Answer:
(Fixed expenses + Target net profit)/Contribution margin ratio
Explanation:
The formula to compute the dollar sales volume for attaining the target profit is shown below:
= (Fixed expenses + target profit) ÷ (Contribution margin ratio)
where,
Fixed expenses = Fixed cost
Target profit = The budgeted profit
And, the contribution margin ratio is
Contribution margin ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
Answer:
Remarketing
Explanation:
The remarketing is a marketing technique in which the company could able to see that how many people visited on their site , actually visited , and whether any action is taken on the website so that they could analyze the visitors per hour or per day as per their convenience and according to that they motivate the customers via connecting through social media to purchase the company products so that the company could able to increase their sales
So in the given situation, since the Gavin is creating a Google Display Ads campaign designed with a view to increasing the sales and wants to reach the potential customers and convenience them to purchase their products by applying the discount code
Therefore, for this, the remarketing is a good option
Answer:
The answer is 54percent
Explanation:
Elasticity is a measure of how sensitive one variable is to any variable. It is expressed as the ratio of percentage changes in variables.
That is; %change in quantity demanded/%change in price.
This calculation shows how sensitive quantity demanded is to a change in price.
In the question, price elasticity of demand is 1.8
30 percent decrease in price
Therefore, the quantity demanded will increase by 30percent x 1.8
=54percent
Answer:
For example, a trade where the U.S. exports 4,000 refrigerators to Mexico in exchange for 1,800 pairs of shoes would benefit both sides, in the sense that both countries would be able to consume more of both goods than in a world without trade.
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