Answer:
Put extra time and resources into community and environmental projects in order to improve their public relations
Explanation:
APEX Verified
Answer:
Place
Explanation:
The four Ps of the marketing mix are:
- price: Thad has already carried out a comparative price analysis
- place: ?????
- promotion: Thad already started developing a marketing strategy.
- product: Thad has already research his competitors' products and market trends. He also worked together with the product manager to add more color options.
They are used to measure productivity
Answer:
A. Disagree
B. Disagree
C. Disagree
Explanation:
Elasticity of demand measures the responsiveness of quantity demanded to changes in price.
Demand is elastic if a small change in price leads to a greater change in quantity demanded. The absolute value of elastic demand is usually greater than 1.
Demand is inelastic if a small change in price has little or no effect on the quantity demanded. The absolute value of inelastic demand is usually less than 1.
Demand is unitary, if a change in price has the same proportional effect on quantity demanded. The absolute value of unitary elasticity of demand is equal to 1.
The absolute value of elasticity for cocaine is 0.2 which indicates that it has an inelastic demand, if price increases, there would be no change in the quantity demanded. Amount spent on cociaine would increase and producers revenue would rise.
The absolute value of elasticity for Christmas three is 1.3 which indicates that it has an elastic demand. If price falls, the quantity demanded would rise and revenue earned by sellers would rise as a result.
When elasticity of demand is unitary, an increase in price leads to the same proportional increase in revenue.
I hope my answer helps you
