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uysha [10]
4 years ago
9

Why do Marketers use perceptual maps as a means to display or graph in two dimensions the location of products or brands?

Business
1 answer:
malfutka [58]4 years ago
4 0

Answer:

Explanation:

The main reason for this is to try and position their brand or product in the best way possible within the market. Perceptual maps allow marketers to see how individuals are perceiving the competitive brands as well as their own brands, the markets use this information to determine which position will best benefit their brand in the market and hopefully beat the competition.

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gtnhenbr [62]
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3 years ago
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Ed is taking off from work for 4 hrs. the afternoon and going to a baseball game. The ticket to the game cost $25 and it costs $
adell [148]

Answer:

The correct answer is option c.

Explanation:

The opportunity cost of a decision is the cost of sacrificing the second-best alternative. It is the indirect or implicit cost involved in a process.

The ticket to the game costs $25 and it costs $15 to park at the stadium.

Ed earns $15 an hour at this job.

He is taking off from work for 4 hrs. the afternoon and going to a baseball game.

The opportunity cost of going to the game will be equal to the wage he could have earned if he went to work instead of the game.

The opportunity cost

= \$ 15\ \times\ 4

= $60

5 0
4 years ago
Harriet operates a coffee shop. One of her customers wants to buy two kinds of​ beans: Arabian Mocha and Colombian Decaf. If she
melomori [17]

Answer:

it will purchase

96 dollars of Arabian Mocha

and 48 dollars of Colombian Decaf

Explanation:

we build the equation system:

144 = x  + y \\ x = 2y

we replace the second expression on the first and solve for y

144 = (2y) + y

144 = 2y + 1y

144= 3y

144/3 = y

48 = y

now we solve for x

x= 2y

x= 2 times 48 = 96

6 0
4 years ago
According to F.A. Hayek, what is the fundamental economic problem facing society?
jenyasd209 [6]

Answer:

According to F.A. Hayek, the fundamental problem facing every society is how to use limited resources in the most optimal way possible.

Explanation:

To Hayek, this problem could not be fully solved by any society, but the best a society could do is to rely on the price system, only possible under a free market, to signal which uses were more optimal than others.

This is also the reason why F.A. Hayek, along with fellow Austrian economists Ludwing Von Mises, believe that socialism could not work: socialism, according to Hayek and Mises, destroyes the price system, and without it, society has no rational way to allocate resources in an optimal way.

8 0
3 years ago
Why is it important to understand which insurance network you are in
spin [16.1K]

Answer:

Because different insurance networks provide seperate benefits. For example a health insurance provider would give you injury-related insurances etc.

8 0
3 years ago
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