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Answer:
Increasing the promotional budget for a product in order to increase awareness is not advisable in the short run under which of the following circumstances?
Production capacity is maxed out (200% plant utilization) and the company is stocking out of the product.
Explanation:
Since the production capacity has been exceeded and the company is still running out of stock of the product, there will be no need to increase the promotional budget for the product in order to increase awareness, especially in the short-run. The implication of the scenario is that the demand for the product is far outstripping the supply and there is an apparent scarcity or shortage of the entity's product in the marketplace. Until production the capacity has been expanded, the promotional budget for product awareness can be stopped and saved.
A market is
e. all of the above
Explanation:
A market has the following characteristics,
- It is often a physical place facilitates to market
- exchanges between buyers and sellers typically
- involves monetary transactions
- might not have well-defined geographical limits
- the value, cost and price of items traded are as per supply and demand in a market.
- Physical market is a place where buyers can directly meet the sellers physically and purchase their desired merchandise from them in exchange of money.
- A market is a place where people can go to buy or sell things.
The answer is D because it is not a
Answer:
the correct answer is $2,359.38
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