Answer: False
Explanation:
Total Revenue is the total amount that is received in return on sales of goods and services.
It is calculated as Price multiply by Quantity.
If the price of a product increases the revenue would also increase ceteris paribus( all things being equal). If the price of a product was $10 and 4 units were purchased Total revenue would be $40 and if price increases to $20 and 4 units were still purchased total revenue would be $80 assuming that we’re not taking into consideration any other factor like elasticity or type of good.
If price increases revenue increases too.
Answer:
It is a sales promotion.
Explanation:
Sales promotion tool is used because of following factors:
a) It improve the sales for short term as it gives another reason to buy the product.
b) It is targeted toward brand switcher.
c) It encourage occasional buyer to make more purchases.
d) Increase new customer and brand loyalty.
e) Provide benefits to existing customer.
Koffee is also using sales promotion tool to get benefit in sales and Brand development.
Answer:a store buys a shipment of computers can’t afford to buy any new phones
Explanation:
apex
Answer:
d.) Jones is an incidental beneficiary and has no right to sue for Ace Construction's breach of the contract.
Explanation:
Jones was not a direct party to the contract, in fact, any profit which he was supposed to receive was incidental in nature and thus he cannot sue Ace Construction's breach of the contract.
Answer:
d) Avoidable costs are also known as sunk costs.
Explanation:
The avoidable cost are those cost that can be ignored while making decision. The sunk costs are all those cost which already been incurred and it will not be effected by the change in decision. The sunk costs are already been expensed so, whatever decision you make it will not be changed.