The XYZ company is a producer of dishwashers. The company’s marketing department has estimated the following demand curve for the company’s best-selling model in one of its regions. Q = 2000-4P+6A+5l+5Pc – 4Ac Where Q = Number of dishwashers demanded P = $600; Price of dishwashers A = $150; Advertising expenditures (thousands) I = $50; GDP per capita (thousands) PC = $500; Competitor’s price AC = $200; Competitor’s advertising expenditures (thousands) a. Calculate the amount demanded for this product using the information given above. b. Plot the demand curve with P on the vertical axis and Q on the horizontal axis. c. Calculate the price to sell 3450 units. d. What would be the effect on the sales of dishwashers if the competitor reduces price by $50? What should be the change in P to offset the decrease in PC ? e. In response to competitor’s strategy of reducing PC , what else can the company do to keep sales at the same level if it does not want to change P ? (Base your answer on the information given above.) f. If the government increases the sales tax by 1 percent, what will be the sale price of dishwashers after the tax (assume that the elasticity of demand is equal to the elasticity of supply in absolute value).
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Category I: generally recognized as safe and effective or not misbranded
Category II: not generally recognized as safe and effective or misbranded
Category III: insufficient data to permit classification
Answer: Pinterest
Explanation:
Joey can use Pinterest to market or promote his business.
d. because it is the correct answer
After Mendel's work was rediscovered, scientists named as Hardy and Weinberg explained why a population doesn't always come to be composed solely of individuals with the dominant phenotype.
<h3>What is a Scientist?</h3>
A person who studies science and has natural expertise based on interest and knowledge about the field is referred to as a scientist. This scientist will perform various experiments and do research.
Hardy and Weinberg explained about the population and why it does not come to be as individuals with the dominant phenotype. There cannot be any migration from or into a population for it to be in Hardy-Weinberg equilibrium.
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