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Softa [21]
3 years ago
7

The sneaker company that you work for had a great marketing campaign and has increased sales for the original running shoe that

was designed in 1993. This was exciting for the marketing team because they did not make any modifications or improvements to the sneaker since 1993. What is this an example of?
(1 point)
• market penetration
• market growth
• market development
• market diversification
Business
1 answer:
Arisa [49]3 years ago
7 0
The right answer for the question that is being asked and shown above is that: "• market development."  Market development comes in when taking existing products or services and selling them in new markets.

Existing product = running shoe designed in 1993.
<span>New Market = present year.</span>
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Assume the small-country model is applicable. If the world price of the product is $6 and an import quota of 400 units is impose
algol13

Answer:

Equilibrium price = $6

Total quantity in the market would be > 400 units ( unchanged )

Explanation:

Applying small=country model

world price of product = $6

import quota = 400 units

The Equilibrium price in Marketopia would be $6 and the total quantity available in Marketopia would > 400 units

This is because in a small country assumption model, the total imports made by any country is insignificant to the Total quantity of the products available in the market therefore it has no effect on the price of the products even if when the imports are stopped by the country  

6 0
3 years ago
A marketing channel is defined as a group of individuals and organizations that
lisabon 2012 [21]

Correct/complete Question:

A marketing channel is defined as a group of individuals and organizations that

a. consumes about one-half of every dollar spent on products in the United States.

b. directs the flow of products from producers to customers.

c. links producers to other marketing intermediaries.

d. manages transportation and warehousing functions.

e. takes title to products and resells them.

Answer:

B, directs the flow of products from producers to customers.

Explanation:

A marketing channel refers to the persons and activities that are involved in the movement or transfer of goods from the manufacturer to the consumer within the supply chain.

It can also be said to a network of distributing good and services

I hope this helps.

3 0
3 years ago
Who founded crypto currency in the world​
ohaa [14]

Answer:

☁︎Satoshi Nakamoto's☁︎

Explanation:

Two months later, a paper entitled 'Bitcoin: A Peer-to-Peer Electronic Cash System' was passed around a cryptography mailing list. The paper is the first instance of the mysterious figure, Satoshi Nakamoto's appearance on the web, and permanently links the name "Satoshi Nakamoto" to the cryptocurrency.

7 0
3 years ago
Free-market capitalism is characterized by
noname [10]
Had to look for the options and here is my answer:
When we say Free-Market capitalism, this means that this kind of market system has their own individual decisions and are not controlled by the government. Therefore, the one that fits the blank above is this answer: <span>the right to freedom of competition. Hope this helps.</span>
5 0
4 years ago
Difference between relevant information and additional information​
dybincka [34]

Answer: Relevant information is information that is important or needed in order to understand the topic in a given passage. Additional information is information that is not needed or unnecessary in the paragraph (it is extra information).

Explanation:

7 0
3 years ago
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