If supply equals demand the price will stay the same
Hope this helped
Gene’s title is <u>b. </u><u>market</u><u> manager</u> .
A Marketing manager is chargeable for constructing and retaining a sturdy and regular emblem via a huge variety of online and offline advertising channels. The song examines the overall performance of advertising campaigns, controls the advertising, and makes certain that all advertising is consistent with brand identification.
Marketing Managers are chargeable for developing, implementing, and executing strategic advertising plans for a whole corporation (or lines of business and brands inside an employer) with the purpose to attract potential customers and keep existing ones.
Advertising managers normally want at least a bachelor's diploma. a few employers do not require precise training, however many pick an advertising or commercial enterprise diploma. era training and expertise in design and media manufacturing can also help candidates stand out. Managers normally need advertising and marketing revel in.
Learn more about the market manager here: brainly.com/question/24553900
#SPJ4
Keep the product:
Sales $500,000Variable Expenses 340,000
---------------------------------------
Contribution Margin 160,000
Fixed Manufacturing 220,000
Net operating income (60,000)
Drop the product:
Sales $0
Variable Expenses 0
----------------------------
Contribution Margin 0
Fixed Manufacturing 180,000
Net operating income (180,000)
Difference of keep and drop the product would be:Sales ($500,000)
Variable Expenses 340,000
-----------------------------------------
Contribution Margin (160,000)
Fixed Manufacturing 40,000
Net operating income (20,000)
Therefore, net operating income would decrease by $20,000 if Product A were dropped.
Answer:
Yes the scenario describes a competitive market
Explanation:
There are 3 factors of a competitive market that stands out in the given scenario which are:
1. Many Buyers and Sellers: In the given scenario it mentions clearly that ''There are hundreds of colleges that serve millions of students each year''. Hence it is very clear that the buyers which are (in this scenario) the students, and the sellers who are the (in this scenario) the colleges; are many.
2. Perfect Information: A competitive market is characterized by the availability of information about the products in offer. In the given scenario, it suggests clearly that the availability of information ''allows students with diverse preferences to find schools that match their needs''. This could not have been possible if the students did not have perfect information about the colleges.
3. Identical products: Another feature of a competitive market is the availability of identical products. In the given scenario, it states clearly that ''The colleges vary by location, size, and educational quality''. Other than these features the colleges are offering basically the same product which is education.
Answer:
Subsystems
Explanation:
The elements of a system form a whole and can be concepts, objects or subjects; these elements can be living, non-living or both simultaneously, as well as ideas, be they from the field of ordinary, scientific, technical or humanistic knowledge. Ideas cannot be conceived as loose or independent of context or
system in which they are inserted. The interaction between the elements and their organization is what makes the system work.
The systemic approach "admits the need to study the components of a system, but does not limit itself to this. It recognizes that systems possess characteristics that their parts lack, but it aims to understand these systemic properties in terms of the parts of the system and their interactions, as well as in terms of circumstances
environmental. In other words, the systemic approach invites us to study the composition, the environment and the structure of the systems of interest
Every system is or can be part of a larger system that we can call supersystem, metasystem, etc. (that is, or may be, a subsystem) or be composed of subsystems, these are nothing more than smaller systems, which at their time may be composed of even smaller ones, and so we could go on until to reach the most elementary components of everything in the universe. The concept system is valid from a cell to the universe considered as a systems.