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hichkok12 [17]
3 years ago
13

Mitch runs an e-commerce business. He has engaged in social networking sites and blogs as part of a promotional campaign to attr

act consumers to a new product line. What should Mitch do next?
A. Evaluate the campaign's efectiveness.
B. Create a new company logo.
C. Revise his existing company slogan.
D. Hire a creative process team.
Business
1 answer:
Kisachek [45]3 years ago
4 0
<span>A. Evaluate the campaign's effectiveness

Mitch should know whether his campaign is working towards the goal of attracting consumers to whatever product line he is advertising. He should evaluate the results yielded by his campaign and decide if it is worth pursuing or not. </span>
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You need to know how many hours it took these workers to make the rugs to determine the labor cost.

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Explain how firms decide how much labor to hire to produce a certain level of output
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What is a misdemeanor?
nasty-shy [4]

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D

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In an economy, the government wants to increase aggregate demand by $50 billion at each price level to increase real GDP and red
Tems11 [23]

Answer:

(B) $20 billion

Explanation:

Given a certain level of MPC, an increase in government spending (G) by a certain amount translates to an increase in aggregate demand (AD) through the relationship below.

ΔAD = \frac{ΔG}{1 - MPC}

where Δ means <em>change.</em>

<em />

Therefore, given ΔAD of $50 billion, and MPC of 0.6,

ΔAD = \frac{ΔG}{1 - MPC}

= 50 = \frac{ΔG}{1 - 0.6}

= 50 = \frac{ΔG}{0.4}

= ΔG = 50 * 0.4 = 20

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3 0
3 years ago
Beranek Corp has $695,000 of assets (which equal total invested capital), and it uses no debt - it is financed only with common
lesya692 [45]

Answer:

$278,000

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3 0
3 years ago
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