Answer:
The correct answer is D. demand and the nature of the market.
Explanation:
External factors: Nature of the market and demand
The price-demand relationship varies in different market classes, and how the way the buyer perceives the price affects the pricing decision. 4 types of markets
.
- If there is pure competition: merchants in these markets do not devote much time to marketing strategy. There is no charge for the products. It is standardized.
- In monopolistic competition: it is within a price range, it can vary by quality, or the services that accompany it.
- In oligopolistic competition: they can be uniform products or not, they are constantly watched over the competition. If prices rise, buyers will quickly change them as a supplier. There are few vendors and it costs others to enter.
- In a pure monopoly: a market formed by a single supplier, unregulated monopolies have the freedom to set their prices, however they do not take advantage of them for several reasons, not to attract competition, fear of regulation and to penetrate the market.
- Demand curve: curve that shows the number of units that the market will buy in a specific period at the different prices that could be charged.
- Price elasticity: Measurement of the sensitivity of demand between changes in the price. It is obtained with the following formula: Elasticity of demand with respect to price = percentage of change in the amount of demand Percentage of change in price
The answer is yes.
Its possible for a firm to become too big to be competitive and earn profit. They can be so large and successful that they no longer compete with small businesses anymore and might inhibit the ability to continue earn their profit.
Answer:
The correct answer is letter "C": Offer to make the changes to the product and explain to your supervisor what happened.
Explanation:
In front of every problematic situation, a solution must be offered beforehand. If the other party is alleging were are guilty of something, we must review what or role in the situation was to confirm if we did what we were requested to do. Just like in the example, the guidelines we were hired for were met but the client replied stating they were not. In such a case, the whole situation must be explained to the supervisor in charge.
When there is a change in activity level, then:
- Total variable cost changes.
- Variable per unit remains constant.
<h3>What happens when activity level changes?</h3>
As a result of the change in activity level, the variable cost will change in total because it increases when there is an increase in number of units produced.
The unit variable cost will however remain the same as the company incurs the same variable cost per unit produced.
Find out more on variable cost per unit at brainly.com/question/26373444.
Answer:
Marketing Plan
Explanation:
The marketing strategy of the company is one of the most crucial components of development and growth for the company.
It includes all the activities in which the company makes a strategy and plan of how shall the product be developed, what should be an approximate level of acceptance of cost, and further how it shall be ultimately delivered to maximum consumers.
It is thus, comprised of various steps involved as it relates to a complete task from the beginning to the end of producing and delivering the product.