towards optimum. From another perspective, a firm can reap economies of scale through price discrimination; this is because price discrimination leads to an increase in output and a reduction in average cost.

Explanation:

5 0
3 years ago
What is the relative atomic mass of a hypothetical element that consists of the following isotopes in the indicated natural abun
atroni [7]

Answer:

96.1amu

Explanation:

Given isotopes : 94.9amu with 12.4%, 95.9 amu with 73.6% and 97.9 amu with 14% natural abundances.

Taking the average weight of the isotopes as follows

(94.9x0.124) + (95.9 x 0.736) + (97.9x0.14) = 96.1amu

3 0
3 years ago
Jones Blanket Company sells blankets for​ $25 each. The variable cost of each blanket is​ $10. If fixed cost is​ $4,500,000, the
Nutka1998 [239]

Answer:

given statement is true

Explanation:

given data

sells blankets =​ $25 each

variable cost = $10

fixed cost = $4,500,000

break minus even point =​ 300,000 units

to find out

true/ false

solution

we will check here break minus even point for find true or false

so here

Contribution is express as = sells blankets - variable cost

Contribution = $25 - $10 = $15

so

break minus even point = \frac{fixed \ cost}{Contribution}

put here value

break minus even point = \frac{4500000}{15}

break minus even point = 300,000

so we can say given statement is true

8 0
3 years ago
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