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mihalych1998 [28]
3 years ago
6

Ashton wants to generate interest in the new branch of his hobby stores that is opening next week. He plans to offer temporary p

rice cuts and issue coupons. This practice is referred to as a. price discrimination. b. price promotion. c. price instability. d. price sensitivity.
Business
1 answer:
faust18 [17]3 years ago
3 0

Answer:

B. Price promotion

Explanation:

Ashton by trying to create awareness in his new branch, he is planning to cut price and offer coupons so as to persuade customers to purchase from him. The practice is known as price promotion.

Price promotion is the combination of two words "price" and "promotion".

Price refers to the amount of money paid by consumers to purchase goods and services.

Promotion on the other hand refers to activities that persuade the consumers to buy a product and communicate the product’s features and benefits.

Combining the two definitions, pro promotion refers to a discount in price which will encourage consumers to purchase a product.

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balandron [24]

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kumpel [21]

Answer:

C

Explanation:

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What is the effect of a 10 percent price increase on quantity demanded if elasticity is infinite?
Julli [10]

Answer:

Demand drops to zero

Explanation:

Infinite elasticity of demand is also called perfect elasticity of demand.

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Graphically it is a horizontal demand curve as represented in the attached

Even a small increase in price will cause demand to fall to zero.

Examples are luxury goods such as high end cars and expensive jewelry.

4 0
3 years ago
The significant event at the conclusion of each phase is called _____. Group of answer choices tasks deliverable milestone seque
PtichkaEL [24]

The significant event at the conclusion of each phase is called a milestone.

  • A milestone in your life is an important occasion. A turning point frequently ushers in a fresh chapter. For instance, your high school graduation was a significant event in your life. A roadside signpost that indicates the distance to a specific point is referred to as a milestone.
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Thus this is the answer.

To learn more about milestone in life, refer:brainly.com/question/25605883

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7 0
2 years ago
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ehidna [41]

Answer:

An advertising agency.

Explanation:

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