In the new-product development process, this stage is called: Test Marketing.
Test Marketing is an experiment oversight in a field laboratory (the test market) comprising of actual store and real-life buying situations, without the buyers knowing they are partaking in an evaluation exercise.
Answer:
1. B 2. B 3. A 4. C 5. B 6. C 7. B 8. D 9. D 10. D
Answer:
Closing Inventory = $31050
Explanation:
The cost of goods sold is the cost of the inventory that the business sells during a period of time. The cost of goods sold is calculated as follows,
Cost of Goods Sold = Opening Inventory + Purchases - Closing Inventory
As we already have the values for Opening inventory, net cost of purchases and the cost of goods sold, we can input these values in the above formula to calculate the cost of closing inventory.
93150 = 22950 + 101250 - Closing Inventory
93150 = 124200 - Closing Inventory
Closing Inventory = 124200 - 93150
Closing Inventory = $31050
The correct option is A). the demand curve would shift to the right.
<h3>What happens when the demand for skilled labor increases?</h3>
When the demand for skilled labor get increases, the demand curve would shift to the right.
As the demand for the goods and services increases, the demand for the skilled labor will also increase, which will cause the demand curve shift to the right.
If the demand for the goods and services decreases, the demand for labor will decrease too, and demand curve will shift to the left.
Learn more about demand for skilled labor here:-
brainly.com/question/17323942
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