Answer:
I will not give answer hahahaha
Answer:
Demand for good x could be higher in year 2 than year 1
Income may have been higher in year 2 than year 1
Explanation:
In the given scenario there was an average price of product as $10. To calculate average cost it is total sales revenue divided by number of units sold.
In year 2 the average price is $23. This means that for each unit sold in year 2 the price was $23 an increase of $13 from year 1.
For this to have happened first there could have been higher income of the consumer in year 2 and they will have more to spend on the product at a higher price.
There will also need to be an increase in the demand for the good this will increase units sold and also price will go up.
Explanation:
The goods refer to the items, products, of the company which the company sells to the customer so that the company could able to maximize its revenues and generated a maximum profit in a year
The goods can be depended upon the nature of the business
Suppose we take an example of accessories used in a mobile-like - data cable, earphone, headphone, earbuds, back cover, etc
The other examples are Food, clothing, traveler bags, furniture, etc.
The name which is given to the situation where a <em>product is advertised for sale</em> at a greatly reduced price, but the salesperson <em>tries to get customers </em>to buy a more expensive item instead is called:
According to the given question, we are asked to state the name which is given to the situation where a <em>product is advertised for sale</em> at a greatly reduced price, but the salesperson <em>tries to get customers </em>to buy a more expensive item instead.
As a result of this, we can see that upselling is a phenomenon where the salesperson tries to get the customer to purchase a more expensive item, <em>instead of the product </em>which was advertised at a greatly reduced price.
Read more about upselling here:
brainly.com/question/7067313