Promotional mix is is the message conveyance that a business owner uses to sell his or her product .
<h3>What is promotional mix?</h3>
A promotional mix involves using marketing methods such as advertising, sales, public to achieve marketing goal.
The promotional mix is important to increase sales and to get larger marketing mix.
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Answer: Option B
Explanation: Safeguarding inventory refers to keeping proper records of inventory and protecting it from any kind of damage that may result in loss to the organisation.
The main objective behind safeguarding inventory is to minimize loss of the organisation that is keeping it.
In the given case, second option is the purchase return and it could not be considered a default of the purchaser of inventory.
Hence from the above we can conclude that the correct option is B.
Answer:
This is all the information I could find.
Answer:
A) emergency fund spending.
Explanation:
An unanticipated expense that will make it difficult to
get by day-to-day would be a candidate for emergency fund spending.
An unanticipated expense indicates a kind of expense incurred by an individual without being planned for and as such don't fit into regular budget. It could arise in an emergency situation or during hike in price of goods and services.
Examples of unanticipated expense includes; medical bills, car repairs bills, annual insurance premium etc.
Answer:
The correct answer is option B.
Explanation:
A perfectly competitive industry is producing 30,000 yachts per year.
The government imposed a tax of $20,000 on each yacht.
The demand for yachts is highly elastic.
This imposition of tax will create a tax wedge in which the tax burden will be shared between buyers and sellers.
The price paid by the buyers will increase. While the price received by sellers will decrease.
This tax wedge causes the quantity demanded and quantity supplied to fall. As a result, the equilibrium quantity in the market declines.
Since the demand is highly elastic an increase in price will cause the quantity demanded to decrease by more than proportionate.
The price of the product will increase by less than $20,000 as the tax burden will be shared.
