Answer: B2B transactions involve transactions where the buyers and sellers are both businesses, while B2C involves transactions between businesses and consumers.
Explanation:
Business-to-business transactions are simply regarded as the transactions that takes place between one business and another business. This can occur when the business is looking for inputs for its production process.
Business-to-consumer transactions simply regarded as the transactions that takes place between a business and the customers. This occurs when a business sells its goods or services to the customers directly without the goods passing through the middlemen.
Answer:
9 units
Explanation:
The contribution margin is the amount available per unit to meet fixed costs and profits. It is calculated by subtracting variable costs from selling price.
For Bold company, contribution margin is equal to selling price- variable costs.
=$260 -$100
=$160
Break-even points = Fixed cost / contribution margin per unit
= $380,000/$160
=$ 2,375.00
Contribution margin in units = $ 2,375.00/$260
=9.13
=9 units
Answer:
Vertical
Explanation:
To have no substitution bias, what shape would the demand curve need to be for the products in the market basket? To have no substitution bias, the demand curves for the products in the market basket would need to be vertical.
The substitution effect holds that as the price of one good falls, it becomes relatively less expensive. Therefore, assuming other alternative products stay at the same price, at lower prices the good appears cheaper, and consumers will switch from the expensive alternative to the relatively cheaper one. HENCE IN ACCORDANCE TO THE LAW OF DEMAND, THE DEMAND CURVE WILL BE DOWNWARD SLOPING AS DEMAND FALLS FOR THE GOOD WITH INCREASE IN ITS PRICE.
However, if there is no substitution bias, if we ignore the substitution effect; it will mean that the quantity demanded will not change and customers will not switch to cheaper goods, when the price a good increases.
HENCE, WITH CONSTANT DEMAND AS PRICE INCREASES, THE DEMAND CURVE WILL BE VERTICAL
Answer:
The best option would be A)It is designed to increase the demand for Budweiser.
Explanation:
Budweiser is also using this as a medium of creating brand awareness and familiarity among consumers of beer.
