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alex41 [277]
3 years ago
13

You interview with an athletic footwear manufacturer that has annual advertising expenditures of $32 million and total sales rev

enue of $100 million, and the firm selects the profit maximizing level of advertising expenditures. If the advertising elasticity of demand is 0.4, then you know that "Rule of Thumb for Advertising" implies that the demand for the firm's products is
Business
1 answer:
son4ous [18]3 years ago
8 0

Answer:

elastic.

Explanation:

The advertising elasticity of demand measures how sensitive a market and sales are to marketing expenses. Advertising elasticity is calculated by dividing the change in quantity demanded by the percentage change in advertising expenses. Generally products with low advertising elasticity tend to have elastic demands.

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__________ is marketing research to better describe marketing problems, situations, or markets such as the market potential for
Alenkasestr [34]

Answer:

<em><u>Marketing</u></em><em><u> </u></em><em><u>research</u></em><em> </em><em>is marketing research to better describe marketing problems, situations, or markets such as the market potential for a product or the demographics and attitudes of consumers.</em>

<em>What </em><em>is </em><em>marketing</em><em> </em><em>research</em><em>?</em><em> </em>

<em>Marketing research is the process of designing, gathering analyzing and reporting information that may be used to solve a specific marketing </em><em>problem.</em>

3 0
2 years ago
Sheela Dairy Corporation buys unprocessed cows' milk from local farmers. At the dairy, this unprocessed milk is broken down into
Dafna11 [192]

Answer:

The answer is D) None of these statement is relevant in the decision to further process the cream into butter.

Explanation:

option A)  the amount paid to the farmers to purchase the unprocessed milk: this information is not relevant to further develop the cream and low fat milk to butter. It was already considered before this stage of production.

Option B) the cost of breaking down the unprocessed milk into cream and low-fat milk: this cost was already accounted for since the processing into cream and low fat milk is completed.

Option C) the portion of corporate fixed expenses that are currently being allocated to cream: This information is not going to help in the decision making for further processing.

8 0
3 years ago
Researchers have found which of these to be the most popular downward influence tactics?
8_murik_8 [283]
Exchange tactics could be the most popular downward influence tactics....
3 0
3 years ago
Cash receipts should be deposited on the day of receipt or the following business day. What is the most appropriate audit proced
BartSMP [9]

Answer:

The correct answer to the following question is option C) compare the daily cash receipts totals with the bank deposits.

Explanation:

When cash receipts are received by a company, it is often deposited in bank on the bank the same day they are received or they should be deposited the following business day. If a auditor or a manger or owner wants to make sure that the cash is promptly deposited everyday, then one way in which he or she can make sure that this is happening promptly is by comparing the daily cash deposits with the bank deposits or bank statements, through this procedures a person comparing them would come to know of any discrepancy in cash deposit, if it exist.

4 0
3 years ago
Jones and Smith live in the same apartment building. Jones loves to play his opera recordings so loudly that Smith can hear them
vovikov84 [41]

Answer:

The correct answer is letter "A": Should be.

Explanation:

From the efficiency perspective, we shall consider the relationship between the benefits and the costs. If we subtract the cost from the benefits and the result is positive, we could say that it is convenient to continue with the activities of the operations being carried out.

In that case, Jones's benefits are (100) but his cost is Smith's damages (60). Then:

100 - 60 = (+)40;

which implies Jones <em>should be</em> allowed to play his opera music.

6 0
3 years ago
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