The very first step in developing a social marketing plan involves understanding the target audience.
<h3>How to Create a Social Media Marketing Strategy</h3>
Having a strategy is essential for successful social media marketing.
You risk posting on social media just for the sake of posting if you don't have a plan. It will be difficult to succeed on social media if you don't know what your objectives are, who your target audience is, and what they want.
Creating a social media marketing strategy is crucial if you want to advance as a social media marketer or expand the reach of your company on social media.
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The economy with extra money.
If the govt takes no action to counter this, then the particular price index is below the worth level that individuals expected. Various factors can shift both the short-run economy and long-run aggregate supply curve rightwards like an increment within the technology level, a rise within the level of human capital, a rise within the level of existing capital stock, et cetera.
When the economy is doing well, the financial market is additionally certain to have best. Whether or not the economy is declining, the financial market can still do best. A pecuniary resource increase will tend to lift the worth level within the future. A finances increase can also increase national output.
A funds increase will raise the economy worth level more and national output less the lower the per centum of labor and capital is. A rise within the pecuniary resource level in an economy within the short run translates to a decline in charge per unit. the autumn within the rate further causes an increase in investment because of borrowing costs.
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Answer:
The amount of depreciation expense on the consolidated income statement is $144,375
Explanation:
The computation of the depreciation expense is shown below:
Excess depreciation arise on gain on sale of asset is
= ($125,000 - $80,000) ÷ 8 years
= $5,625
Now the Consolidated depreciation is
= $86,000 + $64,000 - $5,625
= $144,375
Hence, the amount of depreciation expense on the consolidated income statement is $144,375
Answer: Promotion mix
Explanation: In simple words, promotion mix can be defined as a group of tools used by an organization for their promotional practices which further leads to accomplishment of organisational objectives. It is seen as subset of marketing mix.
Promotion mix is a group of activities related to advertising, public relations,sales promotion, direct marketing and personal selling.
Answer:
1. government shoud increase price by 50%. so it would be $3
2. larger effect 5 years from now
3. this is true due to their limited finance compared to adults
Explanation:
1. prices elasticity = % change in quantity demanded ÷ % change in price
price elasticity = 0.4
% change in dmd = 20%
% change in price = ?

we cross multiply
? = 0.20/0.4
= 0.5
= 50%
so if the government wants to reduce smoking by 20%, it has to increase the price of cigarettes by half of its price= $2 + $1 = $3
2. goods usually have more elastic demand as time goes on. So if cigarette price is permanently raised, it would have a bigger effect five years from now. This is based on the fact that the people may not feel short run effect of the increase as they would in the long run. But gradually given this increase, people may start to gradually reduce their smoking.
3. The effect of the change in price would be more felt on the teenagers. this is due to the fact that they have limited financial strength compared to adults. Also they are new to smoking compared to the adults and are more likely to be less involved in the habit.