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abruzzese [7]
3 years ago
5

LO 6.2What is the advantage of labeling activities as value added or nonvalue added?

Business
1 answer:
Katena32 [7]3 years ago
8 0

Answer:

Product Labeling

Explanation:

Product labeling serves as a form of education to existing and potential clients. Product labeling activities also helps improve the brand reputation of a product or service. Labeling also helps marketing professional to persuade prospective buyer of products, to make a buying decision.

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Suppose the price of hot wings is $10, the price of beer is $1, and the consumer’s income is $50. In addition, suppose the consu
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a. budget constraint intersects the vertical axis at 25 beers.

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