The marketing mix factor that represents the value of the product to a customer is price.
<h3>What is marketing mix?</h3>
Marketing mix simply means the elements that are involved in the marketing of a good. They're product, price, place, and promotion.
In this case, the marketing mix illustrated is price since it deals with the value of the product.
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Answer:
n= 65.27 years
Explanation:
Giving the following information:
Present value (PV)= $2,000
Future value (FV)= $4,500
Interes rate (i)= 1.25% annual compounding
<u>To calculate the number of years required to reach the objective, we need to use the following formula:</u>
n= ln(FV/PV) / ln(1+i)
n= ln(4,500 / 2,000) / ln(1.0125)
n= 65.27 years
Answer:
MR = 10 – 1q1.
Explanation:
Demand function, P = 20 – 0.5Q
Q = q1 + q2
Now insert Q in the P = 20 – 0.5Q.
P = 20 – 0.5 (q1 + q2)
We have the value of q2 = 20.
P = 20 – 0.5 (q1 + q2)
P = 20 – 0.5 (q1 + 20)
P = 20 – 0.5q1 – 10
P = 10 – 0.5q1
Total revenue of firm 1, TR = Pq1
TR = 10q1 – (0.5q1)^2
Now MR is the differentiation of TR. So the MR after differentiation if TR of firm 1 is:
MR = 10 – 1q1
Answer:
Emerson elaborates what is know as rough love
Explanation:
Sometimes to bring out the best in a person it is necessary to do things against his or her will, this happens a lot in cases where the parent educates the child or a close family member or friend worries for the welfare of the loved one, and is determined to taking action to change the situation and that includes applying discipline; or for example, hiding drinks from an alcoholic's son or even punishing a children for misbehave.
Emerson elaborates this in a succinct and not too apparent way, emphasizing the need for relationship with discipline.
Answer:
Olympia Autos Inc. and Vaca Autos Inc.
This merger scenario illustrates the power of synergy.
Explanation:
Synergy is achieved with Olympia Autos Inc that has technological competencies, merging with Vaca Autos' marketing capacities. This enable the two entities to achieve more as one than they could have achieved individually. By capturing a larger market share, the two entities have shown that the combination of resources in pursuit of some common objectives is more beneficial than separate efforts.
