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3 years ago

What is the final step in marketing a product?

Business

2 answers:

Allisa [31]3 years ago

4 0

Answer:

Positioning: The final step is to position your product in a way that will appeal to the needs of your target audience and encourage them to buy your product.

emmainna [20.7K]3 years ago

3 0

The final step is positioning

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One problem with the consumer price index stems from the fact that, over time, consumers tend to buy larger quantities of goods

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Answer:

SUBSTITUTION BIAS

Explanation:

Substitution bias occurs when a customer decides to purchase a substitute of a good after the prices becomes cheaper than the goods they normally purchase. It rises as a problem in price index due to the fact that customers/buyers can decide to change or substitute goods at an instant because of changes in prices. In situations like this, customers tend to avoid the whole increase in prices by changing to cheaper substitutes. Substitution generally is a consumer changing or substituting an expensive product for a cheaper one due to changes in prices. This usually leads to inflation rate been overestimated or overstated.

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3 years ago

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Answer:

D. Personal Income

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Answer: B. Individual ledger accounts

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2 years ago

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3 years ago

Banks work to earn a profit by selling financial services Group of answer choices True or false?

insens350 [35]

Answer:

True

Explanation:

Financial services are the activities rendered by any financial institution such as the banks to their customers. Most of the services are done at a fee that makes the main source of revenue for banks. The revenue is spent to pay the overall expenses of the bank. If the expenses are lower than the revenue, a bank makes profit. If expenses exceed revenue, a bank makes loss which is not mostly the case. Therefore, it is true to say that banks work to earn a profit by selling financial services.

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4 years ago

What is the final step in marketing a product?​

What is the final step in marketing a product?