Answer:
d. The demand for any individual brand is less elastic than industry aggregate demand
Explanation:
A consumer will change brand before leaving the market
as considering the consumer wants to maximize their utility it will always consume for that goal as the bran is a premium which provides utility as the price of that particular brand cuts form their competitors it will make the demad more elastic as i is cheaper to move toother suppliers
The break even units is 20,000 units
<u>Explanation:</u>
<u>Firstly, the break even units needds to be calculated and is as follows:</u>
Selling price per unit = $50.00
variable costs = $30.00
Contribution Margin per unit = $20.00
BEP units = Fixed cost by contribution margin per unit
Fixed overhead = $400000
Contribution margin = $20
BEP = 20000 units
where : BEP = Break even units
Therefore, the break even units will be at 20000 units.
As per the given options in the question, the option C is the correct option.
Answer:
The correct answer is the option C: Media Mix
Explanation:
To begin with, in the area of marketing, there are four major variables to work with, the four Ps are: Product, Price, Place and Promotion. This last one, promotion, has the importance of finding the proper media o channel to deliver the message that was developed by the advertisers. Therefore that it is in this part where the employees of the company are looking forward to choose the better channels to deliver their message and the term of media mix in here indicates that group of channels that the workers decided. That is why, when Windows decide to deliver they marketing message of a new operative system they select a magazine, internet and direct mail, all that, comprehends its media mix.
Answer:
<em>c. The reasoning of both Alfons and Mary suffers from the omitted variable problem</em>
Explanation:
The issue of omitted variables occurs as a result of mis-specification of a linear regression model, which could be either because the impact of the omitted variable on both the dependent variable is unclear, or the evidence was not accessible.
This causes you to omit the variable from your regression, resulting in over-estimation (upward bias) or underestimation (downward) of the influence of one of the other predictor variables.
Answer: The court will apply the predominant-purpose test to determine whether the predominant purpose of the contract was the sale of goods in which case the UCC would apply.
Explanation:
Based on the information given in the question, we should note that the court will apply the predominant-purpose test to determine whether the predominant purpose of the contract was the sale of goods in which case the UCC would apply.
We should note that under a predominant purpose test, it will apply when the transaction involved is Mena for goods sales and not for the service sales.
