1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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>
You might be interested in
If a CobbDouglas production function has alpha​ = 0.34 and beta​ = 0.42, then a​ 1% increase in inputs results in a​ ________ ch
vampirchik [111]

Answer:

0.76%

Explanation:

Firstly we write out the production function to be

Y = K^0.34L^0.42.

So if we have inputs that are increased by 1%, we will now have a new production function which is

Y = (K + 0.01 of K)^0.34 (L + 0.01 of L)^0.42

We write this in terms of growth rate

The Growth rate of Y = 0.34 x the growth rate of K + 0.42 x the growth rate of L

This gives us the Growth rate of Y = 0.34 x 1% + 0.42 x 1%

= 0.34+0.42

= 0.76%

6 0
3 years ago
On January 2, Boulder Co. assigned its patent to Castle Co. for royalties of 10% of patent-related sales. The assignment is for
Tema [17]

Answer:

$30,000

Explanation:

The computation of the royalty revenue reported is shown below:

= Patent-related sales for the year ×  given percentage

= $300,000 × 10%

= $30,000

The revenue is recognized when it is earned or realized so only $30,000 is to be reported as the royalty revenue

The remaining amount i.e $20,000 would be treated as an unearned royalty revenue

6 0
3 years ago
One of the major influences on building partnering relationships in personal selling is​ _______, composed of personal standards
zalisa [80]

Answer: The correct answer is "Character".

Explanation: The character is the set of traits, qualities or circumstances that indicate the nature of a thing or the way of thinking and acting of a person, and by which it is distinguished from others.

So, one of the major influences on building partnering relationships in personal selling is​ <u>character,</u> composed of personal standards resulting in decisions made about​ what's right and wrong.

7 0
3 years ago
The demand curve of a monopolist is: A. downward sloping and above the marginal revenue curve. B. kinked because of recognized i
Nataly [62]

Answer:

A. downward sloping and above the marginal revenue curve. 

Explanation:

A monopoly is when there's only one firm operating in an industry. A monopoly usually sets the market price for goods and services. A monopoly faces a downward sloping demand curve because as price increases, the quantity demanded falls.

I hope my answer helps you

7 0
3 years ago
Read 2 more answers
ABC Company issues a 3-year bond with a $1,000 Face Value and a 5% Coupon Rate, with coupons paid once a year at the end of ever
AlekseyPX

Answer:

yield to maturity = 9.78%

Explanation:

yield to maturity = {coupon + [(face value - market value) / n]} / [(face value + market value) / n]]

YTM =  {$50 + [($1,000 - $913) / 2]} / [(($1,000 + $913) / 2]] = $93.50 / $956.50 = 0.09775 = 9.78%

The yield to maturity represents the total rate of return that an investor should receive if he/she holds a bond until it matures.

3 0
3 years ago
Other questions:
  • What are the two fundamental equality requirements of the double-entry accounting system?
    9·1 answer
  • Snackyville sells a wide variety of snacks to retail grocery stores. Snackyville recently released two new snacks: a popular tra
    8·1 answer
  • Beginning in the 1940s, first-generation computers used _____.
    9·1 answer
  • Today, jennifer earns $55000 at her first job. her mom used to make $15,000 at her first job in 1975. jennifer is of the opinion
    6·1 answer
  • Which of these is a pro of being a wage earner?
    14·2 answers
  • Add my number 6158886227
    6·2 answers
  • Jeffery and Cassie, who are married with modified AGI of $90,000, are sending their son to his first year of college. Their tota
    5·1 answer
  • Bellingham Inc had the following activity last year:
    15·1 answer
  • What guidelines will you develop for supervisors to successfully respond to employee questions about unionization? What can your
    15·1 answer
  • Which situation would most likely take place in a command economy?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!