Answer:
Marginal Benefit = 7,6,5,4,3,2,1 .
Optimal Equilibrium = 4 units of consumption
Explanation:
Marginal Benefit is addition to total benefit when an additional unit is consumed.
Marginal Benefit = Total Benefit @ n - Total Benefit @ n-1
MB = 15-8 = 7
21- 15 = 6
26 - 21 = 5
30 - 26 = 4
33 - 30 = 3
35 - 33 = 2
36 - 35 = 1
Optimal Equilibium is where Marginal Benefit = Price . Such because : before that - MB > Price , increasing consumption is better for consumer. MB< Price , decreasing consumption is better for consumer.
In this case : Price i.e $4 = MB 4 at 4th gallon . So , this is optimal equilibrium.
Michael dell warned companies to be careful about the way they interpret data from the<u> "sales-information system".</u>
The sales information makes minimized and extensive data accessible, both to the administration and the business representatives.
This information on various rundown levels empowers the acknowledgment of changes in the market forms. They frame the reason for untimely and orderly key and agent choices. The client can discharge the data with a less consumption. All things considered, the data framework has the adaptability essential, to meet individual prerequisites in various deals and marketing organizations.
1. To encourage the sales force to engage in more cross-selling:
- Give salespeople <u>more attractive and rewarding </u><u>incentives</u>.
- Offer loyalty perks to customers.
- Identify the specific products for cross-selling.
2. We can conclude that the current FAM trip program serves as a motivational tool for the sales force because a Familiarization trip gives the salespeople firsthand experience.
3. For the sales incentives and sales controls to achieve the objectives of the International Travel Agency, they must:
- Be easy to operate and maintain
- User-friendly for the sales and finance teams
- Provide reasonable ROI measurement tools.
<h3>What is cross-selling?</h3>
Cross-selling is the marketing practice that encourages salespeople to market additional or related products or services to existing customers who are currently making some purchases.
Some of the advantages of cross-selling include:
- Boosting sales revenue
- Increasing customer satisfaction
- Building customer engagement
- Creating solid and lasting customer relationships.
Thus, to encourage the sales force to engage in more cross-selling, offer:
- Salespeople - more incentives
- Customers - loyalty perk
- Ensure the customers are not confused.
Learn more about cross-selling at brainly.com/question/4978438
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Answer:
Explanation:
Assume: The Federal Alternative Minimum Tax rate of 20%
G.R EDWIN INC $
Sales 6, 020, 000.00
Less:
Cost of goods sold 3, 060,000.00
Gross profit 2,960,000.00
Less:
Operating Expenses 2,650,000.00
Profit 310,000.00
Less: Int Expense 27,000.00
Net Profit 283,000.00
Tax liability assuming tax rate of 20%
= 283,000 * 20%
=$56,600