Based on the given scenario, we can see that because Cathlene runs a cake shop and wants to achieve her primary goal through the use of smaller goals is known as:
<h3>What is Proximal Goal?</h3>
This refers to the use of smaller goals to try and achieve a short target as they can be achieved in a short time frame.
With this in mind, we can see that the use of smaller goals to produce 400 cakes in December by Cathlene is known as the use of proximal goal because it can be done in a short period of time.
Read more about proximal goal here:
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Answer:
sales promotion
Explanation:
Based on the information provided in regards to the situation at hand it seems that they offered a unique sales promotion. This term refers to when a company tries to persuade potential customers into buying a certain product by offering discounts on that product or other products when making a purchase. Exactly what Algonquin Books is doing by offering a discount on ebooks if you purchase a paperback book.
Answer:
63.54% (Approx)
Explanation:
The computation of the budgeted percentage contribution margin ratio is shown below:-
For computing the contribution margin ratio firstly we need to calculate the contribution margin in dollars
Contribution margin = Sales - Variable cost
= ($480,000 - $175,000)
= $305,000
Contribution margin ratio = Contribution margin ÷ Sales
= ($305,000 ÷ $480,000)
= 63.54% (Approx)
Answer:
Demand for spinach is elastic.
Explanation:
The price floor, which is maintained by the United States, is the minimum price for selling the goods. This price is set above the equilibrium price, which results in excess supply while demand for the same goods remains constant.
Since the prices for spinach cannot be set lower than the price floor and the policy is decreasing the revenue output for spinach farmers then this probably means that the prices are set too high which has decreased the demand for spinach. This means that the demand for spinach is elastic.
I don’t know what are you asking, is this multiple choice. Please explain more
