Answer:
the decrease in price increase the demand.
Explanation:
Steve is a consumer of goods, his demand will increase if the price drops. In this case, the hamburgers price decrease so it demand increases too.
This makes his consumer surplus increase as well, as he was willing to pay up to $2 per hamburger, receiving 2 at 1 dollar genrate an additional consumer surplus for $2 dollars
Answer:
Reach
Explanation:
Marketing reach is a metric used by sellers to estimate the portion of the target market that have been exposed to their adverts.
This is an important metric that shows how effective marketing efforts are, it also indicates wether more effort should be put into advertising to increase the reach.
Reach is calculated by dividing impressions by frequency.
Impression is the total number of times an advert is displayed while frequency is the number of times it is viewed.
Answer: VARIABLE-RATE OR “PAY-AS-YOU-THROW”
Explanation:
The given scenario is referred to as product bundle pricing.
Option E
<u>Explanation:
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Product bundles consist of various individual products or services sold as a merged package to consumers. For particular, brand bundles consisting of complementary products or, less often, similar products are considered "package deals."
When retailers sell multiples of exactly the same items, it is usually called "a multipack," not a package of items.
For example, a stationary meal in a restaurant or a beach package that contains sunscreen, sand-sheets, towels, and flip-flops as just a product that can be purchased.
Many stores only market many stock products in a consumer package rather than as single or packaged pieces. The package generally costs less for retailers selling identical items separately and as part of a consumer bundle than if a buyer bought the items separately.
