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Galina-37 [17]
2 years ago
6

This jacket is so thin. It can't possibly keep out the rain."(Use the boomerang method.)

Business
1 answer:
Ivan2 years ago
6 0

Answer:

The jacket is thin because it uses a fiber called thinsulate that enables it to have the lightest weight but is also the warmest.

Explanation:

In general marketing, the boomerang method refers to the 'reconstruction' of the customer's objection into the main reason for buying. In other words, using the same excuse that a customer has about a product to entice him/her to buy that product by reframing it as a selling point is known as the boomerang method.

In the given scenario, the customer's objection is about the thinness of the jacket can be used as a selling point by the salesman by stating that the lightness of the jacket is what makes it a good product. So, if the seller tells the customer <em>"the jacket is thin because it uses a fiber called Thinsulate that makes it thin but also warm"</em>, then that will make it an interesting and important factor for the customer to like the product more.

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Answer:

22.22%

Explanation:

The calculation of percentage in sales is shown below:-

Increase in profit required = $25,000 - $15,000

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To achieve a profit $10,000, the required sales increases

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Percentage increase in sale = Required sales ÷ Sales of current situation

= $55,555.55 ÷ $250,000

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So, for computing the percentage increase in sales we simply applied the above formula.

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Germaine is operating in a perfectly competitive market. As there are many competing florists, each selling somewhat unique floral arrangements, earning zero economic profits in the long run.

<h3>What is perfectly competitive market?</h3>

Perfectly competitive market is considered when all the competitors have same items and has no influence on pricing, and companies can enter and exit the market at any moment.

The market without restriction, customers have perfect or complete information, and companies are unable to set prices, according to economic theory.

Thus, the situation is of perfectly competitive market.

For more details about perfectly competitive market, click here

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