Answer:
Marketing Mix
Explanation:
Marketing Mix is a gathering of promoting factors that the firm joins and controls, to deliver the ideal reaction in the objective market. It is a significant showcasing device that involves every one of the components which impact the interest for the items offered by the firm. Marketing mix helps to build a healthy relationship with the customers.
Answer: Elasticity of luxury weekend hotel packages in las vegas is -1.432.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to a change in the price of the good.
Mid point method-
Elasticity of luxury weekend hotel packages in las vegas is -1.432.
c. when the price of a good decreases, sellers produce less of the good.
According to the law of supply, an increase in price results in an increase in quantity supplied. This means that there is a direct relationship between price and quantity: Thus, when price of a good falls, sellers produce less
<span>Teenagers and young adults are more likely to view social networks as a valuable source of information. additionally, making products modern and convenient makes marketing to teens much more effective.</span>
Answer:
Purchases= $252,000
Explanation:
Giving the following information:
Sales= $400,000
Cost of goods sold equal to 65 percent of sales.
Beginning inventory= $80,000
Ending inventory= $72,000
To calculate the purchase required, we need to use the following formula:
Purchases= sales + desired ending inventory - beginning inventory
Purchases= (400,000*0.65) + 72,000 - 80,000
Purchases= $252,000
