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gregori [183]
3 years ago
11

The marketing team of Under Armour has come up with a strategy to advertise their shoes as a product that makes walking and runn

ing pleasurable. Marketing the shoes in this manner creates a perceived difference in the minds of customers. This is an example of _______.
Business
1 answer:
slavikrds [6]3 years ago
8 0

Answer:

Differentiation

Explanation:

Differentiation is a marketing strategy in which a company makes a particular product unique and attractive in a way that it stands out or is distinguished from other similar products of other companies that are competitors in the same market. Differentiation gives a competitive advantage to a product against other similar products in a market segment.  

Marketing the shoes in a unique way that creates a perceived difference in the minds of customers is a good example of differentiation in marketing, as this would make the shoe unique and even get a premium price slashed on it that customers don’t mind paying.

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The town of Smallsville is considering building a museum. The interest on the money Smallsville will have to borrow to build the
mestny [16]

Answer: See explanation

Explanation:

a. This has been solved and attached.

Note that the net benefits was calculated as:

= Marginal benefit - $200

b. Looking at the table and information provided in the attachment, we would see that no company offer to build the museum because since their cost of $1000 can't be covered by the revenue generated. The highest revenue gotten for the single price monopolist is $760 and this can't even cover their cost.

c. Based on the scenario given in (c), the highest revenue the price discriminating monopolist would make is $1200 and coupled with the fact that the cost is $1000, the maximum bid that a private company would make to supply the museum to Smallsville is $200 ($1200 - $1000)

7 0
2 years ago
Assume that Jack, Hal, and Sophia enter into a valid contract for the sale of the restaurant and for the covenant not to compete
Salsk061 [2.6K]

Answer: Reformation

Explanation: In simple words, reformation refers to a process in which something is changed in the current subject to set it again on the right path.

In the given case, the judge believes that the time period set for avoiding the competition is unusually long. Thus, they can reform the contract to make it suitable and justified for all the parties involved.

6 0
3 years ago
Here are the comparative income statements of Ivanhoe Corporation. IVANHOE CORPORATION Comparative Income Statement For the Year
AlekseyPX

Answer:

                                      2022         2021         Change     % Change

Net sales                    624,100     523,300      100,800         19.23%

Cost of goods sold    462,100     405,800       56,300         13.87%

Gross profit                162,000       117,500       44,500         37.87%

Operating exp.            72,300       44,300       28,000          63.21%

Net Income                 89,700        73,200        16,500        22.54%

Since we are using the 2021 income statement as base year, any change will be calculated by dividing the total change by the 2021 amount, and then multiply by 100 to get the %.

7 0
3 years ago
The ratio that measures a​ company's success in using its assets to earn income for the persons who finance the business is​ the
Verizon [17]
Your answer is a because I know this from school
7 0
3 years ago
The ability and willingness to sell specific quantities of a good at alternative prices in a given time period, ceteris paribus
Zanzabum
Supply is the answer
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3 years ago
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