Answer: Differentiating
Explanation:
Sprout company as described in the question are making use of product differentiation to ensure parents and children consumption needs are met. Product differentiation in marketing occurs when a company distinguishes their products to meet the needs of the different types of consumer groups available in their target market.
Answer:
A decrease in demand leads to a decrease in supply.
A decrease in price leads to a decrease in supply.
An increase in price leads to an increase in supply.
Explanation:
Supply refers to the volume of a product that sellers are willing to sell in the market at a given price. As per the law of supply, a higher price motivates sellers to avail more products in the markets. Sellers or suppliers are businesses and are motivated by higher profits. When prices are high, the profit margin will be high, which is an incentive for increased supply. Lower prices have lower margins, which is a risk to a business. Low prices result in reduced prices.
Supply is influenced by demand. If supply does not match demand, there will be either a shortage or excess supply in the market. When demand is low, sellers will reduce supply to avoid losses associated with excess supply .
Answer:
8,000 m²
Explanation:
you must first change the size of your lot from acres to square miles = 2.2 acres / 640 acres per square miles = 0.0034375 square miles
now we can convert to square kilometers = 0.0034375 miles x 2.56 square kilometers per square miles 0.0055 square kilometers
there are 1,000,000 m²´per km², so you have 0.0088 km² x 1,000,000 = 8,800 m²
Answer:
The total supply can be found by adding individual supply functions as follows:
Qa+Qb = Q
Q = -2+p+0.5p
Q= -2+1.5p where p = $44 therefore;
Q= -2+1.5(44)
Q= 64
Total supply at p = $15
Q= -2+15(1.5)
Q= 20.5
