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gavmur [86]
3 years ago
11

"All else held constant" is a major problem facing all methods of estimating the demand for business products. Compare and contr

ast how the marketing and economic approaches deal with this problem. Please use examples.
Business
1 answer:
pshichka [43]3 years ago
3 0

Answer:

In Economics, the phrase "All esle held constant" is also sometimes written in Latin "Ceteris Paribus". In Economics, this assumption is fundamental to the whole academic discipline since Economics is based on economic models that make a series of assumptions in order to reach partial conditions.

So in Economics, the reasoning is always in the manner of "all else held constant".

In Marketing, what is always done is to estimate demand for a product, and then, apply a marketing strategy in order to try to not only meet demand, but sell even more. This is because the main goal of Marketing is to satisfy customers beyond their expectations.

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Step 4: Use the line chart to determine the approximate price of the stock at the beginning of 2003. How much money would you ha
Valentin [98]

The amount of money earned with the purchase of one share of stock at the beginning of 2003 and selling it at today's current price is <u>$22.81</u> ($61.81 - $39).

<h3>What is the price of stock?</h3>

The price of a share of stock is the cost that is paid to buy it or the revenue received when it is sold.

The price of a stock reflects the value that investors place on the issuing company.

Thus, the amount of money earned with the purchase of one share of stock at the beginning of 2003 and selling it at today's current price is <u>$22.81</u>.

Learn more about determining the price of a stock at brainly.com/question/8084221

5 0
2 years ago
Red Bull is a brand of energy drink whose target market is mainly young people looking for a drink that can improve performance
sammy [17]

Answer: Option A      

Explanation: In simple words, integrated marketing communications refers tot eh strategy under which an organisation tries to link all the promotional messages together so they work in harmony.

In the given case, Red bull wants to attract young customers for their product. Hence they are trying to promote their product on events that the youngsters usually attract to.

Thus, we can conclude that the correct option is A.

4 0
3 years ago
Green Energy​ Inc., is a manufacturer of wind turbines. In the annual​ meeting, the directors are discussing the next​ year's op
nalin [4]

Answer:

The correct answer is The​ firm's average cost of production remained unchanged over the last 100 units.

Explanation:

The minimum efficient scale is called the value of production for which the average long-term cost is minimal and also coincides with the marginal cost.

On the minimum efficient scale it is said that we are in the smallest possible production in which a long-term competitive company would be interested in producing. Below that value, the company would go into losses and should close.

The curve of long-term average costs is obtained from the envelope of the infinite possible curves of short-term average costs for different plant sizes, that is, for different levels of capital. From this envelope, a U-shaped average cost curve is obtained, at which minimum, precisely, the minimum efficient scale is found.

8 0
3 years ago
A business would like to invest in a new product, but they are short on extra
pickupchik [31]

Given the scenario described herein, one good solution for the business to invest in a new product when it is short on cash is <u>B. Liquidate some inventory to increase cash flow.</u>

<h3>What is Cash?</h3>

In accounting, cash includes bills, coins, bank balances, money orders, and checks. Cash is the first item in most balance sheets, especially if the company is reporting liquidity.  Cash happens to be the most liquid of all assets. Cash also includes cash equivalents, which are assets readily converted into cash.

Thus, the company does not need to raise prices, fire employees, or cut wages to raise cash.  It can liquidate some inventory at lower prices if necessary.

Learn more about meeting cash requirements at brainly.com/question/735261

7 0
2 years ago
Which of the following is most likely to be considered revenue, according to the Financial Accounting Standards Board’s definiti
sesenic [268]

Answer:

A web streaming company fulfills a 12-month service term paid by customers in advance.

Explanation:

Revenue is recognized from services rendered or goods delivered. It is recognized only when the risk and reward is transferred, further it relates to the normal business of company.

As in the first sentence the company makes scientific devices and it sales an agricultural land, that is sale of fixed asset.

In second case the pharmaceutical company receives donation which is anonymous.

All the things are not revenue for company.

It is only the web streaming company which shall recognize revenue as the services are rendered and revenue shall be recognized related to normal business of company.

8 0
3 years ago
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