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Nookie1986 [14]
3 years ago
6

In the introduction stage of the product life cycle, marketing efforts are primarily focused on:

Business
1 answer:
fiasKO [112]3 years ago
6 0

<u>Answer:</u> building customer awareness of the product.

<u>Explanation:</u>

Introduction is the first stage in the product life cycle where the company focuses on creating customer awareness of the product. In this stage only a few customers will know about the product. Through better marketing campaign companies try to increase the customer awareness.

Only after creating brand awareness and publicity for the product the company can concentrate on other aspects such as pricing, distribution, additional features etc. The main aim of the companies is to gain the market share.

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Suppose the Alaskan king crab harvest is unregulated and any person with a crab boat and some diesel fuel can go offshore, lower
rosijanka [135]

Answer: A. Alaska auctions a limited number of licenses to harvest king crab.

Explanation:

The options include:

A. Alaska auctions a limited number of licenses to harvest king crab.

B. The U.S. and Canadian governments remove trade barriers, which allows for more trade of products like king crab.

C. Alaska removes taxes on diesel fuel, which lowers the price of diesel.

D. Alaska subsidizes the purchase of crab boats.

The socially optimal level of output will be achieved when there's allocative efficiency. It is the level whereby market failure is curtailed.

The policy choice that might produce the socially optimal king crab harvest is for Alaska to auction a limited number of licenses to harvest king crab.

This will help in the reduction at which the resource is overused as there'll be regulation and reduction in the number of person that can harvest king crab.

4 0
2 years ago
All of the following are advantages of having a savings account except
expeople1 [14]

Answer:

Funds held in a savings account are highly liquid

Explanation:

The purpose of a savings account is the assist a customer achieve their saving objectives. A savings account is a secure way of accumulating funds for an intended purpose or keeping money that does not have immediate use.  

Financial institutions that offer savings account limit on withdrawals to help a customer achieve planned saving objective. It means money saved is not accessible at will. Penalties apply should a customer insists on more than the acceptable number of withdrawals.

5 0
2 years ago
After graduating with his MBA and returning from his trip to find no shoes from
lukranit [14]

Answer:

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4 0
3 years ago
The Marshall Company has a process cost system. All materials are added when the process is first begun. At the beginning of Sep
Mademuasel [1]

Answer:

c) 48,000 units

Explanation:

The question is to compute the equivalent units of materials in September for Marshall Company

It is computed as follows:

1) Beginning Equivalent Unit

At the beginning, Units = 0, Percent completed = 0 and Equivalent unit= $0

Equivalent Units  Started ad Completed

2) Started Units= 50,000 units

Units still in process at the end of September = 5000 units

Started and Completed = 50,000 - 5,000 = 45,000

Since the Units completed is 45,000, it means 100% completed equivalent unit is 45,000

3) Closing Equivalent Units

In process = 5,000 units and percent completed is 3/5

Equivalent unit is 3/5 x 5000 = 3000 units

Finally, total equivalent units  for conversion costs in September

= 0 + 45,000 + 3,000

=48,000 units

4 0
3 years ago
In a perfectly competitive market in the long run, after all adjustments have occurred, an increase in demand causes equilibrium
Gemiola [76]
Spike before falling to the equilibrium level
4 0
3 years ago
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