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trapecia [35]
3 years ago
9

The new-product process stage of market testing involves which two of the following? Exposing actual products to prospective con

sumers Launching full-scale production for the product Ensuring the product meets the standards established by the protocol Using realistic purchase conditions to see if consumers will buy
Business
1 answer:
drek231 [11]3 years ago
7 0

Answer:

Using realistic purchase conditions to see if consumers will buy

Exposing actual products to prospective consumers

Explanation:

Market testing is a scenario in which the company may test different market scenarios in order to check which market situation is going to be the best for the new product.

Marketing testing also involves processes such as exposing actual products to prospective consumers and  using realistic purchase conditions to see if consumers will buy in order to collect data of how the product will react in the real time market and consumers and prepare it accordingly.

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The demand curve facing a monopolistic competitive firm will be __________ than the demand curve facing a perfectly competitive
Bad White [126]

Answer:

Downward sloping; more elastic

Explanation:

Demand curve is a curve that shows the relationship between price and quantity demanded.

The demand curve of a monopolistic competitor is DOWNWARD-SLOPING.

A monopolistic competitive firm can either raise price and lose few customers or reduce price and gain some more customers.

A monopolistic competitive firm

has a more ELASTIC demand.

Elasticity of demand is the degree of responsiveness of demand to a change in price, income and price of other commodities.

Perfectly Competitive market have the following characteristics;

1) Prices are determined by the forces of demand and supply.

2) They are price takers because a single firm can't control the market.

3) Easy entry and exit.

4) Many buyers and many sellers.

5) Identical product are sold

Monopolistic Competitive market have the following characteristics;

1) There are many buyers and many sellers.

2) Firms have market control.

3) Free entry.

4) Close substitute goods are sold.

4 0
3 years ago
# 8 & # 9 please .. I appreciate it
KatRina [158]
#8 is C. Unfortunately I do not know #9.
6 0
3 years ago
just paid its annual dividend of $1.15 per share. The required return is 12.3 percent and the dividend growth rate is 0.75 perce
IceJOKER [234]

Answer:

P5 = 10.41

Explanation:

To calculate the stock value with dividends for the fifth year the following formula would be used:

P5 = \frac{Div_{0}  * (1 + g)^{6} }{(r-g)}

  • Where:
  1. Div_{0} = The first Dividend Paid.
  2. G = Growth Rate.
  3. R = Required Return.
  • Given Data:

Div_{0} = $1.15

Growth Rate = 12.3%

R = 0.75%

P5 = ?

  • Substituting the values in the formula

P5 = \frac{1.15 * (1 + .0075)^{6} }{(12.3-.0075)} = 10.41

7 0
3 years ago
How is productivity affected when employees multitask? productivity drops by up to 85 percent. productivity increases by up to 4
Marizza181 [45]

Answer:

d) Productivity drops by up to 40 percent.

Explanation:

Multitasking is ineffective task shifting is said to be more effecteve

4 0
3 years ago
The following information was available for the year ended December 31, 2016: Net sales $ 857,750 Cost of goods sold 609,550 Ave
mario62 [17]

Answer:Inventory turnover = 3.50 Times

Number of days sales in inventory= 94.5 Days

Accounts Receivable Turnover = 21.5 Times

Number of days sales in accounts receivable =12.5 days

Explanation:

a) Inventory turnover  = Cost of goods sold / Average inventory

$609,550 / $174,000 = 3.50 Times

b)Number of days sales in inventory = inventory at year end / Cost of goods sold x 365

$157,800 / $609,550  x 365 = 94.49≈94.5 Days

.

c)Accounts Receivable Turnover  = Net sales / Average accounts Receivable  for the year

$857,750/$39,900 = 21.49≈ 21.5 Times

d)Number of days sales in accounts receivable = end of year Accounts Receivable / Net credit sales x 365

$29,400 / $857,750  x  365 = 12.51 ≈ 12.5 days

8 0
3 years ago
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