Answer: the producer will charge a price that is more than $3.
Explanation:
Monopolistic competition is an industry characteristics whereby there are several firms that sell goods or services that can't be called perfect substitute but are identical.
Based on the above information, since marginal revenue and marginal cost equals $3, the producer will charge a price that is more than $3. This is necessary to cover up its cost.
I believe Karson should consult the logistic departement.
The Logistic departement is responsible organizing<span> the storage and distribution of goods.
Because of this, it is very likely that the logistic departeent keep the record on total production and how much of the products already distributed in the market.</span>
Answer:
<em>Segmentation</em>
Explanation:
Market segmentation <em>is the method of separating into factions or parts a market of potential customers based on the various features.</em>
The divisions produced are made up of customers who react to marketing campaigns in a similar manner and share characteristics such as similar tastes, preferences, or locations.
Answer:
Total cash collection= $20,375
Explanation:
Giving the following information:
Big Wheel, Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale.
<u>Sales:</u>
March= $16,300
April= $32,600
<u>Cash collection April:</u>
Sales on account from April= 32,600*0.25= 8,150
Sales on account from March= 16,300*0.75= 12,225
Total cash collection= $20,375
As a speaker, you have failed to consider that you are putting your audience at risk. There is no possible way that you could carry out a live demonstration of archery when the room is so small. It will create problems, not only for your guests, but also for the other presenters. You failed to consider that a larger venue should have been booked if you were going to have a live audience. The guests will feel cramped and uncomfortable. This will not cause them to have positive feedback on your presentation.