The statement "Place is what a customer must give up in order to receive the benefits" is: False.
<h3>What is Marketing mix?</h3>
Marketing mix is a marketing strategy and can be defined as those instrument that a company or an organization make use of so as to acheive their marketing aims and objective.
The statement is False because customers have to give up price so as to make it possible for them receive the benefits offered by the rest of a firm's marketing mix.
Therefore the statement is false.
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Explanation:
<u>advantages</u>
.Human beings need money to pay for all the things that make your life possible, such as shelter, food, healthcare bills, and a good education.
Money gives you the power to pursue your dreams.
Money gives you freedom.
Money gives you security.
<u>disadvantages</u>
•Money can lead to disagreements.
•obsession with money, or a love of money, can create a host of problems.
Answer:
C. The Fed intends to reduce inflation, which occurs if real GDP is greater than potential GDP
Answer:
Disposable Income
Explanation:
dis·pos·a·ble in·come
/dəˈspōzəbəl ˈinˌkəm,dəˈspōzəbəl ˈiNGˌkəm/
Learn to pronounce
noun
income remaining after deduction of taxes and other mandatory charges, available to be spent or saved as one wishes.
"the rents of tenants in work reached 21 percent of disposable income"
Answer:
1a.
Magic Realm, Inc.,
Contribution format income statement
Per Unit Amount
Sales 62 2,207,200
Variable expenses 42 (1,495,200)
Contribution margin 20 712,000
Fixed expenses (623,000)
Net operating profit 89,000
1b.
Degree of operating leverage: 4
2. The expected percentage increase in net operating income for next year: 184%
Explanation:
1a. Please refer to the answer part
1b. Degree of operating leverage = Contribution margin / net operating profit = 712,000/89,000 = 8.
2.
Expected percentage increase in net operating income for next year = Expected percentage increase in sales next year x operating leverage = 23% x 8 = 184%
