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marysya [2.9K]
3 years ago
12

The _____ stage of the product life cycle is characterized by rapid market expansion as more and more customers, stimulated by m

ass advertising and word of mouth, make their first, second, and third purchases.
Business
1 answer:
4vir4ik [10]3 years ago
8 0

Answer:

Growth Stage

Explanation:

The growth stage of the product life cycle is characterized by rapid market expansion as more and more customers, stimulated by mass advertising and word of mouth, make their first, second, and third purchases. In growth stage sales starts rising rapidly, average cost per customer, profits starts rising as well, early adopters buy products, competitors starts increasing in number. Main aim of any firm in this stage is to maximize market share. Brands need to offer product extension. Price needs to be set to penetrate the market.

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Now suppose that the government immediately pursues an accommodative policy by increasing government purchases in response to th
scoundrel [369]

Answer:The output will be $billion and the price level will increase.

Explanation:Long term accommodative policies by government causes a shift to the right of aggregate demand curve in response to the left shifting of the aggregate supply curve in the short run.

This change will definitely cause an increase in aggregate demand without a corresponding increase in aggregate supply to meet the demand.

In doing this the government aims to permanently higher prices in order to restore employment and output to it's original level.

3 0
3 years ago
Costs that do not change in total over wide ranges of volume. 2. Technique that estimates profit or loss results when conditions
likoan [24]

Complete Question:

Match the terms with the correct definitions.

Answer:

1. Fixed costs: Costs that do not change in total over wide ranges of volume.

2. Sensitivity analysis: Technique that estimates profit or loss results when conditions change.

3. Breakeven point: The sales level at which operating income is zero.

4. Margin of safety: Drop in sales a company can absorb without incurring an operating loss.

5. Sales mix: Combination of products that make up total sales.

6. Contribution margin: Net sales revenue minus variable costs.

7. Cost behavior: Describes how a cost changes as volume changes.

8. Variable costs: Costs that change in total in direct proportion to changes in volume.

9. Relevant range: The band of volume where total fixed costs and variable cost per unit remain constant.

Explanation:

It is required that each term are matched with their respective correct definitions. The terms are generally associated with business and sales management.

For instance, fixed costs are indirect costs that do not change in total over wide ranges of volume and irrespective of the level of output (goods and services) e.g rent, salaries, property tax, insurance, depreciation etc.

Also variable costs are costs that change in total in direct proportion to changes in volume of goods and services e.g sales commission, utility costs, raw materials costs, credit card fees, direct labour costs etc.

3 0
3 years ago
A country's ability or intention to meet its financial obligations determines its ________.
vodka [1.7K]
The answer is economic risk.
4 0
3 years ago
True or false: The National Cancer Society is an example of an organization that does not need to use marketing.
Ipatiy [6.2K]
False i believe is the correct answer,
7 0
2 years ago
Shoe-leather costs are the: Group of answer choices effect of inflation on the prices of food, clothing, and other necessities.
qwelly [4]

The increase in transactions caused by inflation is the correct response when it comes to the shoe leather cost effect on inflation. Therefore, choice 3 is right.

<h3>What is the cost of shoe leather?</h3>

When there is significant inflation, the shoe leather cost refers to the time and effort people spend holding less cash in order to lower the inflation tax they must pay on their cash holdings.

The extra time and convenience that must be given up to keep less money on hand than would be necessary if there were less or no inflation is a substantial cost of reducing money holdings.

In light of the cost effect of inflation on shoe leather, option 3 is thus right.

Learn more about shoe-leather costs:

brainly.com/question/22260794

#SPJ1

4 0
2 years ago
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