Answer: Attraction
Explanation:
Companies that engage in marketing by attraction, carryout marketing of a product in such a way that the product they are trying to sell attracts the attention of the consumers. In marketing by attraction the marketers tries to draw the consumer to the product by engaging them, which is achieved by gaining the consumers attention.
Answer:
b. 116
Explanation:
The calculation of Consumer Price Index is shown below:-
CPI = ((Base year basket quantities × current year price) ÷ (Base year basket quantities × Base year prices)) × 100
= ((50 × $1.50) + (100 × $1.10)) ÷ ((50 × $1.20) + (100 × $1.00)) × 100
= (185 ÷ 160) × 100
= 115.6
0r 116
So, for computing the consumer price index for 2018 we simply applied the above formula.
Answer:
1. economic growth;
2. the size of the economy
Explanation:
According to the neoclassical standpoint on issues relating to macroeconomics, it is believed that, over a long period of time, the economy will vary around its potential GDP and its natural rate of unemployment.
Therefore, the size of the economy is defined by potential GDP, and wages and prices will adjust in an intelligent manner so that the economy will move back to its potential GDP level of output.
Hence, The neoclassical view holds that long-term expansion of potential GDP due to ECONOMIC GROWTH will determine THE SIZE OF THE ECONOMY
Answer: Modified product strategy
Explanation:
The modifying product strategy is one of the important strategy in the market as it basically refers to the value adding information and also modification in the existing products.
- The modified product strategy also known as the product life cycle where the existing products are get modified according to the new product strategy.
- By adding various types of features and also improve the performance of the product then it known as the product modification.
Therefore, the modified product strategy are used by the company for producing various types of new products and their aim is to produce the new product in the given original target in the market.
Answer:
$17.97 per unit
Explanation:
Using weighted average method, Equivalent units = Units that are completed during the period + Equivalent units in process at the end of period.
Equivalent units = 8,500 + 2,000*90%
Equivalent units = 8,500 + 1,800
Equivalent units = 10,300
Cost per equivalent unit for materials = (Beginning costs + Current costs) / Equivalent units
Cost per equivalent unit for materials = ($13,000 + $172,100) / 10,300 units
Cost per equivalent unit for materials = $185,100 / 10,300 units
Cost per equivalent unit for materials = $17.97 per unit
