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2 years ago

A firm must know where to position its product based on price and ________. promotional efforts communication quality region

1 answer:

7 0

A firm must know where to position its product based on price and region quality in order to communicate promotional effects. Therefore, your final answer to this question is promotional effects.

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Matt's retail store offers all products at $2 less than its competitors. The store never runs promotional campaigns or offers sp

olya-2409 [2.1K]

Answer:

5) everyday low

Explanation:

An everyday low pricing policy (or strategy) refers to simply selling your products at a cheaper price than your competitors.

For example, bargain stores usually sell their products at a lower cost than the competition, Walmart, Target and Kmart are supposed to be bargain or discount stores. Another common type of retail store that uses this pricing strategy are outlet stores, specially clothing outlet stores.

8 0

3 years ago

In order to encourage employee ownership of the company’s $1 par common shares, Washington Distribution permits any of its emplo

Shtirlitz [24]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

6 0

3 years ago

How are you guys today?

lianna [129]

Answer:

alright... i guess

Explanation:

(:(

3 0

2 years ago

Comparing perfect first degree price discrimination to perfect competition one can conclude that: (i) Total social surplus is th

marta [7]

Answer:

C. Both (i) and (ii) are true

Explanation:

Under perfect price discrimination, consumer surplus doesn't exist since the supplier is selling the good or service at the maximum price that each consumer is willing to pay. This situation maximizes supplier surplus.

Under perfect competition, both supplier and consumer surplus exist.

Since total social surplus = supplier surplus + consumer surplus, total surplus should be the same in both situations.

5 0

2 years ago

Suppose that when the price of a certain commodity is p dollars per unit, then x hundred units will be purchased by consumers, w

Nataly_w [17]

Answer:

$Profit = TR- TC
= x (P) - C(x)
= x(-0.05x+38) - (0.02x^{2} + 3x + 574.77)
= -0.05x^{2} + 38x - 0.02x^{2} - 3x - 574.77
= -0.07x^{2} + 35x -574.77$

This profit equation is an equation of a parabola that opens downward (Since A=-0.07<0) and has its vertex at

$x= -\frac{B}{2A} = -\frac{35}{2 (-0.07)} = 250$

Thus, revenue is maximized when x=250 hundred units. At this quantity maximum profit is

P(250)=3800.23 hundred dollars

b. Profits are maximised at x=250 hundred units. The per unit price at this is,

$p= -0.05x + 38
= -0.05 (250) + 38
= $25.5$

7 0

2 years ago