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Vsevolod [243]
4 years ago
12

_____ is a practice where a store sends coupons to a customer, who has already bought a product from the store, for a more expen

sive brand of the same product, in the hope that the customer would prefer the expensive brand.
Business
1 answer:
Kaylis [27]4 years ago
3 0

<em>Answer:</em>

<em>Upselling   </em><em>               </em>

<em>Explanation:</em>

<em>Upselling: </em><em>The term "upselling" is described as a specific sales technique in which a seller generally induces different customers to buy or purchase items that are considered as more expensive, upgrades or any other "add-ons" while making an effort to create a profitable sale. </em>

<em>In other words,</em><em> it is referred to as a practice or an effort to encourage various customers to buy high-end products. This is a method of persuading customers.</em>

<em>As per the question, the given statement signifies "upselling".</em>

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Many people believe that pure monopolies charge any price they want to without affecting sales. Instead, the output level for a
irga5000 [103]

Answer: Option (d) is correct.

Explanation:

Correct Option: Marginal revenue equals marginal cost.

Pure monopoly is a market situation in which there is a single firm who are producing the goods and these goods are the close substitute. There is no other firm in the market. So, the monopoly firm is the price setter.

The output level that is produced by the profit maximizing monopoly firm is at a point where marginal revenue is equal to the marginal cost. It is the same profit maximizing condition that a competitive firm also utilize to find their equilibrium level of output.

3 0
3 years ago
A business made some changes to its processes, and its productivity increased by 25%. If it previously was able to produce 10, 0
iVinArrow [24]

Answer:

D. 25,000

Explanation:

Initially, with an investment of $8,000, the business was able to produce 10,000 units of products.

Changes were made and productivity increased by 25%.

25% of 10,000 = 25/100 x 10,000 = 2,500 units

Which means with an investment of $8,000, 12,500 units of products can now be produced.

<u>Now, the business doubled its investment. This means that the units of products produced will also doubled:</u>

12,500 x 2 = 25,000 units.

<em>Hence, the correct option is </em><em>D.</em>

6 0
4 years ago
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Alguien para hablar estoy sola
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Answer:

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Explanation:

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3 years ago
If the exercise price of an M-tel warrant is $48 and the stock splits 2 for 1, what will be the post-split exercise price of the
mariarad [96]

Answer: $60

Explanation:

4 0
4 years ago
According to F.A. Hayek, what is the fundamental economic problem facing society?
jenyasd209 [6]

Answer:

According to F.A. Hayek, the fundamental problem facing every society is how to use limited resources in the most optimal way possible.

Explanation:

To Hayek, this problem could not be fully solved by any society, but the best a society could do is to rely on the price system, only possible under a free market, to signal which uses were more optimal than others.

This is also the reason why F.A. Hayek, along with fellow Austrian economists Ludwing Von Mises, believe that socialism could not work: socialism, according to Hayek and Mises, destroyes the price system, and without it, society has no rational way to allocate resources in an optimal way.

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3 years ago
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