Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Hi there.
I recently learned in Social Studies that services are usually intangible services. They have value, but you cannot physically touch them.
I'm also using the process of elimination. With that, I give you my best guess:
A. Because it provides support but no tangible goods.
Hope this works out for ya!
Trevor restores antique cars and sells them for profit. This is an example of CAPITAL GAINS income.
Capital Gain is a profit earned from the sale of a property or an investment. It is not only limited to vehicles. It is also applicable to real estate sales. Every Capital Gain has its corresponding taxes to be paid to the government.
Answer:
<u> c. Mix width</u>
Explanation:
Product mix width can be defined as the total number of product lines that a company has to sell.
As an example, we can mention a cosmetics company that manufactures four different types of products, such as jewelry, perfumes, clothes and makeup.
Companies use the strategy of having different product lines because they add benefits such as attracting more consumers and gaining a larger share of the market.
Answer:
D. More Units may be sold - but total revenue will be less than it would be at the higher price
Explanation:
Marginal Revenue (MR) represents the additional revenue that can be obtained if sales of a product are increased by one unit.
MR= is change in Total Revenue/Change in Total Output Quantity
In this situation as envisaged by the Marketing Manager, a price cut will lead to an increase in revenue based on more (marginal) units of the product sold at a lower price. The challenge, however, is that this increase in income will not be enough to offset the decrease in revenue that will result as a result of the price cut.
In other words, the organisation is better off selling fewer products or units at its current price than sell more (marginal units) at a reduced price.
