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RideAnS [48]
3 years ago
6

On a shopping​ trip, Sofia decided to buy a light blue coat that had a price tag of​ $79.95. When she brought the coat to the​ s

tore's sales​ clerk, Sofia was told that the coat was on​ sale, and she would pay 20 percent less than the price on the tag. After the discount was​ applied, Sofia paid​ $63.96, $15.99 less than the original price. The value of​ Sofia's consumer surplus from this purchase is
Business
1 answer:
Cloud [144]3 years ago
6 0

Answer:

$15.99

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good  

$79.95 - $63.96 = $15.99

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The marketing manager of Raven Golf Club finds that the club can increase its market share of it slashes membership prices durin
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Answer:

Conflicts arise between pricing objectives, so sometimes you need to trade-off profit maximizing pricing objectives for market share maximizing pricing objectives, or vice versa.

Explanation:

Your pricing objectives can be either a price that maximizes profit, or a price that maximizes market share and sales volume.

The problem is that most of the times you cannot set one price that will achieve all the possible pricing objectives.

For example, if you want to maximize profit, your price will be high, but your sales volume will be small. If you want to increase your market share, you must sell your products at a low price.

3 0
3 years ago
When the supply curve shifts out (to the right) and the demand curve shifts out (to the right), the equilibrium quantity will:a)
d1i1m1o1n [39]

Answer:

increase.

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I hope my answer helps you

6 0
3 years ago
Susan was conducting a group discussion in her organization. She found that the sales people and the production team had differe
just olya [345]

Answer:

As Susan is conducting a group discussion in her organisation with two different groups, one group is from Sales department while other is from the Production department. She has also come to know that both groups have different perspectives on certain things. So, what exactly she can do to make her discussion effective and successful, she need to find common points within both groups arguments, then she should highlight those common points two both groups, in this way both groups will develop harmony or they will fee some synchronization among them.

Next, she should make both groups realize that we are working for one organization, if sales team win, then automatically it will be the win of the production departments as well because whole organization will be benefited for it. Likewise, if Production departments achieves something incredible, then Sales team will also be beneficial. Therefore, in this way Susan can make her discussion is a success.

3 0
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lord [1]
I’m going to say B but at the same time I think it’s A
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3 years ago
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