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geniusboy [140]
3 years ago
10

Patrick has chosen to double major in finance and microbiology and studies 14 hours a day as a result. To make it through his st

udies, Patrick relies on GreenCow energy drinks. Consider the chart of his 6- MB 5- marginal costs (MC) and marginal benefits (MB) from consuming GreenCow. 4 What is the optimal quantity of GreenCow drinks for Patrick? What occurs if Patrick consumes more than the optimal quantity? A) Patrick will switch to another brand that sells a stronger energy drink. B) Patrick will begin to buy in bulk so that he can get a better deal on cases of GreenCow. C) Patrick will no longer be able to afford to buy GreenCow. D) The extra energy benefits Patrick gets from another can are no longer worth the cost. MB/MC (S)
Business
1 answer:
Varvara68 [4.7K]3 years ago
4 0

Answer:

D) The extra energy benefits Patrick gets from another can are no longer worth the cost. MB/MC (S)

Explanation:

The optimal quantity for Patrick to consume is 5 cans of GreenCow.

This is the quantity where MARGINAL BENEFIT EQUALS MARGINAL COST. For all quantities up to the 5th, the marginal benefit is higher than the marginal cost. This means that Patrick's net benefit is increasing, and consuming all units up to this point make him better off.

If Patrick were to consume any more than 5 cans of GreenCow, the cost of each additional can would be higher than the additional benefit (because the marginal cost curve is higher than the marginal benefit curve). Consuming any cans beyond the 5th, therefore, makes him worse off.

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alex41 [277]

Answer:

The marketing mix refers to the actions a company takes to market its product(s) and/or service(s). Typically, it acts as a framework for breaking down the four key components of marketing — product, price, place, and promotion.

Explanation:

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2 years ago
What will you need to change to make the message appropriate for both a subordinate and other subordinates? Make the message eve
bezimeni [28]

Answer: The correct answer is "Focus on congratulating the team using each individual’s name and use a more formal tone.".

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2 years ago
A _____ strategy is a way of obtaining customers by making decisions that allow an organization to produce goods or services mor
Rashid [163]
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4 0
2 years ago
Woodruff Inc. offers you a project that will pay you $17,000/year. If the cost of this project is $100,000, and the discount rat
otez555 [7]

Answer:

The length of time = 12 years

Explanation:

<em>The number of years the case would be determines the length time it takes the present value of  annuity of 17,000 to equate the initial cost </em>

Initial cost = A× (1- (1+r)^(-n)/r =

A- 17,000, r- 13%, n - ?

So we will need to work out the value of " n"

100,000 = 17,000 × 1- 1.13^(-n)/0.133

100,000/17,000 =1- 1.13^(-n)/0.13

5.88235 ×0.13 = 1- 1.13^(-n)

n = 12

The number of years is approximately 12 years

The length of time = 12 years

3 0
3 years ago
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fredd [130]

Answer:

D. focus on adding unique features to her product that customers will value.

Explanation:

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The focus of competition in a differentiation strategy tends to be on unique product features, service, and new product launches, or on marketing and promotion rather than price. A differentiator would focus research and development on product features or packaging in order to add uniqueness.

Hence, Nendry should focus on adding unique features to her product that customers will value.

6 0
3 years ago
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