In case whereby, promotion stimulates demand, then it could bring about lower prices for consumers which can be regarded as promotional issue to the brand.
- For demand to be stimulated, the customers needs are expected to be understood by the brands, and this is at the center of marketing communications.
We can conclude that for promotion to stimulates demand, the result could be lowering of price of goods for the consumer.
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The equations is A= P(1 + r)^t, where P is the amount invested, r is the interest rate, and t is the time. So A, your total amount in the bank account including interest, is equal to 6500(1.04)^7, which is The answer is $8553.56 (that's what I rounded to). That is your total, so subtract 6500 from that number and you'll get the interest amount.
Steve may be considering bias. Bias is a way of favoring another in a way that it is unjust. It is a way of comparing two things but only favors the other for the person's liking or convenience. It could be seen above as to how Steve behaves as he tries to compare his favorite team which is the los angeles basketball team to other team players and debates with provocation because he favors his team more than the other.
Answer:
Break-even point in dollars= $36,364
Explanation:
Giving the following information:
A firm is selling two products, chairs and bar stools, each at $50 per unit. Chairs have a variable cost of $25, and bar stools $20. The fixed cost for the firm is $20,000.
To calculate the break-even point in dollars for the firm, we need to use the following formula:
Break-even point (dollars)= Total fixed costs / [(weighted average selling price - weighted average variable expense)/ weighted average selling price]
weighted average selling price= (selling price* weighted sales participation)= $50
weighted average variable cost= (variable cost* weighted sales participation)
weighted average variable cost= (25*0.5 + 20*0.50)= $22.5
Break-even point in dollars= 20,000/ [(50 - 22.5)/ 50]= $36,364
