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Contact [7]
3 years ago
15

The Framework Company refurbishes antique French purses with silk, satin, and jade trimmings. The bags are its only product. The

y sell for about $875. They are available only in Houston and New York. They are promoted through cooperative advertising with an exclusive distributor and by word-of-mouth advertising. This is a brief description of Framework's:____________
Business
1 answer:
zepelin [54]3 years ago
3 0

Answer:

<u>Marketing mix</u>

Explanation:

Note that, Framework's method of product promotion is mentioned; that is  promoted through

  1. cooperative advertising with an exclusive distributor and
  2. by word-of-mouth advertising.

Also, mention is made of the price they sell; $875 and the place it is sold; only in Houston and New York.

In harmony with the Marketing mix elements which includes the price, product, promotion and place, Framework's just gave a description of it's Marketing mix.

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Putting together two or more parcels of land to make a large piece is called:________.
NeTakaya

Answer:

Assemblage.

Explanation:

In Real estate, putting together two or more parcels of land to make a large piece is called assemblage. The main purpose of assemblage is to increase the price of parcels of land by combining them together rather than selling them individually as a single unit.

<em>For instance, a real estate agent may purchase two (5) parcels of land each worth $50,000 (2 × $50,000). When he assembles them, the new single parcel of land is worth $150,000. </em>

6 0
3 years ago
You are the curator of a museum. The museum is running short of funds, so you decide to increase revenue. What should you do to
SVETLANKA909090 [29]

Answer and explanation:

Demand elasticity measures the changes in quantity demanded as the result of changes in price. Demand elasticity is calculated by dividing the percentage change in quantity demanded by the percentage change in price. If the result is equal or higher than one (1) the product is <em>elastic </em>but if the result is lower than 1 the product is <em>inelastic</em>.

In the case, <em>as the elasticity of demand of the museum ticket is 0.45 it means the museum tickets is inelastic. This scenario implies that in front of changes of price the quantity demanded will not change. Thus, as a curator of the museum you should </em><u><em>increase the museum ticket price to increase revenue</em></u><em>.</em>

3 0
3 years ago
At Mattress Store, Nate signs a contract to buy bedroom furniture. The contract sets a schedule of $500 monthly payments, subjec
earnstyle [38]

Answer:

procedural unconscionability

Explanation:

Since Nate is finding the language of the contract difficult to understand. This is most likely a case of procedural unconscionability.

In contract law, procedural unconscionability refers to a situation where the unconscionability results from <u>inequalities between the parties in respect of age, intelligence,</u> and relative bargaining power.

Furthermore, procedural unconscionability projects an indication that both parties did not freely consent to all terms proposed.

7 0
3 years ago
Ed, an entrepreneur, wants to hire a human resource professional who can help him make decisions about who will or will not be a
Artyom0805 [142]

Answer: Personnel selection

   

Explanation: In simple words, personnel selection is a single term used for the collection of activities recruitment, hiring and acculturation. It involves appointing the suitable individual for the job vacant in the firm.

In the given case, Ed is hiring a human resource professional for his firm. Thus, from the above we can conclude that he should use the term personnel selection.

5 0
3 years ago
The natural rate of unemployment is 4%, and the economy is producing 95% of its potential output. Okun's law predicts an unemplo
Anon25 [30]

Answer:

so correct option is C. 6.5

Explanation:

given data

natural rate of unemployment = 4%

economy producing = 95%

solution

we know here as  Okun's law for the every 1 percentage increase in unemployment rate

GDP of country =  2% lower than potential GDP

but here is country GDP = 5% lower than potential GDP

so there is increase in the unemployment rate = 5% ÷ 2 =  2.5%  

and unemployment rate is given =  4%

so effective unemployment rate will be

effective unemployment rate = 4% + 2.5%

effective unemployment rate = 6.5%

so correct option is C. 6.5

6 0
3 years ago
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