Answer:
Diamond Boot Factory
Differential income per pair of boots from accepting the special order is:
= $7.00.
Explanation:
a) Data and Calculations:
Selling price of specialty boots = $26 a pair
Variable cost per boot = $9
Special offer for 70 boots at $18 per pair
Additional stitching cost = $2
Total variable cost for the special order = $11 ($9 + $2)
Revenue from the special order = $1,260 ($18 * 70)
Variable cost for the special order 770 ($11 * 70)
Differential income = $490 ($7 * 70)
Answer:
D. All of these answers are correct
Explanation:
Content marketing is a form of marketing that navigates around creation of and sharing of online materials that's not primarily aimed at promoting a brand, but rather intended to stimulate interests in its product and services.
Online materials may include: videos, social media posts, pictures, blog, vlog etc.
Benefits
Content marketing is very cost effective, hence reaching more buyers at a low cost. It is more cost effective than many other traditional marketing techniques that exist.
Content marketing helps build brand awareness. By posting useful content that engages target buyers or customer, more attention is drawn the the content being marketed. It creates a form of credibility and authority and creates brand preference for your buyers.
Content marketing enables the manager to basically own the attention.
Other benefits includes: creates loyalty, develops lasting relationships, generates traffic and so on.
Answer:
a) consumer
$5
Explanation:
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Willingness to pay is the highest amount a consumer would be willing to pay for a product. The willingness to pay in this question is $30.
The price of the goods is $35 but Alice would pay ($35 - $10) = $25
The consumer surplus is $30 - $25 = $5
Producer surplus is the difference between the price of a product and the lowest price a supplier would be willing to sell his product.
I hope my answer helps you.
Riders<span> are add-on options (Benefits) that can be added to a basic </span>Insurance<span> Policy</span>
Answer:
d. .64.
Explanation:
Price elasticity of demand measure the responsiveness of demand against change in the price of given product. It measures the ratio of change in demand to change in price.
Change in demand = ( 2200 - 2000 ) / [ (2200+2000)/2 ] = 200 / 2100 = 0.0952
Change in price = ( 1.25 - 1.45 ) / [ (1.25+1.45)/2 ] = 0.2 / 1.35 = 0.148
Elasticity of Demand = Change in demand / change in price = 0.0952 / 0.148 = 0.643 = 0.64
