Answer:
Copy Testing
Explanation:
Copy testing is a market research analysis method that utilizes the consumers' responses , behavior and feedback to determine the effectiveness and relevance of an advertisement.
This method reveals a great deal of information about the pros and cons of a particular product through the analysis and study of individuals or group of users.
It addresses media channels like the internet and social media , television radios and others.
Answer:
a. subtract the company's expenses from its revenue.
Explanation:
For computing the profit or loss we simply deduct all the expenses incurred from the revenue earned.
If the revenue is more than the expenses than it would profit to the company
And, if the revenue is less than the expenses than it would be loss suffered by the company
In mathematically,
Net income = Total revenues earned - all expenses incurred
And, the net loss = All expenses incurred - total revenues earned
Hence, the first option is correct
Answer:
Consumer Surplus = $1.50
Explanation:
Consumer surplus is the difference between what a consumer is willing to pay for a given amount of goods or services and what he ends up paying.
Therefore,
Consumer surplus = Amount consumer is willing to pay less amount paid
Given that
Elvis is willing to pay 5 + 4 + 4.50 = 13.50 for three
Price of 3 sandwich = 3 × 4 = 12
Consumer surplus = 13.50 - 12
= $1.50
