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Zepler [3.9K]
2 years ago
8

The Cereal Bar, a fast-food restaurant that sells breakfast cereal, wanted to see if a different price for its Wild O's breakfas

t special would affect demand. So the marketing manager used ________ when she tested two different prices at two different stores and compared sales.
Business
1 answer:
Soloha48 [4]2 years ago
4 0

Answer:

test-marketing

Explanation:

Based on the information provided within the question it can be said that in this scenario the marketing manager used test-marketing. This term refers to when a business tests more than one viable option in the market at a smaller scale in order to see how it performs and how viable it actually is before wide scale roll-out. Which is what The Cereal Bar has done by placing their product with two different prices at different stores.

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The marginal tax rate for a lump-sum tax a. is always positive. b. is zero. c. can take on any value but must be greater than th
o-na [289]

Answer:

b. is zero.

Explanation:

Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.

There are three (3) types of taxation used by the government, these are;

1. Progressive taxation: it involves charging individuals having higher incomes a higher percentage of their total income.

For instance, Citizen A pays 20% on $50,000 and Citizen B pays 15% on $36.000.

2. Proportional taxation: it involves charging both lower and higher income earners equally in proportion to their income.

For instance, Citizen A pays 10% on $50,000 and Citizen B pays 10% on $36,000.

3. Regressive taxation: it involves charging individuals with low incomes a higher percentage of their total income and vice-versa.

For instance, Citizen A pays 15% on $50,000 and Citizen B pays 20% on $36,000.

The marginal tax rate for a lump-sum tax is zero because an additional amount of money would not change it.

7 0
2 years ago
In the demonstration, 360∘ of rotation (one full rotation) represents a sidereal day. You can actually measure the length of the
Gennadij [26K]

In the demonstration, 360∘ of rotation (one full rotation) represents a sidereal day. You can actually measure the length of the sidereal day by measuring the time from when <u>the star vega</u> or<u> the star sirius</u> crosses your meridian on one day (or night) until <u>it </u>crosses the meridian on the next day (or night). Mastering astronomy.

3 0
3 years ago
Decisions made during the supply chain design phase regarding significant investments in the supply chain, such as the number an
Mars2501 [29]

Answer:

The correct answer is True.

Explanation:

A good supply chain aims to maximize the profitability of the company while trying to provide the best service in order to obtain a high degree of customer satisfaction. That is why, when planning the design, it must be customer oriented and not only focused on the company.

Steps prior to the design of the supply chain

When designing the supply chain, there are several points to consider in order to obtain a coherent and functional design.

  • The members that become part of the chain. The first thing to be fixed are the members that are part of the chain, since this will be the guide to go through the rest of the steps. Within this, a subdivision could be carried out, but it is worth mentioning that an agent can be a principal or support agent jointly depending on the work to be done at each moment:
  • Principal. They are the ones that provide direct value to the product or service.
  • Of support. They are those members whose function is to provide information or resources to the main members, such as banks.
  • Structure that forms the chain, that is, all the phases through which a product / service passes in order to be marketed as such. At this point we must try to be as meticulous as possible and always add as much as possible all the phases that are involved, both in manufacturing and in supply.
  • Processes and flows that are carried out in each of the structures mentioned above.
8 0
3 years ago
A firm incurs $400 to manufacture a television. In the market, customers are willing to pay a maximum of $600 for the television
kotykmax [81]

Answer:

D. Economic value created.    

Explanation:

The reason is that the economic value created is the difference between the price the customer is willing to pay and the cost that the product actually costs to the firm.

Following is the formula for calculation of economic value created:

Economic Value Created = Value customer willing to pay   -  Cost of product

Here the television costs $400 to the firm and the customer is willing to pay $600 for the television. So by putting the values we have:

Economic Value Created = $600 - $400 = $200

So the correct option is option D.

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sold 500 tickets therefore it is not economically efficient
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