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jek_recluse [69]
3 years ago
6

The price component of a marketing mix is:

Business
1 answer:
Murljashka [212]3 years ago
7 0

Answer: the correct answer is a. a competitive weapon for companies

Explanation:

Pricing has an important role as a competitive weapon to help a business exploit market opportunities. Pricing also has to be consistent with the other elements of the marketing mix, since it contributes to the perception of a product or service by customers.

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Which feature helps business address customer grievances
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A customer service representative would be a feature commonly used by huge companies in addressing the customers' issues with regards to their products and services. Furthermore, customer feedback is very important because the company would have the idea on how to improve their service or product.
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MAVERICK [17]

Answer:

Explanation   highest paying

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6 0
2 years ago
The two main purposes of a business plan are: a. to provide a document to keep employees focused and to seek outside funding. b.
Free_Kalibri [48]

Answer:  Option A

     

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8 0
3 years ago
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Lunna [17]
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5 0
2 years ago
If the inverse demand function for a monopoly's product is p = 100 2q, then the firm's marginal revenue function is a. 200 - 4q.
liq [111]

If the inverse demand function for a monopoly's product is p = 100 2q, then the firm's marginal revenue function is  200 - 2q. Price becomes a function of quantity demanded in the case of an inverse demand curve. The inverse of a demand curve, this indicates that variations in the amount required cause changes in price levels.

The formula for calculating the demand curve for a product yields the graph of an inverse demand curve. The quantity demanded is a function of price on the demand curve. This aligns the horizontal axis with pricing, with quantity demanded on the vertical axis.

To learn more about demand curve, click here.

brainly.com/question/13131242

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7 0
1 year ago
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